Product Description

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 today’s trading and uses statistics to back up his approach. This comprehensive new edition is a must–have reference if you′re a technical investor or trader. Place your order today.

"The most complete reference to chart patterns available. It goes where no one has gone before. Bulkowski gives hard data on how good and bad the patterns are. A must–read for anyone that′s ever looked at a chart and wondered what was happening."
–– Larry Williams, trader and author of Long–Term Secrets to Short–Term Trading

Product Details

• Amazon Sales Rank: #75096 in Books
• Published on: 2005-05-24
• Original language: English
• Number of items: 1
• Binding: Hardcover
• 1032 pages

Perry Kaufman, Author of Trading Systems and Methods, Third Edition
"A great achievement that fills a void for everyone who uses charts. Bulkowski has taken an intelligent and thoughtful approach to producing a practical guide to evaluating chart formations."

John Sweeney, Interim Editor, Technical Analysis of Stocks & Commodities
"Not since Edwards and Magee has someone put together so comprehensive an assemblage of market behavior expressed graphically. That you also get a solid statistical assessment of the results of these chart formations is an unexpected and invaluable bonus. No chartist should be without this book."

Edward D. Dobson, President, Traders Press Inc
"Encyclopedia of Chart Patterns is a book I have wanted to see published for many years. It brings together the patterns found in many diverse charting methods and adds the valuable dimension of performance statistics, trading tactics, and behavioral characteristics of each pattern. It is a valuable contribution to existing literature on charting and should be considered an indispensable reference by any serious chart trader."

Customer Reviews

Great book
Bulkowski did the great job by writing this book. You will find 52 patterns, sorted, listed and analyzed correctly and usefuly in 672 pages. Great thing are his advices on strategy, not only data and tables. But the best thing in book is the index with small "icon" preview of each pattern and tables wich sort patterns in different ways, like largest likely retrace, smallest failure rate, highest average rise, top ten performing (bull./bear.) patterns... You must have it.

Indispensable guide for any trader
An absolutely outstanding book that covers the whole breadth of chart formations. It is a rarity amongst trading books in that whilst most other books are content to give you a view as to whether something is 'bearish' or 'bullish', this book actually tells you what percentage of formations are likely to be successful. It also gives clear identification guidelines for each formation. It is very well organised. Whilst a little pricey, I think it is a must for every serious investor interested in increasing his/her probability of success.

essential to own - even more so than Edwards & MaGee !
I have read many books from the library on charts, but this is book is the one which it is essential to own - even more so than Edwards & MaGee ! One of the main dangers with charting is imagination - trying so hard to see patterns that you stretch the chart to fit what you would like to see. Bulkowski has analysed chart patterns using a computer, which means that he had to define the patterns with complete clarity. For each pattern he has a full definition which will leave you in no doubt as to whether your stock chart fits the pattern or not. If it does then he has precise statistics as to how often it works or fails, and Trading Tactics listing the various ways of using such a pattern once you have found it. This is far cry from all other charting books I have seen. For example, O'Neil's book 'How to make money in Stocks' makes much of the cup-and-handle formation, but I always found that his definition, spread over several pages, and his examples difficult to translate into reality. Bulkowski shows why - one of O'Neil's examples doesn't actually fit O'Neil's own definition. Bulkowski has therefore had to define the formation more precisely and then the statistics apply to this, more precise, definition. If you are new to charting then Edwards & MaGee is a good start, but R.Schabacker 'Technical Analysis and Stock Market Profits' (the book from which E & M drew their material) is better. Once you have taking charting on board then you will want to refer to Bulkowski's book over and over again.