Encyclopedia of Chart Patterns

As the title says it all, it is a vast encyclopaedia of various chart patterns analyses. The in-depth and uncompromising detail with which the author has written this book is definitely worth it. Just by the content, one can realise the painstaking effort Thomas N Bulkowski has put into it. It is presented and explained in a very methodical and comprehensive manner. The statistical research that has been conducted to derive conclusions are very exhaustive. People seeking entertainment and some quick fixes will have to look elsewhere as this is heavy material and has to be digested page by page.The beauty about this book is that each pattern has a snapshot and a section dedicated to the statistical possibility of the future. This includes the success rate/failure rate, the extent of success/failure, ideal holding time, best method to trade the pattern, and how it fares in bull/bear markets. This book is an invaluable resource for:• Intermediate/Serious traders (Swing and Positional traders)• Hedge Fund and portfolio managers• Technical research analysts• Stock trading advisors• LibrariesThose who like back-testing technical strategies will find it most useful as this is a ready-made model to work with. It could lay the basis for your own research work or at least enlighten you in some ways.

There was a lot of stuff in this book I didn't need to read, but I suppose it would help out other people. I just got it for the last 5 pages! Take what you need out of it and ignore what you don't. It is a reference book, and it is up to you to decide if you can use it, and how to use it. Personally I prefer Candlesticks, and got a lot more out of the book "Japanese Candlestick Charting Techniques" by Steve Nison, which is not for everyone, but depends on what type of trading you are doing.

First edition of 3 but still great.

This book has provided me with excellent information as to the value of any given chart pattern, and has done so in a manner that I can easily understand.

excellent. All the information you could possibly want.