Encyclopedia of Chart Patterns
Book description
The market's bestselling and most comprehensive reference on chart patterns, backed by statistics and decades of experience
When the smart money trades the securities markets, they leave behind financial footprints. Combine enough footprints together and you have a trail to follow. That trail becomes what's called a chart pattern. Encyclopedia…
Why read it?
1 author picked Encyclopedia of Chart Patterns as one of their favorite books. Why do they recommend it?
We sometimes think patterns like a double top or a triangle are old-fashioned and not useful, but Bulkowksi not only demonstrates but proves otherwise. He set the standard for how technical analysis should be presented—with hard facts about how a pattern is identified, how well it works on specific securities over time, its gain/loss ratio, and other data. And he provides updates on his website. Bulkowski has also done simillar work on swing trading and candlesticks. I like Bulkowski’s work because he uses the scientific approach of forming a hypothesis, testing and re-testing it, and honestly reporting whether a hypothesis…
From Barbara's list on for traders using technical analysis.
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