The Truth About Fibonacci Trading by Bill Poulos is a new addition to my collection of the Forex trading books. Its a rather short e-book starting off with explaining the basics of the Fibonacci numbers and retracement levels and finishing with the real chart examples of both the Fibonacci retracement and extension levels. It helps you understand how to apply the Fibonaacci levels in your trading and what you should and shouldnt be doing with them. As the author says Fibonacci levels are useful tool but traders shouldnt rely solely on them. You can download this book for free:
If you have any questions or interesting thoughts regarding Fibonacci trading, please, feel free to reply in comments.
