Encyclopedia of Chart Patterns, 2nd Edition (Wiley Trading)

Product Information

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. To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Encyclopedia of Chart Patterns, Second Edition also includes summary tables ranking chart- and event-pattern performance for easy reference; a glossary; a chapter on methodology explaining what each statistical table entry means and how it was calculated; and a visual index to make chart pattern identification a snap.

Chart patterns are the basics behind most trading methods, and this book is a great achievement in a highly useful format.It puts you in the passengers seat so you can share lessons learned from Bulkowski's trades This edition reports on statistics from nearly four times the number of samples used in the Second Edition and ten times the number in the First Edition The Encyclopedia of Chart Patterns, Third Edition further solidifies the reputation of this book as the leading reference on chart patterns, setting it far above the competition. Encyclopedia of Chart Patterns, Third Edition expands upon Bulkowski's immensely popular Second Edition with fully revised and updated material on chart patterns. In roughly 1000 pages, it contains 53 chart patterns plus 9 more event patterns which will pretty much cover you for any chart you come across…. Bulkowski also tells you exactly how to measure and identify patterns so you're not left squinting at your screen thinking, "Jeez, is that a Cup with Handle or a Double Bottom? By using the Web site, you confirm that you have read, understood, and agreed to be bound by the Terms and Conditions.

You can change your choices at any time by visiting Cookie preferences, as described in the Cookie notice. There is however much useful information here for those who have the patience and knowledge to sort the wheat from the chaff. Personally I have always found it difficult to see chart patterns, so this defines them in a useful way. He also lists statistical findings for performance, breakout targets, failure rates, etc, together with sample trades and advice on optimal strategy for each pattern. He enjoys writing fiction, chasing cars with his bicycle, watching flowers bloom in his gardens, woodworking, photography, and reading.I've gone ahead and created my own, but standardized, ready reference cheat sheets would be a great additional resource. Joining Tour, Identification Guidelines, Focus on Failures, Statistics, Trading Tactics and Sample Trade is Experience. Really the only gripe that I could even potentially see is that it would be a lot nicer to have the pertinent Size Statistics information like the very important Average Formation Length stats directly out front on the first page with the title of each pattern.

The key difference between this and other chart pattern books is that the findings are supported by empirical testing -they are not just someone's opinion. Excellent book, well worth the money and would highly recommend to anyone trading in not only crypto, but any market. Before earning enough from his investments to retire from his day job at age thirty-six, Bulkowski was a hardware design engineer at Raytheon, a senior software engineer for Tandy Corporation, and a software manager for Tracor-Westronics. Written by a leading expert on chart patterns, Tom Bulkowski, this edition includes revised statistics on 75 chart patterns including 23 new ones, with pictures and performance statistics, packaged within easy-to-read text.It would just be a bit nicer to have quick access to the most important information in validating the pattern like the average formation length, rather than rooting through 4 or 5 pages each time. I'm interested in anything which helps put probabilities on my side when trading and this is a book which is all about measured results.