Only someone who is both a successful trader and a successful
writer could pull off what Constance Brown has accomplished in this
book: distilling Fibonacci analysis to two hundred or so
comprehensive, clearly written, eminently practical pages.

Brown knows exactly what a professional trying to come up to
speed on a new trading tool needs and she provides it, covering
what Fibonacci analysis is, how it works, where it comes from,
pitfalls and dangers, and, of course, how to use it. Basic trading
strategies are touched upon in virtually every chapter.

Fibonacci analysis is one of the most popular technical analysis
tools, yet it is often used incorrectly. Brown quickly clears up
common misconceptions and moves on to show, step by step, the
correct way to apply the technique in any market.

Those with Fibonacci analysis software will learn how to use it
with maximum effectiveness; those without will chart the market the
old-fashioned way. All will find answers to the trader's most
important questions:

• Where is the market going?


• At what level should my stop be entered?


• Based on the size of my trading account, how much should I
  leverage into a trading position?


• Can I tell if I am in trouble before my stop is hit?


• How much should I buy or sell if given a second or
  third opportunity?

Occasional references to other tools--including Elliott Wave,
W.D. Gann, and candlestick charts--and an extensive bibliography
make this book richer for accomplished technical analysts without
confounding the less experienced. Plentiful real-life examples and
dozens of carefully annotated charts insure every reader will get
maximum value from every minute spent with this book.

Gold Medal Winner (tie), Investing Category, Axiom Business
Book Awards (2009)

Winner: Book Series Cover Design, The Bookbinders Guild of
New York/2009 New York Book Show Awards