Summary and Info
This book is THE source for open range breakout material and theory. I have an original copy! lol
The material still stands as solid and can teach you the meat.
It is outdated in many ways. Also, new markets have opened to the average trader (Forex for example) and there is no material or guidance on it in this old tome.
I have seen this book auctioning for $400 to $1300 on Ebay!! WHY??!!! The meat of this is freely available online and market specific gurus have taken this material and brought it current and relevant. Before I would buy this book, I would seriously review and read materials on open range breakouts by those gurus. Those people have won and lost, have back tested, have learned and are sharing their knowledge in publications and books and seminars. Find your market gurus and get fresh info.
Yes, open range breakouts are profitable! I enjoyed much success from them when I was first starting out but now I am more of a longer term trader and skip the day stuff for larger profits.
More About the Author
Toby Crabel is a United States commodities trader. In 2005, the Financial Times called Crabel "the most well-known trader on the counter-trend side".
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