If you're looking for a powerful, proven approach to technical analysis that can demonstrate proven effectiveness, you're looking for Harmonic Trading. Now, the creator of this remarkable approach has written the definitive introduction to using it in your own trades. Scott Carney, President and Founder of HarmonicTrader.com, shows how harmonic trading combines Fibonacci measurement strategies with advanced pattern recognition analysis, unlocking valid market signals as if they were the combination to a safe. Carney presents natural harmonic patterns that consistently identify critical price levels and market turning points: patterns analogous to the predictable behavior of natural systems. Next, he presents a comprehensive plan for applying Harmonic Trading in real trades. You'll find examples from U.S. equities, currencies, commodities and foreign markets; for both short- and long-term timeframes; and in all markets, including 2008's extraordinarily bearish environment. Harmonic Trading has rapidly grown in recent years, and is now widely recognized as a premiere technical analysis discipline. This book presents the state-of-the-art - including strategies and techniques that will be completely new to most traders and investors. Carney guides traders gently up the learning curve, sharing personal experiences and presenting over 100 pages of clear illustrations. The result is a book that makes Harmonic Trading techniques more widely accessible than ever before.
Scott Carney, President and Founder of HarmonicTrader.com, defined the Harmonic Trading system of price pattern recognition and Fibonacci measurement techniques and identified many harmonic patterns, including Bat, ideal Gartley, and Crab. He has been a regular columnist for StockCharts.com and eSignal.com, and been featured on CNN.
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