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Fibonacci Profit Objectives

Thu, Jul 3 2008, 15:23 GMT
by The Trader's Journal Collaborators

The Trader's Journal


This article is taken from the Trader's Journal magazine (May 2008 issue)

The author, Joe DiNapoli, is a veteran trader with over 40 years of solid market trading experience. He is also a dogged and thorough researcher, an internationally recognized lecturer, and a widely acclaimed author. Joe, a registered C.T.A. for over 15 years, has taught his techniques in the major financial capitals of Europe, Asia, Russia, the Middle East and South Africa as well as in the United States. His articles have appeared in a wide variety of technical publications worldwide.


  • Joe DiNapoli discusses using Fibonacci analysis to establish logical profit objective points. His use of DiNapoli Levels is a simple, effective way to use Fibonacci analysis to profit in any markets

Technical analysis techniques range from the opaque to the incomprehensible. They can be totally useless or amazingly accurate. Almost every trader who has been involved in the market for any length of time, has heard that Fibonacci numbers and Fibonacci ratios can be applied to the markets… But, few know how to use them effectively.

DPR International Pte Ltd  | One Raffles Place, OUB Centre #18-01, Singapore 048616
http://www.tradersjournal.com | editor@traders-journal.com

Legal disclaimer and risk disclosure

This publication is designed to provide accurate and authoritative information in regard to the subject matter covered. It is sold with the understanding that the authors and the publisher are not engaged in rendering legal, accounting, or other professional service. If legal advice or other expert assistance is required, the services of a competent professional person should be sought. In commodity trading, as in stock, and mutual fund trading, there can be no assurance of profit. Losses can and do occur. As with any investment, you should carefully consider your suitability to trade and your ability to bear the financial risk of losing your entire investment. It should not be assured that the methods, techniques, or indicators presented in this magazine will be profitable or that they will not result in losses. Past results are not necessarily indicative of future results. Examples in this magazine are for educational purposes only. This is not a solicitation for any order to buy and sell. The information contained herein has been obtained from sources believed to be reliable, but cannot be guaranteed as to accuracy of completeness, and is subject to change without notice. The risk of using any trading method rests with the user.

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