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[Missionforex.com]Derrik S. Hobbs - Fibonacci for the Active Trader

[Missionforex.com]Derrik S. Hobbs - Fibonacci for the Active Trader
Click to enlarge
Price: $14 $3
Availability: In Stock
Model: 102
Manufacturer: Missionforex
Average Rating: Not Rated

Blends heavy influence of Dinapoli with some Pesavento and Robert Miner. I did notice he used Dynamic Trader for his charting examples, yet failed to mention a thing about Elliott Wave in his methods. The book is simple to read, very much like a Larry Connors style of book. Presents 8 methods, many of them overlapping each other in theory and setups. Basically, trades off confluences of a particular fib retracement (essentially a Wave 4 retracement) and then gives simple fib targets. A trader would gain the most from this book by having an EW background and then interpreting the setups to incorporate with wave counts. Otherwise, I think a new trader might look too hard for a "higher high" and so forth, just to match the setup.

 

Derrik Hobbs is co-portfolio manager/financial analyst for a publicly traded mutual fund. The fund was listed as one of the best performing large-cap growth funds in their universe in the January 2002 issue of Smart Money. Derrik provides short to intermediate-term trading guidance to the fund, as well as entry and exit recommendations on long-term fundamental positions, based on technical indicators and Fibonacci analysis. He also writes a widely-read column for TradingMarkets.com.

 


Product Details

  • Softbook: 221 pages
  • Publisher: TradingMarkets Publishing Group (July 1, 2003)
  • Language: English
  • ISBN-10: 0972122974
  • ISBN-13: 978-0972122979

 

 

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