Brooks Trading Course Sample: 12A Market Cycle
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- Опубликовано: 17 июн 2024
- The first of 4 sample videos for the new Brooks Trading Course completed early 2018.
This video is the complete first video of the Market Cycle set of 3 videos. Topics covered are:
Four parts of market cycle?
Pullback is start of channel
Channel becomes Trading Range
The Brooks Trading Course is the most comprehensive source of information on reading and trading price charts.
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Risk Disclosure:
Futures and Forex trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.
Hypothetical Performance Disclosure:
Hypothetical performance results have many inherent limitations, some of which are described below.
No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.
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This man is number one for teaching trading. Period. I have seen 20 different gurus. This is the real deal with no fluff.
Is it focused on day trading?
Which are other20 gurus?
@ Ross Cameron is one.
Yes. I think you have be ready for Al - training wheels off.
Well you haven't watched Michael Huddleston ICT thats why.
I watch this videos several times, it's pure gold
His trading course is gold mine
He’s the McCoy of teaching!
after combng the internet for a solid year, thisis ealiy one of the best videos in regard to trading. seriously considering doing the course.
Very true
golden
This video literally saved my trade today, Thank you so much Al!
This is brilliant and quite captivating as well! I Invest my money in forex and it has really been favorable to me this season ever since I was recommended, I make good rewards from my investment on a weekly basis best regards to Mr. Ray Perkins mentorship/guidance 🇺🇸
@Jennifer Anderson who the heck is Ray Perkins. This video is Al Brooks.
Very, very nice. I'm watching all the videos from this channel, and this was a great improvement on the sound system. Congratulation Al.
I love how you manage to categorise patterns. Even though I call my patterns differently I can still allow your categorisation system. Thank you
Top One training course on RUclips, thank you very much Al Brooks🙏
Beautiful explanation , absolutely gold , much appreciated
Finally, I believe I understand how the market works, and this is chocking in a good way. Thank U Al Brooks, U have been a HUGE inspiration to understand Price Action. BTW: I always trade in both directions.
U do a great job of explaining price action. Excellent.
This video extremely helpful to understand the different phases of the market cycle. Thank you Al for a very clear and interesting presentation.
I like the way you break down basic concepts into a logical format. Things we may have known intuitively but could not formerly articulate. Very powerful.
This
Is very good video, i from Brazil, my teacher is Felipe Aranha,
always learning from you master, thank 's Al!
Wow!!! no one have ever explained and dissect the rationale of the evolving candles bars, runs the way like Al does. he really brought the TA to another level!!!! Thank you so much. It is all in the details!!!!👍👍👍
Thanks AL. Regards from Brazil !!
Dr. Brooks I am so grateful....you are the master in our trading world, sharing your extensive, deep knowledge with thoughtful and clear speech...how can we thank you...
Thank you so much for your help I was about to give up but then I found you and I’m so eager to lean :)
Finally the video is out. Good one Richard 👍
Thanks. Will get back to more frequent videos here as soon as possible.
Al I need to listen 🎧 again to understand the in between instructions your the best
O Sr. Nos trouxe uma nova perspectiva de como ler price action.
No words.....ur out of this world Sir.... Great Master..... millions of Thanks .
Hi bro I want buy The Brooks Encyclopedia of Chart Patterns.
however am not a BTC member if you have the chart pattern i want to buy from you
please reply me
Thank You So Much My Dear Al Brooks
❤ Yes i love Doc . now I am reading fourth time reversals and trends already done 4 . now im making notes almost from every page down. and learn till know by hearth some parts like characteristic of strong reversals. I remember first time when started with reading i was angry that's so hard to understand. today i see it is all compact ans every datail is necessary. im gonna read later ,,Trading ranges" so Bad that it isn't in my polish. but somethimes in English is easier to understand . then Thank's to Lovely Doc. I Told my grandma there is such a doc she was like ,,Wow certainly he's very talented one" ❤
He is legend guru on trade,number one real people teacher for trade
Aula incrível
The best price action course out there....period....!
Rajat Sharma I’m thinking of getting the course, how is it?
@@seanseedharie668 GO ahead bro, it is very detailed then the previous version and is purely based on the price action, no indicators nothing, you wont be disappointed.
@@rajatsharma7440 how about his Forex course is it good
@@prasadramesh326 Prasad bro actually there is very little difference between Stock trading courses and forex courses, markets doesn't gap in forex because it is a 24 hour market, I think it will be similar to stock course, moreover I don't trade forex Market. So go ahead if you wanna buy
@@rajatsharma7440 hey i have a query. does there any difference between all brooks course and its three books on price action
Outstanding material!!! Thank's for sharing !!! Let's Trade...
im reading your book , its reaally insane !
Thank you Al!
Thanks al brooks ,
Golden stuff here
Al brooks course is diamond.. The more u study more u learn n become good in your trading.
Hi bro I want buy The Brooks Encyclopedia of Chart Patterns.
however am not a BTC member if you have the chart pattern i want to buy from you
please reply me
@@vigneshkumar4260 i had his pa videos which i deleted after studying them.
@@JaySingh-ju9fd I want The Brooks Encyclopedia chart pattern only that can be bought by only BTC members
I will give 50 % of the price
I think as a BTC member you can buy it from them
Please reply
Awesome!!
THANK U DEAR...........................
LOVE U :)
Thank You....
God will continue to bless u and ur team for helping pple Mr Al brooks
thanks sir....
thanks
Very cool
OK this is the second time I've heard you talk about me having to care why someone would take the opposite side of my trade. Balderdash. I have no way of knowing who is on the other side or what their reasons are and to spend any time at all wondering is a waste of energy. It might be a market maker, a retail trader on a beach in Hawaii, an HFT in London or an institution. Each one of those entities will be operating on their own time frames and using their own methods and none of that has any bearing at all on what I am doing. The only thing that matters is what the market overall does and how I handle it.
I was thinking the same
I cant help to also agree. What others do have no effect on me. I dont control the market. I am only reacting to it. In real situstions you cant analyse every move in detail like he does. I try to keep it real simple.
You mentioned limit order and stop order bears 34:49. How can you tell from the candles which bears are they?
@ 34:46 Hello Al, how do you differentiate limit order bears and stop order bears. How do you see a difference just by watching the candles?
At 16:11 - you're not mentioning the fact that these Bear bars have extremely long wicks at either end at the beginning of the trend, so even though the candle bodies do not show overlapping price action, the actual traded footprint left in these bars shows there was extreme overlapping price action in the first two bars after the first signal bar.
That means if you were day trading that price action in real time, you would have had absolute no idea when or where to get into that trade and there was an extremely high possibility that you would have been stopped out twice in a row and given up on the trade and probably thrown something at your screen.
It would be more interesting to actually run a replay of a chart with a similar pattern and illustrate frame by frame the correct way to have entered and exited the trade. Even doing it that way is sort of cheating, because it's all hindsight, but it's the theory that counts.
This is why most traders lose money, because alot of the price action is too extreme at either end and it's nigh on impossible to trust your trade. Signal bars are just no longer signal bars anymore and there are so many combinations that can be thrown up to fake out traders. Even extreme price action bars can be reversed by a similar or even bigger bar on the next pass, there's just no way of telling that your trade is safe.
I personally never take trades with wide stops for this reason, because you can no longer sit there and think "this won't retrace all the way back from here".
ths. 谢谢
How do I know if stop entry bulls are bears have entered the market?? @brookstradingcourse
so i don’t short retracements in a bull trend, i don’t use my bearish levels for shorts when in an uptrend. i should use bullish levels for uptrend. so decide trend to play, then decide the levels to use. which trend am i looking at? and the market is always in a bull trend, bear trend, or a trading range. candle close and short to next PT even in an uptrend ? NO
I'm a little confused by why Brooks considers breakouts high risk. If you're quick enough to move your stop up with the BO, it's no more risky than a trend. Or, if you're fast enough to configure your trade correctly, a trailing stop limit with a sufficient margin behind the BO would quickly become zero risk. Sure, I see that if you get into a BO and leave your stop at the bottom (for longs) that's high risk if there's a quick reversal, but there's no reason you have to do that.
BO has low probability, low reward, and fleeting.
On god people are missing out on this
how can i get the 2nd and the 3rd video of this
Yup
What time frame is this video on? He mentions the number of bars, 1,20,80 but I'm not sure what time frame he's referring to.
he trades 5min but his trading philosophy is that you should trade all timeframes the same
👏🏻💯🙏🏻
I think it’s better to trail stop loss in break outs moving it under the previous candle low. if candles don’t overlap the risk of being stopped out is low and if breakout ends and reverses you will get the max profit vs leaving your stop at the bottom of breakout
every time i enter a spike it goes against me even there is no support
Good information but I disagree with the terminology - Market Cycle should be Market Phase - market cycles are like sinusoidal waves - sell high of cycle buy low of cycle
please can someone tell me. why not move your stop loss up as a bull run continues. Am I missing something really basic ? thanks to all
You only move to the major BO not on the minor swing.
There are no false / true BO, it’s all traders confident to take the entry…stay your stop loss as planned. If you revise the stop loss there will be chance of hitting revised stop loss on bull trappers. A single bear bar in the BO may hit your revised stop loss.
please convert these video in hindi language...option not available