Meditation on Brahman

I am a very active technical options investor. This is one of the most useful books in my library. It's most significant value is that it actually provides statistics on the historical performance of each candlestick pattern. These are backed up with raw data (counts, percentages) he found, and includes many other metrics. I was originally surprised at some of the very popular patterns that actually have little more than even odds of predicting direction. In addition it provides a detail explanation of the patterns, with examples, and how they are best used. Encyclopedia of Candlestick Charts......Page 7 Contents......Page 11 Preface......Page 17 Acknowledgments......Page 21 Introduction......Page 25 What Are Candlesticks?......Page 27 The Data......Page 28 Candles Post Breakout......Page 29 Results of Others......Page 30 Don’t Write This Book......Page 31 A Number of Candles Do Not Work as Expected......Page 32 An Unusually Tall Candle Often Has a Minor High or Minor Low Occurring within One Day of It......Page 33 Gaps Don’t Work Well as Support or Resistance Zones......Page 35 Opening Gap Confirmation Gives the Best Entry Signal......Page 36 Candles with Long Bodies Sometimes Show Support or Resistance......Page 37 Tall Candles Outperform Short Ones......Page 38 Trade Bearish Candles in a Falling Primary Trend......Page 39 Candle Volume Is a Poor Predictor of Performance Except for Breakout Volume......Page 41 More Candles Appear within a Third of the Yearly High than Elsewhere in the Yearly Trading Range......Page 42 Where Price Closes in the Last Candle Line of the Pattern Helps Determine Performance......Page 43 Overall Rank......Page 44 Reversals: Bull Market......Page 45 Reversals: Bear Market......Page 46 Continuations: Bear Market......Page 47 Performance after 10 Days: Bear Market/Up Breakouts......Page 48 Performance after 10 Days: Bull Market/Down Breakouts......Page 49 Performance after 10 Days: Bear Market/Down Breakouts......Page 50 Behavior and Rank......Page 51 Identification Guidelines......Page 52 Statistics......Page 53 Trading Tactics......Page 56 Sample Trade......Page 59 For Best Performance......Page 60 Identification Guidelines......Page 62 Statistics......Page 64 Trading Tactics......Page 67 Sample Trade......Page 69 For Best Performance......Page 72 Behavior and Rank......Page 73 Identification Guidelines......Page 74 Statistics......Page 75 Trading Tactics......Page 78 Sample Trade......Page 80 For Best Performance......Page 82 Behavior and Rank......Page 84 Identification Guidelines......Page 85 Statistics......Page 86 Trading Tactics......Page 89 Sample Trade......Page 91 For Best Performance......Page 92 Behavior and Rank......Page 94 Identification Guidelines......Page 95 Statistics......Page 96 Trading Tactics......Page 99 Sample Trade......Page 100 For Best Performance......Page 103 Behavior and Rank......Page 104 Statistics......Page 105 Trading Tactics......Page 108 Sample Trade......Page 111 For Best Performance......Page 112 Identification Guidelines......Page 113 Statistics......Page 114 Trading Tactics......Page 117 Sample Trade......Page 119 For Best Performance......Page 121 Behavior and Rank......Page 122 Identification Guidelines......Page 123 Statistics......Page 124 Trading Tactics......Page 127 Sample Trade......Page 130 For Best Performance......Page 131 Behavior and Rank......Page 132 Identification Guidelines......Page 133 Statistics......Page 134 Trading Tactics......Page 136 Sample Trade......Page 139 For Best Performance......Page 140 Behavior and Rank......Page 142 Identification Guidelines......Page 143 Statistics......Page 144 Trading Tactics......Page 147 Sample Trade......Page 149 For Best Performance......Page 150 Behavior and Rank......Page 151 Identification Guidelines......Page 152 Statistics......Page 153 Trading Tactics......Page 155 Sample Trade......Page 158 For Best Performance......Page 159 Behavior and Rank......Page 161 Identification Guidelines......Page 162 Sample Trade......Page 163 Behavior and Rank......Page 165 Identification Guidelines......Page 166 Sample Trade......Page 167 Behavior and Rank......Page 170 Identification Guidelines......Page 171 Statistics......Page 172 Trading Tactics......Page 174 Sample Trade......Page 175 For Best Performance......Page 177 Behavior and Rank......Page 178 Identification Guidelines......Page 179 Statistics......Page 180 Sample Trade......Page 183 For Best Performance......Page 185 Identification Guidelines......Page 186 Statistics......Page 188 Trading Tactics......Page 190 Sample Trade......Page 191 For Best Performance......Page 193 Behavior and Rank......Page 194 Identification Guidelines......Page 195 Statistics......Page 196 Trading Tactics......Page 198 Sample Trade......Page 199 For Best Performance......Page 201 Behavior and Rank......Page 202 Identification Guidelines......Page 203 Trading Tactics......Page 205 Behavior and Rank......Page 206 Identification Guidelines......Page 207 Statistics......Page 208 Trading Tactics......Page 211 Sample Trade......Page 213 For Best Performance......Page 214 Behavior and Rank......Page 215 Identification Guidelines......Page 216 Statistics......Page 218 Trading Tactics......Page 221 Sample Trade......Page 222 For Best Performance......Page 224 Behavior and Rank......Page 226 Identification Guidelines......Page 227 Statistics......Page 228 Trading Tactics......Page 230 Sample Trade......Page 232 For Best Performance......Page 233 Behavior and Rank......Page 235 Statistics......Page 236 Trading Tactics......Page 240 Sample Trade......Page 242 For Best Performance......Page 243 Behavior and Rank......Page 245 Identification Guidelines......Page 246 Statistics......Page 247 Trading Tactics......Page 250 Sample Trade......Page 252 For Best Performance......Page 253 Behavior and Rank......Page 254 Identification Guidelines......Page 255 Statistics......Page 256 Trading Tactics......Page 258 Sample Trade......Page 260 For Best Performance......Page 261 Behavior and Rank......Page 263 Identification Guidelines......Page 264 Statistics......Page 265 Trading Tactics......Page 267 Sample Trade......Page 269 For Best Performance......Page 270 Behavior and Rank......Page 272 Identification Guidelines......Page 273 Statistics......Page 274 Trading Tactics......Page 277 Sample Trade......Page 278 For Best Performance......Page 280 Identification Guidelines......Page 281 Statistics......Page 283 Trading Tactics......Page 285 Sample Trade......Page 287 For Best Performance......Page 288 Behavior and Rank......Page 290 Identification Guidelines......Page 291 Statistics......Page 292 Trading Tactics......Page 295 Sample Trade......Page 297 For Best Performance......Page 299 Behavior and Rank......Page 300 Identification Guidelines......Page 301 Statistics......Page 302 Trading Tactics......Page 305 Sample Trade......Page 306 For Best Performance......Page 308 Behavior and Rank......Page 309 Identification Guidelines......Page 310 Behavior and Rank......Page 313 Identification Guidelines......Page 314 Statistics......Page 315 Trading Tactics......Page 318 Sample Trade......Page 321 For Best Performance......Page 322 Behavior and Rank......Page 323 Identification Guidelines......Page 324 Statistics......Page 325 Trading Tactics......Page 328 Sample Trade......Page 329 For Best Performance......Page 330 Behavior and Rank......Page 332 Identification Guidelines......Page 333 Statistics......Page 334 Trading Tactics......Page 337 Sample Trade......Page 338 For Best Performance......Page 340 Identification Guidelines......Page 341 Statistics......Page 343 Trading Tactics......Page 346 Sample Trade......Page 348 For Best Performance......Page 349 Identification Guidelines......Page 350 Statistics......Page 352 Trading Tactics......Page 355 Sample Trade......Page 356 For Best Performance......Page 358 Identification Guidelines......Page 359 Statistics......Page 361 Trading Tactics......Page 364 Sample Trade......Page 366 For Best Performance......Page 367 Behavior and Rank......Page 368 Identification Guidelines......Page 369 Sample Trade......Page 370 Identification Guidelines......Page 372 Statistics......Page 374 Trading Tactics......Page 376 Sample Trade......Page 377 For Best Performance......Page 379 Behavior and Rank......Page 380 Identification Guidelines......Page 381 Statistics......Page 382 Trading Tactics......Page 385 Sample Trade......Page 386 For Best Performance......Page 387 Behavior and Rank......Page 389 Identification Guidelines......Page 390 Statistics......Page 391 Trading Tactics......Page 393 Sample Trade......Page 395 For Best Performance......Page 396 Behavior and Rank......Page 398 Identification Guidelines......Page 399 Statistics......Page 400 Trading Tactics......Page 403 Sample Trade......Page 404 For Best Performance......Page 405 Identification Guidelines......Page 407 Statistics......Page 409 Trading Tactics......Page 411 Sample Trade......Page 413 For Best Performance......Page 415 Identification Guidelines......Page 416 Statistics......Page 418 Trading Tactics......Page 420 For Best Performance......Page 422 Behavior and Rank......Page 424 Identification Guidelines......Page 425 Statistics......Page 426 Trading Tactics......Page 429 Sample Trade......Page 430 For Best Performance......Page 432 Identification Guidelines......Page 433 Statistics......Page 435 Trading Tactics......Page 437 Sample Trade......Page 438 For Best Performance......Page 440 Behavior and Rank......Page 442 Identification Guidelines......Page 443 Statistics......Page 444 Trading Tactics......Page 446 Sample Trade......Page 448 For Best Performance......Page 449 Behavior and Rank......Page 451 Identification Guidelines......Page 452 Statistics......Page 453 Trading Tactics......Page 456 Sample Trade......Page 458 For Best Performance......Page 459 Identification Guidelines......Page 460 Statistics......Page 461 Trading Tactics......Page 464 Sample Trade......Page 466 For Best Performance......Page 467 Behavior and Rank......Page 468 Identification Guidelines......Page 469 Statistics......Page 470 Trading Tactics......Page 472 Sample Trade......Page 474 For Best Performance......Page 475 Behavior and Rank......Page 476 Statistics......Page 477 Trading Tactics......Page 480 Sample Trade......Page 481 For Best Performance......Page 482 Behavior and Rank......Page 483 Identification Guidelines......Page 484 Statistics......Page 485 Trading Tactics......Page 488 Sample Trade......Page 491 For Best Performance......Page 492 Behavior and Rank......Page 494 Identification Guidelines......Page 495 Statistics......Page 496 Trading Tactics......Page 499 Sample Trade......Page 500 For Best Performance......Page 502 Behavior and Rank......Page 503 Identification Guidelines......Page 504 Statistics......Page 505 Trading Tactics......Page 508 Sample Trade......Page 509 For Best Performance......Page 510 Identification Guidelines......Page 512 Statistics......Page 514 Trading Tactics......Page 516 Sample Trade......Page 517 For Best Performance......Page 519 Identification Guidelines......Page 520 Statistics......Page 522 Trading Tactics......Page 524 Sample Trade......Page 525 For Best Performance......Page 527 Identification Guidelines......Page 528 Statistics......Page 529 Trading Tactics......Page 532 Sample Trade......Page 533 For Best Performance......Page 534 Behavior and Rank......Page 536 Statistics......Page 537 Trading Tactics......Page 540 Sample Trade......Page 541 For Best Performance......Page 543 Identification Guidelines......Page 544 Statistics......Page 546 Trading Tactics......Page 548 Sample Trade......Page 550 For Best Performance......Page 551 Behavior and Rank......Page 552 Identification Guidelines......Page 553 Statistics......Page 554 Trading Tactics......Page 557 Sample Trade......Page 558 For Best Performance......Page 559 Behavior and Rank......Page 560 Statistics......Page 561 Trading Tactics......Page 564 Sample Trade......Page 566 For Best Performance......Page 567 Identification Guidelines......Page 568 Statistics......Page 569 Trading Tactics......Page 572 Sample Trade......Page 573 For Best Performance......Page 574 Behavior and Rank......Page 576 Identification Guidelines......Page 577 Statistics......Page 578 Trading Tactics......Page 582 Sample Trade......Page 583 For Best Performance......Page 584 Behavior and Rank......Page 585 Identification Guidelines......Page 586 Statistics......Page 587 Trading Tactics......Page 589 Sample Trade......Page 592 For Best Performance......Page 593 Behavior and Rank......Page 594 Identification Guidelines......Page 595 Statistics......Page 596 Trading Tactics......Page 599 Sample Trade......Page 600 For Best Performance......Page 601 Behavior and Rank......Page 603 Identification Guidelines......Page 604 Statistics......Page 605 Trading Tactics......Page 607 Sample Trade......Page 610 For Best Performance......Page 611 Behavior and Rank......Page 612 Identification Guidelines......Page 613 Statistics......Page 614 Trading Tactics......Page 617 Sample Trade......Page 620 For Best Performance......Page 621 Behavior and Rank......Page 622 Statistics......Page 623 Trading Tactics......Page 627 Sample Trade......Page 628 For Best Performance......Page 630 Behavior and Rank......Page 631 Identification Guidelines......Page 632 Statistics......Page 633 Trading Tactics......Page 635 Sample Trade......Page 637 For Best Performance......Page 638 Behavior and Rank......Page 640 Identification Guidelines......Page 641 Statistics......Page 642 Trading Tactics......Page 644 Sample Trade......Page 647 For Best Performance......Page 648 Behavior and Rank......Page 649 Identification Guidelines......Page 650 Statistics......Page 651 Trading Tactics......Page 653 Sample Trade......Page 654 For Best Performance......Page 656 Behavior and Rank......Page 657 Identification Guidelines......Page 658 Statistics......Page 659 Trading Tactics......Page 662 Sample Trade......Page 663 For Best Performance......Page 664 Behavior and Rank......Page 666 Identification Guidelines......Page 667 Statistics......Page 668 Trading Tactics......Page 671 Sample Trade......Page 673 For Best Performance......Page 674 Behavior and Rank......Page 675 Identification Guidelines......Page 676 Statistics......Page 677 Trading Tactics......Page 680 Sample Trade......Page 681 For Best Performance......Page 682 Behavior and Rank......Page 684 Identification Guidelines......Page 685 Statistics......Page 686 Trading Tactics......Page 688 For Best Performance......Page 690 Behavior and Rank......Page 692 Identification Guidelines......Page 693 Statistics......Page 694 Trading Tactics......Page 697 For Best Performance......Page 698 Behavior and Rank......Page 700 Identification Guidelines......Page 701 Statistics......Page 702 Trading Tactics......Page 705 Sample Trade......Page 707 For Best Performance......Page 708 Behavior and Rank......Page 709 Identification Guidelines......Page 710 Statistics......Page 711 Trading Tactics......Page 714 Sample Trade......Page 715 For Best Performance......Page 716 Identification Guidelines......Page 718 Statistics......Page 719 Trading Tactics......Page 722 Sample Trade......Page 723 For Best Performance......Page 724 Behavior and Rank......Page 726 Identification Guidelines......Page 727 Statistics......Page 728 Trading Tactics......Page 730 Sample Trade......Page 732 For Best Performance......Page 733 Behavior and Rank......Page 734 Identification Guidelines......Page 735 Statistics......Page 736 Trading Tactics......Page 739 Sample Trade......Page 741 For Best Performance......Page 742 Behavior and Rank......Page 744 Identification Guidelines......Page 745 Statistics......Page 746 Trading Tactics......Page 748 Sample Trade......Page 749 For Best Performance......Page 751 Behavior and Rank......Page 752 Identification Guidelines......Page 753 Statistics......Page 755 Trading Tactics......Page 758 Sample Trade......Page 759 For Best Performance......Page 760 Behavior and Rank......Page 762 Statistics......Page 763 Trading Tactics......Page 767 Sample Trade......Page 768 For Best Performance......Page 769 Behavior and Rank......Page 771 Identification Guidelines......Page 772 Statistics......Page 773 Trading Tactics......Page 776 Sample Trade......Page 777 For Best Performance......Page 779 Behavior and Rank......Page 780 Identification Guidelines......Page 781 Statistics......Page 782 Trading Tactics......Page 785 Sample Trade......Page 786 For Best Performance......Page 787 Behavior and Rank......Page 789 Identification Guidelines......Page 790 Statistics......Page 791 Trading Tactics......Page 794 Sample Trade......Page 795 For Best Performance......Page 796 Behavior and Rank......Page 798 Identification Guidelines......Page 799 Statistics......Page 800 Trading Tactics......Page 802 Sample Trade......Page 803 For Best Performance......Page 805 Behavior and Rank......Page 806 Statistics......Page 807 Trading Tactics......Page 810 Sample Trade......Page 811 For Best Performance......Page 813 Behavior and Rank......Page 814 Identification Guidelines......Page 815 Behavior and Rank......Page 818 Statistics......Page 819 Trading Tactics......Page 823 Sample Trade......Page 824 For Best Performance......Page 825 Behavior and Rank......Page 827 Identification Guidelines......Page 828 Statistics......Page 829 Trading Tactics......Page 832 Sample Trade......Page 833 For Best Performance......Page 834 Behavior and Rank......Page 836 Identification Guidelines......Page 837 Statistics......Page 838 Trading Tactics......Page 840 Sample Trade......Page 841 For Best Performance......Page 843 Behavior and Rank......Page 844 Identification Guidelines......Page 845 Statistics......Page 846 Trading Tactics......Page 849 Sample Trade......Page 850 For Best Performance......Page 851 Identification Guidelines......Page 853 Statistics......Page 855 Trading Tactics......Page 857 Sample Trade......Page 858 For Best Performance......Page 860 Behavior and Rank......Page 861 Identification Guidelines......Page 862 Statistics......Page 863 Trading Tactics......Page 866 For Best Performance......Page 867 Behavior and Rank......Page 869 Identification Guidelines......Page 870 Statistics......Page 871 Trading Tactics......Page 874 For Best Performance......Page 875 Behavior and Rank......Page 877 Statistics......Page 878 Trading Tactics......Page 882 Sample Trade......Page 883 For Best Performance......Page 884 Behavior and Rank......Page 885 Identification Guidelines......Page 886 Statistics......Page 887 Trading Tactics......Page 890 Sample Trade......Page 891 For Best Performance......Page 892 Behavior and Rank......Page 894 Identification Guidelines......Page 895 Statistics......Page 896 Trading Tactics......Page 899 Sample Trade......Page 900 For Best Performance......Page 901 Behavior and Rank......Page 903 Identification Guidelines......Page 904 Statistics......Page 905 Trading Tactics......Page 908 Sample Trade......Page 910 For Best Performance......Page 911 Behavior and Rank......Page 912 Identification Guidelines......Page 913 Statistics......Page 914 Trading Tactics......Page 917 Sample Trade......Page 919 For Best Performance......Page 921 Behavior and Rank......Page 922 Identification Guidelines......Page 923 Statistics......Page 924 Behavior and Rank......Page 927 Statistics......Page 928 Bibliography......Page 931 Statistics......Page 933 Trading Tactics......Page 935 Terminology......Page 937 One-Line Candles......Page 943 Two-Line Candles......Page 945 Three-Line Candles......Page 948 Five-Line (or More) Candles......Page 950 Subject Index......Page 953 Binder1.pdf......Page 0 2a.jpg......Page 2 2b.jpg......Page 965 2c.jpg......Page 966

Encyclopedia of Candlestick Charts

"Great research, great organization, and a wealth of information. Not only does Tom identify the best formations, he shows the practical way to trade each one. And, he puts the best results right in front, rather than playing hide-and-seek with the reader. You don't need to be a chartist to get value from this book. I highly recommend it."
—Perry Kaufman, author of New Trading Systems and Methods, Fourth Edition

"Man cannot live on bread alone, and according to Tom Bulkowski's research, one cannot trade by candlesticks alone. Tom's intensive statistical work seeks out the truth in the frequency and reliability of trading with candlestick charts. His exhaustive and thorough research will give the reader an eye opener to help guide them in their trading decisions. This is a must-read edition of a high-caliber piece of trading literature for every trader who uses candlecharts."
—John Person, author of Candlestick and Pivot Point Trading Triggers and President of Nationalfutures.com

"When I wrote the Third Edition of Candlestick Charting Explained, I believed I had thoroughly covered every aspect of this respectable analysis technique. Tom has written a solid reference that can easily be used in coordination with other books in this exciting field. The Encyclopedia of Candlestick Charts is a reference that every technical analyst will want to own."
—Gregory L. Morris, Senior Portfolio Manager, PMFM, Inc., and author of Candlestick Charting Explained, Third Edition and The Complete Guide to Market Breadth Indicators

"Candlesticks can help you become a better trader, but only if you learn how they work, know what to look for, and understand the trading setups that can bring out their best. Encyclopedia of Candlestick Charts can help you do all this and much more." "Following in the footsteps of author Thomas Bulkowski's bestselling Encyclopedia of Chart Patterns - and structured in the same way - this easy-to-read and -use reference book takes an in depth look at 103 candlestick formations, from identification guidelines and statistical analysis of their behavior to detailed trading tactics." "Encyclopedia of Candlestick Charts includes chapters that contain important discoveries, statistical summaries, a discussion of distinct methodologies that explain each table entry in detail, a glossary of relevant terms, and a visual index to make candlestick identification easy." Following in the footsteps of author Thomas Bulkowski's bestselling Encyclopedia of Chart Patterns --and structured in the same way--this easy-to-read and -use resource takes an in-depth look at 103 candlestick formations, from identification guidelines and statistical analysis of their behavior to detailed trading tactics. Encyclopedia of Candlestick Charts also includes chapters that contain important discoveries and statistical summaries, as well as a glossary of relevant terms and a visual index to make candlestick identification easy. A comprehensive guide to candlestick patterns created by an expert in the field. Candlestick patterns are footprints of the smart money, and deciphering those footprints properly can bring traders and investors riches. Encyclopedia of Candlestick