SCIENTIFIC FX –Masters Of Fibonacci

SERIES

PART 1

By : Kenny Simon

ABOUT MYSELF:

• Business Development Manager (Asian Regions)

• Trader & Trainer for more than 8 years

• Trading Methodology:

- Geometric Trading & Price Patterns- P.R.I.C.E Trade Plan - Strategic Trader Mindset- Set & Go – Be at peace & enjoy trading /Life

P – Potential Trades & PsychologyR – Risk : Reward ( Money Management)I – Insights & Intermarket AnalysisC – Convergence (Technical + Fundamentals + MM)E – Execution ( Trading decision)

ABOUT THE Scientific FX - 4 PartsFibonacci Series

Orbex’s Certification Structure?

• PART 1 – Intro to Retracements & Extensions

• PART 2 – Fibonacci & Trend Indicators

• PART 3 – Fibonacci & Price Patterns

• PART 4 – Advanced Strategy / Live Trade Ideas

• QUIZ

• E-Certificate via email

Who is Fibonacci ?

Leonardo Bonacci (c. 1170 – c. 1250)—known as Fibonacci (Italian), and Leonardo of Pisa, Leonardo Pisano Bigollo, Leonardo Fibonacci—was an Italian Mathematician, considered to be "the most talented Western mathematician of the Middle Ages.

Major achievements: • Arabic numerals as a substitute for Roman numerals• Fibonacci summation series :

1,1,2,3,5,8,13,21,34,55,89,144…..• Incorporation of the PHI – 0.618

Fibonacci Tool in Trading FX

• Identifying Corrective & Impulsive waves onto the charts

• Fibonacci numbers used thru Technical Indicators

• Confirmation of Support & Resistance levels

• Marking of Prize Reversal Zones (PRZ)

• Confirmation of Harmonic / Geometric patterns

• To Better decide on entries & exits points by marking ‘Risks’ areas.

Are we looking too hard ???

Note: If we look hard enough, will we find the pattern we are looking for all around us?

TREND

Visual Technique :

Clock Angle

SCIENTIFIC FX –Masters Of FibonacciSERIESPART 2 – 23rd Feb 2016

By : Kenny Simon

Trend Indicator we use :

Exponential Moving Average (EMA)

• 50 EMA

• 100 EMA

• 200 EMA

FORECASTING ‘POINT D’ USING FIBONACCI RATIOS

Study : EUR /USD

TF : 4HrPattern: ABCD / Lightning BoltDate : 24-08-

2015

Spotting & Drawing out the Patterns

Study : EUR /USD

TF : 4HrPattern: ABCD / Lightning BoltDate : 24-08-

2015

Base / Foundation:

‘ABCD Pattern’

STEP 1:

All Visual – ‘Low –High- Low’

Analysis as of 24th August 2015

------ ZOOM OUT ------

VISUAL

Current Price : 1.1426

STEP 2:

Rough Sketch of the ABCD Pattern

Analysis as of 24th August 2015MIND’s EYE --- Projection

STEP 3:

Drawing the 1st Leg (AB)

Analysis as of 24th August 2015

STEP 4:

Drawing the 2nd Leg (BC)

Analysis as of 24th August 2015

STEP 5:

Drawing/Projecting the 3rd Leg (CD)

Analysis as of 24th August 2015

STEP 6:

Probable D Projection

STEP 7:

Drawing the Geometric Shapesonto the charts

Completed Geometric Patterns(latest Live Examples)

GOLD

AUD/CHF

USD/JPY

Case Study(Live Charts)

FIBONACCI RATIOS(Geometric Trading PART 2)

Where did the ‘C Point’ Land? (Which Fibonacci Ratio?)

D Projection:

D = Fib% of BC

NOW, IT’S TIME FOR SOMELIVE TRADE ANALYSIS

Where to start from ?

P.R.I.C.E Trade Plan

Step 1 (P) – Psychology & PossibilitiesStep 2 (R) – Risks : Rewards ($ management)Step 3 ( I ) – Insights & Intermarket AnalysisStep 4 (C) – Confirmation thru Convr-DivrStep 5 (E) – Execution (Financial Decision Making)

Example as of 2nd September 2015

Example as of 2nd September 2015Yahoo News – Finance – Market Data - Currencies

USD/CADBefore &

After

Before BEFORE

EUR/JPYBefore &

After

Analysis as of 31st August 2015

Price was at the 135,50 region

Price was at the 135,50 region

Price was at the 135,50 region

ORBEX EDUCATIONAL COURSES:

• Foundations course

• Strategy Course (Geometric) • Mentorship Program (Coaching)

• Partner’s Training (For IB’s or IB network)

TERIMA KASIH