Shopping Cart
0 items
 
Bestsellers
PerfectNT Lines(Enjoy Free BONUS multidimensional indicator) PerfectNT Lines(Enjoy Free BONUS multidimensional indicator)
$91 $26  
5 out of 5 Stars!
RAILWAY SYSTEM NO REPAINT INDICATOR Trading Becomes Easy with special bonus EA RAILWAY SYSTEM NO REPAINT INDICATOR Trading Becomes Easy with special bonus EA
$91 $19  
4 out of 5 Stars!
EX4-TO-MQ4 V4 decompiler version 4.0.5 FULL VERSION(SEE 3 MORE Unbelievable BONUS INSIDE!!) EX4-TO-MQ4 V4 decompiler version 4.0.5 FULL VERSION(SEE 3 MORE Unbelievable BONUS INSIDE!!)
$133 $66  
5 out of 5 Stars!
NEWTEC forex Expert Advisor 99%Winningtrades(SEE 2 MORE Unbelievable BONUS INSIDE!!FULL VERSION Pyramid EA V5) NEWTEC forex Expert Advisor 99%Winningtrades(SEE 2 MORE Unbelievable BONUS INSIDE!!FULL VERSION Pyramid EA V5)
$123 $29  
4 out of 5 Stars!
Market Scalper Pro and Trade Builder Core(BONUS Forex Trend Finder 3.0 by Jeff Wilde) Market Scalper Pro and Trade Builder Core(BONUS Forex Trend Finder 3.0 by Jeff Wilde)
$96 $23  
5 out of 5 Stars!
SuperFXrobot BEST "FX ROBOT"No.1 automated trading system in the world(SEE 2 MORE Unbelievable BONUS INSIDE!!) SuperFXrobot BEST "FX ROBOT"No.1 automated trading system in the world(SEE 2 MORE Unbelievable BONUS INSIDE!!)
$88 $29  
4 out of 5 Stars!
Web Crossover System (Enjoy Free BONUS 4-Sessions indicator) Web Crossover System (Enjoy Free BONUS 4-Sessions indicator)
$91 $22  
4 out of 5 Stars!
Megatrend FlowMeter updated version-forex indicator (Enjoy Free BONUS John Templeton – Trading in the Bluff) Megatrend FlowMeter updated version-forex indicator (Enjoy Free BONUS John Templeton – Trading in the Bluff)
$97 $19  
4 out of 5 Stars!
Leading signals that do not repaint-FOREX INDICATOR(SEE 1 MORE Unbelievable BONUS INSIDE!)Forex Black Magic system Leading signals that do not repaint-FOREX INDICATOR(SEE 1 MORE Unbelievable BONUS INSIDE!)Forex Black Magic system
$105 $22  
4 out of 5 Stars!
Super Gain forex Indicator - forex fx indicator(SEE 2 MORE Unbelievable BONUS INSIDE!)Elite swing trader-forex fx trading system Super Gain forex Indicator - forex fx indicator(SEE 2 MORE Unbelievable BONUS INSIDE!)Elite swing trader-forex fx trading system
$91 $19  
4 out of 5 Stars!
TradeGuider MT4 VSA Plugin Tradeguider 4.1.16.0 EOD RT Manual TradeGuider MT4 VSA Plugin Tradeguider 4.1.16.0 EOD RT Manual
$133 $30  
5 out of 5 Stars!
*Elliott Wave Prophet MT4 Indicator(SEE 1 MORE Unbelievable BONUS INSIDE!) *MT4 Floating Charts - undock MT4 charts *Elliott Wave Prophet MT4 Indicator(SEE 1 MORE Unbelievable BONUS INSIDE!) *MT4 Floating Charts - undock MT4 charts
$133 $19  
4 out of 5 Stars!
Forex Tester - Forex Training Software (Enjoy Free BONUS Forex Trend Finder 3.0 by Jeff Wilde) Forex Tester - Forex Training Software (Enjoy Free BONUS Forex Trend Finder 3.0 by Jeff Wilde)
$91 $30  
3 out of 5 Stars!
FOREXPROS SYSTEM 97% ACCURACY(SEE 1 MORE Unbelievable BONUS INSIDE!)Elite swing trader-forex fx trading system FOREXPROS SYSTEM 97% ACCURACY(SEE 1 MORE Unbelievable BONUS INSIDE!)Elite swing trader-forex fx trading system
$92 $23  
4 out of 5 Stars!
Steve Mauro – Market Maker Method – 4 Day Course with Indicators (Enjoy Free BONUS Drag & Drop Volume Profile Forex Indicator) Steve Mauro – Market Maker Method – 4 Day Course with Indicators (Enjoy Free BONUS Drag & Drop Volume Profile Forex Indicator)
$97 $29  
4 out of 5 Stars!
Bill Williams Profitunity home study course (Enjoy Free BONUS Travel Trading Profit Formula with Abha Oan system) Bill Williams Profitunity home study course (Enjoy Free BONUS Travel Trading Profit Formula with Abha Oan system)
$30  
4 out of 5 Stars!
Power Band Dominator- AccurateTrading Forex System (SEE 1 MORE Unbelievable BONUS INSIDE!) Forex Millionaire System -100% Non Repaint-Unlimited Version Forex Power Band Dominator- AccurateTrading Forex System (SEE 1 MORE Unbelievable BONUS INSIDE!) Forex Millionaire System -100% Non Repaint-Unlimited Version Forex
$91 $19  
4 out of 5 Stars!
Wolfwave Pattern indicator (Enjoy Free BONUS 5-min-Trend-rider the system) Wolfwave Pattern indicator (Enjoy Free BONUS 5-min-Trend-rider the system)
$92 $19  
4 out of 5 Stars!
Forex Candlestick Pattern Indicator v1.5 (Metatrader 4)(Enjoy Free BONUS CHAOS TRADER) Forex Candlestick Pattern Indicator v1.5 (Metatrader 4)(Enjoy Free BONUS CHAOS TRADER)
$91 $19  
4 out of 5 Stars!
Brain Trading System 7.0 (95% precise signal)(Enjoy Free BONUS ART Trend Follower) Brain Trading System 7.0 (95% precise signal)(Enjoy Free BONUS ART Trend Follower)
$91 $28  
5 out of 5 Stars!
Market Maker Chart Indicator (mmindicator)(SEE 1 MORE Unbelievable BONUS INSIDE!)Power Band Dominator- AccurateTrading Forex System Market Maker Chart Indicator (mmindicator)(SEE 1 MORE Unbelievable BONUS INSIDE!)Power Band Dominator- AccurateTrading Forex System
$105 $26  
4 out of 5 Stars!
Universal Sacred Geometry Forex System (Enjoy Free BONUS D0nForex HardTrend-DashBoard (Enjoy Free BONUS CTI Trading Indicator)) Universal Sacred Geometry Forex System (Enjoy Free BONUS D0nForex HardTrend-DashBoard (Enjoy Free BONUS CTI Trading Indicator))
$91 $29  
4 out of 5 Stars!
Steinitz HAS MTF Hedge forex Robot v3.21 Steinitz HAS MTF Hedge forex Robot v3.21
$97 $28  
4 out of 5 Stars!
MTPredictor 7.5 & 6.5 and  MT4 and MTPredictor for Ninjatrader 6.5(BONUS NMi Super Scalper Forex Expert Advisor) MTPredictor 7.5 & 6.5 and MT4 and MTPredictor for Ninjatrader 6.5(BONUS NMi Super Scalper Forex Expert Advisor)
$97 $28  
5 out of 5 Stars!
Elliott Wave Int. - Educational Video Series Volumes 1 - 10 by Robert Prechter, Dave Allman & Wayne Gorman (Total size: 5.90 GB Contains: 23 files) Elliott Wave Int. - Educational Video Series Volumes 1 - 10 by Robert Prechter, Dave Allman & Wayne Gorman (Total size: 5.90 GB Contains: 23 files)
$93 $30  
4 out of 5 Stars!
 

Derrik S. Hobbs Fibonacci for the Active Trader

Derrik S. Hobbs Fibonacci for the Active Trader
Click to enlarge
Price: $55 $18
Availability: In Stock
Model: 102
Manufacturer: Missionforex
Average Rating: Not Rated

 

Derrik S. Hobbs Fibonacci for the Active Trader


This is an excellent starter text for anyone wanting to get going with Fibonacci. Before I picked up the book, I really hadn't taken Fibs very seriously and although I knew they existed, I didn't really do any research on them to be of any value. That's strange being an engineer by profession, as I always try to understand something before discounting it. It was still a fuzzy area as I didn't know how to use them, and I was trapped in the "collecting indicators" cycle like so many other traders.

I loved the pace of this book. The authors introduces the reader to concepts in a clear and measured manner so that all the info can be digested properly before moving on. For a new beginner in Fibonacci this works really well. The text is simple and straightforward and the author does not leave the reader scrambling to re-read sections just to make sense of it. The math is explained in a comfortable manner so that it should be readily acceptable to the average reader and not leave him/her feeling like everything is going over their head. The charts are clear and complement the text adequately. After explaining the basics, the authors moves on to detail some of the setups he uses for his Fibonacci trading. You can take these as they are presented or adapt the methods to your own style as required.

Overall, I found this book to be an excellent read for the new trader trying to get his hands around Fibonacci. Once those basics are mastered, you will never see a chart the same way again. As I had always suspected, price leads everything else and Fibonacci adds a mathematical beauty to the whole prediction process that, once you can start using the Fibonacci method, you'll be glad you got on board.


Blends heavy influence of Dinapoli with some Pesavento and Robert Miner. I did notice he used Dynamic Trader for his charting examples, yet failed to mention a thing about Elliott Wave in his methods. The book is simple to read, very much like a Larry Connors style of book. Presents 8 methods, many of them overlapping each other in theory and setups.

Basically, trades off confluences of a particular fib retracement (essentially a Wave 4 retracement) and then gives simple fib targets. A trader would gain the most from this book by having an EW background and then interpreting the setups to incorporate with wave counts. Otherwise, I think a new trader might look too hard for a "higher high" and so forth, just to match the setup.

Derrik Hobbs is co-portfolio manager/financial analyst for a publicly traded mutual fund. The fund was listed as one of the best performing large-cap growth funds in their universe in the January 2002 issue of Smart Money. Derrik provides short to intermediate-term trading guidance to the fund, as well as entry and exit recommendations on long-term fundamental positions, based on technical indicators and Fibonacci analysis. He also writes a widely-read column for TradingMarkets.com.



Product Details

  • Softbook: 221 pages
  • Publisher: TradingMarkets Publishing Group
  • Language: English
  • ISBN-10: 0972122974
  • ISBN-13: 978-0972122979

Serving Professional Traders Since 2008

youtube forex

Write Review
Your Name:


Your Review: Note: HTML is not translated!

Rating: Bad            Good

Enter the code in the box below:

There are no additional images for this product.
map