Fibonacci analysis is an advance technique using charts and technical analysis with specific Fibonacci relationships to predict possible turning points in the markets.

Using these studies gives the trader an opportunity to anticipate trend changes, to take advantage of market moves. Below are the most respected Fibonacci books for traders.

Filled with in-depth insights, helpful charts and graphs, and practical real-world examples, Candlesticks, Fibonacci, and Chart Pattern Trading Tools reveals how correctly combining these different strategies can give you a noticeable edge in challenging market times–regardless of whether you are a short-term or long-term trader–and improve your chances of success under a variety of market conditions. One of the staple Fibonacci books.

Fibonacci Trading offers new insight into pinpointing the highs and lows in market trading with a proven approach based on a numeric pattern known as the Fibonacci series. Armed with the know-how and tools inside one of these Fibonacci books, you’ll learn how to maximize profits and limit losses by anticipating market swings based on an enlightened understanding of how Fibonacci levels determine market trends.

This innovative approach created by pioneering technical analyst Carolyn Boroden enables you to predict turning points well in advance, better determine stop-loss placement, and accurately identify critical support and resistance levels.

This is a well researched book by an experienced successful trader. I particularly liked the fact that he provides specific rules around his methodology.

I have been trading futures and stocks since 1995. I not only have bought many books about trading but also attended seminars conducted by some trading gurus. However, I have learned more from this book than from the sum of any other books and seminars. The key difference between this book from other books and seminars is that it gives out a detailed and ACTUALLY WORKABLE trading plan any trader can apply in the markets and make REAL MONEY.

One of my trading buddies told me about this book four years ago. I have been using the methods taught in this book ever since! I wish I have known had this book much earlier so that I would have saved the money I spent on other books and the money I lost in the markets. Of all the Fibonacci books, Joe’s is the best!