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.
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.
Table of Contents
1. Introduction to Fibonacci Numbers and Ratios
2. Fibonacci on the Price Axis of the Market
3. Fibonacci on the Time Axis of the Market
4. Triggers and Indicators
5. Trading Plan
288 pages, Hardcover