Encyclopedia of Chart Patterns, Second Edition

The "Bible" of chart patterns...

This book is not written for entertainment purposes, but rather acts as an encyclopedia of sorts for all of the various chart patterns. The information is presented in a dry way of technical information, statistics, numbers, percentages, etc.

From rectangles to wedges to triangles to double bottoms and broadening formations, nothing is left out in regard to chart patterns, it also makes digesting the material a bit tedious.

Pros:

+ contains all the chart patterns you'd ever need to know

+ a handy reference guide and way to brush up on patterns seen while trading

+ written in a technical manner allows for pattern comparisons

Cons:

- hard to digest information

- not a "fun" book to read

- statistics of pattern success/failure rates are questionable

Trust Score

7.1

User’s Review Ratings

Overall

One of my favorites

this was one of the first books I read when I started learning to read chart patterns and technical analysis and I still use it almost every day as a reference. I would recommend this one to anyone who need to learn the basic patterns. The next step will be to learn how to use these patterns, which it will not teach you in this book, but still a good read.

Trust Score

1.0

User’s Review Ratings

Overall

The technical traders bible

This book will teach you every chart pattern you could ever need, the only thing you need is some discipline to find these patterns on a chart, manage your risk and reward, and follow the trend. I think this book should be read by every new technical trader, I loved the detailed content. Yea, its a little dry, but everything important in technical trading is goign to be like that, the fun part is the money i make by using the patterns. MUST READ IMO.

Trust Score

1.6

User’s Review Ratings

Overall

Great reference book

Kind of dry to read but its a great reference with solid data that can be very useful.

Trust Score

4.0

User’s Review Ratings

Overall

Chart patterns

If you want to learn chart patterns this is the book well worth the money

Trust Score

5.0

User’s Review Ratings

Overall

Tons of Information that will make your head spin

Just got this book. I must say it is pretty thorough. This isn't a book you read from page 1 to the end. This is more of a book you keep on the side, and implement or find a pattern you just researched. Little by little you will build your expertise in different chart patterns. What's really cool is they go in depth on simple chart patterns that you wouldn't think existed. Try the book out. It's good to have.

Trust Score

2.4

User’s Review Ratings

Overall

Trust Score

2.1

User’s Review Ratings

Overall

Trust Score

2.2

User’s Review Ratings

Overall

Trust Score

2.0

User’s Review Ratings

Overall

Good Book on basics

Would definitely recommend this book to anyone that wants to get start trading. It was actually one of the first books that I actually purchased. Would definitely recommend.

Trust Score

1.0

User’s Review Ratings

Overall