The 7 Chart Patterns That Consistently Make Money

by Ed Downs

"After studying the markets for 20+ years, I have come down to these 7 patterns as the key predictors of direction, in any market . . .if you confirm your entries with these simple patterns, you'll be light years ahead of the average investor."-Ed Downs, CEO and Founder, OmniTrader by Nirvana SystemsIt's a fact: The most successful traders use technical analysis and chart patterns almost exclusively. Why? Because chart patterns work. They consistently-and accurately-help determine when to get in and out of the market for maximum profit-taking and loss avoidance. But which patterns should you use? Which are the most effective?OmniTrader founder Ed Downs now reveals the 7 best choices in his concise, powerful new booklet. Downs cuts to the chase, paring the list down to the most potent, consistently on-target chart patterns you need to know-whether you're an active trader or occassional investor.Plus-Downs shares simple, surefire steps for...- Determining market direction- Recognizing-and benefiting from-winning chart patterns- Mastering money management techniques-including setting Profit Targets, Stop Loss levels and Risk: Reward ratios for every trade- Making Support & Resistance, Trendlines, Gaps, Fibonacci Retracements-and other amazing technical analysis tools easy to implementIt's a compact, to-the-point guide from the award-winning OmniTrader developer.

92 pages, Paperback

First published July 1, 2000

Reviews

[Aiman Adlawan · Rating 3 out of 5]

There are some techniques that you can use on how to trade in the stock market. This book provides you some simple tools on how to use charts patterns.

[David · Rating 2 out of 5]

Mostly written to market his service. Way too simple to use, although a starting tool for further study. A total lack of depth is held within these few pages......And, those he chose 7 chart patterns, I find that there are a lot better ones than contained within this "book". Since the publishing date is not included with the book, I just put down this year, as I was cleaning out my bookshelf. I'm sure I must have gotten this as a freebie with some offer.....