Trade Chart Patterns Like the Pros: Specific Trading Techniques Paperback – January 1, 2008

His book is an excellent guide to learn patterns. There are real trade examples for each pattern, which is very rare to find. Writing is very clear and concise. There are 60+ trading patterns in this book and you can choose whatever fits your trading style. Unlike other authors on the subject Suri Dudella has 20+ years of trading experience. He trades some of these patterns everyday and even posts them on his free website. That is another way to continue your learning beyond this book. This book is a must have in every trader's library.

This book is a gem. I have purchased it after I noticed that it was recommended on Tradestation's forums. The book is written by an active trader so the author knows what you want and does not waste time. He gives one setup after the other. He first explains the pattern, gives credit to whomever discovered it, shows you clearly where the entry points are, where the stoploss level is and finally where the profit targets are. He spends about 2 pages per pattern and that's including the charts. So he gets right to the point quick! The patterns are numerous and many of them are exotic and not known. I learnt a lot from this book and I am an active trader whose read over 60 books. Additionally, I want to say that if you are a algorithmic trader this book has many patterns that are programmable and can be deployed on intraday data and even on daily charts. So if you want a book that will help you become more profitable and if you want a book that is written by someone who trades for a living as appose to someone who writes for a living then buy this book.

This book complements well Miner's, Kane's, Carney's books and many others. Why may you not treat it as a main book? It is too short and it gives rather very specific details than general view on how to trade properly. This view is given in the books mentioned above. This book is very concise and practical, but it doesn't give information about how to react in the area where the trend changes or how to manage the trade. Summerizing, "Trading like a Pro" is the very good book, "must read" for every one who wants to have considerable gains, but must be read together with other books.

I have learned so much information for trading different types of chart patterns reading this book. It is a must have for all traders.

Good overview with decent breakdown and visuals. note- The book is in black and white. The book included several patterns not encompassed in other books as a group. These include the nr7 and the Gartley's. imo- Each trader must find and make his own set ups as his niche if one is to survive the onslaught against the pros and HFT. This book shows a very diverse amount of trading patterns and methods with a brief section including history, synopsis, the trade, targets and stops. It then gives an example with a short summary of it done on an actual chart. My only concerns is not with the book itself, but these type of books premise. More is not always better. Another note is many of these patterns are easy to find and identify after the fact, to do so in real time takes lots of screen time(live or sim). Thus my supposition that each trader must find then develop his own niche. The drawback that I see with a book like this and the huge amount of information out there is the diverse and many choices to make, causing the novice, intermediate and even advanced trader the option of dabbling. Imo trading is best done from a niche perspective, with the ability to filter out the rest. An addition to this book that would be benefical on many traders desk is a price action diagram with various patterns. Many patterns unfold the same or similarly. By identifying and relating to the current chart with a template one may be able to quickly identify which potential price action and pattern that may be unfolding in the short term, mid term and long term which is all relative to each trader. For myself, scalp(minutes) to spot(sessions) to swing(multisessions). This is a good buy to be able to quickly look at various patterns to potentially recognize what other traders are seeing to be able to identify the various bull and bear lines. One must do the work themselves to make it their own. My personal arsenal from the book are triangles, pivots, rectangles, AB=CD, 3valleys = river. Many notable patterns that I use to recognize but not trade are H&S, 2B, nr7, double tops/bottoms, gaps. Money well spent for it's purpose, a consolidated version of patterns. Highlighting sections may be a good idea. There is plenty of space in the book itself to write one's own notes. Tabbing key or favored pages is also another suggestion. Choose a pattern then make it your own by identyfying and trading it many times over.

___Here's a "peek inside" look at the book:Go to CMEgroup (Chicago Mercantile Exchange) and under educational materials look up this book.You may have to register, but you gain instant access.Then browse through some of these "professional" chart patterns.disclaimer: I only trade for a living, I'm not an expert.pros: the author has a lot of friends.cons: the book is overpriced by $69.00Edited 01/19/15 to reflect new price

Great book

The book is better than I even expected even after reading all the good reviews. Give you the information in a format you can work with. By far the most valuable trading book I have read hands down.