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

“High-Probability Trade Setups” by Timothy Knight is a practical and visually engaging manual for traders who rely on technical charts, price patterns, and discipline to make real-time trading decisions. Known as the founder of Prophet.net and a chartist by nature, Knight delivers a pattern-rich playbook that equips readers with ready-to-use setups, backed by chart examples and simple execution rules.

This is not a theory-heavy academic text — it’s a hands-on visual reference for swing traders, position traders, and intraday traders who want to act on real signals. You’ll explore over 50 chart patterns, learn how to manage entry, exit, and risk, and understand the psychology behind each pattern’s success or failure.

What makes this book unique is its clear structure, annotated charts, and immediate actionability. Whether you trade stocks, ETFs, or futures, this guide gives you the pattern recognition skills and setup timing discipline needed to thrive in volatile markets.

✅ What You’ll Learn:

• How to recognize and trade over 50+ chart patterns, both common and rare
• The psychology and structure behind each pattern type
• Pattern setups for breakouts, reversals, and continuation
• How to manage stop-loss, entry confirmation, and profit-taking
• When to filter trades based on context, volume, and trend
• Why chart discipline matters more than prediction

💡 Key Benefits:

• Provides a visual trading library for active chartists
• Focuses on real-time usability rather than theoretical analysis
• Includes dozens of full-color charts for fast learning
• Promotes pattern-based discipline and confidence
• Works across multiple markets — equities, ETFs, and futures

👤 Who This Book Is For:

• Beginner to intermediate traders learning to trust charts
• Chartists seeking a pattern-focused strategy playbook
• Technical analysts looking for real-world applications
• Discretionary traders who want rule-based visual setups
• Any trader seeking high-probability, repeatable charting techniques

📚 Table of Contents:

1. Charting as a Trading Language
2. Support, Resistance, and Trendlines
3. Recognizing Setups in Real Time
4. Classic Bullish Patterns (Flags, Cups, Pennants)
5. Bearish Patterns and Breakdowns
6. Reversals: Head-and-Shoulders, Double Tops/Bottoms
7. Breakouts, Gaps, and Continuations
8. Avoiding False Signals and Whipsaws
9. Entry, Exit, and Stop Placement
10. Trade Management and Risk Control
11. Tools and Platforms for Chart-Based Trading
12. Putting It All Together in Real Time