Fibonacci analysis

Author

• Brown, Constance

Additional Author(s)

-

Publisher

New York: Bloomberg Press, 2008

Language

English

ISBN

9781576602614

Series

Bloomberg Market Essentials

Subject(s)

• FIBONACCI NUMBERS
• INVESTMENT ANALYSIS
• SPECULATION

Notes

. Bibliography: p. 171-176. Index: p. 177-182

Abstract

Only someone who is both a successful trader and a successful writer could pull off what Constance Brown has accomplished in this book: distilling Fibonacci analysis to two hundred or so comprehensive, clearly written, eminently practical pages.
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:
• Where is the market going?
• At what level should my stop be entered?
• Based on the size of my trading account, how much should I leverage into a trading position?
• Can I tell if I am in trouble before my stop is hit?
• How much should I buy or sell if given a second or third opportunity?
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.

Physical Dimension

Number of Page(s)

xxii, 182 p.

Dimension

24 cm.

Other Desc.

ill.

Summary / Review / Table of Content

List of Illustrations.
Acknowledgments.
Introduction.
1 The Mystery of Phi (1.618) and phi (0.618).
2 The Concept of Market Expansion and Contraction.
3 Support, Resistance, and Price Projections.
4 Bridging the Gap Between the Nautilus Shell and a Market Chart.
5 Fibonacci Channels, Angles, and Cycles with Oscillators.
6 Fibonacci Expansion Targets and Confluence in Time.
7 Rhythmic Wave Diagrams.
8 Harmonic Unity Within Market Price and Time.
Appendix A.
Appendix B: Common Errors.
Selected Bibliography.
Index.

Exemplar(s)

#	Accession No.	Call Number	Location	Status
1.	03178/18	332.632042 Bro F	Library - 7th Floor	Available