The first complete guide to mastering the forecasting techniques essential for short-term trading success While a majority of trading systems incorporate only existing or past pricing activity into their simulations, the most successful ones use forecasting methods to establish future activity. Now, Ed Gately, a leading computerized trading systems developer, creates a groundbreaking approach to forecasting that includes setting price and time targets to anticipate future price movements-an essential step in reducing risk, increasing reaction time, and yielding greater returns. With detailed coverage of such important targeting techniques as Fibonacci numbers, Fibonacci ratios
Informative text provides a general introduction to the golden ratio and Fibonacci numbers for those researchers and graduate students who are working in fields where these numbers have found applications. DLC: Golden section.
First published in 1202, Fibonacci's Liber abaci was one of the most important books on mathematics in the Middle Ages, introducing Arabic numerals and methods throughout Europe. Its author, Leonardo Pisano, known today as Fibonacci, was a citizen of Pisa, an active maritime power, with trading outposts on the Barbary Coast and other points in the Muslim Empire. As a youth, Fibonacci was instructed in mathematics in one of these outposts; he continued his study of mathematics while traveling extensively on business and developed contacts with scientists throughout the Mediterranean world.
