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Description:

Michael Harris does it again! One year after his first best seller, Short-Term Trading with Price Patterns, his second and long awaited books, specifically written for stock traders, is finally out! This new book describes the complete theory Michael Harris has developed for using price patterns and its application to stock trading. Amongst other you will find:

• How to analyze patterns and use them in developing trading rules
• How to discover patterns using visual and automated techniques
• How to build trading system models using price patterns, back-test them and use them in automated or manual fashion
• Advanced trading techniques for position and risk management
• An introduction to a new indicator based on price patterns, the p-Indicator
• An in-depth discussion of money management
• A library of fully documented and back-tested price patterns

Never before such an extensive treatment of the subject of price patterns has been put in a single publication. In addition, the reader is presented with useful insight on the subjects of trading time frames, trading system modeling and back-testing. The book is packed with useful information that all traders should have a chance to read it.

Contents:

• SECTION ONE: Setting the Foundation
  • Chapter 1: Background
    • A Few Notes on Patterns Trading
    • A Few Remarks on Trading Time
    • Frames and Techniques
  • Chapter 2: Definitions
    • Example: the N-V Pattern
  • Chapter 3: Pattern Types
  • Chapter 4: Pattern Analysis
    • The Need for Well Defined
    • Trading Rules
    • Describing the Trading Rules
    • Defining the Entry Points
    • Establishing the Profit Target and Stop Loss
    • Performance Analysis
    • Examples
      • The Gamma Pattern
      • The Lambda Patter
• SECTION TWO: Discovering Stock Patterns
  • Chapter 5: Visual Search Techniques
    • Visual Search Example: The 3L-R Pattern
  • Chapter 6: Automatic Pattern Search
    • The Combinatorial Pattern
    • Formation Method (CPF)
    • Example of the CPF Method
    • The Exhaustive Pattern Search Method (EPS)
    • Example of the EPS Method
  • Chapter 7: Daily Pattern Identification
    • Example of the DPI Method
    • The p-Indicator
• SECTION THREE: Trading Methods and Systems Based on Price Patterns
  • Chapter 8: Manual Trading Techniques
    • A Manual Trading Method
  • Chapter 9: Trading System Modeling
  • Chapter 10: Trading System Back-testing
  • Chapter 11: Putting Patterns to Work
    • Developing a Pattern Combination Model (PCM)
    • Using a Trading Model
    • Example of a Trading report
    • The Next Day Projection (NDP)
  • Chapter 12: Advanced Patterns Trading
    • Successive Patterns
    • Coincident Patterns
    • Pattern Cluster
    • Trend Following with Price Pattern
    • Pattern Groups and Sub-groups
  • Chapter 13: Money Management
    • Determination of Initial trading Capital
• SECTION FOUR: Pattern Library
  • Chapter 14: Pattern Library Conventions
  • Chapter 15: Stock Patterns
    • N-V Pattern
    • Gamma Pattern
    • Lambda
    • Down-5C Pattern
    • OBB Pattern
    • GAP-2H Pattern