New Frontiers in Fibonacci Trading: Charting Techniques Strategies & Simple Applications

About this book

Traders caught at the crossroads of traditional proven trading techniques - and new online tools and methods - have struggled to find a way of blending the two together into a unified trading system. Now the marriage of the methods is complete and brought into sharp focus in New Frontiers in Fibonacci Trading. This groundbreaking new work combines the foundations of Fibonacci trading with classic charting techniques modern applications and cutting edge online analysis tools.Michael has gone beyond his role as student" of the markets - becoming a gifted teacher in the process. He has not only mastered traditional charting and timing techniques - hes developed new methods of his own by adopting Fibonacci fundamentals to the online trading arena in which todays trader must operate for maximum advantage. Hes broken down his process into an understandable 5-part system" which encompasses.- The Building Blocks of Price Action - market structures retracement patterns and Fibonacci basics- Practical Fibonacci Applications - featuring original new applications explained in simple terms- ChartWorks" - a comprehensive charting section featuring indicators case-study trades chart-reading tips - and more- Building Good Trading Habits - 3 key steps for making rational unemotional decisions and maintaining a steady clear-headed focus throughout the trading day - even when the market is giving off mixed messages- Enthios RealTime - Puts all the pieces together and introduces new methods that form the core of his own propriety Objective Method Trading System"With detailed charts and graphics throughout each chapter illustrates real trading situations setups and solutions. Michael has fused cherished trading concepts and Fibonacci basics with his own experiences in online real-time trading. The result is a thorough new primer that shows you how to trade with greater success - on a consistent basis.