Scott M. Carney is President and Founder of HarmonicTrader.com, and the originator of the Harmonic Trading approach. He personally defined this unprecedented methodology that employs a unique system of price pattern recognition and Fibonacci measurement techniques to define opportunities in the financial markets. Among his many discoveries, Scott has defined most of the harmonic patterns, including the Bat, the ideal Gartley, and the Crab. He has been recognized for other contributions to Technical Analysis, including the concept of the Potential Reversal Zone (PRZ), the 0.886 retracement, and the 38.2% trailer. Carney has been a columnist for StockCharts.com, TradingMarkets.com, and eSignal.com, and he has been featured on CNN. He is a full member of the Market Technicians Association (www.mta.org) and the American Association of Professional Technical Analysts (www.aapta.us).

Review:

Upon reading Vol 2, I was just amazed in how much detail is given regarding Harmonic Trading, especially with the NEW PATTERNS!!... There is bad news though, I seem to find a lot of Mistakes or typos.

But other than that it is GOOD NEWS FOR ALL TRADERS, IN ANY MARKET.
I HIGHLY RECOMMEND you read Vol 1 first and spend enough fair time to get used to Mr.Carney way of teaching.

Once again Mr.Carney reminds his readers that this is not a get rich scheme BUT
you can benefit by having more WINNERS THAN losing Trades.

Mr. Carney is very honest and comes up front with the patterns. The patterns alone CANNOT be a definite sign of a trend reversing. It is a HIGH PROBABLITY that it might reverse. Playing the game of risk and not of gambling..

Product Details

Ebook: 288 pages

• Publisher: FT Press; 1 edition
  
• Language: English
• ISBN-10: 0137051514
• ISBN-13: 978-0137051519

Scott Carney, President and Founder of HarmonicTrader.com, has defined a system of price pattern recognition and Fibonacci measurement techniques that comprise the Harmonic Trading approach. He has named and defined harmonic patterns such as the Bat pattern, the ideal Gartley pattern, and the Crab pattern. He is the author of three books: The Harmonic Trader (1999), Harmonic Trading of the Financial Markets: Volume One (2004), and Harmonic Trading of the Financial Markets: Volume Two (2007). In 2005, Carney joined A.I.G. Financial Advisors as a Registered Investment Advisor. He has since left A.I.G. Financial Advisors after two years to start his own firm. In addition, Carney is a full member of the Market Technicians Association (www.mta.org) and the American Association of Professional Technical Analysts (www.aapta.us). He has been a regular columnist on several well-known websites, such as StockCharts.com, TradingMarkets.com, and eSignal.com. Carney is a featured guest on CNNfn, and he presents seminars nationally.