Price Charts

good information on this book

Very helpful for technical analysis probably the best yet very simple to understand book out there.

"Reading Price Charts Bar by Bar" by Al Brooks is a game-changer for traders serious about mastering price action. The book offers a detailed, methodical approach to analyzing individual bars and their context within trends, pullbacks, and reversals, going far beyond typical technical analysis guides. While dense, the insights are transformative, teaching traders to think critically and make real-time decisions. Brooks' focus on discipline and adaptability makes it valuable for traders of all levels. A must-have guide you'll revisit repeatedly. Highly recommended!

If you are serious about trading You NEED THIS BOOK!!!! PERIOD.

Somehow not a good English. Not a good explanation for beginners. Beginner should avoid until they gain some good technical analysis knowledge to understand what he is talking about!!!

The terminologies/semantics Al uses throughout the books are mostly made up in his own head. First read might seem a nuance. Most of these terms cannot be found on the internet. But make best use of it. Read it once. Read it again. It is true that the definition of Price Action is different for individual traders. This is a very challenging book. You need to leave everything aside & focus on this one book to really see profitable change in your trading. It took me 18 readings or 49 days to get inside the author's head as to reflect on Al's perspective. The first 5-7 readings were frustrating to some extent. This book can be life changing if you are willing to give your valuable time for it. This book paves the way for Al's other books. I agree 100% this book is not an easy read doesn't matter if you have been trading for more than a decade. For me I have just focused on Mark Douglas & Al Brooks. Whenever I feel like I am missing something, I come back to only these 2 authors.

Tough read. Seems Al's expressing skill is poor. Bt concepts are good.

Writing style is quite poor..for getting the proper understanding.you need to read multiple times

This is the top book on reading price action and understanding Technical Analysis of today's institutions. But the quality of the print is bad, as it seems for every new Wiley book sold. The print is advertised as a hardcover, where actually it is not, its a paperback (gluebonded) inside a fake carton cover. In the first page it says "Printed in the United States of America" and "Printed on Acid free paper" where in the last page it is written "Print and bound by CPI Group (UK)". The paper used for this print is cheap copy machine paper. First picture is the book for sale new, second picture is the actual book by Al Brooks printed in the United States of America.

Very happy with this book! Recommend

This is by far the best book on technical trading I've read. Brooks works from the notion that every bar on the chart is important, and reading what each one tells you will help you reliably and consistently identify high probability trade setups using nothing more than a few trendlines and the 20ema. Every page is crammed to bursting with information and Brooks makes no attempt to comfort the reader by making his explanations easy to follow - you have to work hard at sentence on every page to get the most out of it, and at times it's hard going, but it'll reward you with a much more in depth appreciation for the markets and where the money is. My understanding of charts and my confidence in placing trades based purely on price action has been transformed by this book. The printed charts can be difficult to read as they're quite small, but you can download them all from [...] which makes them much easier to follow. While the author trades predominantly US stocks and Eminis, his methods and analysis are applicable to all major markets including forex, indices, commodities and futures. I absolutely love this book, and my copy looks ten years old because I'm in it constantly, underlining passages, making notes, sticking stickies into it and generally reading and rereading. If you work hard at it and give it the effort it deserves (nay, demands), it's a goldmine. Brilliant.

I am a full-time trader, and have been for well over 10 years. I will not write in great detail about this book, but just want to share some general impressions and reactions to a few of the other reviews. First of all, this is a difficult book to read. One reason is simply that there is so much information in the book, and all of it is important. It really is necessary to read the book 2-3 times, taking notes, and taking notes on the charts. Consider this book to be an advanced course in trading (more than chart reading). On that same thought, I think this would be an enormously difficult book for someone new to trading. If you do not have a good understanding of the basics of traditional technical analysis (Wyckoff, Edwards and McGee or Murphy, maybe the Schwager book on Technical Analysis) then I cannot imagine that this book will be productive for you. You would be better spent putting in the serious (probably more than a year) time needed to get a good background, and then come here. I think this book will also be of limited utility for someone who has not traded and maybe even who has not traded actively. If you make a few decisions a year in your Ameritrade account, there is still value in this book for you, but you are not the target audience. There is no magic method or guru to be followed in this book. This is a profound book that deals with applying sound fundamentals to market action. Some (much) of the analysis is subjective and flexible, but that is the nature of real time trading -- it often is possible to read any given moment in 4-5 different ways. Because this book makes an effort to show you the thought process of trading, it appears needlessly thick to some reviewers who have suggested that more simple examples are needed. I disagree. If you go through the examples in this book 4-5 times each you will only have the entry level understanding necessary to start learning from the live market. This is not the fault of the author by any means -- he has actually done an exceptional job of presenting the information you need to trade profitably. There are two legitimate production issues with the book. The first is that the charts are tiny, but Wiley makes the chart graphics available from their website for free. You would be well advised to download all the graphics files there and print them out or study on your screen. For my own learning, I found annotating printed versions of the chart by hand to be very useful. The second is the issue that the book introduces concepts in the wrong order. Frankly, I agreed on my first read through and was fairly lost because I didn't understand the author's labeling system or some of his unique terminology. I would recommend skimming the entire book, then starting over and referring to the glossary frequently on your second read through. A second edition would benefit from a brief first chapter "primer" to introduce concepts like H1, H2, etc. (Another aside, don't get too caught up in labeling H1 and H2 bars!) Lastly, some reviewers have been critical of the writing style. I completely disagree. It is obvious that the writer has a technical writing background and the actual quality of writing is head and shoulders above most trading books. In short, this is a fantastic book. Certainly one of the best trading books I have read in a long time, but this is a book that demands you study it and study it again. Not a book for new traders and not a book to be read casually.

This is one of the best books available on technical analysis and price action. I picked it up after hearing Tom Hougaard recommend Al Brooks’ work in Best Loser Wins (another must-read). A heads-up: some concepts in the early chapters can feel dense at first. But if you stick with it, the ideas become much clearer as you progress—many of the hard sections click later because the book revisits and expands them with better context. I found it especially helpful to go back and re-read earlier chapters after finishing a few more; with the additional understanding, the material becomes far more intuitive. If you’re serious about learning price action properly, this book rewards patience and repeat reading.