Books or Study material for Fibonacci

FortuneTeller said:
Maxinger had the gall to once tell me I could not trade using time charts. His thinking process says you always have to use tick charts. He also says you should only day trade and not think about anything outside of day trading. wtf
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It's probably only because he hates your preferred version of Batman. Adam West, man. Ick. :)

As for me, as you know, I am range-bar guy with the Unirenkos. So I like range, he likes tick, and you like time. He's an idiot for suggesting what he did. You make the monies with what you can make it with.

End of line.
 
spectastic said:
scott carney is a good source. he sort of pioneered modern day harmonic patterns using fibs and is pretty much number 1 resource there is. pretty sure you can get his book(s) for free if you look him up.

I never got really into it myself, but find it nice to look at them from time to time.
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Thank you for the recommendation for reference. Have found myself with a desire to dig a bit deeper into Fibs. Thanks again!
 
spectastic said:
scott carney is a good source. he sort of pioneered modern day harmonic patterns using fibs and is pretty much number 1 resource there is. pretty sure you can get his book(s) for free if you look him up.

I never got really into it myself, but find it nice to look at them from time to time.
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Scott Carney learned from Robert Miner, who IMO is the true #1 resource.
 
I have read the books mentioned in this thread above and many more, e.g. Prechter, Boroden, Jardine. So many fibo books I have read.

If you want to see Fibonacci presented in a way that will actually provide you with something of a blueprint for actually deploying them profitably, I have read no better book than David Halsey's Trading the Measured Move. It was recommended by someone in the "Fibs Don't Work" thread here on ET several months ago (spring?) and I ordered it. It is the best book on Fibonacci I have read, without a doubt. This does not imply that those listed above are not worthwhile. I just want to stress how good Halsey's book is in the context of today's markets, in my opinion, of course.

Here is the ET post that introduced me to Halsey

speedo said:
Most critics will not bother to do the work but David Halsey's Trading the Measured Move is a good starting point to understand the why and where. Traders, including myself are likely to make adjustment to Halsey's trade play with respect to time frames, zones and trade management according to our own testing and experiences. As I've said before (to no lack of flack), I use a looser zone of 1/3 to 2/3 of the defining leg for retracements and look for price action in that zone to trigger a trade. For targets, fib extension grids off the defining leg are effective. Don't believe it?...watch what happens at fib levels. Either way suit yourself.
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Overnight said:
It's probably only because he hates your preferred version of Batman. Adam West, man. Ick. :)

As for me, as you know, I am range-bar guy with the Unirenkos. So I like range, he likes tick, and you like time. He's an idiot for suggesting what he did. You make the monies with what you can make it with.

End of line.
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Adam West! And time bars. The old Batman and the old way of charting before tick and range bars. No matter what one uses, it must click with them. I've traded all of them at one time or another.
 
Jack1960 said:
Fibs are very interesting. Why do you want to study them? Certainly not for making money because they do not work.
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So what do you use to make money?

And how much time did you put it to finding out whether or not "fibs don't work"?
 
Thank you Sekiyo, personally i never trade as of 23 Dec to one day after the new years bank day bank holiday in the UK.

Why wouldn't I WELL.

Slow erratic market , empty desks around the world , late night & day retail piss head trading.

every one till there own.
 
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