High-Probability Trade Setups: A Chartist�s Guide to Real-Time Trading

By Timothy Knight

A comprehensive volume of today's most profitable tradeset-ups

A key element of trading is identifying situations in thefinancial markets that can produce a profitable trade. Fundamentalanalysts search for situations where a stock is undervalued or if astock's prospective earnings growth is underestimated by a majorityof investors. Technical analysts look at patterns in the marketthat historically indicate the direction of the markets next move.High Probability Trade Set-Ups catalogs the best tradingsituations from a variety of technical approaches.

Engaging and informative, High Probability Trade Set-Upsprovides a detailed explanation of twenty powerful, recurringtradable situations in the financial markets. Each pattern isthoroughly described, including its strengths and drawbacks, easeof identification, and the degree to which it produces profitabletrades. Most importantly, the author provides entry and exit pointsfor each set up. Examples of the set-ups include chart patternssuch as ascending triangles, diamonds, gaps, pennants, andchannels.

Features many new technical tools for tracking individualstocksContains a resource guide, which will help to monitor themarket for the trade set-ups discussed throughout the bookReveals how to use ProphetCharts to perform advancedintermarket technical studies and identify the bestopportunities

Written in a straightforward and accessible style, HighProbability Trade Set-Ups covers a lot of ground with respectto this approach and shows you how to use it to make the most ofyour time in today's dynamic markets.

• Format: Hardcover
• Language: English
• ISBN: 1118022254
• ISBN13: 9781118022252
• Release Date: October 2011
• Publisher: Wiley
• Length: 368 Pages
• Weight: 1.90 lbs.
• Dimensions: 1.2" x 7.4" x 10.2"