Brown knows exactly what a professional trying to come up to speed on a new trading tool needs and she provides it, covering what Fibonacci analysis is, how it works, where it comes from, pitfalls and dangers, and, of course, how to use it. Basic trading strategies are touched upon in virtually every chapter.
Fibonacci analysis is one of the most popular technical analysis tools, yet it is often used incorrectly. Brown quickly clears up common misconceptions and moves on to show, step by step, the correct way to apply the technique in any market.
Those with Fibonacci analysis software will learn how to use it with maximum effectiveness; those without will chart the market the old-fashioned way. All will find answers to the trader's most important questions:
Occasional references to other tools--including Elliott Wave, W.D. Gann, and candlestick charts--and an extensive bibliography make this book richer for accomplished technical analysts without confounding the less experienced. Plentiful real-life examples and dozens of carefully annotated charts insure every reader will get maximum value from every minute spent with this book.
Gold Medal Winner (tie), Investing Category, Axiom Business Book Awards (2009)
Winner: Book Series Cover Design, The Bookbinders Guild of New York/2009 New York Book Show Awards
Euro May Surpass 105 Yen on Fibonacci: Technical Analysis Bloomberg She cited Fibonacci analysis, which is based on the theory that prices rise or fall by certain percentages after reaching a high or low. The 50 percent Fibonacci retracement of the euro's decline from its March 21 high of 111.44 yen to the low of ... and more » |
Copper Futures Seen Rallying 11% on Fibonacci Retracement BusinessWeek Fibonacci analysis is based on the theory that prices tend to drop or climb by certain percentages after reaching a high or low. A break above resistance or below support indicates a commodity may move to the next level. The difference between high and ... and more » |
Australian Dollar May Rebound Toward 84 Yen: Technical Analysis Bloomberg Fibonacci analysis is based on the theory that prices tend to drop or rise by certain percentages after reaching a high or low. Support refers to an area on a chart where analysts anticipate orders to buy an asset are clustered. |
German Bund Yields Approach Record Low on Greek Election Call BusinessWeek The contracts may climb to 144.04, according to Richard Adcock, head of fixed-income technical strategy in London, citing Fibonacci analysis. The bund futures contract expiring in June fell 0.2 percent to 143.29. It climbed to a record 143.69 yesterday ... and more » |
German Bunds Advance on Greece Stalemate; Yields Drop to Records BusinessWeek The contracts may reach that level, which represents a 200 percent extension of their rally from an April 25 low, according to Richard Adcock, head of fixed-income technical strategy in London, referring to Fibonacci analysis, before the futures ... and more » |
Gold Takes a Spring Break Resource Investor Applying Fibonacci analysis, we'd expect the correction to last 11 months, 14.5 months or 18 months. Thus, silver could continue to consolidate for several months.” When looking at the COT for silver Jordan Roy-Byrne notes “commercial short positions ... and more » |
5 Reasons to Attend the International Traders Expo Benzinga Carolyn Boroden is a commodity trading advisor and technical analyst specializing in Fibonacci analysis. Her unique form of price and time analysis is quickly proving to be one of the most promising trading techniques using Fibonacci available today. |
Pound Retreats From 22-Month High Versus Euro Before PMI BusinessWeek Fibonacci analysis is based on the theory prices rise or fall by certain percentages after reaching a new high or low. The Debt Management Office sold gilts maturing in March 2019 at an average yield of 1.495 percent. Investors bid for 1.79 times the ... and more » |
Euro Gains Versus Yen as Draghi Refrains From Signaling Rate Cut San Francisco Chronicle Fibonacci analysis is based on the theory prices rise or fall by certain percentages after reaching a new high or low. --With reporting from Masaki Kondo and Kristine Aquino in Singapore. Editors: Greg Storey, Nicholas Reynolds To contact the reporters ... and more » |
Euro Set for Biggest Weekly Decline in a Month BusinessWeek The focus now is the NZ$1.6560-1.6570 range that includes the 38.2 percent retracement of the New Zealand's dollar drop from November to February, O'Connor wrote, citing Fibonacci theory. Fibonacci analysis is based on the theory prices rise or fall by ... and more » |
