Larry Pesavento - Fibonacci Ratios With Pattern Recognition
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Review
It's truly amazing. This is the only education I have been looking for in my trading. -- F.B., Italy
Product Description
Quoted from Robert Miner's Dynamic Trading Analysis Report, Pesavento has been trading for 30 years. Today, he is primarily a day trader. His new book is well focused and organized. The bulk of the book describes a limited number of high probability patterns which coincide with clusters of Fib price projections that provide the short-term trader with high probability and low capital exposure trade set-ups. These trade set-ups are equally valuable for intermediate term traders as well. The short-term set-ups can also be used to enter for an intermediate term position.
Quote from 1997 Supertrader's Almanac, Larry Pesavento presents a very persuasive argument that such patterns not only exist, but that the patterns can be profitably employed when they exhibit both the correct form and the form is in the correct proportions.
format: eBook
184 pages
Publisher: Traders Press (July 1997)
Language: English
ISBN-10: 0934380368
ISBN-13: 978-0934380362
Product Dimensions: 10.6 x 8.3
This is some of the best work on Fibonacci I've seen. It is very advanced but if you expend the effort to learn it the patterns are profitable. For example, I use the Gartley "222" Pattern and the Shapiro Iteration regularly. There are many example charts to graphically explain the patterns. Highly Recommended
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Larry Pesavento - Fibonacci Ratios With Pattern Recognition
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