- ISBN13: 9781576603000
- Condition: NEW
- Notes: Brand New from Publisher. No Remainder Mark.
Product Description
Chart Patterns gives traders the first step toward applying charting, one of the oldest and most widely used tools in the market. Once a trader learns to recognize the patterns in charts,charting becomes a truly powerful technical analysis tool. Flags, head-and-shoulder patterns, double bottoms, and more are detailed to help the trader know when a breakout is coming or when a trend is continuing. The Bloomberg Market Essentials: Technical Analysis series covers the … More >>
#1 by Robert J. Tracy on May 27, 2010 - 5:01 pm
I am fortunate enough to receive 3 emails a day on average from Bruce’s co-authored daily technical market letter which I receive by being a VP at Morgan Stanley Smith Barney. I love his book and feel people who invest should purchase it. Bruce has had an excellent track record in real world implementation of his chart reading and interpretation. I have made clients some great trades by following Bruce’s calls. People who read this would help themselves if they open an account with a rep who follows and understands him, I highly recommend this book.
Rating: 5 / 5
#2 by Bocar Salamanta on May 27, 2010 - 7:51 pm
This book clearly shows Professor Kamich’s mastery of the subject. I must say I am privileged to have him as a professor of finance at Baruch College at the City University of New York. Prof. Kamich’s pragmatism is apparent in choosing the size of the book. The book is what the French call “Tout cuit”. A very small size and thin book which could be carried easily anywhere but yet has everything one needs to learn about chart patterns.
The work produced by Prof. Kamich in this book testifies to the experience accumulated from different scholar accomplishments (book written) and multiple responsible positions held (Vice President at Morgan Stanley Smith Barney’s Technical analysis Group and coauthors their flagship publication the Daily Technical Market Leader etc……). The book consists of thirteen chapters which begins by Why Study Patterns and ends with The Future of Chart Patterns which is a complete package of charts patterns. Throughout the book I can see again and again how sharp, precise coherent the author is and reminds me the man I have known in class. Remember one thing the author has been working on chart patterns since the late sixties.
Rating: 5 / 5
#3 by J. Pilling on May 27, 2010 - 9:49 pm
This is just a generic overview of chart patterns. The information in the book does talk about more recent events such as the Lehman collapse and the recession of 2008. For just about every chart there are 3 pages of long-winded explanations. The author doesnt bring up any new ideas or patterns. Most of the information can be found for free over at investopedia if you are willing to do a little digging.
Rating: 3 / 5
#4 by AvidReader on May 27, 2010 - 11:16 pm
I have read 4 books now on basic chart pattern interpretation(Magee’s book included) and this book is definitely a good one. I like reading books that I already know about just so I can see someone else view of teaching. This book is a current view on an old topic. The author brings to light a few things about the old chart patterns that some books have not included, mainly because of the age of the other books, times change and sometimes technical analysis changes with it.
I am currently in the search for the perfect first book to recommend to friends who want to learn to make money like me, I have yet to find that perfect first book. And this one just didn’t make the grade. This is on my list of second book to read, as it is definitely better than most beginner books I have read. But when I think of a beginner book I tend to think of questions to be answered like, “What is an OHLC chart?,” or, “How do you draw a trend line?” A little lesson, some chartists believe that you should draw a trend line from close-to-close and others believe that you draw from range-to-range, the author obviously follows the range way, most chartists these days do. These are just some very basic questions that were not answered in this book. The author seems to jump right into subjects like he is talking to someone who has read some of the older books(Which I have) and so for me this was a very pleasant read, I did walk away with a little bit better view on classic chart patterns than I had before(Don’t discount experience, books can’t do it all, but don’t discount books either).
So the search continues…
Rating: 5 / 5
#5 by D. N. Ivanoff on May 27, 2010 - 11:33 pm
Kamish wrote an interesting book and his chart reading is ok.
But in order to learn how to trade well you need a lot more and this is why i often recommend the books of Toby Crabel or Linda Raschke which actually may be out of print at this point. Both are real traders, and hedge fund managers. Kamish works for a big investment firm, so he is very constraint in how far he goes out to share his real secrets and i often feel he shares one side of the story while we never get to hear the other. Overall, good book. Still, check on Ebay or Amazon Crabel’s books for more full education on the topic.
Rating: 5 / 5