Trade What You See: How To Profit from Pattern Recognition
$23.49
| Author(s) | , |
|---|---|
| Pages |
211 |
| Format |
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| Published Date |
2007 |
Trade What You See: How to Profit from Pattern Recognition by Larry Pesavento with Leslie Jouflas is a practical guide that teaches traders how to recognize and act upon recurring price patterns that reveal market psychology. Rather than relying on lagging indicators or complex theories, the authors emphasize a direct approach—analyzing the structure of price itself to uncover high-probability trading opportunities. This philosophy of “trading what you see” empowers traders to simplify decision-making and focus on clear, objective signals.
The book highlights the role of geometric patterns, Fibonacci ratios, and harmonic formations in forecasting market moves. Pesavento, a seasoned trader with decades of experience, and Jouflas, a professional educator and trader, combine their expertise to present a structured framework for identifying setups like Gartleys, butterflies, and AB=CD formations. Each pattern is explained with detailed charts and step-by-step guidance, showing how to apply these methods across multiple markets including equities, futures, and forex.
What sets this work apart is its focus on execution. The authors go beyond pattern recognition by teaching how to enter trades with confidence, place protective stops, and manage risk effectively. They also discuss the psychological discipline needed to trade patterns consistently, helping readers avoid the common mistakes of hesitation, overtrading, and ignoring risk controls.
The narrative is enriched with real-world examples, case studies, and practical exercises, making it a hands-on learning tool rather than a purely theoretical text. Readers gain the ability to develop their own trading plans, refine timing, and strengthen discipline by integrating pattern recognition into their existing strategies.
For both novice and experienced traders, Trade What You See offers a clear and actionable roadmap to using price patterns as a foundation for trading. Its blend of technical precision, practical application, and psychological insight ensures that readers not only learn to identify patterns but also to profit from them consistently.
Contents:
PART ONE – Introduction to Trading with Pattern Recognition
- Opening Thoughts
- Geometry of the Patterns and Fibonacci Ratios
- Harmonic Numbers and How to Use Them
PART TWO – The Price Patterns and How to Trade Them
- The AB=CD Pattern
- The Gartley “222” Pattern
- The Butterfly Pattern
- The Three Drives Pattern
- 8 Retracement Entries and Multiple Time Frames
- Classical Technical Analysis Patterns
- Learning to Recognize Trend Days
PART THREEÂ – Essential Elements of Trading
- Trade Management
- Using Options with the Fibonacci Ratios and Patterns
- Building a Trading Plan
- Daily Routines
Trade What You See: How To Profit from Pattern Recognition By Larry Pesavento, Leslie Jouflas PDF
9 reviews for Trade What You See: How To Profit from Pattern Recognition
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Giuliana McKay (verified owner) –
Nothing new, but if you are looking for a good book on gartley patterns and ideas on trading in general this is worth getting. The title is the key to trading. You just need to know what you are looking for.
Joey Berg (verified owner) –
Great book.
Cade Golden (verified owner) –
Best trading book I’ve ever bought. For two years I’ve been seeing these patterns every day, never knowing how to take advantage of them. He makes it extremely easy to understand and I am looking forward to being a better trader.
Emmalyn Mitchell (verified owner) –
Great book on Fx trading, the author tells it how it is. This might the only book worth reading if you want to trade forex as I have been told anything else out there is waste of time.
Dorothy Cabrera (verified owner) –
Larry Pesavento originated Pattern Recognition Trading. This book, along with his Fibonacci Ratios with Pattern Recognition (also available at Amazon) should be considered the Bible of Pattern Recognition Trading. I have been successfully using Larry’s ABCD; Gartley; Butterfly; and three drive patterns to trade all liquid markets. Harmonic and Vibratory Numbers are also covered in this book. Larry has also included many real examples of trading the patterns: including the entry, the “free” trade, and the exit. I strongly recommend this book to any technical trader who desires an excellent “edge”.
Kylie Quintana (verified owner) –
Larry Pesavento’s book is a very good book. I recommend it to many other traders looking for a way to remove all their indicators from the charts and strictly trade price action. Although, the book lacks detail about patterns, it is still a great book. I highly recommend Scott Carney’s books on the subject because they are more technical than this one. However, Larry presented us with an awesome chapter about money management and a trading plan.
Maeve Bravo (verified owner) –
I’ve followed Pesavento for years, and his market calls are right on the money — and he did it again calling the October 6th, 2008 week historic decline.
Genesis Tran (verified owner) –
This book is focused on several simple and easy chart patterns in combination with Fibonacci ratios. The material is presented clearly with pertinent examples making for an easy and clear reading. This information is blending well with prior price action studies I made and I feel that it added valuable tools to my trading skills.
Jaxon Wagner (verified owner) –
Good book breaking down the AB=CD. Ties in AB=CD, fibonacci, gartley and several other topics. I got some solid material out of this namely the Gartley stuff, the AB=CD. I also like to listen to his analysis on youtube, where he covers his analysis. Good book from a seasoned vet who was in the pits from the 70s to behind the desk now. He is well intentioned and the book itself can cover the whole gamut from methodology, psychology and risk management.