Description
New performance statistics are integrated within this updated version of the “Encyclopedia of Chart Patterns” Thomas Bukowski, the gatherer of information for this compendium, had taken the most pertinent of concepts such as quarterly earnings announcements, retail sales, stock upgrades, and downgrades backed up by statistics.
The new edition also gives new data on how good and bad data should be like. The book walks its readers through the specifics of a chart and ensures that the specificities are accounted for and understood.
The following content is discussed to a tee:
- Focus on Failures—This refers to how failed patterns look like. The material goes at length at why the patterns failed, and what one can do to avoid them
- For Best Performance—this refers to the table of selection tips aimed at boosting performance
- Identification Guidelines—These are the characteristics one should look for
- Results Snapshot—This refers to the summary of pattern behavior that is statistical. This includes the average rise or decline, breakeven failure rate, performance rank. These are segmented by breakout direction and market type (bull or bear)
- Statistics—Simply, these are the numbers seen on the chart what they mean. These are separated into bull/bear markets and breakout direction. These include average rise or decline, failure rates, volume shapes, a performance by size, and busted pattern performance
- Tour—This is the broad introduction to the pattern
- Trading Tactics—These are the techniques and strategies geared at increasing profits and minimizing risk
- Sample Trade—This configures everything; it shows chart patterns in action. Also included is the hypothetical or actual trades with the use of real data.
About the Author
The author, Thomas Bukowski, is seen as one of the leading experts on chart patterns. With over 30 years of experience, Bukowski is a resilient investor and trader. On top of that, he had also authored books of fiction, namely, “Bedroom to Boardroom” and “Remember Me.”
Table of Contents
The book has two parts and discusses the following patterns:
Part One Chart Patterns
1 Broadening Bottoms
2 Broadening Formations, Right-Angled Ascending
3 Broadening Formations, Right-Angled Descending
4 Broadening Tops
5 Broadening Wedges, Ascending
6 Broadening Wedges, Descending
7 Bump-and-Run Reversal Bottoms
8 Bump-and-Run Reversal Tops
9 Cup with Handle
10 Cup with Handle, Inverted
11 Diamond Bottoms
12 Diamond Tops
13 Double Bottoms, Adam & Adam
14 Double Bottoms, Adam & Eve
15 Double Bottoms, Eve & Adam
16 Double Bottoms, Eve & Eve
17 Double Tops, Adam & Adam
18 Double Tops, Adam & eve
19 Double Tops, Eve & Adam
20 Double Tops, Eve & Eve
21 Flags
22 Flags, High and Tight
23 Gaps
24 Head-and-Shoulders Bottoms
25 Head-and-Shoulders, Complex
26 Head-and-Shoulders Tops
27 Head-and-Shoulders Tops, Complex
28 Horn Bottoms
29 Horn Tops
30 Island Reversals
31 Islands, Long
32 Measured Move Down
33 Measured Move Up
34 Pennants
35 Pipe Bottoms
36 Pipe Tops
37 Rectangle Bottoms
38 Rectangle Tops
39 Rounding Bottoms
40 Rounding Tops
41 Scallops, Ascending
42 Scallops, Ascending and Inverted
43 Scallops, Descending
44 Scallops, Descending and Inverted
45 Three Falling Peaks
46 Three Rising Valleys
47 Triangles, Ascending
48 Triangles, Descending
49 Triangles, Symmetrical
50 Triple Bottoms
51 Triple Tops
52 Wedges, Falling
53 Wedges, Rising
Part Two Event Patterns
54 Dead-Cat Bounce
55 Dead-Cat Bounce, Inverted
56 Earnings Surprise, Bad
57 Earnings, Good
58 FDA Drug Approvals
59 Flag, Earnings
60 Same-Store Sales, Bad
61 Same-Store Sales, Good
62 Stock Downgrades
63 Stock Upgrades
