Fibonacci Applications and Strategies for Traders: 4 (Wiley Trader's Exchange) - Hardcover

Fischer, Robert

Hardcover

ISBN 10: 0471585203 ISBN 13: 9780471585206

Publisher: Wiley, 1993

Synopsis

A fresh look at classic principles and applications of Fibonacci numbers and the Elliott Wave trading system. Demonstrates how to calculate and predict key turning points in commodity markets, analyze business and economic cycles as well as identify profitable turning points in interest rate movement. Forty charts and tables show how to use this analysis on a daily, weekly or intra-day trading basis.

About this title

About the Author

ROBERT FISCHER has designed computer programs for commodity trading for banks and companies. Since 1990 he has managed commodity funds as a CTA with computer programs that generate trading signals based strictly on pattern recognition. He is President of Fischer Finance Consulting AG, Switzerland, and author of Fibonacci Applications and Strategies for Traders and The New Fibonacci Trader, both published by Wiley.

From the Back Cover

FOR TRADERS WHO WANT TO KEEP ONE STEP AHEAD―A FRESH LOOK AT THE CLASSIC PRINCIPLES AND APPLICATIONS OF BOTH FIBONACCI NUMBERS AND THE ELLIOT WAVE TRADING SYSTEM

Until now, the Fibonacci summation series―one of the most important mathematical structures underlying natural phenomena―was used solely for the measurement of corrections and extensions of price swings. With the publication of this groundbreaking book, Fibonacci numbers become an exceptional profit-generating tool for commodity traders, portfolio managers, and market analysts.

Addressing one of the most fascinating subjects in stock and commodity analysis today, this breakthrough guide takes a critical new look at the concepts and applications of both Elliot Wave and Fibonacci numbers. It then selectively incorporates the best each strategy has to offer into a precise, reliable, well-disciplined trading tool that will enable profit-hungry traders to:

• Develop price and time analyses with precision
• Pinpoint commodity market tops and bottoms
• Evaluate fluctuating business and economic cycles

Packed with numerous charts and tables that graphically show how to apply this analysis on a weekly, daily, or intraday basis, here is a must-have guide for traders seeking to enhance their financial analysis and build the power and precision of Fibonacci numbers into their current trading system.

From the Inside Flap

FOR TRADERS WHO WANT TO KEEP ONE STEP AHEAD—A FRESH LOOK AT THE CLASSIC PRINCIPLES AND APPLICATIONS OF BOTH FIBONACCI NUMBERS AND THE ELLIOT WAVE TRADING SYSTEM

Until now, the Fibonacci summation series—one of the most important mathematical structures underlying natural phenomena—was used solely for the measurement of corrections and extensions of price swings. With the publication of this groundbreaking book, Fibonacci numbers become an exceptional profit-generating tool for commodity traders, portfolio managers, and market analysts.

Addressing one of the most fascinating subjects in stock and commodity analysis today, this breakthrough guide takes a critical new look at the concepts and applications of both Elliot Wave and Fibonacci numbers. It then selectively incorporates the best each strategy has to offer into a precise, reliable, well-disciplined trading tool that will enable profit-hungry traders to:

• Develop price and time analyses with precision
• Pinpoint commodity market tops and bottoms
• Evaluate fluctuating business and economic cycles

Packed with numerous charts and tables that graphically show how to apply this analysis on a weekly, daily, or intraday basis, here is a must-have guide for traders seeking to enhance their financial analysis and build the power and precision of Fibonacci numbers into their current trading system.

Edition details

• Publisher: Wiley
• Publication date: 1993
• ISBN 10: 0471585203
• ISBN 13: 9780471585206
• Binding: Hardcover
• Language: English
• Edition number: 1
• Number of pages: 192