Free eBook Found : Fibonacci and Gann Application In Financial Market
Posted by sharefreebook on August 10, 2008
These are the experienced analysts who take time to dispense their accumulated knowledge of market analysis and strive to further the bounds of technical education and study.
Fibonacci and Gann theory are two areas of technical analysis that suffer in current
market conditions. The identification of key lows and highs is often very difficult
and it is to these extremes of price that both are best suited. Although Fibonacci
analysis can be applied to intermediate highs and lows, full confidence can only be
gained from the historic high or low acting as the origin for the pattern. This is even
more important in Gann analysis.
However, with the caveats outlined in previous chapters of this book kept in mind, successful application of Fibonacci and indeed Gann analysis, where conditions allow, can give excellent results. In addition, where the practitioner uses these techniques alongside other analysis tools, further understanding as to the behaviour of the market in current conditions can be gained. This is no small thing, as understanding the development of a price move is key to
profit potential……
File name : Fibonacci_And_Gann_Applications_In_Financial_Markets.pdf
Format : pdf file
File size : 7.73 MB
Pages : 241
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