Al Brooks
More books by Al Brooks…
“When trading countertrend against a strong trend, it is imperative to wait for the signal bar to close before placing your order, and then only enter on a stop at one tick beyond the bar in the direction of your trade (if you are buying, buy at one tick above the high of the prior bar on a stop).”
― Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader
― Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader
“Price action is far more important than any other information, and if you sacrifice some of what it is telling you to gain information from something else, you are likely making a bad decision.”
― Reading Price Charts Bar by Bar: The Technical Analysis of Price Action for the Serious Trader
― Reading Price Charts Bar by Bar: The Technical Analysis of Price Action for the Serious Trader
“Trends create a sense of certainty and urgency, and trading ranges leave traders feeling confused about where the market will go next.”
― Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader
― Trading Price Action Trends: Technical Analysis of Price Charts Bar by Bar for the Serious Trader
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