Book : Encyclopedia of Chart Patterns 90 by Thomas N. Bulkowski First Edition
- In this revised and expanded second edition of the bestselling Encyclopedia of Chart Patterns, Thomas Bulkowski updates the classic with new performance statistics for both bull and bear markets and 23 new patterns, including a second section devoted to ten event patterns. Bulkowski tells you how to trade the significant events — such as quarterly earnings announcements, retail sales, stock upgrades and downgrades — that shape todays trading and uses statistics to back up his approach. This comprehensive new edition is a must-have reference if you’re a technical investor or trader. Place your order today. “The most complete reference to chart patterns available. It goes where no one has gone before. Bulkowski gives hard data on how good and bad the patterns are. A must-read for anyone that’s ever looked at a chart and wondered what was happening.” — Larry Williams, trader and author of Long-Term Secrets to Short-Term Trading
- Technical chart analysis has never been easy. It has, however, been historically successful-and well worth the added effort-for dedicated investors who want to presage what a stock will do next and regularly beat the markets. Encyclopedia of Chart Patterns represents the next step in technical analysis. This definitive text details over 50 chart patterns that signal whether a stock is in bullish, bearish, or neutral mode. It identifies each chart pattern, explains how and why each chart was formed, and where it will go next. You simply filter the information through your own trading style and strategy, watch for the optimal entry and exit points, and trade the markets with skill and confidence. The step-by-step chapters in Encyclopedia of Chart Patterns reveal for each pattern: Results Snapshot – At-a-glance data on chart appearance, average rise or decline, failure rate, and price prediction accuracy Tour – Broad introduction to the pattern Identification Guidelines – Characteristics to look for and why Focus on Failures – What failed patterns look like, why they failed, and what to do Statistics – The numbers, and what they tell you Trading Tactics – Implementation strategies for maximizing profit while minimizing risk Sample Trade – The chart pattern in action, with hypothetical trades using real data With the proper knowledge and understanding, chart pattern analysis can be one of today2s easiest to use “investing tools”. Encyclopedia of Chart Patterns presents the technical analysis tools, then reveals the secrets-such as average failure rates, most likely gain or loss, volume trends, and surprise findings-as you use the tools to build a portfolio of wealth. The result is today2s most valuable technical analysis reference, one that will save you critical time in identifying chart patterns and increase your likelihood of buying near the price bottom and selling near the top.
- The technical analyst believes that prices tend to move in trends. In addition to many indicators that help identify and chart these trends, there exist a multitude of chart patterns that will tell the analyst whether the stock or commodity is in a bullish or bearish mode. Different patterns presage different events, and these patterns tell the analyst what the stock is going to do, based on where its price has been. Tracking and identifying chart patterns is an important part of the technical analyst’s toolkit. Without the basic knowledge of chart formations the investor cannot determine his or her trading strategy. This guide on chart formations identifies chart patterns, explains market behaviour, and gives performance statistics.