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Trading Price Action Trading Ranges: Technical Analysis of Price Charts Bar by Bar for the Serious Trader
Praise for Trading Price Action Trading Ranges "Al Brooks has written a book every day trader should read. On all levels, he has kept trading simple, straightforward, and approachable. By teaching traders that there are no rules, just guidelines, he has allowed basic common sense to once again rule how real traders should approach the market. This is a must-read for any trader that wants to learn his own path to success."
―Noble DraKoln, founder, SpeculatorAcademy.com, and author of Trade Like a Pro and Winning the Trading Game "A great trader once told me that success was a function of focused energy. This mantra is proven by Al Brooks, who left a thriving ophthalmology practice to become a day trader. Al's intense focus on daily price action has made him a successful trader. A born educator, Al also is generous with his time, providing detailed explanations on how he views daily price action and how other traders can implement his ideas with similar focus and dedication. Al's book is no quick read, but an in-depth road map on how he trades today's volatile markets, complete with detailed strategies, real-life examples, and hard-knocks advice."
―Ginger Szala, Publisher and Editorial Director, Futures magazine Over the course of his career, author Al Brooks, a technical analysis contributor to Futures magazine and an independent trader for twenty-five years, has found a way to capture consistent profits regardless of market direction or economic climate. And now, with his new three-book series―which focuses on how to use price action to trade the markets―Brooks takes you step by step through the entire process. In order to put his methodology in perspective, Brooks examined an essential array of price action basics and trends in the first book of this series, Trading Price Action TRENDS . Now, in this second book, Trading Price Action TRADING RANGES , he provides important insights on trading ranges, breakouts, order management, and the mathematics of trading. Page by page, Brooks skillfully addresses how to spot and profit from trading ranges―which most markets are in, most of the time―using the technical analysis of price action. Along the way, he touches on some of the most important aspects of this approach, including trading breakouts, understanding support and resistance, and making the most informed entry and exit decisions possible. Throughout the book, Brooks focuses primarily on 5 minute candle charts―all of which are created with TradeStation―to illustrate basic principles, but also discusses daily and weekly charts. And since he trades more than just E-mini S&P 500 futures, Brooks also details how price action can be used as the basis for trading stocks, forex, Treasury Note futures, and options.
―Noble DraKoln, founder, SpeculatorAcademy.com, and author of Trade Like a Pro and Winning the Trading Game "A great trader once told me that success was a function of focused energy. This mantra is proven by Al Brooks, who left a thriving ophthalmology practice to become a day trader. Al's intense focus on daily price action has made him a successful trader. A born educator, Al also is generous with his time, providing detailed explanations on how he views daily price action and how other traders can implement his ideas with similar focus and dedication. Al's book is no quick read, but an in-depth road map on how he trades today's volatile markets, complete with detailed strategies, real-life examples, and hard-knocks advice."
―Ginger Szala, Publisher and Editorial Director, Futures magazine Over the course of his career, author Al Brooks, a technical analysis contributor to Futures magazine and an independent trader for twenty-five years, has found a way to capture consistent profits regardless of market direction or economic climate. And now, with his new three-book series―which focuses on how to use price action to trade the markets―Brooks takes you step by step through the entire process. In order to put his methodology in perspective, Brooks examined an essential array of price action basics and trends in the first book of this series, Trading Price Action TRENDS . Now, in this second book, Trading Price Action TRADING RANGES , he provides important insights on trading ranges, breakouts, order management, and the mathematics of trading. Page by page, Brooks skillfully addresses how to spot and profit from trading ranges―which most markets are in, most of the time―using the technical analysis of price action. Along the way, he touches on some of the most important aspects of this approach, including trading breakouts, understanding support and resistance, and making the most informed entry and exit decisions possible. Throughout the book, Brooks focuses primarily on 5 minute candle charts―all of which are created with TradeStation―to illustrate basic principles, but also discusses daily and weekly charts. And since he trades more than just E-mini S&P 500 futures, Brooks also details how price action can be used as the basis for trading stocks, forex, Treasury Note futures, and options.
624 pages, Hardcover
First published November 11, 2011
62 people are currently reading
488 people want to read
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Displaying 1 - 5 of 5 reviews
September 18, 2015
Ill go and rate it similarly to the other books on this series. So far, this collection has been consistent... consistently boring! I have read lots of trading books, types of analysis, methods, etc.. but Brooks really goes out of his way to make reading this a real torture. I took me A LOT of time to finish this one. To be fair, I read lots of books at the same time, so I tend to pay more atention to the ones I find more appealing.
Content wise, Its still a book about reading the market. What I mean by this is that you SHOULDN´T read this book expecting to learn how to trade or a specific method. It´s more about certain details that can help you understand what the market is doing, but IT WILL NOT help you develop a sistem to approach them. In this book you will learn Al´s views on trading ranges and some of his "advice" on certain things... but he wont give any setups or "practical" advice. He will, constantly show "examples" of what he is talking about, but I find them to be a bit too "random" to be identified in a "real time" market situation. I find this more to be a book about "what should have been done", but not really useful in "what will I do next time".
I still give it 3 stars because I think that it can give a valid view on price action and some basics to understand market moves.
Content wise, Its still a book about reading the market. What I mean by this is that you SHOULDN´T read this book expecting to learn how to trade or a specific method. It´s more about certain details that can help you understand what the market is doing, but IT WILL NOT help you develop a sistem to approach them. In this book you will learn Al´s views on trading ranges and some of his "advice" on certain things... but he wont give any setups or "practical" advice. He will, constantly show "examples" of what he is talking about, but I find them to be a bit too "random" to be identified in a "real time" market situation. I find this more to be a book about "what should have been done", but not really useful in "what will I do next time".
I still give it 3 stars because I think that it can give a valid view on price action and some basics to understand market moves.
December 23, 2022
Lots and lots (and lots) of pertinent information, written is a style that is incomprehensible.
August 8, 2025
These are honestly the most overrated books in the trading industry. The writing is awful. Filled with redundancies. The chart analysis is riddled with hindsight bias. Brooks overcomplicates matters. I actually think that reading these books will make you a worse trader. Save your time and money. There are much more practical and legitimate books on trading out there.
November 17, 2020
Must read for any aspiring day trader.
Thank you Mr. Brooks. You made things slot easier. Food for thought "When a trend is strong, the only type of scaling in that you should consider is adding to your with-trend position." So many gems are in this book.
Thank you Mr. Brooks. You made things slot easier. Food for thought "When a trend is strong, the only type of scaling in that you should consider is adding to your with-trend position." So many gems are in this book.
September 7, 2012
Praise for Trading Price Action Trading Ranges
"Al Brooks has written a book every day trader should read. On all levels, he has kept trading simple, straightforward, and approachable. By teaching traders that there are no rules, just guidelines, he has allowed basic common sense to once again rule how real traders should approach the market. This is a must-read for any traders
"Al Brooks has written a book every day trader should read. On all levels, he has kept trading simple, straightforward, and approachable. By teaching traders that there are no rules, just guidelines, he has allowed basic common sense to once again rule how real traders should approach the market. This is a must-read for any traders
Displaying 1 - 5 of 5 reviews