In Fibonacci For The Active Trader, Derrik Hobbs will teach you his favorite Fibonacci strategies for anticipating and potentially capturing the most significant turns in stocks, stock indices and exchange-traded funds.
Chapter 1: I will explain what you need to understand about Fibonacci numbers in order to use them as a powerful tool in your trading.
Section I: The Most Important Fibonacci Tools
Chapter 2: I will lay the foundation for the rest of the book by teaching you the basic step-by-step process that is common to all of the strategies that I will be teaching.
Chapter 3: You will then learn about FibZones. FibZones will provide you with a way of using multiple Fibonacci relationships to find reversals that have a higher-than-normal probability of occurring.
Section II: My Favorite Fibonacci Strategies
Chapter 4: I will teach you one of my favorite Fibonacci trend-following strategies.
Chapter 5: you will learn how repeating patterns in price can play a key role in helping you to identify the most powerful reversals.
Chapter 6: I will show you how, through the use of certain Fibonacci ratios and certain swing patterns, you can find excellent pullback trades at the beginning of a reversal or within a strong trend.
Chapter 7: In this chapter I will teach you three variations on what I call “Two-Step Patterns.” These three patterns will enable you to capture
strong trends, enter the initial pullbacks of newly formed trends and trade major reversals in all time frames.
Chapter 8: I will teach you how to determine when a violation of the widely watched 200-day moving average is likely a fake-out. I will teach you how to use Fibonacci in order to enter the powerful reversals that occur from these fake-out moves.
Chapter 9: I’ll teach you is a special variation on double-top and double-bottom patterns. By using Fibonacci Extensions, you will be able to identify major reversals that occur off the second bottom (or top) of this pattern.
Chapter 10: I will show you how to trade momentum moves that occur when a Fibonacci support or resistance zone is violated.
Section III: It Boils Down To Proper Execution
Chapter 11: In this chapter, I will focus on teaching you the best patterns to use in order to trigger entries into trades. These entry patterns can then be applied to any of the strategies that I teach you in this book.
Chapter 12: Finally, I’ll wrap up by teaching you the most important principles that enable you to achieve long-term trading success.
- 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