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Encyclopedia of Chart Patterns (Wiley Trading),   ISBN:9780471668268

     
  Encyclopedia of Chart Patterns (Wiley Trading)

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Binding: Hardcover
Release Date: May 2005
Edition: 2
List Price: $120.00

Average Customer Rating:
Score = 4.0 Score = 4.0 Score = 4.0 Score = 4.0 Score = 4.0

ISBN-13: 9780471668268
ISBN-10: 0471668265
Author: Thomas N. Bulkowski
Publisher: Wiley
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Summaries and Customer Reviews are supplied by Amazon.com

Summary:

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

Customer Reviews:

Average Customer Rating: Score = 4.0 Score = 4.0 Score = 4.0 Score = 4.0 Score = 4.0

Every chart pattern known to man
Customer Rating:  Score = 3 Score = 3 Score = 3 Score = 3 Score = 3

This book can be helpful if you are a devotee of technical analysis. This book will not make you rich, but it will help you understand chart patterns. Bulkowski has done a great job in cateloging probably every chart pattern one can think of.

Give this a pass
Customer Rating:  Score = 2 Score = 2 Score = 2 Score = 2 Score = 2

This book is a review of different chart patterns from a statistical point of view. Actual stock market data is used to understand the validity of standard chart patterns. I like that the author uses statistics, but why on earth doesn't he use standard deviation and significance tests to understand which patterns or volume trends are significant? That would have been a good way to sift through the copious amount of data in the book. It is very unfair against the reader to just dump all the data in the text. Having said this, the book contains some useful data if you are interested in chart patterns, but it requires a lot of extra study (something the author could have done for you, the reader). The book is also far too long. For each patterns the author describes a fictitious trade that somebody made. That imaginary somebody is even given a name and profession; different in each chapter. These 75 pages or so could have been cut out easily. And I'm sure more cuts could have been made. With these changes the book might have been very good.

Yikes!
Customer Rating:  Score = 3 Score = 3 Score = 3 Score = 3 Score = 3

Ok, considering i have not spent that much time reading this book, mainly because it creates nausium with all the statistical talk, i think its a pretty good book. Just know that its not a story or interviews or anything like that. Lots of percentages. The volume i bought actually has a reddish cover, i think its slightly newer. Also, i happened to switch over to learning how to trade using bar charts, i like it much better. The candles....work, but i hate how i see all the different candle signs i have learned all over the place!! And i think all the candle patterns are seen just as easy with the good ole HLCO bars. I recommend Japanese Candlestick Charting Techniques by Steve Nison if you want to learn about a bunch of candle signs/patterns...its an awesome book that i bought based on recommendations of two pro traders i follow. Good luck, never quit!!

Chart Patterns
Customer Rating:  Score = 4 Score = 4 Score = 4 Score = 4 Score = 4

This book is fine, it was just a bit too technical for me, but it is not the fault of the book but my interest in the subject matter. I found it for myself to be too difficult to digest. Again, it has nothing to do with the message, it was not what I needed and I don't think I will use it a lot. I believe you need to know a lot more about the technical analysis than I do, although I hve a finance background.

pattens
Customer Rating:  Score = 4 Score = 4 Score = 4 Score = 4 Score = 4

very well researcher and very useful book for any body who want to punt on the market.

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