Chart Pattern Book
Profitable Chart Patterns in Forex and Stock Market
Subtitle: Fibonacci Analysis, Harmonic Pattern, Elliott Wave, and X3 Chart Pattern
Author: Young Ho Seo
This is a book for chart patterns like Support Resistance, Fibonacci Analysis, Harmonic Pattern, and Elliott Wave, which can predict the turning point in the financial market. This book provides the introductory guide for Forex and Stock market trading with these price patterns. The patterns covered in this book include Fibonacci Price Patterns, Harmonic Patterns, Elliott Wave, and X3 Chart Patterns. We provide one unified scientific framework over these chart patterns with some practical examples. This book also provides the detailed description on both geometric and numerical support and resistance in the special chapter. At the end of the book, we provide you the several practical tutorials to help your understanding with these chart patterns. Each chapter provides the self-testing questions to ensure your understanding except few chapters. If you want to read my other two books including “Guide to Precision Harmonic Pattern Trading” and “Scientific Guide to Price Action and Pattern Trading”, I recommend to read this book first because this is an introductory book.
About the Book
In the book, we provide several practical tutorials as below:
- Tutorial with Peak Trough Analysis
- Tutorial with X3 Price Pattern in Excel Spreadsheet
- Tutorial for Chart Patterns
These tutorials can be a great help in understanding the book. If you need, then you might go for these tutorials first before reading this book. Especially, we provide the free application for Tutorial for Chart Patterns. Direct Download for this application is available from the link below:
www.algotrading-investment.com/FreeDownload/ChartPatternsTutorial.zip
Self-training questions in each chapter have time limit to answer. When you read this book for the first time, prepare stopwatch and strictly follow the time guideline. Please do not check answer at the back before you attempt to answer all the questions in the book. In addition, 80% is considered as pass for each chapter. When you attempt to calculate, you can use either Excel or calculator. You might need pencils and papers to draw some patterns in the questions too.
Download Peak Trough Analysis Indicator
In the book, we provide some exercise on manual pattern detection. For manual detection of patterns, you need to use Peak Trough Analysis tool. We provide Peak Trough Analysis Tool for free of charge for this book. Here is the download link for the free version of Peak Trough Analysis. Please download Peak Trough Analysis before reading this book. In addition, we provide the practical MetaTrader tutorial with Peak Trough Analysis at the end of this book.
1) MetaTrader 4 Version of Peak Trough Analysis
www.mql5.com/en/market/product/23797
2) MetaTrader 5 Version of Peak Trough Analysis
www.mql5.com/en/market/product/22420
3) Peak Trough Analysis from Algotrading-Investment.com
www.algotrading-investment.com/portfolio-item/peak-trough-analysis-tool
In addition, Optimum Chart provides its own Peak Trough Analysis tool. Hence, you do not need to download Peak Trough Analysis if you are the Optimum Chart User. We also provide the Excel and VBA version of Peak Trough Analysis for free. Please check the Chapter: Algorithm and Prediction for Artificial Intelligence, Time Series Forecasting, and Technical Analysis for the download link for this free tool. Even non-MetaTrader users can practice Peak Trough Analysis.
Table of Contents
1. Turning Point and Trend (Questions)
2. Patterns are Good Predictor of Turning Point (Questions)
3. Profitable Patterns in the Financial Market (Questions)
4. Insignificant, Minor and Major Turning Points (Questions , Repainting and Dynamic Update)
5. Defining Profitable Patterns (Questions)
6. Fibonacci Price Patterns (Questions)
6.1 Introduction to Fibonacci Price Pattern
6.2 Structure of Fibonacci Price Patterns
6.3 Detecting Fibonacci Price Patterns
6.4 Trading with Fibonacci Price Patterns
7. Harmonic Patterns
7.1 Introduction to Harmonic Pattern
7.2 Structure of Harmonic Patterns
7.3 Detecting Harmonic Patterns
7.4 Trading with Harmonic Patterns
8. Elliott Wave Patterns
8.1 Introduction to the Wave Principle
8.2 Elliott Wave Perspective of Triangle and Wedge Pattern
8.3 Structure of Elliott Wave Patterns
8.4 Detecting Elliott Wave Patterns
8.5 Trading with Elliott Wave Patterns
9. X3 Price Patterns
9.1 Introduction to the X3 Price Patterns
9.2 Structure of X3 Price Patterns
9.3 Detecting X3 Price Patterns
9.4 Trading with X3 Price Patterns
10. Trading with Profitable Patterns
11. Risk Management with Profitable Patterns (Questions)
11.1 Position Sizing Techniques
11.2 Reward/Risk Ratio in your trading
11.3 Breakeven Success (or win) Rate
11.4 Know Your Profit Goal Before Your Trading
11.5 Compounding Profits
12. Support and Resistance
12.1 Support and Resistance derived from Fractal Wave
12.2 Support and Resistance with Non-Fractal Wave Origin
12.3 Increase Success rate of Profitable Patterns with Support and Resistance
13. Tutorial with Peak Trough Analysis
13.1 Loading Peak Trough Analysis indicator to Your Chart
13.2 Working with Fibonacci Retracement in Your Chart
13.3 Working with Fibonacci Expansion in Your Chart
14. Tutorial with X3 Price Pattern in Excel Spreadsheet (X3 Chart Pattern Framework)
14.1 Calculating the Fibonacci Retracement Ratio in Microsoft
14.2 Calculating the Fibonacci Expansion Ratio in Apple
14.3 Detecting AB=CD pattern in Facebook
15. Tutorial for Chart Patterns
16. Algorithm and Prediction for Artificial Intelligence, Time Series Forecasting, and Technical Analysis
17. References
18. Answers to Self-Training Questions
Book Distributor
Just click link below to purchase our book from other Reputable Distributors. Use one of this reliable distributor to buy our eBooks.
Also you can visit this link to view all the distributors of our EBook:
https://books2read.com/u/m0rgOW
