Overview
Insights into a pattern-based method of trading that can increasethe likelihood of profitable outcomes
While most books on chart patterns, or pattern recognition,offer detailed discussion and analysis of one type of pattern, thefact 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 otherbooks in this area is author Elaine Knuth's identification of setsof patterns that give a complete analysis of the market. In it, sheidentifies more complex chart patterns, often several patternscombined over multiple time frames, and skillfully examines thesesets of patterns called "constellations" in relation to oneanother. These constellations turn sets of individual patterns intoa more manageable set of patterns, where the relationship betweenthem can lead to tactical trading opportunities.
- Shows how to apply complex patterns to specific trades andidentify opportunities as well entry and exit points
- Markets covered include commodities, equities, and indexes
- Presents an effective trading approach based on real marketcycles-as opposed to computer simulations-that are found in activemarkets
Moving beyond the simple identification of basic patterns toidentifying pattern constellations, this reliable resource willgive you a better view of what is really going on in the market andhelp you profit from the opportunities you uncover.
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