Trading Between the Lines: Pattern Recognition and Visualization of Markets Pattern Recognition and Visualization of Markets

Insights into a pattern-based method of trading that can increase the likelihood of profitable outcomes

While most books on chart patterns, or pattern recognition, offer detailed discussion and analysis of one type of pattern, the fact is that a single pattern may not be very helpful for trading, since it often does not give a complete picture of the market.

What sets Trading Between the Lines apart from other books in this area is author Elaine Knuth's identification of sets of patterns that give a complete analysis of the market. In it, she identifies more complex chart patterns, often several patterns combined over multiple time frames, and skillfully examines these sets of patterns called "constellations" in relation to one another. These constellations turn sets of individual patterns into a more manageable set of patterns, where the relationship between them can lead to tactical trading opportunities.
* Shows how to apply complex patterns to specific trades and identify opportunities as well entry and exit points
* Markets covered include commodities, equities, and indexes
* Presents an effective trading approach based on real market cycles-as opposed to computer simulations-that are found in active markets


Moving beyond the simple identification of basic patterns to identifying pattern constellations, this reliable resource will give you a better view of what is really going on in the market and help you profit from the opportunities you uncover.

What sets apart Trading Tactics is the author's identification of sets of patterns to get a complete analysis of the market. She identifies more complex chart patterns, often several patterns combined over multiple time frames. The author examines these sets of patterns (called "constellations") in relation to each other. These pattern clusters, or constellations, turn the set of individual patters into a more manageable set of patterns where the relationship between the clustered patterns are highlighted and lead to tactical trading opportunities. The book also shows how to apply these complex patterns to specific trades: opportunity identification, entry, management, and exit. This is not a trading system but rather a pattern-based method that can increase the likelihood of a positive trading outcome. The method is based on real market cycles (as opposed to computer simulations) that are found in active markets, and the illustrations are based on actual market conditions. Markets covered include commodities, equities, and indexes. The author will add two more chapters: one on another constellation and one on backtesting. There are two writing samples on the server. One is excerpts only from an early draft of the book. The other is the polished "President's Report to Colleagues" in the IFTA newsletter.

Insights into a pattern-based method of trading that can increase the likelihood of profitable outcomes While most books on chart patterns, or pattern recognition, offer detailed discussion and analysis of one type of pattern, the fact is that a single pattern may not be very helpful for trading, since it often does not give a complete picture of the market. What sets Trading Between the Lines apart from other books in this area is author Elaine Knuth's identification of sets of patterns that give a complete analysis of the market. In it, she identifies more complex chart patterns, often several patterns combined over multiple time frames, and skillfully examines these sets of patterns called "constellations" in relation to one another. These constellations turn sets of individual patterns into a more manageable set of patterns, where the relationship between them can lead to tactical trading opportunities. Shows how to apply complex patterns to specific trades and identify opportunities as well entry and exit points Markets covered include commodities, equities, and indexes Presents an effective trading approach based on real market cycles-as opposed to computer simulations-that are found in active markets Moving beyond the simple identification of basic patterns to identifying pattern constellations, this reliable resource will give you a better view of what is really going on in the market and help you profit from the opportunities you uncover.