Chart Your Way to Profits by Timothy Knight is a hands-on, chart-focused guide designed for modern traders who want to master technical analysis using real-world tools. As the founder of Prophet.net (acquired by TD Ameritrade), Knight brings unique expertise in merging technology with classic charting principles.
This book offers more than theoretical knowledge—it’s a practical manual that teaches you how to analyze charts, build trade ideas, and execute strategies using ProphetCharts and other online platforms. Knight presents a wide array of charting techniques, including trendlines, Fibonacci levels, pattern recognition, volume studies, and indicators—all illustrated with detailed chart examples.
Whether you’re trading stocks, futures, or ETFs, this guide equips you with a complete visual analysis framework and shows you how to translate charts into actionable trades.
✅ What You’ll Learn:
- How to use ProphetCharts and other online charting platforms effectively
- The fundamentals of trendlines, support/resistance, and breakout setups
- Identifying and trading classical chart patterns like head-and-shoulders, flags, and wedges
- Applying Fibonacci retracements and extensions to pinpoint targets
- Using moving averages, RSI, MACD, and other indicators in context
- Reading price/volume relationships to confirm trade setups
💡 Key Benefits
- Get a practical trading education grounded in visual analysis
- Learn how to use tools like ProphetCharts with precision
- Improve your timing and entry decisions using pattern recognition
- Build confidence with real chart examples and strategy walkthroughs
- Apply lessons to any market: stocks, ETFs, futures, or indices
👤 Who This Book Is For:
- Beginner to intermediate traders seeking a visual approach to markets
- Technical analysts looking for a practical guide to modern charting tools
- Online traders who use platforms like ProphetCharts, ThinkorSwim, or TradingView
- Self-directed investors wanting to enhance their technical analysis skills
- Anyone interested in chart-based trading strategies
📚 Table of Contents:
- Getting Started with Technical Charting
- The Psychology Behind Chart Patterns
- Using Trendlines and Channels
- Trading Support and Resistance Breakouts
- Fibonacci Tools in Real-Time Markets
- Chart Patterns: Reversals and Continuations
- Volume Analysis and Confirmation
- Moving Averages and Momentum
- Candlestick Patterns and Chart Context
- Customizing ProphetCharts for Your Strategy
- Putting It All Together in a Trading Plan