A pragmatic manual for capitalizing on institutional trading trends
Success in trading hinges on discovering a reliable system and adhering to it steadfastly. Al Brooks, the author, has achieved precisely that. By streamlining his trading approach and focusing exclusively on 5-minute price charts, he has devised a method to generate profits irrespective of market conditions or economic climates. While his initial book, “Reading Price Charts Bar by Bar,” provided an insightful overview of his system, it didn’t delve into the intricacies of his approach. With this new series of books, Brooks guides readers through the entire process step by step. Breaking down his trading system into its simplest components—institutional piggybacking or trend trading (the subject of this specific book in the series), trading ranges, and transitions or reversals—this three-book series offers access to Brooks’ successful methodology.
“Price Action Trends Bar by Bar” meticulously outlines what individual bars and combinations thereof can reveal to a trader about institutional behavior. This is paramount because the key to profiting in trading lies in piggybacking on institutions, a feat unattainable without comprehending what the charts signify regarding their actions. This book enables readers to discern the unfolding trend type, empowering them to utilize techniques tailored to each trend to execute well-placed trades. For those seeking to optimize their time in today’s markets, the invaluable trading insights contained in “Price Action Trends Bar by Bar” will undoubtedly facilitate the achievement of this objective.
