Al Brooks: Trading Price Action Reversals Pdf Files ((better))

Brooks warns that most attempts to trade against the trend are actually just "minor reversals" that lead to trading ranges rather than a full-blown opposite trend. Scalping vs. Swinging:

A wedge is a three-pushed move that is slightly overlapping and losing momentum. Each push goes slightly beyond the previous one, but fails to sustain the breakout. Al Brooks looks for a strong reversal signal bar following the third push, which often leads to at least a two-legged correction. How to Trade Reversals Using Brooks' Rules Al Brooks Trading Price Action Reversals Pdf Files

If you're looking for practical ways to apply these concepts, I can: Brooks warns that most attempts to trade against