Chris Satchwell – Pattern Recognition & Trading Decisions

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Chris Satchwell – Pattern Recognition & Trading Decisions

SIZE 4.2 MB

• Publisher:McGraw-Hill Professional; Har/Cdr edition (1 Nov. 2004)
• Language:English
• ISBN-10:0071434801
• ISBN-13:978-0071434805

Pattern Recognition and Trading Decisions shows how to recognize the many types of patterns that exist, and also how to distinguish a genuine pattern from a misleading one

What separates this book from many other books on technical analysis is that the author shows how to verify a pattern using several different and statistically independent perspectives, thus increasing the likelihood that the pattern is valid. Once a pattern is recognized and verified, trading decisions become more certain, leading to easier and more effective trading.

Verification from several perspectives requires a broad awareness of many techniques of technical analysis, and the author covers this diversity quite effectively by supplying an overview of a variety of trading decision tools and methods.

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