want to acquaint yourself with his methods before deciding if you want to buy it, take a look at these forum threads. While information on candlestick patterns is easily found online for free, they are loosely organized and hardly comprehensive. However, it is one of the best for picking up price pattern tools that will help you trade profitably. What I dont like about it There are no practical examples on how traders can use this knowledge to profit in the markets. What I dont like about it Its wordy and may require you to re-read a paragraph a few times to understand what hes trying to say. What I dont like about it It can be a little overwhelming for those who have no prior knowledge of statistics. Anyone who is a trader, in particular, proprietary traders. However, if you are serious about learning price action trading, you will definitely find value here.
As you read this book over again, youll learn new things that didnt occur to you before (well at least thats how I felt). Using solid market data and statistics, it presents: Chart patterns identification guidelines Success and failure rates in both bull and bear markets Optimal accompanying volume patterns Trading methods (including exits) Characteristics of failed patterns While this book does not prescribe an exact trading strategy,. But if you dont trade stocks, then this book isnt relevant to you. But if youre looking for specific trading strategies and techniques, then this book isnt for you because its more of a biography than a how-to book. What I dont like about it Theres no exact strategy to get you started and you must dig further from other sources/books. So, what you can do is go down to your nearest library and borrow these books. You can download it here for free). And this book reveals the story behind it, what they did, and the trading strategy they used. Price action trading originated from the Dow Theory, and traders have discussed various price action trading techniques long before Al Brooks books.
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