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Most of all I liked:1) market expansion and contraction analysis,2) support and resistance in confluence zones,3) price projections starting from the confluence zones and adding equivalent boxes to their either side.However, what makes it all difficult to apply is that the extreme points have to be chosen subjectively, based on the actual (not factual) start of a new swing move. So is also the case with the presented Fibonacci channels. The author shows that the application of the Fibonacci levels is more art than science. I find it very hard to apply consistently. Maybe it requires practice on my side. She doesn't advocate starting drawing the Fib-levels from the absolute tops and bottoms, which in my case gives room for subjective decisions - this element of analysis makes me feel uncertain. However, most other things presented in the book are worth applying in real time trading.
The paradox of being able to apply these tools properly to the markets (since they DO allow for incredible accuracy), is that you can never know what is going to happen and one must learn to remain detached from the "forecasts" when they've hit a good trade. Where the book excels is in the hints Brown provides about astrological timing, and harmonics, given the depth of research she has completed on the Pyramids, music theory, and the sky. The big money is made on the big moves, and someone with access to these tools is more likely to think they can outsmart the market by getting in and out all the time. The perspective that the author provides on Fib price analysis should be obvious and already subsconsiously built into the mindset of anyone who pursues this technique creatively. There were a couple of methods she presented which were new and provided motivation for some further investigation.
Cannot advise the book because it is not clearly enough written and it does not contain well defined practicall receepes for the trader. The author used the nautilus shell as a vehicle to explain Fibonnaci levels and trading.By doing that too abundant the author confuses more that helping to understand the various concepts. Also: several figures are not well readable and/ or confusing.
One would need quite a bit of "basic" understanding before readily grasping the techniques. This book is intellectually challenging and covers advanced techniques.
Trying to follow someone elses subjective use of an already subjective tool is difficult, which is why i gave it 3 stars. I've been trading for many years and i can say there are easier ways to use Fib's. Fib's, like alot of technical analysis tools are very subjective in nature.
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