Trading Between the Lines: Pattern Recognition and Visualization of Markets

✍ Scribed by Elaine Knuth(auth.)

• Year: 2011
• Tongue: English
• Leaves: 227
• Category: Library

✦ Synopsis

Insights into a pattern-based method of trading that can increase the likelihood of profitable outcomes

While most books on chart patterns, or pattern recognition, offer detailed discussion and analysis of one type of pattern, the fact is that a single pattern may not be very helpful for trading, since it often does not give a complete picture of the market.

What sets Trading Between the Lines apart from other books in this area is author Elaine Knuth's identification of sets of patterns that give a complete analysis of the market. In it, she identifies more complex chart patterns, often several patterns combined over multiple time frames, and skillfully examines these sets of patterns called "constellations" in relation to one another. These constellations turn sets of individual patterns into a more manageable set of patterns, where the relationship between them can lead to tactical trading opportunities.

• Shows how to apply complex patterns to specific trades and identify opportunities as well entry and exit points
• Markets covered include commodities, equities, and indexes
• Presents an effective trading approach based on real market cycles-as opposed to computer simulations-that are found in active markets

Moving beyond the simple identification of basic patterns to identifying pattern constellations, this reliable resource will give you a better view of what is really going on in the market and help you profit from the opportunities you uncover.Content:
Chapter 1 Perception and Pattern: How Mindset Affects Understanding and Action (pages 1–17):
Chapter 2 Visualizing the Concept of What Makes a Price (pages 19–36):
Chapter 3 An Upside Reversal (pages 37–60):
Chapter 4 A Downside Reversal (pages 61–90):
Chapter 5 Price and Repeating Order (pages 91–114):
Chapter 6 Into the Valley of the Kings and the Place of Truth: Pattern Concepts to Enter a Market on the Run (pages 115–131):
Chapter 7 Market Weather: The Quiet before the Storm and the Lightning Bolt—Patterns Signaling an Unexpected Move (pages 133–161):
Chapter 8 Inside Market Cycles (pages 163–186):
Chapter 9 Managing Risk with Applied Trading Tactics (pages 187–212):