Thank you Doctor for what you are doing for the world. I am 40 years old man 15 years ago I was interduced to forex market but i stopped because I was not doing well but as I am watch your videos I begin to understand my past mistakes and I am considering returning to trading after proper eduction and training because I really love doing this but I didn't have access to any quality eduction or guidance.
great detailed video. Thanks for taking the time. The experience is noticeable. This video is not commercial is substantial core knowledge. Thank you Al.
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Mary Callahan Erdoes
you really need only the Always-in direction to take a trade, basically you can be in a trade at any time because the AI direction gives you the side of the market which has higher probability, of course, in trading ranges you should not buy at tops and sell at bottoms. AI direction works great after break outs or false moves where a second leg is likely to follow.
@@janwanderer7660 Thank you very much, your explanation is very helpful, although the concept (Always-in) is not very clear to me. An explanation would be very important to me! Thank you very much Jan Wanderer.
That made a lot of sense. I trade a lot on the five minute chart. I see a lot of patterns in how the five minute candles get formed in relation to time. I like to break the candles down into five segments while I’m watching them build. I am often able to make good entries and exits on the expectations I have from the candle formation patterns. Looking at who’s getting in and who’s getting out this way explains a lot of those patterns I see. Scalping like this really does look like good exercise to improve your trading skills. Thanks for making these videos
It's awesome to know that, with education from your training course and no doubt some assistance from a direct market access platform, and sufficient capital to achieve great returns, that profit with your program is achievable. 🙄🧐😊
Al, are you trading with LIFO? How are you able to get out on your second position first, and then your second position? If you are trading with LIFO, are your position sizes different from each other?
Very robust trades!! I remember you advising somewhere to not target scalping emini s&ps below 2 points. But here you are targeting 1 points. U were talking to beginners with the 2point target advice?
He said it in the video that most good traders would hold for more than 1 point. He is doing this for simplicity also he won't advise trading on 15s chart this is just to show that his concepts work on all timeframes
Kitaplariniza Türkçe olarak erişebilir miyim? Ayrıca Türkçe dil destekli eğitiminiz var mı? Hiç bir yerde Price action bilgisi bulamadım yardım ederseniz sevinirim
This only works while trading along with 5 min and 15 min chart sma levels. Great for entry's then use mental stop loss if it flups on you right away. Much discipline required.
Thanks Al for the very nice educational video! In one of books (2008), you advised not to trade lower than 5 min chart. Has this position been revisited? What is the real edge in trading a 15 sec chart? (chart reading and precision order placing?). Many thanks in advance.
he said that you are advised not to trade lower than 5 min chart because of human limitations, that is, so its advised for the majority to keep your limit at 5 min, and if you are a genius, 3 min he said, so, bcs Al Brooks is a genius himself and the method creator himself trading for decades, he has enough experience to do that, but he doesnt like to trade on 15 secs trading chart, bcs according to him, he doesnt enjoy trading on those conditions, but he can do it, so he usually trade on 5 min because is enjoayble, and thats what he recommends.
Day trading ES and NQ minis using candlesticks vis MACD, RSI etc and considering upgrading my TradingView account to Premium in order to obtain the shorter time frames i.e. 30 seconds, 15 seconds, etc. Any difference in obtaining better or faster buy/sell signals? What are your thoughts? Anyone? TYVMIA😀
To take the smartest trading wisdom one could ever get: don't trade against the prevailing trend/momentum. This man is violating that basic rule using a demo account. It is great that he got winners but those trades had a higher probability of being absolute tragedies.
but during all this... where's the stops to get out if it goes hard against you? Works great... until you're wrong and it keeps going in the other direction and you lose a fortune in a single trade because of these wide stops you're giving for tiny profits each time. he says 3 pts for the stop, well it can easily go 5-10 pts back and then resume trend. You keep pulling the stop back, and it could keep going. This scaling in notion sounds great in principle, in practice you can get annihilated in a single trade with bad management.
I imagine it would be difficult in a matter of seconds. It's already difficult in the 1 minute range when I make an entry in the 15 minute chart. It's damn difficult to maneuver yourself into a good position. Hats off to them. You can't determine the reversal exactly, I noticed that after many losses, or I wasn't able to withstand the pressure. This is old school at its finest. In my opinion, everyone should first experience the market noise for a while, all at once, in order to become at least a little more aware. I ran it like this for 2 years. I can say that I have the confidence to trade like this. After 2 - 3 years. And I'm still at the very beginning. I keep seeing that I make mistakes, even after such a long time. It's unbelievable what's required of you if you want to become profitable. I still take it in stride today and see it as a hobby. Very wise words. Thanks for the video.
price is fractal so it behaves the same in all time frames just quicker in some and slower in others focusing on market structure along side price action is key
It's unfortunate that this channel has so little popularity compared to the people ripping him off word for word with 200k subscribers with click bait thumbnails.
I thought 5 minutes chart is considered scalping or day trading. Swing trading isn’t about higher time frames? Got confused cause this guy took everything on much shorter time frames. He is AI Brooks not AL
80% winning percentage on a strategy that risks 3 to make 1 (so randomly 75% chance to win) is not too bad, but you also lower your stop and add to the position, which makes the randomness odds a bit better. I don't like futures though, if you get in and hesitate to put in a stop loss right before the president tweets or something similar you might end up accidentally losing all you have, haha.
The problem with all these indicators, techniques, and analysis is this: You can't apply this when the market gets manipulated. Lately, it's been very bad out there.
GOD loves you enough to send HIS only SON to save you and if you repent and turn from your sins and be baptized in THE NAME OF THE FATHER, THE SON and THE HOLY SPIRIT. ((if you haven't )
The profits each day you should be making after all these years of knowledge and experience must be atleast 100 times of what you made Today, even a garbage man in the US would make atleast half of the money you did working one single day.
Scalping is for more experienced traders actually, since it’s so fast getting a good entry and knowing good setups + other things is hard for beginners to do. I know a lot scalpers including myself who have had good success with their own scalping strategies.
@@eduardoflores7079 lol it's nothing technical about scalping. A 3 year old can look at a stock going one way and try to get in and out imn2 seconds. All you doing is guessing hoping thr stock continue to go that way. And most of you end up getting fucked. Real technical analysis is when you can catch a stock at the very bottom and ride it up to its highest point and exit clean. Or catch it at the very top and ride it down the exit clean. What you do ain't shit
@@mda0214 I scalp lol. I profit consistently. Is this not good? Think what you want but being wrong is just a part of life. welcome to reality. PS, scalpers can trade more market conditions than swing traders. Good luck trying to swing trade a small trading range. Reading price action is key
Thank you Doctor for what you are doing for the world. I am 40 years old man 15 years ago I was interduced to forex market but i stopped because I was not doing well but as I am watch your videos I begin to understand my past mistakes and I am considering returning to trading after proper eduction and training because I really love doing this but I didn't have access to any quality eduction or guidance.
This is absolutely legendary to trade 15seconds chart
This Guy is really humble. Thanks a lot. Best Price Action.
Father of emini market ❣️
You're a genius at it. I've never seen a person scalp on a 15-second chart.
Try watching someone scalp on the DOM aka price ladder-- it isn't based on time but the market as is. You might like what you see!
Al is the King.
great detailed video. Thanks for taking the time. The experience is noticeable. This video is not commercial is substantial core knowledge. Thank you Al.
I have read your 4 books 4 times. Your are the best man. A lot of respect for you
Wow, that is Great!
Are you profitable?
@@LoganAddisMusic Just take massive action, the only solution
Man I love this! I can trade all day!
As always super-interesting & exciting!! Thx for sharing from your enormous database of knowledge...
Thank you Mr Brooks. Its amazing how even in a sideways moving market although for short time one can make good profits
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN...I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED... CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong
I strongly advise you against self trading, it's really dangerous and had brought so many investors down, you need someone with the knowledge and strategies, someone dedicated to the crypto currency market business, and I will strongly recommend expert, Mrs Mary Callahan Erdoes
Wow I'm just shock you mentioned and recommended Expert Mrs Mary Callahan Erdoes ,I thought I'm the only trading with her
@@valerieballs4632You don't need to be shock because I'm also a huge beneficiary of Expert Mrs Mary Callahan Erdoes
Here in Canada Expert Mrs Mary Erdoes carries out the both orientation and mentorship
potentials
Mr. Al Brooks in his first book says that you need two reasons to take a trader. The question is: is one reason enough for scalping? Thanks
you really need only the Always-in direction to take a trade, basically you can be in a trade at any time because the AI direction gives you the side of the market which has higher probability, of course, in trading ranges you should not buy at tops and sell at bottoms. AI direction works great after break outs or false moves where a second leg is likely to follow.
@@janwanderer7660 Thank you very much, your explanation is very helpful, although the concept (Always-in) is not very clear to me. An explanation would be very important to me! Thank you very much Jan Wanderer.
Thanks Mr Brook = you are producing some great content and your level of understanding is phenomenal. All the best
I loved this guy in Blazing SAddles
That made a lot of sense. I trade a lot on the five minute chart. I see a lot of patterns in how the five minute candles get formed in relation to time. I like to break the candles down into five segments while I’m watching them build. I am often able to make good entries and exits on the expectations I have from the candle formation patterns. Looking at who’s getting in and who’s getting out this way explains a lot of those patterns I see. Scalping like this really does look like good exercise to improve your trading skills. Thanks for making these videos
Thanks Al, very informative as always!
VERY USEFULL , MANY THANKS AL. B RGDS
It's awesome to know that, with education from your training course and no doubt some assistance from a direct market access platform, and sufficient capital to achieve great returns, that profit with your program is achievable. 🙄🧐😊
Al, are you trading with LIFO? How are you able to get out on your second position first, and then your second position? If you are trading with LIFO, are your position sizes different from each other?
Excellent commentary.... great content!
Thanks a Million for the video.
Albrooks where are your teaching price action session
Awesome.. take a 1hr voucher to interact with above number☝️
Very robust trades!! I remember you advising somewhere to not target scalping emini s&ps below 2 points. But here you are targeting 1 points. U were talking to beginners with the 2point target advice?
He said it in the video that most good traders would hold for more than 1 point. He is doing this for simplicity also he won't advise trading on 15s chart this is just to show that his concepts work on all timeframes
YOU ARE AWESOME, THANKS A MILLION AL!!!! KEEP UP THE GREAT CONTENT! BEST REGARDS
Kitaplariniza Türkçe olarak erişebilir miyim? Ayrıca Türkçe dil destekli eğitiminiz var mı? Hiç bir yerde Price action bilgisi bulamadım yardım ederseniz sevinirim
i have a question. does price action concepts work on the vix
I wonder too, I trade Deriv synthetic indices, has anyone used these strategies on the indices market for Deriv and which time frames please
How can you setup alert in this situation. Can you use MA alerts?
Was waiting for this. Thanks Al.
I don't really understand. Are these trades real or simulated? Can anyone answer this? Thanks.
Simulated but can as well be real since the price is live
This only works while trading along with 5 min and 15 min chart sma levels. Great for entry's then use mental stop loss if it flups on you right away. Much discipline required.
Do you use hot keys ?
Amazing!!!
Thanks Al for the very nice educational video! In one of books (2008), you advised not to trade lower than 5 min chart. Has this position been revisited? What is the real edge in trading a 15 sec chart? (chart reading and precision order placing?). Many thanks in advance.
he said that you are advised not to trade lower than 5 min chart because of human limitations, that is, so its advised for the majority to keep your limit at 5 min, and if you are a genius, 3 min he said, so, bcs Al Brooks is a genius himself and the method creator himself trading for decades, he has enough experience to do that, but he doesnt like to trade on 15 secs trading chart, bcs according to him, he doesnt enjoy trading on those conditions, but he can do it, so he usually trade on 5 min because is enjoayble, and thats what he recommends.
if he used 5min this would have been long video
Does al use level 2
Can you short eMini ?
Day trading ES and NQ minis using candlesticks vis MACD, RSI etc and considering upgrading my TradingView account to Premium in order to obtain the shorter time frames i.e. 30 seconds, 15 seconds, etc. Any difference in obtaining better or faster buy/sell signals? What are your thoughts? Anyone? TYVMIA😀
Awesome Al. Thanks!
To take the smartest trading wisdom one could ever get: don't trade against the prevailing trend/momentum. This man is violating that basic rule using a demo account. It is great that he got winners but those trades had a higher probability of being absolute tragedies.
Yada TH-cam mevcut videolarınızı türkce destekli yapabilir misiniz?
but during all this... where's the stops to get out if it goes hard against you? Works great... until you're wrong and it keeps going in the other direction and you lose a fortune in a single trade because of these wide stops you're giving for tiny profits each time. he says 3 pts for the stop, well it can easily go 5-10 pts back and then resume trend. You keep pulling the stop back, and it could keep going. This scaling in notion sounds great in principle, in practice you can get annihilated in a single trade with bad management.
I imagine it would be difficult in a matter of seconds. It's already difficult in the 1 minute range when I make an entry in the 15 minute chart. It's damn difficult to maneuver yourself into a good position. Hats off to them. You can't determine the reversal exactly, I noticed that after many losses, or I wasn't able to withstand the pressure. This is old school at its finest. In my opinion, everyone should first experience the market noise for a while, all at once, in order to become at least a little more aware. I ran it like this for 2 years. I can say that I have the confidence to trade like this. After 2 - 3 years. And I'm still at the very beginning. I keep seeing that I make mistakes, even after such a long time. It's unbelievable what's required of you if you want to become profitable. I still take it in stride today and see it as a hobby. Very wise words. Thanks for the video.
price is fractal so it behaves the same in all time frames just quicker in some and slower in others focusing on market structure along side price action is key
What is your broker
fantastic Al!
Hi I've been testing ES and NQ. Do you think $400 risk for $200 profit is ok?
Are you kidding? thats a 1:2 bro
It's unfortunate that this channel has so little popularity compared to the people ripping him off word for word with 200k subscribers with click bait thumbnails.
Suas aulas são traduzida para o português?
nÃO CONSIGUI !
@@evertonsabino7657 vai em legendas fio, na primeira põe para inglês, na segunda vez vai em legendas e traduzir automaticamente e depois escolhe pt
Não consegui
And why not SWING trading on a 15 SECONDS chart ?
Amazing ! This is so insightful ! Thanks Al.
Thanks for the time, You are truly the best
Also thanks for the courses on Instagram 🙏🎊
Thank you it is very good training video
Dr.Brooks 🎉🎉
sir jo ye scalping ka 3 series ko hindi dubbed kar do na english to hindi translation please
Great guide!
I am really confused. It is an obvious bull trend, why not buy more contracts at the bottom and hold it. When scalping, it can only earn 2 hundreds.
His brother Mel has approved this sim
I thought 5 minutes chart is considered scalping or day trading. Swing trading isn’t about higher time frames?
Got confused cause this guy took everything on much shorter time frames. He is AI Brooks not AL
I did my best to follow your scalping strategy on Trade station.... but I lost money trading it...
Youre best trader❤👌
Thank you very much!
80% winning percentage on a strategy that risks 3 to make 1 (so randomly 75% chance to win) is not too bad, but you also lower your stop and add to the position, which makes the randomness odds a bit better. I don't like futures though, if you get in and hesitate to put in a stop loss right before the president tweets or something similar you might end up accidentally losing all you have, haha.
Al rarely lets his full stop get hit, mostly able to exit before.
15sec trading against HFT!!!
good day Sir
Thank you
🧡💛💚💙 Risking 3 units to make 1. 👎
Obrigado
This guy does not trade for a living.
Muito bom todos trader os do Brasil já ouviu falar do senhor Mito do mercado mundial grande Abraço.
Brooks, você é o melhor.
15 second chart. Skydiving is more relaxing. Just found out it's a demo account
no shit ! if i were making money every 15 seconds, i wouldn't be making a youtube video about it !
@@Brownismyname kind of incredible. I'm starting to come around to his point of view, though. "The markets are rational.' Still figuring that out
@@pikiwiki they are. so much so they will rip you a new one daily.
thanks
🇧🇷😷 very good to your classes the scalp
You need a trade ladder and proper platform to trade like this don't you? Spreadbetting account lacks features
dr.Brooks adopts me
The problem with all these indicators, techniques, and analysis is this: You can't apply this when the market gets manipulated. Lately, it's been very bad out there.
Great
BEST
I5 second😂😂
Competing with the bots.
@@Brownismyname ooh
@@Brownismyname people like him definitely can because of their expeience.
HF Trader kkkkk
It says "simulated acct" bottom left of your screen...
He said it's a simulated account
Congratulations, you played yourself
aL why are you such a handsome SOB?
Al Brooks é um prazer em conhecer você. Poderia colocar seus videos em tradução para Português Brasil?
legendas
TY.
/
BRAZIL
👍🏻👍🏻
GOD loves you enough to send HIS only SON to save you and if you repent and turn from your sins and be baptized in THE NAME OF THE FATHER, THE SON and THE HOLY SPIRIT. ((if you haven't )
its very easy to trade sim, no pressure, and the fills are better
this is bs
@@paranoidgamer6660 the best he can do is an after the fact vid on a sim ?
I could do the same thing and would prob be much more impressive,
@@paranoidgamer6660 you not a shill am ya ?
you forget he is running a trading room for years with real time analysis, no doubt he knows his stuff.
@@janwanderer7660 no doubt he cant trade for real and HAS to run a room. keep talking, ill explain the whole scam
This is what you call Gambling, I would never advise trading real money like this
Sharingan!
The profits each day you should be making after all these years of knowledge and experience must be atleast 100 times of what you made Today, even a garbage man in the US would make atleast half of the money you did working one single day.
Que decepção. Riso retorno negativo e simulador.
Tá faltando dinheiro no caixa, tem que inventar qualquer coisa pra poder vender cursos e livros
@@tarcisioallyson2821 bem isso hehe
scalping is the worst strategy ever. its for people who dont know how to analysis. if you look up scalping, you would see the synonym is "guessing"
Scalping is for more experienced traders actually, since it’s so fast getting a good entry and knowing good setups + other things is hard for beginners to do. I know a lot scalpers including myself who have had good success with their own scalping strategies.
@@eduardoflores7079 lol it's nothing technical about scalping. A 3 year old can look at a stock going one way and try to get in and out imn2 seconds. All you doing is guessing hoping thr stock continue to go that way. And most of you end up getting fucked. Real technical analysis is when you can catch a stock at the very bottom and ride it up to its highest point and exit clean. Or catch it at the very top and ride it down the exit clean. What you do ain't shit
@@mda0214 ignorance isn't a good look Mda0214. A wise man doesn't say things like "what you do ain't shit" Basically rekt yourself
@@TheQuesoJC scalping isn't good no matter what you say
@@mda0214 I scalp lol. I profit consistently. Is this not good? Think what you want but being wrong is just a part of life. welcome to reality.
PS, scalpers can trade more market conditions than swing traders. Good luck trying to swing trade a small trading range. Reading price action is key
thank you.