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Frustrated by the subjectivity of classic patterns (head and shoulders, flags, pennants) and the lagging nature of oscillators like the RSI or MACD, Brooks spent the late 1980s and 1990s doing something obsessive: he manually reviewed thousands of charts, tick by tick. He wasn't looking for certainty; he was looking for probabilities . His thesis was radical:
A trend is simply a series of higher highs and higher lows (uptrend) or lower highs and lower lows (downtrend). Brooks is pragmatic: you trade in the direction of the trend until the trend ends. He doesn't fight the tape. He famously notes that "The trend is your friend... until the end." al brooks
In a world of financial charlatans promising 90% win rates, Al Brooks is the refreshingly honest, brutally difficult truth. He looks at a chart and says, "This is a bear trend bar with a long lower wick. It suggests buying pressure. But we need to see the next bar to confirm. There are no guarantees. Let's watch." Frustrated by the subjectivity of classic patterns (head