Title: Encyclopedia of Chart Patterns / Edition 2
Author: Thomas N. Bulkowski
ISBN-10: 0471668265
ISBN-13: 9780471668268
The Encyclopedia of Chart Patterns, recognized as the premierreference on chart pattern analysis, extends its lead with thisSecond Edition. This definitive text includes new bull and bearmarket statistics, performance sorted by volume shape and trend,more than a dozen additional chart patterns, and a new sectioncovering ten event patterns. Significant events—such asearnings announcements, stock upgrades and downgrades—shapetoday’s trading, and Bulkowski gives readers the best informationon what happens after those events occur. He also shows you how totrade them and uses reliable statistics to back it all up. In each chapter of Encyclopedia of Chart Patterns, SecondEdition you’ll learn the following about each pattern: Results Snapshot—A statistical summary of patternbehavior, including its performance rank, breakeven failure rate,average rise or decline—all separated by breakout directionand market type (bull or bear) Tour—A broad introduction to the pattern Identification Guidelines— Characteristics to lookfor Focus on Failures—What failed patterns look like, why theyfailed, and how to avoid them Statistics—The numbers and what they tell you, separatedinto bull/bear markets and breakout direction, including averagerise or decline, failure rates, volume shapes, performance by size,and busted pattern performance Trading Tactics—Strategies to increase profits andminimize risk Sample Trade—Puts it all together, showing the chartpattern in action, with hypothetical or actual trades using realdata For Best Performance—A table of selection tips to boostperformance Encyclopedia of Chart Patterns, Second Edition also includessummary tables ranking chart- and event-pattern performance foreasy reference; a glossary; a chapter on methodology explainingwhat each statistical table entry means and how it was calculated;and a visual index to make chart pattern identification a snap. The result is today’s most comprehensive and valuable technicalanalysis reference—one that will save you critical time inidentifying chart patterns and increase your likelihood of buyingnear the price bottom and selling near the top.
