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

by Timothy Knight

A comprehensive volume of today's most profitable trade set-ups A key element of trading is identifying situations in the financial markets that can produce a profitable trade. Fundamental analysts search for situations where a stock is undervalued or if a stock's prospective earnings growth is underestimated by a majority of investors. Technical analysts look at patterns in the market that historically indicate the direction of the markets next move. High Probability Trade Set-Ups catalogs the best trading situations from a variety of technical approaches.

Engaging and informative, High Probability Trade Set-Ups provides a detailed explanation of twenty powerful, recurring tradable situations in the financial markets. Each pattern is thoroughly described, including its strengths and drawbacks, ease of identification, and the degree to which it produces profitable trades. Most importantly, the author provides entry and exit points for each set up. Examples of the set-ups include chart patterns such as ascending triangles, diamonds, gaps, pennants, and channels.

Features many new technical tools for tracking individual stocks Contains a resource guide, which will help to monitor the market for the trade set-ups discussed throughout the book Reveals how to use ProphetCharts to perform advanced intermarket technical studies and identify the best opportunities Written in a straightforward and accessible style, High Probability Trade Set-Ups covers a lot of ground with respect to this approach and shows you how to use it to make the most of your time in today's dynamic markets.

373 pages, Kindle Edition

First published July 7, 2011

About the author

Based in Los Angeles, Timothy Knight is a nonfiction writer and editor who has written extensively on business, film history, popular culture and sports. He has also written the scripts for several documentaries based on various books from some of America’s top publishers, including The Overlook Press and Triumph Books.

From 2003 to 2007, Timothy served as the primary film critic for the website reel.com. He holds a master's degree in critical studies from the University of Southern California School of Cinematic Arts.

When his face is not buried in a book, Timothy can usually be found writing one of his own. Among the many books he has authored are Great Kisses...and Famous Lines Right Out of the Movies (HarperCollins, 2008), Audrey Hepburn in the Movies (Metro Books, 2009), and Sinatra: Hollywood His Way (Running Press, 2010).