Across 14 chart-filled pages, Senior Tutorial Instructor Wayne Gorman explains Fibonacci and provides practical tools to help you formulate and execute your own trading strategy by combining wave analysis with Fibonacci relationships. You'll never look at charts the same way again!
Patterns are everywhere. We see them in the ebb and flow of the tide, the petals of a flower, or the shape of a seashell. If we look closely, we can see patterns in almost everything around us. The price movements of financial markets are also patterned, and Elliott wave analysis gives you the tools to interpret those patterns.
The Fibonacci sequence is vital to Elliott wave analysis -- as a matter of fact, R.N. Elliott, pioneer of the Wave Principle, wrote that the Fibonacci sequence provides the mathematical basis of the Wave Principle. Once you understand the Fibonacci sequence, it's easy to apply it to the markets you trade.
In 14 chart-filled pages, the "How You Can Use Fibonacci to Improve Your Trading" eBook takes the complexity out of combining wave analysis with Fibonacci relationships. The result? You'll learn actionable techniques that you can apply to your trading right away. You'll be equipped to spot trading opportunities in your charts like never before!
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Wayne Gorman, CEWA-M, is a 40-year veteran risk manager and trader. He started out at Citibank, where he managed trading positions in money markets and derivatives. He traded full-time with his own capital for almost five years before. In 2013, Wayne co-authored the Amazon best-selling book Visual Guide to Elliott Wave Trading, published by Bloomberg Press. Wayne is also the author of multiple EWI trading tutorials.