Here is an honest review of what the Al Brooks Trading Blog actually is, who it is for, and why it provokes either cult-like devotion or outright frustration. Al Brooks is a retired ophthalmologist turned day trader. His core thesis, disseminated via his blog and three seminal textbooks ( Reading Price Charts Bar by Bar ), is simple yet radical: You do not need indicators.
If you have ever visited the blog, you know the drill: screenshots of E-mini S&P 500 futures (primarily) covered in horizontal red, green, and yellow lines, with paragraphs of text breaking down every single bar into "buying pressure" or "selling pressure." al brooks trading blog
The blog is a relentless daily drill. It forces you to look at the market not as a story of hope or fear, but as a simple algorithm of buyers versus sellers. He is rarely wrong about what happened , and his analysis of why a breakout failed is usually flawless. Here is an honest review of what the
★★★★☆ (4/5) Deducting one star for the steep learning curve and the dated web design, but the content remains 24-karat gold for the price action purist. If you have ever visited the blog, you
No RSI. No MACD. No moving averages (except perhaps a 20-period exponential moving average as a reference). Brooks argues that all information—fear, greed, accumulation, distribution—is already in the price action. Specifically, he focuses on the close of every single bar (usually 5-minute bars on the E-mini S&P 500).
The truth is, he sees patterns you haven't trained your eyes to see yet.