Fluchtplan

its possible that he a poor trader. but then one look at any professional sport (nfl, nba, mlb, nhl etc) and one can see not all coaches were great players.

 

as an educator, hes okay. there are many who have +ve opinions on his take on price action. like with most approaches to trading, its not for everybody.

 

 

 

 

 

That's correct. I think everyone has to find their own style for themselves. If you have managed to do that and you are still profitable with it, everything is great.

I would be really interested to know if someone is making money here with their knowledge.

Best regards

I had watched pretty much everything I could find by Al Brooks a few years ago. I also read his first book. I got the other books too, but just started reading them. At the time, I thought to myself that someone who trades for so long must have it right. I really tried to trade it exactly like him. It does not work.

He posts a chart of where the entries are after each trading day. Tried to copy that too. Doesn't work. There is a lot of criticism towards him. First of all, at the end of the day, every dick can say where the perfect entry points are.

Live trading for $100 a month is not real live trading. No entry points are discussed there. you can't see where he makes his entrances. Sometimes he said that his could be a good entry... He only acts as a moderator. That's it. There is also not a single piece of evidence that he trades life at all. It was asked many times but never showed a live account.

Al Brooks is so well known on YouTube that at least 10,000 people are sure to have bought his course for $500. I value that as the absolute minimum. There are definitely many more.

If he's really a good trader, why doesn't he trade with his live account for his live trading group for $100 a month? Why is all this hidden? It would even be enough if he opens a $10000 account and trades with it. But he will never do it. I actually suspect that he is not a trader and is just putting on a show to make money selling his courses and many others suspect the same thing. If he's really that good, I would just do it like Raja Banks and many others on Youtube. They show their trades.

https://www.elitetrader.com/et/threads/al-brooks-al-crooks-charlatan.294067/

The problem is that almost all indicators are lagging indicators and show what is really happening on the chart too late. For me as an intraday trader this is simply nothing. When I started trading I thought I just need to find the right indicators to be profitable in trading... I only became profitable after reading the bare chart. Over time you will understand why the price is now going up or down. If indicators work for you, great. There are millions of ways to make money trading

When I saw so many indicators on the chart, I knew right away that he doesn't make money from trading but from selling his courses. There are so many indicators that you can no longer see the price and the candles.

Just start watching from minute 55. Then you know what I'm talking about

I started just like you. First of all, I had bought the book by John Murphy. After that many more books only to find out that it doesn't help at all. Every single book by Steve Nison is worthless. The market just doesn't work that way. For example, if a pin bar forms, then the retail trader will go long and the bank will go short. This is why all Candlesticks patterns have a 50% chance to work out. You might as well flip a coin.

What I learned from all of this is that you have to trade the price. That's it. You are doing exactly what the banks do.

Just trade the price

Seriously now folks. Who wants to look at something where the candlesticks are explained. He brings out a new book every year to make some money. I can't believe he's making money from this. You simply cannot trade a candle or a candle pattern without context.

Anything he teaches is only for people who are losing money in the market. He himself can never use his knowledge in the market because the market just doesn't work that way.

@logicgate

Is it worth looking at? What is your opinion on the system?

Neil doesn't trade the way he teaches people to trade. He showed that very clearly when he won the challenge. As so often, it's about a lot of money that you can earn by selling the courses. Watch the video. Everything is explained nicely there

hXXps://www.youtube.com/watch?v=uu_g-OsNVkk

I had the course and deleted it straight away. This has nothing to do with trading at all. He goes into a lot of macroeconomics. He studied that. For me it would be a miracle if someone manages to earn money with his material.

Review : skip this course, just another piece of sh*t.

​​​​​using Quasimodo level to make money and explain it in complicated way.

we can find and learn it free on google

Yes I deleted it too after watching some videos. It`s not worth the time.

https://mega.nz/folder/2kZgSYpK#JpIMyjKRc-wGPalc18AahA

Thank you very much

Here is a review of him:

Raphael Palmdale, A Scam Artist, Genius Trading Masterclass, A Scam Course

https://www.forexpeacearmy.com/commu...-course.66101/

Best Regards

You can find the course here: https://t.me/tradingvideoz

Thank you very much

 

 

 

@Fluchtplan : thanks, your post appeared just now even though it was posted long back.. Strange

 

What lower tf should I use with M15 to refine entries.. I like M5/M1 as it presents a lot of opportunities. I only take entries in direction of trend to be on safe side and never countertrend the H1.. Do you recommend countertrend on M15 and what would be your higher TF? Also do you keep holding a trade if it retraces below 50/60% or CLOSE it and move on?

 

Any suggestions would be highly helpful.. Regards

 

There is no need to refine your entries. You have to stick to one timeframe. If you want to trade the 5min TF - just do it - but stick to it, do not mix the Timeframes together.

When I start trading I also thought that it is a good Idea to find a trade in an higher TF and than go to a lower TF to refine the trade. The only thing that will happen it will confuse you in your trading.

I recommend the 15 min TF for daytrading.

5 min and 1 min for scalping only.

There is no need to look at the H1 at all. Make your chart smaller, you have to train your eyes to see the trend and enough data of your chart with one view.

Yes you can trade countertrend. I would not recommend it when you are a beginner.

The orderblocks retraces always below 50%60% - I don`t look at fibonacci at all. There is also no need for it. You see the retracement and the price action in front of your chart. Just watch which side get stopped out and there is your trade. When there is an Orderblock the trade is usually better.

Hi, Try below torrent. There are only two seeders at the moment. I guess you have to be little patient. I will search for more material and share it with you as soon as i have it.

 

magnet:?xt=urn:btih:987e3e03aa1a13b41979e6c5f9a7451e7f5057f2&dn=Chris%20Lori%20-%20Pro%20Traders%20FX%20Course&tr=udp%3A%2F%2Ftracker.coppersurfer.tk%3A6969%2Fannounce&tr=udp%3A%2F%2Ftracker.opentrackr.org%3A1337%2Fannounce&tr=udp%3A%2F%2Ftracker.leechers-paradise.org%3A6969%2Fannounce

I found 2 Courses on Torrent but no seeders or peers so far....

Hello, everyone.

Can you please share everything from Chris Lori. Michael from ICT once attended one of his seminars and speaks very positively of him. He said that the course from him is very good and would definitely be worth taking a look at. I know that Chris Lori's courses have been shared here before, but unfortunately not a single link is valid anymore.

Thank you very much

@Darkz0r : thanks for the detailed response. It was as if you were reading the confusion in my mind🙂...

My issue is if the market ( I trade nifty) is ranging on LTF in an uptrending HTF market ( say H1/ M5) then as long as the market is making an ascending rectangular pattern, my entries using ICT concept are golden and give the 1:10 RR as these gurus claim on Insta. I concede that they work absolutely in ascending range in a clear HTF uptrend. ( Or vice versa in HTF downtrend). Hell I don't even have to wait for a valid BOS or OB touch on LTF and many times take entries at 50% equilibrium on 10 point stop loss and am correct 90% of the time...

 

But if the market move in a descending rectangular range on LTF in even a clear ascending HTF market then these ICT concepts don't work at all.. No HTF liquidity raids + LTF BOS backed OB entries work...

 

I'm trying to understand what am I missing in the concept as it seems to work as advertised until it doesn't.. Any guidance to refine entries under the market conditions described above will be helpful.

 

Also is there any free manual backtesting tool which you can recommend as I don't have bar replay in free trading view app?

 

Thanks in advance...

 

Just to summarise : How to trade a LTF descending rectangular range or a triangular increasing range ( even more difficult) in a HTF clear uptrend ( or vice versa ) using ICT concepts. Any help will be highly appreciated as I'm at my wits end and absolutely frustrated😔

 

First of all, don`t belive the guys on youtube that they made an 1:10 - 1:30 - 1:100 trade. That`s stupid. Nobody in the world would hold an trade so long. They all lie to you. They just use Tradingview and put some trades in there with an huge RR.

Don`t fall for this bs. You will never see any proof of the trades they took.

Don`t use the 5 min TF. It is very tricky. Take the 15min instead. The 5min and 1min are for scalping some pips only.

Focus on one Timeframe only. Just take the 15 min. Thats it.

Use the ICT Orderblocks - look for stop hunts and than take the trade. Why Orderblocks don`t work every time? It is very simple. The Banks knows that we know that they are orderblocks. So they will take the opposite direction and make them fail. They simply need the liquidity to open up their big positions.

In my case I don´t wait for the BOS. The move already happened. When I see a potential orderblock I simply take the trade. Looking for a small pip trade only. Take 10 to 30 pips. It depends which pair you want to trade. Don`t trade too many pairs.

Use one group of Pairs only. For example all GBP Pairs.

GBPUSD, GPBJPY, GBPAUD etc...

Demotrade until you are profitable. Take an look at FTMO. You can take a free challange with an 50k Account how often you like.

Hope this will help you a little.

Best Regards

Kindly re upload the links if possible... Regards

Please take a look at ICT - You can find him on youtube. Vertex is just a bad copy of his context.

Gave it a look, yet another copycat of the ICT crazy dude. Man, never seen so many copycats of the same method, it´s hilarious.

 

Don´t you guys see this and all the other courses are just a bunch of kids like in their early `20s just copying each other and selling courses?

Yes they are all the same with some little changes. And the Changes are always worse than ICT

Some of them bring Wyckoff content in there trading just to show it but they never trade with it.

Can you please share this one:

https://fttuts.com/the-swag-academy/

Thank you

Link is down

I am interested in it too

It is looking very promising. Its 175$ only

hXXps://www.youtube.com/watch?v=JgUiUsbdpkw&ab_channel=BlackRabbitTrader