Fibonacci Ratios With Pattern Recognition (Paperback)

~ (Author), Steven Shapiro (Author)

Editorial Reviews

Review

It's truly amazing. This is the only education I have been looking for in my trading. -- F.B., Italy

Product Description

Quoted from Robert Miner's Dynamic Trading Analysis Report, Pesavento has been trading for 30 years. Today, he is primarily a day trader. His new book is well focused and organized. The bulk of the book describes a limited number of high probability patterns which coincide with clusters of Fib price projections that provide the short-term trader with high probability and low capital exposure trade set-ups. These trade set-ups are equally valuable for intermediate term traders as well. The short-term set-ups can also be used to enter for an intermediate term position.

Quote from 1997 Supertrader's Almanac, Larry Pesavento presents a very persuasive argument that such patterns not only exist, but that the patterns can be profitably employed when they exhibit both the correct form and the form is in the correct proportions.

Product Details

• Paperback: 184 pages
• Publisher: Traders Press (July 1997)
• Language: English
• ISBN-10: 0934380368
• ISBN-13: 978-0934380362
• Product Dimensions: 10.6 x 8.3 x 0.5 inches
• Shipping Weight: 1 pounds (View shipping rates and policies)
• Average Customer Review: 2.8 out of 5 stars  See all reviews (9 customer reviews)
• Amazon.com Sales Rank: #399,780 in Books (See Bestsellers in Books)

Customer Reviews

Most Helpful Customer Reviews

16 of 18 people found the following review helpful:

5.0 out of 5 stars This is Pesavento's best work, September 10, 2001

By	scotte (Nowhere, NoState, USA) - See all my reviews

It is elegant, simple, and yet fully informative. Pesavento is the guy who originally taught Joe DiNapoli, although DiNapoli's software and ideas are probably better for short-term traders. But this books is a great starting place.

scotte

14 of 16 people found the following review helpful:

5.0 out of 5 stars Best Fibonacci Book, March 8, 2003

By A Customer

This is some of the best work on Fibonacci I've seen. It is very advanced but if you expend the effort to learn it the patterns are profitable. For example, I use the Gartley "222" Pattern and the Shapiro Iteration regularly. There are many example charts to graphically explain the patterns. Highly Recommended

24 of 31 people found the following review helpful:

1.0 out of 5 stars very confusing, December 2, 2000

By A Customer

I have been trading for 15 years. I have never read a book which is as confusing as this book!. Do not buy it.