The Harmonic Trader Book
Harmonic Trading is a new and exciting area of technical analysis that utilizes the powerful synergies of Fibonacci measurement techniques to quantify specific price patterns. Like a combination to a safe, these strategies unlock valid market signals in an unprecedented fashion.
has quickly become a classic. The book presented a number of unprecedented techniques. In Carney’s first book, he presented the following unique concepts:
- Defined the Potential Reversal Zone (PRZ).
- Distinguishing ALL points within 5-point price structures by examining each Fibonacci calculation to validate the proper alignment that for each harmonic pattern.
- Explained the importance of the Mid-Point (B) as the defining element of 5-point price structures.
- Defined the use of the alternate AB=CD pattern within harmonic patterns.
These are only a few of the many unprecedented concepts in this book that clearly demonstrate that Carney is the innovator in this exciting area of technical analysis.
The Harmonic Trader” is also available in these Languages: