Chapter 1 : Encyclopedia of Candlestick Charts (ebook, PDF) von Thomas N. Bulkowski - Portofrei bei the In this revised and expanded second edition of the bestselling Encyclopedia of Chart Patterns, Thomas Bulkowski updates the classic with new performance statistics. Product Description Thomas N. Encyclopedia of Candlestick Charts also includes chapters that contain important discoveries and statistical summaries, as well as a glossary of relevant terms and a visual index to make candlestick identification easy. Bulkowski is a successful investor with over twenty-five years of experience trading stocks. On May 16,, I went shopping for a stock to buy and found one in the diversified chemicals aisle of the market. What caught my eye first was a consolidation pattern called a descending triangle. Descending triangles have a flat bottom and a downward-sloping top. I was looking for an upward breakout. The next pattern I noticed was the Big W. Eve bottoms are wide, rounded turns, unlike Adam bottoms, which are narrow, often pointedâ a single spike or two wide. Eve can have spikes like that shown at B, but the spikes are shorter and more numerous than what you see on Adam. The theory behind a Big W is that the right side will mimic the left and price will climb after that. The pattern that sealed the deal was the morning doji star candlestick. That candle pattern ended the day that price closed above the top of the descending triangle. My research said that the morning doji star is a highly reliable candle formation. Combined with additional analysis I did on the company, both fundamental and technical, the stock was a buy only if it gapped open higher. Because the next day the company was holding a conference call before the market opened to discuss earnings. A higher open would mean the market liked its story. Most was from acquisitions or currency translation. That means trading with the trend as soon as possible. The next day, I watched the stock open and price took off. In the first minute, it shot from the prior close of That left a tall white candle on the chart. Again, my research and knowledge of candles said that the body of a tall candle is often a support zone. So, I placed a buy order halfway down the body, at Sure enough, price turned down and nailed my buy order, filling most of it before moving up again. I had trouble fitting through the door because the smile on my face was so wide. Five minutes later, the remainder of the order filled. The next day a brokerage firm upgraded the stock and price moved higher still, this time up another 1. The following day price coasted upward 33 cents D. The height of the candle lines was diminishing, suggesting a trend change. In other words, upward price momentum was slowing. The candle pattern at D also resembled a shooting star, with a tall upper shadow and small body after an upward price trend. The day after D, I vowed that if the stock opened lower, I would sell. I thought of selling it all at the open but the futures market suggested a higher open for equities, so I decided to wait and see. Volume was thin in the stock but it opened lower, just as I expected. I timed the exit as best as I could and got out just before price plummeted. The candle that printed on the chart was a hanging man. That suggested more upside. If you want to replicate this trading setup, look for: Good industry relative strength. If the stocks in the industry are doing well, then the chances improve that this stock will do well, too. Better than expected earnings. Only price can tell you how much the market likes the results, so watch the stock after the announcement of earnings. If price gaps upward, buy immediately or wait for a retracement and then buy. A reason to buy the stock from a technical or fundamental perspective. Even if price does not explode higher at the open, it should do well in the coming weeks based on your analysis. I used an upward breakout from a descending triangle with a morning doji star inside a Big W pattern. The combination worked well but will be almost impossible to duplicate. The line a single price bar on the left is a white candle. This one shows the relative positions of the open, high, low, and close. Notice that the closing price is higher than the opening price. When that occurs, the body is white. On the right, the candle is black because price closed below the open. The upper shadow is hair growing from the top of the candle, and the lower shadow is a single leg dangling from the bottom of the candle. It may help to think of shadows as wicks. The key concept to remember is that a black candle shows a close below the open and a white candle shows a close above the open. A black candle does not show price closing lower than the previous day, nor does a white candle show a higher close than the day before. With this candle definition, you can have a stream of white candles in a declining price trend, and black candles forming a rising price trend. Page 1
Multiple candle lines along with variations in shadow and body length make up the many candle patterns. The Data I wrote a computer program to recognize all of the candlestick patterns in this book. With nearly five million candle lines to explore for each of over candle patterns, doing it manually was not an option. From the standard database I derive the frequency rank and prorate the number of times a particular candlestick pattern is found to determine whether it appears more often in bull or bear markets. Together they comprise almost five million candle lines price bars. I removed any duplicated candles between databases, and all four contain split-adjusted, clean data. The Price Trend Many candles have a defined price trend that leads to the start of the candle pattern. For example, a hanging man appears in an upward price trend, and a hammer appears in a downtrend. How do you determine the trend? I use a day exponential moving average as a starting point and season it with special rules to allow price trends of a day or two to override the result. The method is a bit complicated but it works well. It is, however, not perfect, but the large sample size I use helps compensate. Candle Performance How do you measure candle performance? Since candlestick patterns often lead to short-term moves, I used the closest minor high or low swing high or swing low, depending on the breakout direction, to gauge performance. The statistics in this book should be used to compare results from candle to candle, not as benchmarks of how well you will do tradingâ. Page 2
Chapter 2 : Books by Thomas Bulkowski Encyclopedia of Chart Patterns [Thomas N. Bulkowski] on theinnatdunvilla.com *FREE* shipping on qualifying offers. In this revised and expanded second edition of the. Encyclopedia of Candlestick Charts This book will be available sometime in Candlestick patterns are footprints of the smart money and deciphering those footprints properly can bring traders and investors riches. Encyclopedia of Candlestick Charts takes an in-depth look at candlesticks, from identification guidelines, to statistical analysis of their behavior, to detailed trading tactics. Never before has a book combined a comprehensive list of candlesticks with a statistical review of their performance This easy to read and use reference book follows the same format as the best-selling Encyclopedia of Chart Patterns. Behavior and Rank shows how each candle is theoretically supposed to work and how it actually does, with rankings against other candlesticks plus the psychology behind the pattern. Identification Guidelines describe what to look for. Statistics include the following tables: Trading Tactics discuss strategies to increase profits and minimize risk Sample Trade walks you through a hypothetical or actual trade using real data. Encyclopedia of Chart Patterns, Second Edition 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. It goes where no one has gone before. Bulkowski gives hard data on how good and bad the patterns are. From the Inside Flap The Encyclopedia of Chart Patterns, recognized as the premier reference on chart pattern analysis, extends its lead with this Second Edition. This definitive text includes new bull and bear market statistics, performance sorted by volume shape and trend, more than a dozen additional chart patterns, and a new section covering ten event patterns. He also shows you how to trade them and uses reliable statistics to back it all up. Translations into Simplified Chinese and German are pending. In his follow-up to the well-received Encyclopedia of Chart Patterns, Thomas Bulkowski gives traders a practical game plan to capitalize on established chart patterns. Written for the novice investor but with techniques for the professional, Trading Classic Chart Patterns includes easy-to-use performance tables, vivid case studies, and a scoring system that makes trading chart patterns simple. This comprehensive guide skillfully gives investors straightforward solutions to profitably trading chart patterns. Trading Classic Chart Patterns also serves as a handy reference guide for favorite chart patterns, including broadening tops, head-and-shoulders, rectangles, triangles, and double and triple bottoms. From the Inside Flap From the author of the Encyclopedia of Chart Patterns comes his latest work, Trading Classic Chart Patterns, a groundbreaking primer on how to trade the most popular stock patterns. Written for the novice investor but containing techniques for the seasoned professional, this comprehensive guide includes easy-to-use performance tables supported by statistical research. As your trading knowledge and experience increase, the "Trading Classic Chart Patterns" section will serve as a handy reference guide for your favorite chart patterns, including broadening tops, head-and-shoulders, rectangles, triangles, and triple tops and bottoms. How to use the price trend leading to a chart pattern as a gauge of future performance Why breakout gaps often improve performance-but by less than you think How tall formations perform substantially better than short ones What a partial decline is and how to buy in early for a larger profit Whether high breakout volume really improves performance How to identify horizontal consolidation regions that may stop prices dead in their tracks A new tool, called the horizon failure rate, to assess performance over time The scoring system makes trading chart patterns simple. Use the performance tables to score your stock pattern, then add up the scores. This book is an invaluable resource that provides the obvious answer-yes! Getting Started in Chart Patterns This paperback is as entertaining as it is informative. Filled with in-depth insights and practical advice, Getting Started in Chart Patterns is designed to help both new and seasoned traders profit by tracking and identifying specific chart patterns. Expert Thomas Bulkowski opens with a basic discussion of chart pattern formation and how bad habits can hurt trading. He then moves on to introduce over 40 key chart Page 3
formations as well as numerous trading tactics that can be used in conjunction with them. Readers will benefit from the specifics actual trades with dollar amounts outlined throughout the book and the frank discussions of how trading behavior can affect the bottom line. Combining objective analysis with a fictional element has resulted in a highly entertaining read, one that any trader will benefit from. I always do better in my own trading after reading a Bulkowski book. This is the practical, down-to-earth guidance you have been looking for in books on technical analysis. Nobody writes about chart work better than Bulkowski. It is his passion; it probably also will become yours after reading this book. A must for budding technicians! Book Corrections The publisher corrects the books as new printings occur. If you find a mistake, then contact me, Tom Bulkowski. Break-even failure rate rank for Rectangle Bottoms, down breakout. Rank should be 14, not And change Rectangles to Rectangle. Overall Rank changes from 12 to 11 and the others move up by 1 through Island Reversals, down breakout which has an overall rank of not 21 but Page, about a third of the way down. Page, Table 9. Page, Paragraph immediately below Table 9. Page 4
Chapter 3 : Encyclopedia of Chart Patterns By Thomas N. Bulkowski In this revised and expanded second edition of the bestsellingencyclopedia of Chart Patterns, Thomas Bulkowski updates theclassic with new performance statistics for. Closing Position Encyclopedia of Candlestick Charts Before I get to the slick marketing message, let me give you a few examples of how I use the information in my Encyclopedia of Candlestick Charts book. Imagine that price has been trending upward for 5 bars and you see a bearish engulfing candle pattern. If you then see price begin to falter, like it is thinking of reversing, you can exit the trade ahead of everyone else. Before I make a trade, I look at the probability of the candle acting as a reversal or continuation, and how far price can be expected to move once I am in the trade based on the candle height. That information is in my book, and it is well worth the cost of it. Let me give you another example. The upward target is A downward target is The current close is After a bumpy start, the stock moved up in a straight-line run to That is the kind of information you can get from my book, and that is how I put it to good use. It gives me an edge over other traders that do not have such information. In short, it helps me make money. Here is the slick marketing message: Candlestick patterns are footprints of the smart money and deciphering those footprints properly can bring traders and investors riches. Encyclopedia of Candlestick Charts takes an in-depth look at candlesticks, from identification guidelines, to statistical analysis of their behavior, to detailed trading tactics. Never before has a book combined a comprehensive list of candlesticks with a statistical review of their performance This easy to read and use reference book follows the same format as the best-selling Encyclopedia of Chart Patterns. Behavior and Rank shows how each candle is theoretically supposed to work and how it actually does, with rankings against other candlesticks plus the psychology behind the pattern. Identification Guidelines describe what to look for. Statistics include the following tables: Trading Tactics discuss strategies to increase profits and minimize risk Sample Trade walks you through a hypothetical or actual trade using real data. Endorsements from the book cover: Not only does Tom identify the best formations, he shows the practical way to trade each one. And, he puts the best results right in front, rather than playing hide-and-seek with the reader. I highly recommend it. His exhaustive and thorough research will give the reader an eye opener to help guide them in their trading decisions. This is a must-read edition of a high-caliber piece of trading literature for every trader who uses candlecharts. Tom has written a solid reference that can easily be used in coordination with other books in this exciting field. The Encyclopedia of Candlestick Charts is a reference that every technical analyst will want to own. Encyclopedia of Chart Patterns, Second Edition 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. From the Inside Flap The Encyclopedia of Chart Patterns, recognized as the premier reference on chart pattern analysis, extends its lead with this Second Edition. This definitive text includes new bull and bear market statistics, performance sorted by volume shape and trend, more than a dozen additional chart patterns, and a new section covering ten event patterns. He also shows you how to trade them and uses reliable statistics to back it all up. It goes where no one has gone before. Bulkowski gives hard data on how good and bad the patterns are. Bulkowski has taken an intelligent and thoughtful approach to producing a practical guide to understanding and trading chart formations. Praise for the first edition "Not since Edwards and Magee has someone put together so comprehensive an assemblage of market behavior expressed graphically. No chartist should be without this book. Encyclopedia of Chart Patterns. Dobson, President, Traders Press, Inc. Translations into Simplified Chinese and German are pending. In his follow-up to the well-received Encyclopedia of Chart Patterns, Thomas Bulkowski gives traders a practical game plan to capitalize on established chart patterns. Written for the novice investor but with techniques for the professional, Trading Classic Chart Patterns includes easy-to-use performance tables, vivid case studies, and a scoring system that makes trading chart patterns simple. This comprehensive guide skillfully gives investors straightforward solutions to profitably trading chart patterns. Trading Classic Chart Patterns also serves as a handy reference guide for favorite chart patterns, including broadening tops, Page 5
head-and-shoulders, rectangles, triangles, and double and triple bottoms. From the Inside Flap From the author of the Encyclopedia of Chart Patterns comes his latest work, Trading Classic Chart Patterns, a groundbreaking primer on how to trade the most popular stock patterns. Written for the novice investor but containing techniques for the seasoned professional, this comprehensive guide includes easy-to-use performance tables supported by statistical research. Page 6
Chapter 4 : Encyclopedia of Chart Patterns by Thomas N. Bulkowski Encyclopedia of Chart Patterns has ratings and 7 reviews. erjan said: a very fundamental but useless book! It's huge and very detailed, describing ev. Below you can read the reviews of the book and also submit your own review about Encyclopedia of Chart Patterns by Thomas Bulkowski. There are many statistics contained within the book, though it is lacking the vital statistics that tally with the Scientific Method. Being mathematically disposed, you may agree that the math contained within this book is subjective at best, as Aronson of Evidence Based TA says. You would probably be better off spending on an introduction to statistics book. The cover of the book I bought was red, so I am sure it is a more recent version of the manuscript. I actually decided to change and learn how to trade using bar charts, because I seem to like them a lot more. Candles do seem to work, but I see all kinds of candle signs I committed to memory all around the place. I bought the book on the recommendation from different professional traders and it brought me a good yield, and maybe it can for you too! And awesome bit of effort, this book is great! It would seem an engineer wrote this book it is so precise. It is full of nothing but facts! This is great to see in a place where there are so many useless books about stocks out there; I will definitely purchase his other works as well. I will write a few words about the author, as I feel it is due â Mr. Bulkowski is a morally upright person, and probably the most ethical in the trading community. Many other writers will use their books to try and sucker you in to buying into their services, subscriptions, and many other such things you do not need, Mr. Bulkowski would never do anything like that. He has a website that is absolutely free and the only thing for sale on it is his book. I believe it is that valuable and it is why if I could only have on trading book on chart patterns, this would be it. This book is merely trying to teach you to focus on patterns and volume, the essential keys to financial success. These statistics are not at all based off of a complete catalog and should be taken with a grain of salt because trends were not being considered at the time. Though a novice, with a bit of dedication and further reading, should be able to grasp the strategies lain down in this book, especially if they read portions about trading tactics and sample trade. I came here to this sector to see what other people thought about this text so that I could understand what everyone thought about it before I read it myselfâ but I found there were no reviews whatsoever, so reading and reviewing was left up to me. Chapter 5 : Encyclopedia of Chart Patterns Buch portofrei bei theinnatdunvilla.com Thomas theinnatdunvilla.comski - Encyclopedia of Chart Patterns Download. Chapter 6 : Thomas theinnatdunvilla.comski â Encyclopedia of Chart Patterns - Best Forex, Trading, Stoc Encyclopedia of Chart Patterns by Thomas N. Bulkowski,, available at Book Depository with free delivery worldwide. Chapter 7 : Encyclopedia of Chart Patterns by Thomas Bulkowski  Forex Book Discusses books written by internationally known author and trader Thomas Bulkowski, a leading expert on stock market chart patterns, event patterns, and candlesticks. Chapter 8 : Encyclopedia of Chart Patterns : Thomas N. Bulkowski : Buy a cheap copy of Encyclopedia of Chart Patterns (Wiley book by Thomas N. Bulkowski. Technical chart analysis has never been easy. It has, however, been. Chapter 9 : Encyclopedia of Chart Patterns (ebook, PDF) von Thomas N. Bulkowski - Portofrei bei theinnat Page 7
Encyclopedia Of Chart Patterns (Wiley Trading) Wiley Trading By Thomas N. Bulkowski Online. Book Details: Language: English Published Original Language Unknown, Isbn. Page 8