Guest Al Brooks from www.brookspriceaction.com tells us of his simple but effective use of chart patterns and why he does not use many indicators at all. He has a trading room and years of experience trading e-minis. Before we get into that interview though, Kevin Hoffmann and Andrew talk about the sites the use, what they read and all sorts of goodies for investors and traders.
About Al Brooks:
Al Brooks, MD, daytrades E-mini futures, stocks, and options for a living.
Although he considers myself to be a trading hermit, he enjoys sharing my ideas as a technical analysis contributor to Futures Magazine, as a presenter at in-person events and webinars, and in live market commentary and daily chart analysis updates. His first book, Reading Price Charts Bar By Bar, was a best seller for Wiley in 2009. Although authors of trading books make little money from the books, I personally loved trying to articulate what he sees and does every day. Wiley has now released his comprehensive, 540,000 word, three volume set:
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