Fibonacci Trading: How to Master the Time and Price Advantage

by Carolyn Boroden

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.

This hands-on guide is packed with a wealth of actual trading situations, setups, and scenarios that bring the four-step formula to life so you can immediately use it in the real world.

Genres: Finance, Nonfiction, Economics, Business

320 pages, Hardcover

First published January 1, 2008

Reviews

[Abolfazl Izadi · Rating 4 out of 5]

روان و قابل فهم
و نکته مثبت پررنگش این بود که پر ازتمرینو مثال بود

[Joshua Cockburn · Rating 4 out of 5]

Old school af, very interesting use of fib tools which I’ve never seen. Sometimes TOO repetitive with examples. I enjoyed

[Wayne · Rating 4 out of 5]

This book is a clean and concise intro into the use of Fibonacci and price/time confluence to plan trade entries and exits (although she spends a lot more time on the entry part and only mentions exits really in reference to trailing stops.)

If people haven't looked in to using Fibonacci retracements, extensions and projections before, then this provides a good foundation. The book is filled with charts and as a result it's just as much a visual learning experience as a written one.

This only really goes into the very basics, but for some people that will be enough and it's definitely more powerful than the simplicity would suggest.

[Mariana W. Colan · Rating 5 out of 5]

𝙇𝙖𝙨𝙩 𝙮𝙚𝙖𝙧, 𝙄 𝙛𝙚𝙡𝙡 𝙛𝙤𝙧 𝙤𝙣𝙚 𝙤𝙛 𝙩𝙝𝙤𝙨𝙚 𝙘𝙧𝙮𝙥𝙩𝙤 𝙜𝙞𝙫𝙚𝙖𝙬𝙖𝙮 𝙨𝙘𝙖𝙢𝙨 𝙩𝙝𝙖𝙩 𝙡𝙤𝙤𝙠𝙚𝙙 𝙘𝙤𝙢𝙥𝙡𝙚𝙩𝙚𝙡𝙮 𝙧𝙚𝙖𝙡. 𝙄 𝙡𝙤𝙨𝙩 𝙖 𝙝𝙪𝙜𝙚 𝙖𝙢𝙤𝙪𝙣𝙩 𝙤𝙛 𝙢𝙤𝙣𝙚𝙮 [1𝙢] | 𝙩𝙧𝙪𝙡𝙮 𝙘𝙤𝙪𝙡𝙙𝙣'𝙩 𝙖𝙛𝙛𝙤𝙧𝙙 𝙩𝙤 𝙡𝙤𝙨𝙚. 𝙁𝙤𝙧 𝙢𝙤𝙣𝙩𝙝𝙨 𝙄 𝙩𝙝𝙤𝙪𝙜𝙝𝙩 𝙚𝙫𝙚𝙧𝙮𝙩𝙝𝙞𝙣𝙜 𝙬𝙖𝙨 𝙜𝙤𝙣𝙚. 𝙒𝙝𝙖𝙩 𝙢𝙖𝙙𝙚 𝙖 𝙙𝙞𝙛𝙛𝙚𝙧𝙚𝙣𝙘𝙚 𝙬𝙖𝙨 𝙛𝙞𝙡𝙞𝙣𝙜 𝙤𝙛𝙛𝙞𝙘𝙞𝙖𝙡 𝙧𝙚𝙥𝙤𝙧𝙩𝙨, 𝙩𝙖𝙡𝙠𝙞𝙣𝙜 𝙩𝙤 𝙧𝙚𝙖𝙡 𝙘𝙮𝙗𝙚𝙧𝙘𝙧𝙞𝙢𝙚 𝙖𝙪𝙩𝙝𝙤𝙧𝙞𝙩𝙞𝙚𝙨> 𝙯𝙞𝙦𝙘.𝙞𝙣𝙛𝙤@𝙜𝙢𝙖𝙞𝙡.𝙘𝙤𝙢 𝙖𝙣𝙙 𝙛𝙤𝙡𝙡𝙤𝙬𝙞𝙣𝙜 𝙥𝙧𝙤𝙥𝙚𝙧 𝙥𝙧𝙤𝙘𝙚𝙙𝙪𝙧𝙚𝙨 𝙬𝙞𝙩𝙝 𝙚𝙭𝙘𝙝𝙖𝙣𝙜𝙚𝙨. 𝙏𝙝𝙚𝙮 𝙬𝙚𝙧𝙚 𝙖𝙗𝙡𝙚 𝙩𝙤 𝙧𝙚𝙘𝙤𝙫𝙚𝙧 𝙬𝙝𝙖𝙩 𝙞 𝙩𝙝𝙤𝙪𝙜𝙝𝙩 𝙬𝙖𝙨 𝙜𝙤𝙣𝙚 𝙛𝙤𝙧𝙚𝙫𝙚𝙧, 𝙞𝙩 𝙝𝙖𝙥𝙥𝙚𝙣𝙨 𝙡𝙞𝙠𝙚 𝙖 𝙢𝙖𝙜𝙞𝙘 𝙩𝙤 𝙗𝙚𝙘𝙖𝙪𝙨𝙚 𝙄 𝙣𝙚𝙫𝙚𝙧 𝙚𝙭𝙥𝙚𝙘𝙩𝙚𝙙 𝙢𝙮 𝙡𝙤𝙨𝙩 𝙛𝙪𝙣𝙙 𝙘𝙤𝙪𝙡𝙙 𝙗𝙚 𝙧𝙚𝙘𝙤𝙫𝙚𝙧𝙚𝙙! 𝙄𝙩 𝙬𝙖𝙨 𝙖 𝙜𝙧𝙚𝙖𝙩 𝙡𝙚𝙨𝙨𝙤𝙣 𝙛𝙤𝙧 𝙢𝙚 𝙩𝙤 𝙡𝙚𝙖𝙧𝙣 𝙛𝙧𝙤𝙢 𝙖𝙣𝙙 𝙄 𝙬𝙞𝙡𝙡 𝙣𝙚𝙫𝙚𝙧 𝙞𝙣𝙫𝙤𝙡𝙫𝙚 𝙢𝙮𝙨𝙚𝙡𝙛 𝙤𝙣 𝙤𝙣𝙡𝙞𝙣𝙚 𝙩𝙧𝙖𝙙𝙚 𝙤𝙧 𝙖𝙣𝙮𝙩𝙝𝙞𝙣𝙜 𝙩𝙝𝙖𝙩 𝙝𝙖𝙨 𝙩𝙤 𝙙𝙤 𝙬𝙞𝙩𝙝 𝙩𝙧𝙖𝙙𝙞𝙣𝙜. 𝙄'𝙢 𝙥𝙤𝙨𝙩𝙞𝙣𝙜 𝙩𝙝𝙞𝙨 𝙗𝙚𝙘𝙖𝙪𝙨𝙚 𝙢𝙖𝙣𝙮 𝙥𝙚𝙤𝙥𝙡𝙚 𝙛𝙚𝙚𝙡 𝙚𝙢𝙗𝙖𝙧𝙧𝙖𝙨𝙨𝙚𝙙 𝙤𝙧 𝙝𝙤𝙥𝙚𝙡𝙚𝙨𝙨 𝙖𝙛𝙩𝙚𝙧 𝙗𝙚𝙞𝙣𝙜 𝙨𝙘𝙖𝙢𝙢𝙚𝙙. 𝙋𝙡𝙚𝙖𝙨𝙚 𝙛𝙤𝙘𝙪𝙨 𝙤𝙣 𝙡𝙚𝙜𝙞𝙩𝙞𝙢𝙖𝙩𝙚 𝙝𝙚𝙡𝙥 𝙤𝙣𝙡𝙮 — 𝙘𝙮𝙗𝙚𝙧 𝙘𝙧𝙞𝙢𝙚 𝙖𝙪𝙩𝙝𝙤𝙧𝙞𝙩𝙞𝙚𝙨 , 𝙮𝙤𝙪𝙧 𝙗𝙖𝙣𝙠'𝙨 𝙛𝙧𝙖𝙪𝙙 𝙙𝙚𝙥𝙖𝙧𝙩𝙢𝙚𝙣𝙩, 𝙖𝙣𝙙 𝙧𝙚𝙘𝙤𝙜𝙣𝙞𝙯𝙚𝙙 𝙘𝙮𝙗𝙚𝙧𝙨𝙚𝙘𝙪𝙧𝙞𝙩𝙮 𝙧𝙚𝙨𝙤𝙪𝙧𝙘𝙚𝙨. 𝘿𝙤𝙘𝙪𝙢𝙚𝙣𝙩 𝙚𝙫𝙚𝙧𝙮𝙩𝙝𝙞𝙣𝙜 𝙖𝙣𝙙 𝙖𝙘𝙩 𝙦𝙪𝙞𝙘𝙠𝙡𝙮.

[Reza Gonabadi · Rating 3 out of 5]

This book is a great resource for beginners, especially if you're new to trading and want to learn about Fibonacci Time and Price concepts from the ground up. The author does a solid job of explaining these tools in a clear and easy-to-understand way.

The trade entry strategies are well explained and practical, which I found very helpful. However, the book doesn't go into much detail when it comes to exit strategies and trade management. It would have been even better with more insight on how to handle trades after entering.

Overall, it's a valuable read for anyone starting out with Fibonacci trading.

[I'm Kian · Rating 4 out of 5]

به علت حرفه ای که دارم باید این کتاب ها رو بخوانم. این کتاب رو به زبان اصلی خواندم و توصیه میکنم هرکس خواست بخوانه این رو دانلود کنه و بخوانه چون خیلی روان هست. برای دانستن و فهم بهتر تکنیکال این کتاب ضروریه

[Goh Kheng Hua · Rating 5 out of 5]

Exemplary Fibonacci Guide!

There are so many useful examples presented in this books! A very practical hand on guide for everyone wishing to master this subject.

[Mohd Anaam · Rating 5 out of 5]

Gud

[Peter · Rating 4 out of 5]

Nice trading strategy. Fibbs confluence and price cluttering. It also goes a little into how to structure a trading plan and money management.
If you want to trade fibonacci, this book will give you a good starting point on how to take advantage of this amazing tool.

[James Douglas · Rating 3 out of 5]

Take your knowledge of fibonacci to the next level

This book helped me fine tune my knowledge to the next level. I learned alot more about fibonacci time levels and combined with price projections helped me alot.

[Philski · Rating 4 out of 5]

fibs were good. proprietary software/oscillators kind of useless if you can't replicate therm.