Al Brooks (author)
Al Brooks is a physician and self-taught technical analyst, best known for his expertise in price action trading and his detailed analysis of market microstructures. He is the author of several books on trading the financial markets, focusing primarily on futures and equities.
Brooks's methodology emphasizes understanding the underlying psychology of market participants and using price charts to identify high-probability trading setups. He advocates for a disciplined, rule-based approach to trading and stresses the importance of managing risk.
His works are highly regarded in the trading community for their comprehensive and granular analysis of price movements, bar patterns, and market context. While his writing style is often considered dense and requires dedicated study, many traders find his insights valuable for understanding market dynamics and improving their trading performance.
Key publications by Al Brooks include:
- Trading Price Action Trends
- Trading Price Action Trading Ranges
- Trading Price Action Reversals
His approach relies heavily on observing and interpreting candlestick patterns, trend lines, and other forms of technical analysis to anticipate future price movements. He has also developed specialized terminology and concepts related to price action that are widely used among his followers.