drw112 

The book mainly covers what he calls second entries in a 2-legged pullback (I believe this is similar to Brook's H1/H2 and L1/L2 setups but I'm still reading that book), trading channels, really stresses never count-trend trading, traps (people who fell for a breakout of a double top only to have it go 1/2 ticks higher and fail back into the double top range causing a cascade of buys or sells), identifying trends and ranges. A lot of what is covered is basic trading rules, don't move stops, use the correct size and profit targets. He also employs a scalp and run strategy. Overall, I'd say it's decent if you are relatively new to price action and/or trading. If you've already read and mastered Al Brooks you probably won't get too much more from it except maybe a different perspective and order management. Personally I plan on reading this another time or two and continuing with the archive of videos. I think this will give me a pretty good base to continue with Brooks.

drw, how did the course work out for you after all of these months? I watched a couple of the guy's videos and I knew he wasn't blowing hot air in the videos (in the course, I don't know, but I don't think so). I'm asking because our brains tend to have a difficulty when things don't work out 100% of the time and like many people on here, change things... usually for the worse. Are you still trading?

acbrasil 

drw, how did the course work out for you after all of these months? I watched a couple of the guy's videos and I knew he wasn't blowing hot air in the videos (in the course, I don't know, but I don't think so). I'm asking because our brains tend to have a difficulty when things don't work out 100% of the time and like many people on here, change things... usually for the worse. Are you still trading?

I stopped actively trading futures a few months ago because of work, although, I'm thinking of getting back into it now. When I quit I was up but just couldn't put in the time. I still think it is a good "system" if you want to call it that.

drw, it took me a while to get used to his terminology. Now I understand it, and it's really similar to what I've been doing all along. For the money (very cheap) and his regular videos you can't beat that. I've done around 7 price action courses out of curiosity. Yeah, there is a tremendous amount of overlap.

If futures are too much, you could test out some micros in a forex account. The concepts are all the same.

I'm all for Mack and his price action trading. I've talked to other members on here and they all have very good things to say about Mack. I email him about once a week asking questions and he usually responds within a day answering my questions in detail. I have a trading journal on here you can take a look at. I'm still learning a ton and am still in sim but I really enjoy the way he teaches PAT.

Day Trading Using the Basis of Mack's PAT Teachings Hello NexusFi (formerly BMT), I am trading in Sim the ES where the basis of my trading is Mack's price action trading teachings. He has a website and a youtube channel where he goes over the day. He lets you know where the good trades were and …

Its well worth the hundred bucks IMHO.. Just the section on TRAPS will make your money back in a couple trades. No other snake oil salesman on the internet thtt I have found gives you as much useful info for a hundred dollar bill. plain and simple...

I am studying and applying his teachings.
This stuff works, I have read the manual (at least two times) and viewed a lot of his videos on youtube.
The 100$ package includes the excellent manual and a 9-page PDF about finding targets. Also included is another pdf that is 300 pages wich contains the daily trade setups from Dezember 2010 to August 2011.

drw112 

I've been watching the videos on youtube and was wondering if anybody has purchased the e-book. Is it worth it over the videos that are freely available or in addition to the Al Brooks books? It doesn't seem too expensive but I'd rather not spend the money if I don't need to.

Nothing more than what he talks about in his daily videos. Just a simple summary in 1 place. 99$. Yeah worth it.

This other thread may be of interest to you, since it covers the same vendor :

Price action chart lessons by Mack's PATS Trading (priceactiontradingsystem.com) There are interesting videos and lessons on price action without indicators at this youtube URL: clickme ( I found this site by accident looking for something else but i wanted to share the link as i consider the information presented about P.A. valuable …

Nicolas

Use this thread:

Price action chart lessons by Mack's PATS Trading (priceactiontradingsystem.com) There are interesting videos and lessons on price action without indicators at this youtube URL: clickme ( I found this site by accident looking for something else but i wanted to share the link as i consider the information presented about P.A. valuable …

Mike