WILEY Trading Price Action Trading Ranges – Technical Analysis of Price Charts Bar by Bar for the Serious Trader

This incredible trilogy (Trends, Ranges, Reversals) is a must for any price action S&P trader!! It’s in the podium along with Bob Volmans’ book (more FX oriented). These 3 books are a price action masterpiece. Very specialized in the E-mini 5 m chart, which is ideal for a day trader or scalper. Once you have read the classic basic books which are for free on the internet (candlestick patterns, support, resistance, trendlines, supply-demand zones, etc..), then these 3 books are highly recommended. Even though there are some little mistakes in these 3 books they still deserve 5 stars. If you understand the concepts, nothing bothering. Perhaps traders who reviewed them before publishing were a bit distracted. If you are a beginner, it might be difficult to get all the contents at once. In my opinion, it shouldn’t be the first book you read in this field. For me the 3 books are perfect. Just one thing is missing from my point of view: more graphical analysis (where to place the entries, SL and exits), as trading is more graphical than literary. The most important aspect of the books is that Al teaches you to understand what’s happening in the market, and then, you decide where you place your stops, exits or entries. As in trading nobody has “The Truth”, the book’s written in a way that it’ll make you understand that every trader is unique, but the market’s the same for all. He teaches you; how two different traders can be winners at the same time, in opposite directions whether you are a bull or a bear. Both understand the market, both see clearly its structure and even taking opposite trades, they can be both winners, depending on their risk management, chart speed, etc. The most important thing to keep in mind is that: HE TEACHES YOU TO UNDERSTAND HOW MARKET MOVES. Besides Volman’s book (FX), I’ve never read something similar. I’m giving 5 stars, even if I was expecting at least 200 charts graphically analyzed rather than explained. If you have persistence and time, these 3 books ARE A MUST!!

The Trading Price Action series comprises of three books, which is the way the publisher decided to divide the author's work, and the three books must be read in sequence as they build upon each other. The author suggests, and I agree, that multiple readings are necessary to fully digest the material. The three books together are easily the most comprehensive guide to how markets actually work and how to trade them.

Al Brooks is different. He will teach you like dad pointing to the birds in the yard. I ended up getting his online academy service to augment the book. Now I don't read because there are 100s of videos of his. I am trying to go back to reading (better processing for the brain). Aside from Trading Trends in Stocks by Magee (classic that Brooks recommends), his work is the only stuff you need to succeed in trading. It's a second language, basically. Get your processing speed up.

Al Brooks é um dos maiores traders de price action e consegue passar seu conhecimento nesse livro. Recomendo pra traders intermediarios e avacados.

Trading Price Action.....,"Trading Ranges" "Trends" "Reversals" "Reading Price Charts Bar by Bar" i.e. all of AL Brooks Price action books to me form a gold standard for Price action. First thing first. If you want to master the material in his books you "must" get the "Brooks Trading Course! It saves so much time and divulges high level information that is not found in the books or at least not emphasized. His style is not is not one strategy. It's a comprehensive methodology of reading Price action. He asks the question "What can markets do?" And pretty much tries to show exactly that over a long period of time in his materials. Some of the concepts that I find helpful.....the market cycle--the concept that a trend starts with a breakout then becomes a channel( a weaker 2 sided trend), and then evolves into a trading range......the break of a trend line--the concept that you need to see a break of a major trend line and then to see the trends high be tested before going countertrend. A basic tenet that many Price action teachers leave out. His use of gaps is powerful and his use of measured moves is something all traders should be familiar with. He's an breakout enthusiast and advocates "scaling in" or adding to losing positions if the context is right. I don't really like to "scale in" because of the added risk. And in general the style advocates probability over risk/reward and states that high probability comes with higher risk and low risk comes with lower probability but higher reward. It does admit that both approaches are valid. While the methodology is comprehensive I "personally" think it should not be a stopping point in one's trading education. Rather for me it has allowed me to go from totally new to having a strong foundation. I have to admit that I have not yet found consistent profitability. I am still on that journey. And I like other conceptualists like Adam Grimes and Michael Huddleston aka "The Inner Circle Trader". There are others for me! It's easier for me to approach other methods after studying AL Brooks because his method is so detailed and comprehensive. Yes for me it's a gold standard and forms a bulwark against the trading unknown......