Harmonic Trading: Profiting from the Natural Order of the Financial Markets

In two volumes, Carney lays out his systems for financial market trading using rules applied to each step of the trading process, which he presents in closely defined scenarios. Using alignment of Fibonacci ratios of price structures, the harmonic trading method described is based on analysis of price charts. Carney describes the basics of Fibonacci numbers and the methods of pattern identification in expansive, clearly illustrated initial chapters. The remaining chapters contain descriptions of specific types of patterns, with notes on exceptions, case studies, and discussion of the market downturn of 2007-08. FT Press is an imprint of Pearson Education. Annotation 穢2010 Book News, Inc., Portland, OR (booknews.com)