Swing Trade Setups for Day Traders I have been creating more detailed versions of the end of the day 5 minute charts that I post every day. I would like traders to see what factors to consider when deciding on whether to take a swing trade setup. Here is a sample of volume 11 charts. […]
Is there a perfect trade setup when trading online
When traders start out learning how to trade online, he has a sense that it must be hard to make money. He knows he is competing against the smartest people in the world. However, he hopes that there is a shortcut, some easy, perfect trade setup that might be too small for Goldman Sachs or […]
What is price action? 6 aspects to consider
Any representation of price movement What is price action? There is no widely accepted definition of price action, but I think a broad one is most helpful for traders. I like the one that I use in the first video in the Brooks Trading Course, and I am basing this article on that video. Price […]
Traders Vibe video podcast with Al Brooks
Professional price action trader Al Brooks Al joined Carl Burgette of FX At One Glance for a “Traders Vibe” video podcast on Thursday August 20, at 1:30pm PT / 4:30pm ET. The podcast Q&A is followed by Al’s analysis of the EURUSD market.
10 best price action trading patterns
10 best price action trading patterns These 10 Best Price Action Trading Patterns are my favorites, and successful traders use these patterns every day to make money. Be flexible because each has many variations. If you keep your mind open to all possibilities, you will begin to see them every day, in every market, and […]
Ask Al: Trading room video recording
Trading Room: Friday June 12, 2020 Video duration: 2 hour 28 minutes. Full recording of Al Brooks trading room. Periods of silence are automatically removed, including middle of the day when Al takes a break to relieve sore throat from talking for so long! During the break Al writes his bar-by-bar analysis report live. […]
Ask Al: Brazil price action community video podcast
Video duration 1hr 6min. Podcast first published January 28, 2020 by Portal Price Action, Brazil, for the Brazilian Brooks Price Action community. Brazil’s legion of Al Brooks price action fans FELIPPE: Hi, Al. How are you? AL: I’m very well, Felippe. Thank you for inviting me. FELIPPE: Thank you for being here, for attending this […]
Price action is genetically based
Charts are the same as 100 years ago Now that computers dominate trading and markets are international, a common topic is whether the behavior of markets has changed. The movement on charts is called price action and it is a reflection of human behavior. Like all behavior, it is genetically based. People have always wanted to make […]
Price action and candlestick charts
Most successful traders use candlestick charts to make their money. In addition, they trade primarily or exclusively using price action. Although there is no universally accepted definition of price action, I use the broadest one. I say that it is simply any move up or down on any chart for any market. The smallest move […]
Trading Price Action: 5 Thoughts on Protective Stops
Webinar for McMillan Analysis Corporation
Video duration 1 hr 4 mins Hosted by Al Brooks, MD Professional Trader, Author, Lecturer, and Daily Trading Room Presenter Price action is any representation of price movement of any financial instrument, on any type of chart and on any timeframe. Every trader needs to use stops. For most traders, stops based on price […]