He will teach you to see the market as a series of probabilities. He will teach you that every breakout has a 50% chance of failing. And he will annoy you by drawing ten lines on a chart where you only see noise.
★★★★☆ (4/5) Deducting one star for the steep learning curve and the dated web design, but the content remains 24-karat gold for the price action purist. al brooks trading blog
If you have ever visited the blog, you know the drill: screenshots of E-mini S&P 500 futures (primarily) covered in horizontal red, green, and yellow lines, with paragraphs of text breaking down every single bar into "buying pressure" or "selling pressure." He will teach you to see the market
If you survive the first 100 posts, you will never look at a candlestick chart the same way again. If you don't, you will join the chorus of traders complaining that "Al Brooks sees patterns that don't exist." ★★★★☆ (4/5) Deducting one star for the steep
In the noisy world of online trading education—filled with get-rich-quick webinars and lagging indicator "secrets"—the Al Brooks Trading Blog stands as an anomaly. It is dense, repetitive, visually overwhelming, and mathematically brutalist. For the uninitiated, it looks like a mess of scribbled lines. For the professional and the serious retail trader, it is one of the most valuable libraries of price action analysis on the internet.
For example, Brooks frequently discusses the "second leg up" or "second leg down." A bear trend might end, but he will warn that the "first leg up" is likely to fail, and that the real buy signal comes after a "higher low." This is logical, but in real time, distinguishing a "higher low" from a "bear flag" is incredibly difficult.