Fibonacci for the Active Trader
$22.70
| Author(s) | |
|---|---|
| Product Type |
Ebook |
| Format |
|
| Skill Level |
Beginner to Intermediate |
| Pages |
203 |
| Publication Year |
2004 |
| Delivery |
Instant Download |
Fibonacci for the Active Trader is a practical, execution-focused guide designed for traders who want to apply Fibonacci analysis directly to live markets without unnecessary complexity. Derrik S. Hobbs bridges the gap between theoretical Fibonacci concepts and real-world trading by showing how retracements, extensions, and projections can be used as decision tools, not decorative indicators.
Rather than treating Fibonacci levels as isolated numbers, the book emphasizes market structure, swing selection, and contextual alignment. Hobbs explains how Fibonacci ratios interact with trend, momentum, and price behavior, allowing traders to define high-probability areas for entries, exits, and trade management. The methodology is grounded in clarity and repeatability, making it suitable for active traders operating on intraday and short-term swing timeframes.
A key strength of this book is its focus on practical application. Readers are guided through how to correctly anchor Fibonacci tools, how to avoid common analytical errors, and how to interpret price reactions at key Fibonacci zones. The book also addresses risk management, stop placement, and realistic expectations—ensuring Fibonacci analysis is used as part of a complete trading process rather than a standalone signal.
This is not a theoretical or academic work. It is a trader’s manual aimed at improving execution quality, timing precision, and structural discipline when using Fibonacci techniques in fast-moving markets.
✅ What You’ll Learn:
- How to correctly apply Fibonacci retracements and extensions in trending markets.
- Proper swing selection and anchoring techniques for reliable Fibonacci analysis.
- Identifying high-probability reaction zones instead of blindly trading levels.
- Using Fibonacci tools for trade entry, stop placement, and profit targets.
- How Fibonacci ratios interact with trend, momentum, and price behavior.
- Common Fibonacci mistakes and how to eliminate them from your analysis.
- Integrating Fibonacci analysis into a structured, rule-based trading plan.
💡 Key Benefits:
- A clear, trader-centric approach to Fibonacci analysis.
- Reduces subjectivity by emphasizing structure and context.
- Improves trade timing and execution precision.
- Suitable for active trading across multiple markets and timeframes.
- Helps transform Fibonacci tools into practical decision-making frameworks.
👤 Who This Book Is For:
- Active traders seeking a practical Fibonacci methodology.
- Intermediate traders wanting to improve execution and timing.
- Price action traders looking to enhance structure-based analysis.
- Traders who prefer clarity, rules, and repeatable processes over theory.
📚 Table of Contents:
- UNDERSTANDING HOW FIBONACCI WORKS
- HOW TO FIND IMPORTANT SUPPORT AND RESISTANCE LEVELS WITH FIBONACCI
- USING FIBZONES TO IDENTIFY HIGHPROBABILITY REVERSALS
- HOW TO ENTER TRENDS USING THE TREND TRIGGER STRATEGY
- THE REFLECTION REVERSAL METHOD
- TRADING PULLBACKS USING THE TRIPLE CROWN STRATEGY
- TWO-STEP PATTERNS (TSP)
- HEISENBERG 200
- SHARK ATTACK
- AIR POCKETS
- ENTRY PATTERNS: HOW TO ENTER THE TRADE
- RISK MANAGEMENT: IDENTIFYING AND MANAGING THE KEY AREAS OF RISK CONTROL
Fibonacci For The Active Trader By Derrik S. Hobbs
7 reviews for Fibonacci for the Active Trader
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Jaime Dalton (verified owner) –
one of the best Fibo books on the markets and I have read a lot . the best!. Its one
Hailey Trevino (verified owner) –
This book will help you do it. It’s amazing to me how many so-called “traders” do not know this information. Mr. Hobbs does an excellent job of presenting the material and even has his own Fib patterns included.
Kylo Watson (verified owner) –
This is an excellent starter text for anyone wanting to get going with Fibonacci. Before I picked up the book, I really hadn’t taken Fibs very seriously and although I knew they existed, I didn’t really do any research on them to be of any value. That’s strange being an engineer by profession, as I always try to understand something before discounting it. It was still a fuzzy area as I didn’t know how to use them, and I was trapped in the “collecting indicators” cycle like so many other traders.
I loved the pace of this book. The authors introduces the reader to concepts in a clear and measured manner so that all the info can be digested properly before moving on. For a new beginner in Fibonacci this works really well. The text is simple and straightforward and the author does not leave the reader scrambling to re-read sections just to make sense of it. The math is explained in a comfortable manner so that it should be readily acceptable to the average reader and not leave him/her feeling like everything is going over their head. The charts are clear and complement the text adequately. After explaining the basics, the authors moves on to detail some of the setups he uses for his Fibonacci trading. You can take these as they are presented or adapt the methods to your own style as required.
Overall, I found this book to be an excellent read for the new trader trying to get his hands around Fibonacci. Once those basics are mastered, you will never see a chart the same way again. As I had always suspected, price leads everything else and Fibonacci adds a mathematical beauty to the whole prediction process that, once you can start using the Fibonacci method, you’ll be glad you got on board.
Maison Park (verified owner) –
A good instructional book on how to find out and equate the different levels of Fibonacci in any market.
Just pure pencil to paper basic arithmetic.
The author also uses different examples of when price could possibly reverse using Fibonacci levels which are known in this book as (Fib zones). The author has a lot of rehash methods in this book like (AB CD patterns, symmetry, etc.)
So i’m I saying this is a bad book?? NOT AT ALL..
It is an ideal book for BEGINNERS, and some INTERMEDIATE not ADVANCED because in my opinion there is nothing that an advance trader has not seen here.
Lia Bryan (verified owner) –
Derrick Hobbs – beautiful author, it’s book a very good for trading specialist who want to know how trade much better
Jimena Adkins (verified owner) –
I had previously read Fibonacci for the forex by the Russian author and loved that book. He stated that this book was the best fibonacci book in print or words to that effect . Sadly that is not the case. After explaining basic projections, extentions, expansions, and retracements, he shows examples where he never again explains which tool s he is using. The levels are unreadable so you cannot see or decipher what he is doing. I would recommend Robert c. Miner’s book which has more ideas and a very clear presentation.
Lilian Phan (verified owner) –
I don’t understand why they stopped publishing this gem. Written by one of the students of Robert Miner, one of the best Fibo technicians out there, this book is an absolute must-read Fibo book. You won’t be diappointed. I promise.