Candlestick charting, pattern recognition, and Fibonacci applications are three of the most popular technical tools used by stock, options, and futures traders. By merging the three techniques, Robert Fischer, a well-known Fibonacci expert and author of The New Fibonacci Trader and Fibonacci Applications and Strategies for Traders provides traders with a new, cutting edge trading strategy. This synergistic approach, never before written about, will attract traders looking for an edge in challenging market times, regardless of whether they are short- or long-term traders
Book Details:
- Author: Robert Fischer
- ISBN: 9780470232712
- Year Published: 2003
- Pages: 272
- BISAC: BUS027000, BUSINESS & ECONOMICS/Finance
About the Book and Topic:
Candlestick charting, pattern recognition, and Fibonacci applications are three of the most popular technical tools used by stock, options, and futures traders. By merging the three techniques, Robert Fischer, a well-known Fibonacci expert and author of The New Fibonacci Trader and Fibonacci Applications and Strategies for Traders provides traders with a new, cutting edge trading strategy. This synergistic approach, never before written about, will attract traders looking for an edge in challenging market times, regardless of whether they are short- or long-term traders
Robert Fischer has established himself as the leader in the world of Fibonacci trading with his last two books. Now, by combining Fibonacci, candlesticks and chart pattern trading, he builds on that success with a new approach to increased profits by using three reality-proven trading strategies in conjunction with one another. Fischer starts off with the basics of each method; a section on chart patterns and trend changes; entries and exits when merging chart patterns and candlesticks into Fibonacci; and daily analysis versus intra-day analysis. There is also a CD-ROM that accompanies the book so traders are tutored to use the methods with immediate practice.
NEW, IN-DEPTH EXPLANATION OF A NEW TRADING STRATEGY. Fischer, a respected and well-known writer on Fibonacci applications in trading, has developed a synergistic trading methodology that combines the power of Fibonacci applications with candlestick charting techniques and pattern recognition. SPECIFICALLY TRADE ORIENTED. This book filters out the most important aspects of Fibonacci trading tools, candlestick patterns and 3-point chart patterns, giving detailed descriptions about entry rules, stop loss, profit targets and trailing stops. It selectively incorporates the best of each trading approach into a precise, reliable, well-disciplined trading tool that enables traders to take advantage of naturally occurring and recurring patterns. INCLUDES POWERFUL TUTORIAL CD-ROM. Upgraded with new trading tools which can be used by every trader on ASCII data on any product traded in any exchange in the world. Provides readers with visual charts to walk them through this new strategy.
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 from Wiley. Dr. Jens Fischer, born 1967, studied Applied Mathematics at Wuppertal University, specialized in Macroeconomics and International Trade with a Masters Degree in Economics at Cologne University and conducted research on Russian Foreign Policy in Moscow and Nizhniy Novgorod, Russia, as well as in Jena and in Gießen, Germany, to receive a Doctors Degree in Social Sciences. He currently works as an Adjunct Professor for International Relations at Dortmund University, Germany and advises Fischer Asset Management Ltd., Bermuda, in matters of computer simulation and system design.