Trade with an Edge

Forex Trading Books for Harmonics Traders

The following forex trading books are essential reading for all harmonics traders.

There's much more to harmonics than is described in this introductory web site. So if you are serious about trading harmonics, then you'll want to find out as much as you can about it. I recommend the following further reading.

Recommended Books

The following forex trading books for harmonics traders provide a good background into harmonic Fibonacci patterns, trade management, Fractals and Chaos Theory - which underlie the behaviour of the forex and other markets.

You can order the books here through Amazon.com - or from wherever it is more convenient.

Mark Douglas

Books: "Trading in the Zone" and "The Disciplined Trader"

"Successful Trading is 80% psychological and 20% methodological". Mark Douglas's books helps traders understand and learn critical attitudes and psychological behaviours required for successful trading.

Larry Pesavento

Books: "Trade What You See" and "Fibonacci Ratios with Pattern Recognition"

Pattern recognition methods using Fibonacci ratios, probability trading and risk management are the focus with these books.

Benoit Mandelbrot

Book: "The (Mis)Behaviour of Markets"

Mandelbrot is recognised as the discoverer of fractals during his work at IBM Research Labs and later at Harvard. This book describes the role of fractals in chaos theory and helping us understand the true nature of the financial markets.

James Gleick

Book: "Chaos - The Amazing Science of the Unpredictable"

A very good and readable introduction to Chaos Theory and its development over the last 40 or 50 years.

Scott Carney

Books: "Harmonic Trading Volume 1" and Harmonic Trading Volume 2

Scott Carney is the discoverer of the Bat and Crab patterns and also applied strict Fibonacci ratios to each of the Gartley range of harmonic patterns. His books describe the whole harmonic methodology with detailed explanations of the structures of harmonic patterns, and lots of real life examples.

Edgar Peters

Book: "Chaos and Order in the Capital Markets"

This is the classic book on chaos theory as it applies to the financial markets.