Trading Price Action Trading Ranges / Wiley Trading Series (PDF)

Praise for Trading Price Action Trading Ranges

"Al Brooks has written a book every day trader should read. On
all levels, he has kept trading simple, straightforward, and
approachable. By teaching traders that there are no rules, just
guidelines, he has allowed basic common sense to once again rule
how real traders should approach the market. This is a must-read
for any trader that wants to learn his 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 was a function of
focused energy. This mantra is proven by Al Brooks, who left a
thriving ophthalmology practice to become a day trader. Al's
intense focus on daily price action has made him a successful
trader. A born educator, Al also is generous with his time,
providing detailed explanations on how he views daily price action
and how other traders can implement his ideas with similar focus
and dedication. Al's book is no quick read, but an in-depth road
map on how he trades today's volatile markets, complete with
detailed strategies, real-life examples, and hard-knocks
advice."

--Ginger Szala, Publisher and Editorial Director, Futures
magazine

Over the course of his career, author Al Brooks, a technical
analysis contributor to Futures magazine and an independent
trader for twenty-five years, has found a way to capture consistent
profits regardless of market direction or economic climate. And
now, with his new three-book series--which focuses on how to
use price action to trade the markets--Brooks takes you step
by step through the entire process.

In order to put his methodology in perspective, Brooks examined
an essential array of price action basics and trends in the first
book of this series, Trading Price Action TRENDS. Now, in
this second book, Trading Price Action TRADING RANGES, he
provides important insights on trading ranges, breakouts, order
management, and the mathematics of trading.

Page by page, Brooks skillfully addresses how to spot and profit
from trading ranges--which most markets are in, most of the
time--using the technical analysis of price action. Along the
way, he touches on some of the most important aspects of this
approach, including trading breakouts, understanding support and
resistance, and making the most informed entry and exit decisions
possible. Throughout the book, Brooks focuses primarily on 5 minute
candle charts--all of which are created with
TradeStation--to illustrate basic principles, but also
discusses daily and weekly charts. And since he trades more than
just E-mini S&P 500 futures, Brooks also details how price
action can be used as the basis for trading stocks, forex, Treasury
Note futures, and options.