Al Brooks is a gem. Watch these videos over & over- Take notes. Integrate the trading wisdom. And spread the word to all struggling traders. Thank you Al~😀🧡✝☦
I've seen people build up to $800K during crises, and even pull it off easily in an adverse economy. Every crash or collapse carries with it an equivalent market chance provided you are early educated and equipped. There is no doubt that the boom or collapse will make someone very wealthy.
I believe that there are techniques that may be implemented for significant gains regardless of the state of the economy or the market, but these executions are often made by investing professionals or advisors with expertise after the 2008 crash.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
@finestbearhug2951 I've been consulting with SALVATORE FORTUNATO SOFIA, a financial consultant whom I learned about and got in touch with thanks to a Kiyosaki radio interview she was featured on. Since then, she has served as the point of entry and departure for the equities/stocks we have emphasised. A search using her name on the internet can be done if tracking is necessary.
Very much appreciated. Curiously searched her full name on my browser and found her site top search, no bs.. 31 years of experience is certainly striking! She owes me a fiduciary duty to act in my best interests. I set up a call to use her services.
been studying trading for a couple of months now and the sentence "By the 18th 5min bar of the day there is a 90% chance the market has made its high or low" is the most useful thing I have heard. Knowing that just provides so much context and opportunity to get into better trades especially with added confluence. Thank you really glad I watched this and if I do invest in course it will be your one.
@@guyredares me too. Since Sobre o Discover brooks from Felippe Aranha here on Brazil my trades até 87% win with profits 3x1, 2x1 and rarely 1x1. And im only starting... some day im going to be Good at this!
Investing in the trades markets got me working lesser shifts still making good money , I also get to spend quality time with my family , I mean what more can a guy ask for
I am envious….I am a big fan of the stocks and forex markets too , it is lucrative Only challenge I am having is making profits for myself , this videos shows a lot but trading is just too overwhelming. If I may ask how do you go about your earnings in the markets ?
I have been in the markets a while now but I am no pro , while I try to learn on my own , I own a 6figure portfolio under a trades pro and market analyst Noud Mikan. He is responsible for my earnings in the markets , he is consistently making me more and more profits with his system and strategies
@@philcrowley007 I hope you two bozos are just scammers working for this guy. If not you’re naive at best, as for the first guy talking rubbish you’re a scumbag. I hope no one reads this and gives their money away. Trading is not like this at all guys
Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realize that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life
Very true, I started investing before the pandemic and that same year I pulled a profit of about $750k with no prior investing experience, basically all I was doing was seeking guidance from *ROCHELLE DUNGCA-SCHREIBER* who's a guru in the game, you can be passively involved with the aid of a professional.
It took me 3 years to stop trying to predict what's about to happen in the market based on charts studying because you never know. Please, i need the help of your Investment advisor.
*ROCHELLE DUNGCA-SCHREIBER* is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.
Great job Al. This is trading in its purest form. All these years since 2003 and everything is finally coming together plus finally enough trading capital and no more bill money.
Bruh I feel you , I started trying my hand at this since 2008, still haven't cracked it, went down the rabbit hole like everyone else . Listening to this one and that one, countless hours on forums and never had any consistent success.
Thanks for commenting, I will refer you to my Trade Analyst and accountant to make good income, go more on digital assets.. W..h...a..t...s ..a p..p +1 ...3...5...2...5...3...5...0...7...8...8
AL you are the godfather of trading I have all your books. Because of you I don't need any fancy indicators just the 20 EMA. Thanks for your contribution.
I'm so excited to hear from you again on No Nonsense Forex videos. Your presentations had been my major (as in 99.99%) resource in trading forex and other markets. My trading career has improved greatly because of the contents that you put out. May God bless you more. -from the Philippines.
Such organized, concise and timeless information. I've been using these techniques for years and they work..one of the few people on the Internet not teaching horse shit...lol. love ya Al. God bless you.
Al I keep coming back to listen to to the BO modes over and again coz you explain so many things between the lines but I’m burning it in my brain slowly
Thank you very much for taking the time to explain this. I have learned so much after I came across you on another interview. I have a very unique job that allows me to work and still listen to podcasts, videos and interviews about trading. I have had to keep digging through the superficial knowledge but eventually we can all find a goldmine. This has taken my understanding up to a whole next level for me. Your generous gift of knowledge is appreciated.
I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
@@devereauxjnr I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
@@Tsunaniis-j5l I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
@@MakeamericaGreatagain-h7j Sure. NICOLE DESIREE SIMON, a well-known person in her field, is my advisor. I got to know her through my wife. It's my wife that has her number, but you could further investigate her credentials and contact her yourself.
Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life, made $58,000 profit from trading last month regardless of how bad it gets on the economy.
Same here all thanks to miss Sonia Dixon. She has always been there to guide me through with detailed analysis and recommendations that I wouldn't have to otherwise.
Mrs Sonia Dixon was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Sonia Dixon.
the first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
@@muhammadtariqmehmoodkhan9706 2 years late but if anyone is curious, it is recommended you buy his 3 book series on trading trends, ranges and breakouts. That is all of the knowledge you need to trade, study that and then don't get in your own way. If you find the books too difficult, slow down, take your time or buy his video course lol
I don’t think Linda Raschke was a turtle trader. She did develop a strategy called Turtle Soup as a reference to the Richard Dennis trend following strategy. Linda got started as a floor trader at the Pacific Stock Exchange in San Francisco.
I always have an idea to trade like this, but can't quite put up a system and explanation so I'm scared to trade all the time, but man thank you for this, now I can put a reason and probability behind every trade.
As of 8-22-23, in the ES, the first 18 bar range was not crossed both up AND down 62.4% of the time over the last year (i.e., broke high and low of that range 95 days out of the year). Over the last 5 years, the high or low was in by bar 18 on 67.2% of days. Not quite 90%.
Question, Do you know which timeframe he is using? And When is he starting the day? He said 8:00 am is 90 mins into the trading day. HOW If he is in CAli the market have been opened 2.5 hours ago on the east coast, excluding premarket.
I don't think you backtested properly. He isn't saying it will go BOTH up and down beyond the opening range, only by the 18th candle, whatever direction it is EITHER above or below the starting range, is the direction it's likely to continue.
I find that for intraday forex trend trading most important relevant (Guide)trend direction is ON 15 minute, 1h and 4h charts only-- For intraday trading weekly & monthly trends do not matter much(too far removed from intraday field of activity) & can be ignored. For simplicity sake if 15 minute ,1h & 4h trends are in the same direction, you have a trade set up in the same direction (one could fine tune entry 0n 5 minute charts). In general if daily candle be in the same direction for any trade it is better but not A must.--Sir, what do you have to say?
Please recommend one best prop firm you would deal with now & WHY. In traders Prop Accounts is Hedging Allowed(firm names)? Also For Hedged positions Is any margin required after hedging is completed? For open hedged positions carried overnight how is daily loss limit calculated next day of trading?.
It's has been so difficult for me trading on my own because i have had much losses.Think the real market is manipulated, please can anyone help me out or tell me what I'm doing wrong.
@@deveshvaishnav1970 Hi Devesh, Do you sell OTM calls based on 90 min H/L confirmation candle? How do you take advantage of the fact that price is not going below level X or above level Y?
I don't trade in options.... I trade in nifty and bank nifty futures.... With 1:1 risk reward... And it's accuracy is more than 70%....so it works well for me...
@@deveshvaishnav1970 Thanks, would you be able to explain how you trade nifty and bnf with the help of 18 candle rule please? Something around the same can be worked out for options. Hope to hear from you...
Sir, I'm following you since some days, and read your TRADING RANGE BOOK up-to 200 pages, still reading, information given in the book is so practical, seriously looking like this is BREAKTHROUGH of my trading system, but I'm not getting why are you giving so importance to 18th bar, and if that is so important then plz tell me in which time frame you're taking it, 1 min or 5 min,, Thanks
I have a question Sir Brad. Is 1 gap breakout, out of a range, usually a trap? Meaning, I need 2 consecutive gaps, in order to believe that the BO trend is strong which allows me to trade in the trends direction? Thanks fam!!
The question I have is this: Are the bars made on 5 minute, 1 minute or other time frame charts? Very surprised there is no mention here, unless it is just that I did not hear
That is exactly what I was looking for. he forgot to mention THE most important part: What time frame is he using. The 18th bar, at what time frame?????
@@ExiledSpiritunderground If you want higher time frames, check out the first 12 hours of the FX week on Monday, take those breakouts, go for 1 to 1 R:R, week of April 4 - 8, 2022 good results
Hi, do these statistics work for all market sessions or are they based on The US session? Thankyou I feel like I’ve learned more in 23 minutes than three years of research
No it isn't...go study Elliot Wave Theory (subset) or general Wave Throry (superset). That will explain how chart patterns are more relevant....Price is always bouncing between a conduit....so find and draw that conduit. A wedge pattern between conduit boundaries is a trend continuation pattern (always!) A wedge pattern at a conduit boundary then is a trend reversal pattern (always). Once price breaks the conduit (the structure) jump timeframe to see the new bigger structure (conduit). Play with drawing chart patterns on higher timeframe then lower time frame to see the common sense of price bounces around in channels (conduits) Time frame has nothing to do with it...so principles (skills) apply universally to all timeframes once you learn basic.
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Mary Callahan Erdoes
ok this is gold! Thanks For the video. Can I add a suggestion? please alter the pitch of your voice and tone in between. Your soothing calm voice gives oit such valuable info, but is equally sleep inducing 😂 I am sorry I dont mean any disrespect. but I keep dozing off in between
Al Brooks is a gem. Watch these videos over & over- Take notes. Integrate the trading wisdom. And spread the word to all struggling traders. Thank you Al~😀🧡✝☦
Big facts
I've seen people build up to $800K during crises, and even pull it off easily in an adverse economy. Every crash or collapse carries with it an equivalent market chance provided you are early educated and equipped. There is no doubt that the boom or collapse will make someone very wealthy.
I believe that there are techniques that may be implemented for significant gains regardless of the state of the economy or the market, but these executions are often made by investing professionals or advisors with expertise after the 2008 crash.
The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.
@finestbearhug2951 I've been consulting with SALVATORE FORTUNATO SOFIA, a financial consultant whom I learned about and got in touch with thanks to a Kiyosaki radio interview she was featured on. Since then, she has served as the point of entry and departure for the equities/stocks we have emphasised. A search using her name on the internet can be done if tracking is necessary.
Very much appreciated. Curiously searched her full name on my browser and found her site top search, no bs.. 31 years of experience is certainly striking! She owes me a fiduciary duty to act in my best interests. I set up a call to use her services.
been studying trading for a couple of months now and the sentence "By the 18th 5min bar of the day there is a 90% chance the market has made its high or low" is the most useful thing I have heard. Knowing that just provides so much context and opportunity to get into better trades especially with added confluence. Thank you really glad I watched this and if I do invest in course it will be your one.
Utter bullshit, so after 2 hours that's it yeh lool
It is powerful, I know a professional trader that is making a very good living trading this way. How about you? how do you trade?
@@guyredares me too. Since Sobre o Discover brooks from Felippe Aranha here on Brazil my trades até 87% win with profits 3x1, 2x1 and rarely 1x1. And im only starting... some day im going to be Good at this!
@@daybuttons7541 that’s literally how most days go .... I just came up on this video and it’s facts so far
What instrument are you all trading where you find this 90% figure to be accurate ?
Investing in the trades markets got me working lesser shifts still making good money ,
I also get to spend quality time with my family , I mean what more can a guy ask for
I am envious….I am a big fan of the stocks and forex markets too , it is lucrative
Only challenge I am having is making profits for myself , this videos shows a lot but trading is just too overwhelming.
If I may ask how do you go about your earnings in the markets ?
I have been in the markets a while now but I am no pro , while I try to learn on my own , I own a 6figure portfolio under a trades pro and market analyst Noud Mikan.
He is responsible for my earnings in the markets , he is consistently making me more and more profits with his system and strategies
I am currently on a $10k investments plan , yielding nothing less than $17k - $25k in weekly profits and that’s from Stocks and forex alone
@@philcrowley007 I hope you two bozos are just scammers working for this guy. If not you’re naive at best, as for the first guy talking rubbish you’re a scumbag. I hope no one reads this and gives their money away.
Trading is not like this at all guys
Goddman BOTS
Thanks for this amazing information !! If you don't find a means of multiplying money, you will wake up one day to realize that the money you thought you had, has finished. Investment is key, I pray that anyone who reads this will be successful in life
Very true, I started investing before the pandemic and that same year I pulled a profit of about $750k with no prior investing experience, basically all I was doing was seeking guidance from *ROCHELLE DUNGCA-SCHREIBER* who's a guru in the game, you can be passively involved with the aid of a professional.
It took me 3 years to stop trying to predict what's about to happen in the market based on charts studying because you never know. Please, i need the help of your Investment advisor.
*ROCHELLE DUNGCA-SCHREIBER* is my portfolio-coach, I found her on Bloomberg where she was featured, I looked up her name on the internet. Fortunately I came across her site and reached out to her, you can verify her yourself.
I can't believe this information is free on RUclips! This is such a gem Man!
Great job Al. This is trading in its purest form. All these years since 2003 and everything is finally coming together plus finally enough trading capital and no more bill money.
that's awesome,,, hope ur trading is going well
Nice how is it going for you ?
Bruh I feel you , I started trying my hand at this since 2008, still haven't cracked it, went down the rabbit hole like everyone else . Listening to this one and that one, countless hours on forums and never had any consistent success.
10:20 is pure gold! write it down if you trade opens. No matter the timeframe.
This guy is definitely very bright being a doctor and trading for four decades really knows his craft
This one video is enough to become trader if somebody watches 20 to 25 times. Thank you for the content
Thanks for commenting, I will refer you to my Trade Analyst and accountant to make good income, go more on digital assets..
W..h...a..t...s ..a p..p
+1 ...3...5...2...5...3...5...0...7...8...8
what time frame you refer to when you say 18th bar
@@martinsonosolease7230 5M
AL Brooks is the best instructor of technical analysis.
AL you are the godfather of trading I have all your books. Because of you I don't need any fancy indicators just the 20 EMA. Thanks for your contribution.
This is by far the greatest and most informative video on the tube when it comes to trading.. specially day trading
I'm favoured, $60k every week! I can now give back to the locals in my community and also support God's work and the church. God bless America..
That's awesome
What source/platform did you use to earn such a large sum of money?
As I know it's possible, I'd appreciate it if you showed me how to do it.
It was with the help of Cassandra Roberts i am who i am today
I know I'm blessed if not I wouldn't have met someone who is as spectacular as Mrs Cassandra Roberts
I'm so excited to hear from you again on No Nonsense Forex videos. Your presentations had been my major (as in 99.99%) resource in trading forex and other markets. My trading career has improved greatly because of the contents that you put out. May God bless you more. -from the Philippines.
May God bless you ! 🙏
Al Brooks is the true gem.... This content can be the best advice ever you need to become a profitable trader... 👏
Such organized, concise and timeless information. I've been using these techniques for years and they work..one of the few people on the Internet not teaching horse shit...lol. love ya Al. God bless you.
Al I keep coming back to listen to to the BO modes over and again coz you explain so many things between the lines but I’m burning it in my brain slowly
Writing this comment to remind myself to periodically come back to this video. So much knowledge packed into a fast one hour :D
Wow! I need to watch this about a dozen times, amazing tips in there. Thank you!
Za ml
write those tips in notebook too :)
Thank you Al Brooks. I do not speak English, but your videos are changing my life! #SST Brazil
ja ta no lucro?
Awesome. Loved Brazil when I was there. Beautiful country, beautiful people.
é nós
You are the king of price actions man, God bless you
Thank you very much for taking the time to explain this. I have learned so much after I came across you on another interview.
I have a very unique job that allows me to work and still listen to podcasts, videos and interviews about trading. I have had to keep digging through the superficial knowledge but eventually we can all find a goldmine. This has taken my understanding up to a whole next level for me.
Your generous gift of knowledge is appreciated.
I have a 3 fund portfolio consisting of 33% S&P, 33% Total stock, and 33% international. I feel a need to focus on complete growth so I went 100% stocks, but does the SP500 and TSM overlap too much to make sense holding both? However I’ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don’t know if I should sell everything, sit and just wait but watching my portfolio of $450k dwindle away is such an eye -sore.
There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.
@@devereauxjnr I agree, that's the more reason I prefer my day to day investment decisions being guided by an advisor seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/analysis they have, it's near impossible to not out-perform, been using my advisor for over 2years+ and I've netted over 2.8million.
@@Tsunaniis-j5l I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your coach?
@@MakeamericaGreatagain-h7j Sure. NICOLE DESIREE SIMON, a well-known person in her field, is my advisor. I got to know her through my wife. It's my wife that has her number, but you could further investigate her credentials and contact her yourself.
@@Tsunaniis-j5l Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.
The timeframe is 5 minute chart. 18 bars = 90 minutes.
lol thank you for that info. the doc forgot that very important information.
Thank you for the content!! All we need is the right advice on how to invest in crypto and we will be set for life, made $58,000 profit from trading last month regardless of how bad it gets on the economy.
Same here all thanks to miss Sonia Dixon. She has always been there to guide me through with detailed analysis and recommendations that I wouldn't have to otherwise.
Mrs Sonia Dixon was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Sonia Dixon.
the first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional.
I'm favoured financially, Thank you Sonia Dixon. $32,000 weekly profit regardless of how bad it gets on the economy
She is my family's personal broker and also a personal broker in many families I'm United States, she's a licensed broker and a FINRA AGENT in United states
One of the best videos and explanations on price action i have ever heard ....wow Thanks Mr Brooks
your the guy who solved the markets ,wow!..........awesome stuff
greatest on the web.
Al thank you so much. I purchased your book!! Wow you are really training me!! I feel I am back in military learning learning basic training!!
Which Book my Friend, Al Brooks have written quite a few, if you mention name i'll be thankful.
You could have downloaded pdf for free
@@RisingWealthChannel why when you can support the author
@@RisingWealthChannel where
@@muhammadtariqmehmoodkhan9706 2 years late but if anyone is curious, it is recommended you buy his 3 book series on trading trends, ranges and breakouts. That is all of the knowledge you need to trade, study that and then don't get in your own way. If you find the books too difficult, slow down, take your time or buy his video course lol
Man this is golden information. Thank you sir.
This guy is just insane my mind is opening after watching his videos and reading his books... His concepts are so logical
Big facts he’s a serious player
5:33 If price breaks below 18-bar high or low, 90% chance of a trend day. (first 18 bars is a good breakout setup)
11:50 Double break & reverse
Do you know if the 18th bar is on the 5 minute candles??
@@anonymous3694 yes
I don’t think Linda Raschke was a turtle trader. She did develop a strategy called Turtle Soup as a reference to the Richard Dennis trend following strategy. Linda got started as a floor trader at the Pacific Stock Exchange in San Francisco.
I always have an idea to trade like this, but can't quite put up a system and explanation so I'm scared to trade all the time, but man thank you for this, now I can put a reason and probability behind every trade.
Amazing content, thank you. Priceless experience explained beautifully
Woow, excellent material you share here with us !! In my cse I watch them at least twice. I have your books but I prefer the videos here. Thanks !!
Al Brooks is the best tradig coach in the world.!!!
As of 8-22-23, in the ES, the first 18 bar range was not crossed both up AND down 62.4% of the time over the last year (i.e., broke high and low of that range 95 days out of the year). Over the last 5 years, the high or low was in by bar 18 on 67.2% of days. Not quite 90%.
Question, Do you know which timeframe he is using? And When is he starting the day? He said 8:00 am is 90 mins into the trading day. HOW If he is in CAli the market have been opened 2.5 hours ago on the east coast, excluding premarket.
@@squests3139 he is talking about 09:30 eastern time i believe
I don't think you backtested properly. He isn't saying it will go BOTH up and down beyond the opening range, only by the 18th candle, whatever direction it is EITHER above or below the starting range, is the direction it's likely to continue.
Great insight!!! Thank you for your time in sharing your knowledge!
Thanks for sharing! I am also in the learning phase of the NFC community.
Al Brooks is such a smart man.
Hope me, when you did anticipate all over market .
Your think based on price action I will salute you .
Hope I will have understand price action ...
By far the best video I have seen
Love from india today I have listen your strategy but I will follow your streagy.
The questions asked were superb actually
Mr. Brooks; you are amazing! Thank you !
Making money is the plan and with Bitcoin
Investmet your plans can be fulfilled
I think am blessed if not I wouldn't have
met someone who is as spectacular as
expert Albert Renshu
Wow am shocked someone
and recommended Albert Renshu
thought am the only one trading with
him.
he helped me recover
what I lost trying to trade for myself
l just made my first withdrawal today,
trading with expert Albert Renshu
All thanks to my aunty who introduced
him to me.
Estava verificando, realmente isso acontece nos mercados, muito obrigado por suas aulas, muita sabedoria e conteúdos importantes
Micro emini is also good option if you dont have 5000 in your account, 1/10th the size of a regular emini
You are blessing for traders god bless you Thankyou
Feel Blessed 🙏.... Godfather of trading.
Yes Absolutely
Amazing explanation and presentation. Thank you so much for sharing.
But when exactly is the start of the day? 9.30 EST? Midnight?
You are my anonther best mentor❤️❤️❤️ thank you for give us this knowladge sir
Hello Sir. Onestly, I got the best knoledge about trading from you. Thank you! Do you mean the first 18 bars beginning from New York time 8.00 am?
7:55 to 8:40 . All you need is in this timeframe as day trader or scalper.
What is the timeframe for the 18 bars and what timezone are these charts on?
what time frame are you using?
Do you use multitimeframe analysis or only 5min?
Amazing info so helpful!
I am trying to determine what time "the open" is in these examples? 0730EST? 0700EST? What time is the 18th bar?
6:30 a.m. PST or 9:30 a.m. EST.
@@dpk9993 thanks. I was confused because I didn’t realize Al is PST time.. many thanks!
thank you was thinking the same thought id try find it in the comments
What time frame is he talking about when he says there are 81 bars in trading session?
5min
5 min yes
I find that for intraday forex trend trading most important relevant (Guide)trend direction is ON 15 minute, 1h and 4h charts only-- For intraday trading weekly & monthly trends do not matter much(too far removed from intraday field of activity) & can be ignored. For simplicity sake if 15 minute ,1h & 4h trends are in the same direction, you have a trade set up in the same direction (one could fine tune entry 0n 5 minute charts). In general if daily candle be in the same direction for any trade it is better but not A must.--Sir, what do you have to say?
Mr. Brooks, are you essentially ignoring pre-market trading & price action, including high/low of the day? Thx
Please recommend one best prop firm you would deal with now & WHY. In traders Prop Accounts is Hedging Allowed(firm names)? Also For Hedged positions Is any margin required after hedging is completed? For open hedged positions carried overnight how is daily loss limit calculated next day of trading?.
It's has been so difficult for me trading on my own because i have had much losses.Think the real market is manipulated, please can anyone help me out or tell me what I'm doing wrong.
Trading the crypto market with expert mrs Annabelle has been a game changer for me
She's obviously the best I invested $2000 with her and in 9 days I made more than I expected.
Mam Annabelle is the one managing my trade for months now and I keep on making profit every week,
@janet6146She's always active on WhatsApp
+125
Thank you very much for the video,just want to ask about a candle timeframe is it one minute timeframe?
◼◽🔝⤴⤴◼◼
Awesome video, really good information here!!!
Amazing informative enlightening video, much appreciated!
i can't say how many times i've seen this video..AI the best!!!!!!
Thank you so much! This is amazing!
Does these statistics apply to a certain market or any market such as individual stocks?
Wow ! amazing price action training .Will this work in Indian Market , is there anyone who studied the strategy in Indian market ? Eager to know
Yes.,..it works well on nifty and Bank nifty... I've backtested it on both....it works really well...
@@deveshvaishnav1970 Thanks for your reply.
@@deveshvaishnav1970 Hi Devesh, Do you sell OTM calls based on 90 min H/L confirmation candle? How do you take advantage of the fact that price is not going below level X or above level Y?
I don't trade in options.... I trade in nifty and bank nifty futures.... With 1:1 risk reward... And it's accuracy is more than 70%....so it works well for me...
@@deveshvaishnav1970 Thanks, would you be able to explain how you trade nifty and bnf with the help of 18 candle rule please? Something around the same can be worked out for options. Hope to hear from you...
#SST Brazil
olá, dá uma conferida no meu canal, pode te ser útil, foco em Al Brooks. abraço.
É nós !! 👍
It seems like we are discounting the idea of gap fills on opening gaps? It that a reliable indicator?
I dont quite understand about the time frame Mr. Brook is using.
Is the count starting at regular market hours open at 9:30AM EST?
Sir, I'm following you since some days, and read your TRADING RANGE BOOK up-to 200 pages, still reading, information given in the book is so practical, seriously looking like this is BREAKTHROUGH of my trading system, but I'm not getting why are you giving so importance to 18th bar, and if that is so important then plz tell me in which time frame you're taking it, 1 min or 5 min,,
Thanks
always 5 min
yeah and we should not take a range trade for this 90% case. As, the trending days will totally ruin the gains.
How did you miss the time frame IF you watched the video?
It was OBVIOUS.
18th bar simply is 90 minutes into the session and when the probability of the Low or High being put in for the day is 90%
Excelente muy practico, 100% recomendado
I have a question Sir Brad. Is 1 gap breakout, out of a range, usually a trap? Meaning, I need 2 consecutive gaps, in order to believe that the BO trend is strong which allows me to trade in the trends direction? Thanks fam!!
The question I have is this: Are the bars made on 5 minute, 1 minute or other time frame charts? Very surprised there is no mention here, unless it is just that I did not hear
That is exactly what I was looking for. he forgot to mention THE most important part: What time frame is he using. The 18th bar, at what time frame?????
5 min candle
I think it's a 5 min candle because, in the beginning, he told that there are 80 candles through out the day.
Love Al Brooks!
what intraday timeframe is implied on these charts? If there are 80 bars in an 8 hour trading day, that would mean 6m chart? round to 5m each candle?
I am wondering the same thing.
Al trades e-mini S&P 500 RTH 9:30 - 4:15 EST (New York time). He lives in California somewhere so his charts are 3 hrs behind
the 18 bar thing is on the 5 minute chart he clearly says by 90 minutes into the trading day, so 5 min chartX18bars=90 minutes in.
Just remember 18 by 5-min bars = 90 minutes, so 90% chance in 90 minutes to make the daily high or low
Lol, had to do the Math to figure out which time frame he was talking about.
On the 1 hour chart, I'm like welll, that's HELPFUL ASF!
@@ExiledSpiritunderground If you want higher time frames, check out the first 12 hours of the FX week on Monday, take those breakouts, go for 1 to 1 R:R, week of April 4 - 8, 2022 good results
was wondering until check out the msg, thanks! now i know the 18th bar is in 5min TF. But it's asian session or NY opening? appreciate .... :)
Hi, do these statistics work for all market sessions or are they based on The US session? Thankyou I feel like I’ve learned more in 23 minutes than three years of research
Clearly an intelligent man.
a genius*
did MARA make mix shelf offering with the earningS?
I Love the way Oliver silences the critics, the cynics!
Much Love Oliver, from Ivan, Uganda - the Pearl of Africa🌍
Just a question are we talking about the 18th bar from 9.30 open or from the as a whole 6 pm open?
Just, the best! nothing more.
Thanks for sharing this wonderful lessons this helped me a lot to understand ❤️
This is absolute gold to any new trader...and even some not so new, that are still struggling. Does this also apply to stocks or just futures ?
No it isn't...go study Elliot Wave Theory (subset) or general Wave Throry (superset).
That will explain how chart patterns are more relevant....Price is always bouncing between a conduit....so find and draw that conduit.
A wedge pattern between conduit boundaries is a trend continuation pattern (always!)
A wedge pattern at a conduit boundary then is a trend reversal pattern (always).
Once price breaks the conduit (the structure) jump timeframe to see the new bigger structure (conduit).
Play with drawing chart patterns on higher timeframe then lower time frame to see the common sense of price bounces around in channels (conduits)
Time frame has nothing to do with it...so principles (skills) apply universally to all timeframes once you learn basic.
@@borntodoit8744 Hi, what books or other media do you recommend?
@@borntodoit8744 thank you, for valuable information
Is the 18th bar on the 5 minute candle??? Hard to tell
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong
I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Mary Callahan Erdoes
Wow I'm just shock you mentioned and recommended Expert Mrs Mary Callahan Erdoes ,I thought I'm the only trading with her
@@creswelleckstein9247You don't need to be shock because I'm also a huge beneficiary of Expert Mrs Mary Callahan Erdoes
Here in Canada Expert Mrs Mary Erdoes carries out the both orientation and mentorship
potentials
very nice information Al
Also do you pay any attention to fundamentals?
When he says the market opens, what market is he talking about? What time zone?
ok this is gold! Thanks For the video. Can I add a suggestion? please alter the pitch of your voice and tone in between. Your soothing calm voice gives oit such valuable info, but is equally sleep inducing 😂 I am sorry I dont mean any disrespect. but I keep dozing off in between
clear as mudd...