O'Reilly logo

Technical Analysis for the Trading Professional by Constance Brown

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

Chapter | 2DOMINANT TRADING CYCLES ARE NOT TIME SYMMETRICAL

The first edition described for the reader the standard conventions of using fixed period cycles. I was unaware at the time that I was beginning a personal journey to examine cycle methods in great depth. My first attempt to write about cycles looks so antiquated to me now. The chapter included the use of expanding Fibonacci ratios to forecast the timing of possible market price pivots. The charts demonstrated how poorly these conventional methods worked in a trading environment. The methods described were not comprehensive and the discussion itself had insufficient depth. Some methods of cycle analysis may be appropriate for strategy analysis and other applications are more suited to ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required