FINANCIAL MARKETS, whether you're talking about equities or commodities, are an ordered system of exchange, where participants are driven by individual responses to information. Within this arena, price, and the patterns emerging from a series of prices, give us instruction—they are our guide.

Nobody understands this better than Elaine Knuth—Principal Partner of Davenport Advisors, LLC—and now, with Trading Between the Lines, she shares her extensive insights on the integral role price and pattern play in successfully analyzing, and trading, today's markets.

Unlike other books in this field, which focus on a series of single patterns in isolation, this reliable guide details a series of more complex patterns—often several patterns combined over multiple time frames—and skillfully examines these sets of patterns called "constellations" in relation to one another. Along the way, it will help you discover how conceptualizing price behavior can allow you to recognize price pattern structures with predictive character and build effective trading tactics.

Engaging and informative, Trading Between the Lines puts this discipline in perspective as it:

• Examines specific reversal pattern constellations to the upside as well as the downside
• Covers continuation patterns and strategies—the Valley of Kings and the Place of Truth—that will allow a low-risk entry strategy for an existing and well-established trend
• Explores patterns—the Quiet Before the Storm and Lightning Bolt—that signal unexpected moves
• Brings together many of the pattern constellations and concepts into a universal pattern set called Adam and Eve
• Addresses the issues of risk and trade management as they pertain to trading pattern recognition methods

When making a trade, you're speculating on a future change in condition. With the pattern recognition and visualization methods found in Trading Between the Lines, you'll learn how to create strategies that can fit your risk appetite and exploit changes, or future price events, in many markets.