Praise for Trading Price Action Trading Ranges:
“Al Brooks has written a book every day trader should read. He keeps trading simple, straightforward, and approachable. By teaching that there are no strict rules, just guidelines, he allows common sense to guide real traders in the market. This is a must-read for any trader looking to find their own path to success.”
―Noble DraKoln, founder, SpeculatorAcademy.com, and author of Trade Like a Pro and Winning the Trading Game
“A great trader once told me that success is a function of focused energy. This is proven by Al Brooks, who left a thriving ophthalmology practice to become a day trader. His intense focus on daily price action has made him successful. A born educator, Al generously shares detailed explanations on his approach to daily price action and how other traders can apply his ideas with similar dedication. His book is no quick read, but an in-depth roadmap on trading today’s volatile markets, complete with strategies, real-life examples, and practical advice.”
―Ginger Szala, Publisher and Editorial Director, Futures magazine
Throughout his career, Al Brooks, a technical analysis contributor to Futures magazine and an independent trader for twenty-five years, has consistently captured profits regardless of market direction or economic climate. In his new three-book series on using price action to trade the markets, Brooks guides readers step by step through the process. The first book, Trading Price Action TRENDS, covers essential price action basics and trends. Now, in the second book, Trading Price Action TRADING RANGES, Brooks offers insights on trading ranges, breakouts, order management, and the mathematics of trading. He addresses how to spot and profit from trading ranges—common in most markets—using price action technical analysis.
Brooks covers critical aspects of this approach, including trading breakouts, understanding support and resistance, and making informed entry and exit decisions. He primarily uses 5-minute candle charts, created with TradeStation, to illustrate basic principles, while also discussing daily and weekly charts. Beyond E-mini S&P 500 futures, Brooks explains how price action can be applied to trading stocks, forex, Treasury Note futures, and options.