A fresh look at classic principles and applications of Fibonacci numbers and the Elliott Wave trading system. Demonstrates how to calculate and predict key turning points in commodity markets, analyze business and economic cycles as well as identify profitable turning points in interest rate movement. Forty charts and tables show how to use this analysis on a daily, weekly or intra-day trading basis.

Autorentext

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 published by Wiley.

Inhalt

The Fibonacci Ratio.

The Elliott Wave Principle in a Nutshell.

Working with a 5-Wave Pattern.

Working with Corrections.

Working with Extensions.

Multiple Fibonacci Price Targets.

Time Analysis.

Combining Price and Time.

The Logarithmic Spiral.

Appendices.

Index.