THE NEW FIBONACCI TRADER

Description:

Powerful new strategies from the Fibonacci experts With his bestselling Fibonacci Applications and Strategies for Traders, Robert Fischer established himself as the leader in the Fibonacci approach to trading. This groundbreaking new book offers a powerful new arsenal of tools and a sophisticated computer program to help traders identify trading opportunities. Fischer describes a number of new natural geometries that correlate to price chart patterns, including Fibonacci arcs, magic ellipses, the golden ratio, and others. He demonstrates how individually, or in concert, they can provide the foundation for sophisticated trading strategies. The book also includes a CD-ROM containing software that makes Fischer's theories immediately practicable. Robert Fischer (New York, NY) is President of Fischer Asset Management, Ltd., Bermuda. He has designed trading programs for leading financial institutions, has held seminars about Fibonacci worldwide, and is the author of Fibonacci Applications and Strategies for Traders.

Book contains a CD-Rom that shows you how to effectively apply Fibonacci trading tools by using state-of the-art WINPHI SOFTWARE.

Table of Contents

• Chapter 1 Basic Fibonacci Principles
  • The Fibonacci Summation Series
  • The Fibonacci Ratio 4
  • The Elliott Wave Principle 14
  • Summary; Geometrical Fibonacci Tools 22
  • Final Remarks 36
• Chapter 2
  • Appllying the Fibonacci Summation Series 37
  • Applying Fibonacci's Summation Series In Principle 37
  • The Fibonacci Summation Series on Daily Data 41
  • The Fibonacci Summation Series on Weekly Data 49
  • Summary 51
• Chapter 3
  • Applying the Fibonacci Ration to Corrections and Extensions 53
  • A. Basic Features of Corrections 54
  • B. Corrections on a Daily Basis 69
  • C. Corrections on a Weekly Basis 75
  • D. Extensions in a 3-Wave Pattern 79
  • E. Extensions in a 5-Wave Pattern 92
  • F. A 5-Wave Pattern and Summation Series Combines 98
  • G. Summary 101
• Chapter 4
  • PHI-Channels 105
  • Structure of Regular Trend Channels 105
  • Structure of PHI-Channels 110
  • Working with PHI-Channels 116
  • Summary 134
• Chapter 5
  • PHI-ellipses 137
  • Basic Features and Parameters of PHI-Ellipses 138
  • Working wiht PHI-Ellipses 154
  • Summary 191
• Chapter 6 PHI-Spirals 195
  • Basic Features and Parameters of PHI-Spirals 197
  • Working with PHI-Spirals 210
  • Summary 256
• Chapter 7
  • Fibonacci Time-Goal Analysis 259
  • Basic Features of Fibonacci Time-Goal Days 261
  • Applications of Fibonacci Time-Goal Days 265
  • Summary 274
• Chapter 8
  • Combining Fibonacci Tools 277
  • Sorts of Combinations of Fibonacci Tools 278
  • Stock Index Futures and Cash Currencies Daily 281
  • Stock Index Futures Intraday 295
  • Stocks Weekly and Daily 306
  • Summary 314
• Afterword: The New Fibonacci Traders: Who Are They? 317
• Tutorials 323
• List of Abbreviations 325
• Disclaimer 327
• Appendix: User Manual
• WINPHI (CD-Rom): Getting Started 329
• Index 347