Fibonacci Trading: How to Master the Time and Price Advantage

Boroden, Carolyn

ISBN 10: 007149815X / ISBN 13: 9780071498159

Published by McGraw Hill, 2008

About this Item

Condition: New.

Seller Inventory # ABE-1757222335679

Bibliographic Details

• Title: Fibonacci Trading: How to Master the Time and Price Advantage
• Publisher: McGraw Hill
• Publication Date: 2008
• Language: English
• ISBN 10: 007149815X
• ISBN 13: 9780071498159
• Binding: Soft cover
• Edition: 1st Edition
• Condition: New
• Dimensions: 2.616W x 19.304H x 24.13D centimeters 2.616 centimeters width by 19.304 centimeters height by 24.13 centimeters depth
• Weight: 762 grams

About this title

Synopsis

Made famous by the Italian mathematician Leonardo De Pisa, the Fibonacci number series holds a Golden Ratio that is universally found in nature and used by architects, plastic surgeons, and many others to achieve “perfect” aesthetic proportions. Now, in this groundbreaking guide, noted technical trading advisor Carolyn Boroden shows you how Fibonacci pattern studies can be used as an extremely effective method for achieving greater profitability in stocks, futures, and Forex markets.

Fibonacci Trading provides a one-stop resource of reliable tools and clear explanations for both identifying and taking advantage of the trade setups naturally occurring in the markets that will enable you to reach the highest rate of profitable trades. Inside, you'll find a unique trading methodology based on Fibonacci ratios, and the author's personal experience analyzing and setting up the markets in real time, which makes this practical volume invaluable to the self-directed investor.

Complete with detailed charts and insightful graphics in each chapter, Fibonacci Trading features:

• Dependable guidance for determining important support and resistance levels, along with expert advice for using them to maximize profits and limit losses
• Step-by-step processes for using Fibonacci analysis to predict turning points in the market far enough in advance to generate substantial profit
• Valuable tips for using Fibonacci analysis to establish optimal stop-loss placement
• Revealing coverage on how Fibonacci relationships can create a roadmap for the trader based on high percentage patterns

Fibonacci Trading also provides a four-step formula for applying the covered techniques in a highly effective approach. Flexible enough for all markets and trading styles, the formula helps you focus your newly developed knowledge and skill sets into a solid trading methodology, defined trading plan, successful trading mindset, and disciplined trading approach that stacks the odds for profit in your favor.

This hands-on guide is packed with a wealth of actual trading situations, setups, and scenarios that bring the four-step formula to life so you can immediately use it in the real world.

About the Author

Carolyn Boroden has been a commodity trading advisor and technical analyst for more than 20 years and has worked on many of the major trading floors in the U.S. She is founder and president of Synchronicity Market Timing, LLC, a Fibonacci trading advisory service.

www.fibonacciqueen.com.