Mikhail Chekulaev "Fractals".
Fractal theory has long been firmly established in forex trading. It has many supporters, and its number would
increase if this method of technical analysis were presented in a more understandable language for traders.
Mikhail Chekulaev's student, "Fractals," makes such an attempt. Despite its compact format, the book lays out all the basic principles of fractal formation and their use in trading.
After reading it, you will learn not only the general concepts but also learn how to use fractal combinations to distinguish the main trend direction from a correction in forex trading.
Designed for traders of any skill level, the textbook provides practical frameworks for developing new strategies based on fractals. The author assures that this method is more reliable than using technical analysis indicators , as it virtually eliminates false signals and relies solely on graphical analysis.
