Folks here and elsewhere are uldn't care if you make enough money to buy a ice cream cone or buy a house. Thus, there's no brotherhood here or any where else. Quote from wrbtrader: If he's that bad, shouldn't you be encouraging others to learn his methods, apply his methods so that you can be on the other side of their trades. Hopefully you didn't pay a lot of money because it sucks to be this disgruntle in a career of trading that you chosen for yourself (seriously). Al sells books, get over it, don't read the stuff and move on to something else to complain about. The rest, well.they're traders stuck in that loop of complaining about the book writer, complaining about their broker, complaining about their charting program, complaining the market itself.stuck and fixated in that losing loop. Heck, I bet many can't understand why folks like NoDoji are able to take what they need from the method and make it work for themselves even though there are other parts of the method that doesn't make sense to that trader. Seriously, I think most folks can't handle learning and applying someone's else discretionary method. Therefore, if you know someone's method is not ease explain to me why you're not taking trades opposite of the method. Your priority should be to be profitable. Thus, there's no brotherhood here or any where else.įolks here and elsewhere are uldn't care if you make enough money to buy a ice cream cone or buy a house. More.If he's that bad, shouldn't you be encouraging others to learn his methods, apply his methods so that you can be on the other side of their trades. I think that Nodoji an advocate of the 20 ema, maybe you'll get a response there. Personally I think the use of an ema on a chart is distracting and of no value, so I don't use them, and therefore make no attempt to interpret bars in relation to an ema. You need to be clear what you are doing and avoid anything that may confuse. I did read a bit of his stuff from a pdf I have but the terminology was a problem, as you have pointed out, and I take the view that if what is stated isn't clear then its not of any use, because when you are trading you can't afford to falter over the meaning of this or that bar. I have a gut feeling that Al Brooks is making money just by selling books only - I feel the same about anyone who sells books, courses or software. The chart is from wiley website available for download to anyone even if you dont own the book. Simply impossible to follow someone who just makes things up as they go along. His entire book is filled with this crap. Ok, here is the problem, what he calls a M2S is simply a second push down off the EMA but guess what? Bar 9 was the 3rd push down! You would have been stopped out at the second push down. 'The one-bar selloff at the Bar 9 M2S (a Low 2 at the EMA) was followed by an inside bar signal bar, creating another Breakout Pullback short entry on Bar 10.'
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