PRICE PATTERNS & FIBONACCI RATIOS !!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 & Psychology!R - Risk : Reward ( Money Management)!I - Insights & Intermarket Analysis!C - Convergence (Technical + Fundamentals + MM)!E - Execution ( Trading decision)!

             

ABOUT THIS !TRAINING SESSION:!!•  Topic brief!!•  Why this topic?!!•  Who for ?!!•  What are the benefits to you ? !  

             

ABOUT THIS !TRAINING SESSION:!!•  Topic brief!!•  Why this topic?!!•  Who for ?!!•  What are the benefits to you ? !  

WHAT’S COVERED?!!!•  What is Geometric Trading !!•  Geometric & Non- geometric Patterns!!•  Special Fibonacci ratios!!•  Potential rewards !!•  Completed / Successful Trades !!•  P.R.I.C.E Trade Plan outline !!•  Mentorship Program / Coaching!!•  Trade Ideas for the upcoming week!!

             

STEPS TO DRAWING GEOMETRIC PATTERNS ONTO YOUR CHART!

Case Study : EUR /USD

TF : 4Hr!Pattern : ABCD /

Lightning Bolt!Date : 24-08-2015!

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  2015  MIND’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 Shapes!

onto the charts !

FIBONACCI RATIOS !

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

D Projection:

D = Fib% of BC !

             

             

             

FORECASTING ‘POINT D’ !USING FIBONACCI RATIOS!

NOW, IT’S TIME FOR SOME!LIVE TRADE IDEAS

     

Webinar – Trade Ideas 7th- 11th Sept 2015 ! !!By : Kenny Simon!2nd September 2015!!

             

Example  as  of  2nd  September  2015  

             

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

             

             

             

             

             

             

             

             

             

USD/CAD!Before & After

             

Before    BEFORE  

             

             

             

             

             

             

Price  was  at  the  135,50  region  

             

Price  was  at  the  135,50  region  

             

Price  was  at  the  135,50  region  

BEFOREE  

             

Price  was  at  the  135,50  region  

AFTER  22092015  

ORBEX EDUCATIONAL !COURSES:!!!•  Foundations course!!•  Strategy Course (Geometric)! !•  Mentorship Program (Coaching)!

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

             

             

TERIMA KASIH