Use as visual guide。 don't waste your time reading it。 Reading material in it doesn't worth time Use as visual guide。 don't waste your time reading it。 Reading material in it doesn't worth time 。。。more
Jairo Fraga,
Wonderful read for those who loves statistics。 Full of hard work from the author, that catalogued over 500 patterns for each different pattern presented on this book。 Even if it's directed to stocks, it's still very useful for futures, commodities and forex。One small concern is the methodology for the ultimate high/low, which doesn't translate into real trades, as they are "perfect trades", instead of having a more real world use case, like a maximum rise before a stop is reached。Other than that Wonderful read for those who loves statistics。 Full of hard work from the author, that catalogued over 500 patterns for each different pattern presented on this book。 Even if it's directed to stocks, it's still very useful for futures, commodities and forex。One small concern is the methodology for the ultimate high/low, which doesn't translate into real trades, as they are "perfect trades", instead of having a more real world use case, like a maximum rise before a stop is reached。Other than that, awesome work。 。。。more
Aleksey Zhdanov,
"This is a must-have reference on every trader’s desk。 It goes in-depth into every chart pattern, with statistical data and details like when they are most effective and under which conditions。 This edition is great because Bulkowski added a section on special event patterns that occur after volatility-causing events like upgrades and earnings announcements。 I always keep this book handy even after years of trading。" "This is a must-have reference on every trader’s desk。 It goes in-depth into every chart pattern, with statistical data and details like when they are most effective and under which conditions。 This edition is great because Bulkowski added a section on special event patterns that occur after volatility-causing events like upgrades and earnings announcements。 I always keep this book handy even after years of trading。" 。。。more
مروان الرميح,
من افضل الكتب في شرح النماذج السعرية بشكل مفصل ودقيقمفيد جداً
Sohail,
loved the stats on each of the chart patterns and the different ratios of performance and success
erjan avid reader,
a very fundamental but useless book! It's huge and very detailed, describing every pattern out there。 I long awaited to read it, to get my hands on it, and when i skimmed thru the book - i realized its' mostly useless!Why?Cuz: it's old and the % of every pattern completing as expected has changed。 The market is fluid and flowing thing。I give it 2 stars only cuz the author spent lots of time classifying each pattern, it's truly titanic amount of work。 But its only good as an example of human's pe a very fundamental but useless book! It's huge and very detailed, describing every pattern out there。 I long awaited to read it, to get my hands on it, and when i skimmed thru the book - i realized its' mostly useless!Why?Cuz: it's old and the % of every pattern completing as expected has changed。 The market is fluid and flowing thing。I give it 2 stars only cuz the author spent lots of time classifying each pattern, it's truly titanic amount of work。 But its only good as an example of human's perseverance。。 Better spent time and direct my energy at studying markets , instead of some old patterns。 。。。more
George Monson,
Great Book for details on Chart Patterns and their profitability。
Tadas Talaikis,
I would only provide one informed quote:"It is clear (。。。) that for the stock market, the odds of a gain in any timeframe (。。。) are in favor of charlatan analysts。We are not talking only about charlatans who pose as technical analysts in front of a crowd of uninformed individuals that never take the time to do simple statistical analysis of this sort。We are also talking about highly paid professional analysts that every quarter, or year, claim that the market will go up when they know the odds a I would only provide one informed quote:"It is clear (。。。) that for the stock market, the odds of a gain in any timeframe (。。。) are in favor of charlatan analysts。We are not talking only about charlatans who pose as technical analysts in front of a crowd of uninformed individuals that never take the time to do simple statistical analysis of this sort。We are also talking about highly paid professional analysts that every quarter, or year, claim that the market will go up when they know the odds are overwhelmingly in their favor。" Michael Harris 。。。more
David,
Each trader has an opinion as to if chart pattern exists I saw several that I would never trade on for the simple reason that it more imagination than a pattern。 I saw several that I would say were clearly labeled incorrectly, and I am a CMT, so not a novice。 As the book was written from the viewpoint of a certain time in the market, it is quite obvious that in another market these patterns would not hold up nearly as well, or might be much better。。。。。Good work, but gads, don't bet a lot of mone Each trader has an opinion as to if chart pattern exists I saw several that I would never trade on for the simple reason that it more imagination than a pattern。 I saw several that I would say were clearly labeled incorrectly, and I am a CMT, so not a novice。 As the book was written from the viewpoint of a certain time in the market, it is quite obvious that in another market these patterns would not hold up nearly as well, or might be much better。。。。。Good work, but gads, don't bet a lot of money on this analysis。 Do you own homework。 Find your own trading methods。 This book, as most investment books, a nugget or two exists within the pages。。。。if one is lucky, they see it。 I've read around 200 plus investment books, and hold that about 1-3% of what is written is worth putting into the memory bank。 。。。more