Fibonacci Trading: How to Master the Time and Price Advantage Hardcover – March 17, 2008

This is a great piece of tech! I was afraid of this book when it first arrived as it looked too complicated. I even set it aside for a while. The writing is very small and there is a LOT in content. But once I decided to confront getting through the material, it is actually well written and fairly easy to follow. I think it is the very small type that freaked me out as "complicated" looking. So don't let that scare you off!The information is well laid out on a good gradient to learn this method. Nothing is 100% but this sure gives you and edge and is right often enough to be very workable on ANY chart. This is not just how to draw "fib levels". It is about adding other fib work to clarify and confirm a direction and possible support-resistance levels.I am now subscribed to her site, fibonacciqueen.com. It is quite a good "bang for the buck" at $79 a month. Between the book and her site there is very worthwhile information that can lead to a successful trading plan.

I am considered the Simon Cowell of book reviews, so people know when I give 5 stars it's the real McCoy. I can tell by what many of the 1 star reviewers said they are beginners, and this book is definitely not for beginners. If you want to get the most out of this book, first educate yourself as much as you can on fibos first, and then read this book. This is as advanced as it gets on fibos. I appreciated the fact the author had plenty of charts and explanations. This isn't a book you would want to just try to read in one sitting. You need to read thru one of the concepts, practice it yourself on your charts until you get the concept down, and then go to the next section.I am very familiar with ABC retracements, but Carolyn takes that analysis to the next level, and then to the next level after that. She explains what you have to look for to validate an ABC(she doesn't call them ABC retracements by the way) retracement or not, and with the fibos you will know where to look for that point of validation(you validate later in the chart, but to do that you need to know where to start). I could go on and on about this book, but it is so comprehensive it would take too long. If you are familiar with fibos, do yourself a favor and buy this book. If you aren't familiar with fibos, then get familiar with them and then buy this book. You will be glad you did.

Carolyn does a very good job in explaining fib levels and correlating it with stocks. Plenty of examples provided. This book is worth its weight in gold!1)Plenty of examples2) Does a really good job in explaining levels and setupsOnly con is these are primitive bar charts which are no longer used anywhere. Candlesticks are way to go.You have to internalize and practice each chapter. For that you should have a software where you are able to draw the levels like think or swim or trade station. I went through 1 star reviews. you should not buy this book if1) you just started trading2) you do not know who to analyze charts3) you have not read some of technical analysis classics by martin pring or murphy.4) wanted a book of get rich quick schemes(spoiler: there are none)this is an advanced topic for analysis. The indicators in here are powerful and deserve a book of its own. Carolyn has done a fantastic job. You have to use these with chart patterns and other analysis.

Carolyn Boroden, in my opinion, knows more about how to use Fibonacci in trading stock and options than anyone I have studied thus far. This book takes you through the basics and shows you examples of their use in a wide variety of futures and equities. In truth I got a little bogged down in all of the examples the first time through but they clarified the information as I went along.After you have jumped into Fibonacci Trading also check out Carolyn's web site Fibonacciqueen.com for continuing information.It has made a huge difference in my attitude toward trading. I really like it and it was worth every cent.

Compared to most trading books, this one is great, easy to read, and includes tons of examples. It is a very thorough book that provides all of the basic and principles without becoming history and statistic heavy like most texts. It was interesting to read the story of Fibonacci trading develop along the way adding pieces to the puzzle with each chapter. I do wish there were more examples of specifically how to perform many of the tests and analysis, but that's what the website and trading community are for. It would be difficult to explain with works something that would take 5 seconds to explain by showing. This boot has so many examples that it will serve as a great reference book once you have read it the first time.