Robert Fischer – Fibonacci Applications and Strategies for Traders
Robert Fischer – Fibonacci Applications and Strategies for Traders
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Fibonacci Applications and Strategies for Traders is a complete, hands-on resource that shows how to measure price and time signals quickly and with unmatched accuracy using the logarithmic spiral, and how to act on these analyses.
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Description
Fibonacci Applications and Strategies for Traders
There is a complete, hands-on resource that shows how to measure price and time signals quickly and with unparalleled accuracy using the logarithmic spiral, and how to act on these analyses.
This breakthrough trading guide first takes a fresh look at the classic principles and applications of Elliott Wave, then introduces the Fibonacci series, exploring its crucial role in architecture, engineering, nuclear science, and now in stock and commodity trading.
The series is used to measure equity and commodity price swings and to forecast short and long-term correction targets. You will learn how to accurately analyze price targets on market extensions, and how to easily develop price and time analyses using the author’s logarithmic spirals.
Learn how to do it.
Key turning points in the commodity market can be calculated and predicted. Business and economic cycles can be analyzed. Disciplined trading is possible and profitable with entry and exit rules.
Contents
1. The ratio of numbers. 2. The principle of the wave is in a shell. 3. Working with a pattern. 4. Working with people who are in prison. 5. Working with extensions. 6. There are multiple price targets. 7. The time analysis is done. There are 8. The price and time are combined. There are 9. The logarithmic spiral is a spiral.
The Golden Section is in Appendix A. The Spiral Equation and Computer Program is in Appendix B.
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