Trade Chart Patterns Like the Pros is basically an encyclopedia of everything technical analysis. The book has more than 60 different unique and common patterns explained in detail; the greater majority with a focus on day trading.
Don’t read this book – MAKE MONEY WITH IT! There are hundreds of Technical Analysis books and only a handful will ever help you make enough successful trades to recover the purchase price. Trade Chart Patterns Like The Pros by Suri Duddella is one of those rare opportunities to build a base of knowledge that can take you further each time you trade.
Like the Chinese proverb that says, “Give a man a fish and you feed him for a day. Teach a man to fish and you feed him for a lifetime.” Suri has laid out an indispensable tome on trading chart patterns based upon his real-life experiences in a format that will work well for the spectrum of investors – from novice to expert.
Unlike the ‘encyclopedias’ you can find on this unbelievably deep and complex subject, Trade Chart Patterns Like The Pros stays focused and does not overwhelm you with mathematical statistics and technical jargon that will surely turn you off.
Instead, Suri’s ‘trader-sense’ perspective helps you identify a pattern and apply the relevant techniques to enter, manage and exit the trade. Each of his 65 patterns includes a brief synopsis written in plain English and an actual chart to reinforce the concept, not a conveniently drawn perfect example that never occurs in real life.
Trade Chart Patterns Like the Pros provides a universal resource for 65 of the most common scenarios that you will run into regardless of your investing time frame (intraday to weeks at a time) and your preferred financial instrument. It’s not enough to recognize a pattern; you need to understand the key elements of the trade and how to make it work for ‘long’ and ‘short’ positions. Suri explains the setup and then provides the entry point triggers as well as an exit strategy with targets for profitable trades and stops to minimize any losses.
- CHART TYPES
- BAR GROUPS
- HARMONIC PATTERNS
- GEOMETRIC PATTERNS
- TOPS AND BOTTOMS
- EXOTIC PATTERNS
- EVENT PATTERNS