Success in technical analysis is all about recognizing, and quickly acting on, patterns of market behavior. Pattern Recognition and Trading Decisions shows active traders how to realize when a pattern is developing, distinguish between a genuine pattern and a misleading series of events, and apply this recognition for success in specific trading situations.

A how-to guide that steers clear of difficult calculations and formulas, this dynamic book--from an author tabbed "far ahead of anyone else" by technical analysis guru Martin Pring--is destined to be on the desktop of every serious technical trader.

"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.

It is the first book to integrate today's wide range of available trading strategies and tools into a unified program incorporating investor psychology and market behavior, fundamental and technical analysis, contrarianism, and more. Steering clear of difficult calculations and formulas to focus on proven techniques, this in-depth investing guide will enhance your ability to Make use of cobweb theory to first understand how price relates to supply, demand, and expectation, and to then profit onthe peaks and troughs of these cycles.

About Chris Satchwell
Chris Satchwell is the chief economist for Recognia, a Web-based chart analysis provider for online brokers, including E-Trade.

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