Title: Good but need revision
Product review: Technically, this is a very useful book in that it presents hard to find statistics on the patterns like the price expectation, failure rate, very detailed. For example, the author even included a statistic on the volume behavior for the 'head and shoulder' pattern, which is very helpful. -You may not find those facts in any other book. The approach the author took is certainly a step forward towards 'scientific' technical analysis.However, the presentation is poor and too wordy which makes it uneasy to follow, especially when you compare it with the classics like John Murphy ans Steve Nison's. There are too many uneccary words and most of the 'trading examples' are nothing more than stories (it is also not clear if those stories are fabricated or real). They do not contribute to the technical merit of the book but occupy a considerable portion of the book.I'll keep it but do expect a revised version.
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