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THE ‘ART OF GEOMETRIC TRADING’!!2-day Intensive !FX Training Workshop !!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)!
INTRODUCTION TO FX!
• What is Forex ?!• Mechanics and structure of the Forex Market!
• The role of main players and retail traders !
• Traded Instruments – MT4!
• Trading zones and market hours!
• Market size& liquidity!!
TOP 10 FOREX MARKET PARTICIPANTS!
MT4 – METATRADER 4!
Video: http://support.tradeworks.io/hc/en-us/sections/201088061-Video-Tutorials!
Prices move in Trends!!Trends move in Waves!!Waves move in Cycles!
TREND!
• Time Frame (TF)!
• Zoom Out !
• Clock Direction!
• Indicator!
!
TIPS:!
SUPPORT & RESISTANCE!
STEPS :!• Order Flow – Trend Direction!
• Concentration of Candles!
• Determine Support/Resistance area!
• Power of Long Candles!
• Draw TWO lines – as S&R zone!
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
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
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)!
LATEST RESULTS!
TERIMA KASIH!