Publisher's Synopsis
An in-depth examination of a powerful new trading strategy
"Fischer provides an intriguing and thorough look at blending the Fibonacci series, candlesticks, and 3-point chart patterns to trade securities. Backed by explicit trading rules and numerous examples and illustrations, this book is an invaluable tool for the serious investor. Read it."
-Thomas N. Bulkowski, author of Encyclopedia of Chart Patterns and Trading Classic Chart Patterns
In this groundbreaking new book, Fibonacci expert Robert Fischer and coauthor Dr. Jens Fischer successfully merge Fibonacci applications with candlestick charting to create an innovative trading strategy that will help you enhance profits and reduce risk.
Filled with in-depth insights, helpful charts and graphs, and practical real-world examples, Candlesticks, Fibonacci, and Chart Pattern Trading Tools reveals how correctly combining these different strategies can give you a noticeable edge in challenging market times-regardless of whether you are a short-term or long-term trader-and improve your chances of success under a variety of market conditions.
You'll be introduced to the critical aspects of this synergistic approach through in-depth analysis and detailed explanations of:
- Core combinations of Fibonacci trading tools with candlesticks and regular 3-point chart patterns
- The magic figure "three" and its relevance in pattern recognition
- Fibonacci-related trading strategies, selected candlestick chart patterns, and regular 3-point chart patterns
- Applications of these trading strategies-double tops, Fibonacci price extensions, PHI-channel applications
- PHI-ellipses as trading tools
- And much more
Along with the computer technology of the WINPHI charting program included on the companion website, Candlesticks, Fibonacci, and Chart Pattern Trading Tools will help you understand and implement this profitable trading strategy to the best of your ability.
