Reading Price Charts Bar by Bar: The Technical Analysis of Price Action for the Serious Trader (Wiley Trading)
"This is not a book one can read. It is for study. One who studies this book is immediately faced with a challenge, visualize every phrase with what you have seen on a chart".
I was reading this in my hotel nights. Not suitable for the newbie, not a easy piece of trading study but it is the best book on price action I have read so far. There are many faults and repetitions and the writing is dry at best. Al Brooks is a serious man and he makes your effort to grasp his opus as big as possible, in order to increase your own effort!.. He is clever but also scholastic. He lucks one quality only : intuition. Trading is also intuition.
2 comments:
Hello Forexbird
Love your blog.
Wouldn't you agree that intution comes with thoughtful and meaningful screentime, chart-work and trading experience, and, as such, it's not as much as intuition but the result of countless hours of purpuseful practice?
Al Brook's book is a classic. His new (more detailed and allegedly easier-to-read) books are coming out in November.
All the best
msmith
It is really lovely to read a book and that too a classic one and that also on the favorite topic Forex trading, I personally don’t prefer to use too many indicators as at the moment I am doing scalping and it’s working perfectly all due to OctaFX broker’s low spread 0.2 pips, it is amazingly low as compare to some of the other companies that I wasted my time with, so my scalping can be done perfectly here without stress.
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