Kamich’s Chart Patterns is the perfect resource for those not yet using candlesticks and for those who are. Whether you use Nison candlesticks or bar charts, the tactics and strategies you use in the market should be clear, and Kamich does a great job of detailing them. While candlesticks (if properly used) excel at giving reversals, they do not give price targets. And using price patterns is a prime way we determine targets for our clients.
Price is a fact. And price leaves patterns. This wonderful book, written by Bruce Kamich, will give the reader insights into what investors are really doing by identifying and following their buying and selling patterns. Learn about the pioneers who identified these patterns and where they typically form during a stock’s normal life-cycle. Chart Patterns takes us through the thought process an analyst or trader should use. Kamich looks at myriad patterns, illustrating how they work, when they work, how to use them, and what to do when they don’t work. Any serious student of trading and investing will benefit from this methodical study of chart patterns.
In these days of computer-aided technical analysis, we often forget the basics. Worse yet, many plunge in without ever learning them, only to wonder later why they are having trouble. Complexity and speed are now the name of the game, but underlying modern technical analysis there are a few valuable patterns that have stood the test of time, patterns that depict the basic market mechanism at work. For those who want to understand what is going on and who want to hear the message of the markets, Mr. Kamich’s exposition of these core TA patterns will prove invaluable.
Contents:
- Why Study Patterns?
- The Past: 1910–1960
- The Present
- Major Tops
- Major Bottoms
- Triangles, Boxes, and Rectangles
- Flags
- Pennants
- Wedges
- Odds and Sods
- Keep Your Seat Belts Fastened : Reversals Ahead
- Gaps
- The Future of Chart Patterns
Chart Patterns By Bruce Kamich pdf
