The Art of Fibonacci Trading The Art of Fibonacci Trading Presented by Aditya www.trend-traders.com The Art of Fibonacci Trading

1. The Miracle 2. The Psychology of Golden Ratio 3 1. The Miracle 2. The Psychology of Golden Ratio 3. fibonacci retracement 4. Fibonacci expansion 5. Retracement Vs Expansion 6. The power of 61.8 7. Basic of Elliot Wave Analysis 8. Aplying Elliot Wave Analysis & Fibonacci 9. Entry & Exit Rules 10. Identifying Divergence. 11. Aplying divergence, fibonacci & wave analysis

Special Thanks to: Mr. Mochammad Yusuf (Chairman Asosiasi Analis Teknikal Indonesia) Mr. Imran S. Dalimi Mr. Cornelius Luca (Market Technician Association)

Percentage retracements All trends are subject to price retracements and reversals. Trend analysis should help you identify trend reversals.

Bullish Trend Dikatakan Bullish jika harga membentuk pola HH (higher high) dan HL (Higher Low) dimana harga selalu membuat new high. Jika terjadi koreksi/penurunan tidak pernah melampaui harga low dari koreksi sebelumnya

Bullish Trend HH HL

Bullish Reversal Point HH LH LL HL Reversal Point Note: Reversal point ketika harga menembus trough sebelumnya

Bearish Trend Dikatakan Bearish jika harga membentuk pola LH (Lower High) dan LL (Lower low) dimana harga selalu membuat new Low. Jika terjadi koreksi/Kenaikan tidak pernah melampaui harga high dari koreksi sebelumnya

Bearish Trend LH LH LL LH LH LL LL LL LL

Bearish Reversal Point LL HL LH HH Reversal Point Note: Reversal point ketika harga menembus peak sebelumnya

Sideways HH HL Kondisi sideways biasanya ditandai dengan terbentunknya “Chart Pattern”

Fibonacci Ratio 233/144 = 1,618 377/233 = 1,618 610/377 = 1,618 Angka Fibonacci: 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, …. Didapat dari menjumlahkan 2 bilangan sebelumnya Golden Ratio (1.618) didapat dengan membagi angka setelah deret ke 13 dengan angka sebelumnya 233/144 = 1,618 377/233 = 1,618 610/377 = 1,618

Fibonacci Sequence and Ratio 1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233, 377, 610, 987, 1597, 2584, 4181, (etc.) 55 13

Golden Ratio

Retracement Analysis Obvious Not obvious

Percentage retracements Fibonacci ratios .146 = (-3√5 + 7)/2 .236 = .6183 (or .618*.382) .382 .5 (not really) .618 .786 = √.618 .854

Fibonacci Retracement Sell Jika Market Bearish angka 0 ditempatkan di Low dan angka 100 ditempatkan di harga High. Posisi yang diambil adalah sell ketika menyentuh retracement 2/3 atau 66

Fibonacci Retracement Buy Jika Market bullish angka 0 ditempatkan di high dan angka 100 ditempatkan di harga low Posisi yang diambil adalah sell ketika menyentuh retracement 2/3 atau 66

Applying Fibonacci Notice not exact prices… support becomes resistance when broken Chart © 2008 Finance Chart

Applying Fibonacci Notice not exact prices… support becomes resistance when broken Chart © 2008 Finance Chart

Applying Fibonacci Notice not exact prices… support becomes resistance when broken Chart © 2008 Finance Chart

Applying Fibonacci Notice not exact prices… support becomes resistance when broken Chart © 2008 Finance Chart

Applying Fibonacci Notice not exact prices… support becomes resistance when broken Chart © 2008 Finance Chart

Applying Fibonacci Notice not exact prices… support becomes resistance when broken Chart © 2008 Finance Chart

Applying Fibonacci Notice not exact prices… support becomes resistance when broken Chart © 2008 Townsend Analytics Ltd.

Applying Fibonacci Notice not exact prices… support becomes resistance when broken Chart © 2008 Townsend Analytics Ltd.

Applying Fibonacci Notice not exact prices… support becomes resistance when broken Chart © 2008 Finance Chart

Applying Fibonacci Notice not exact prices… support becomes resistance when broken Chart © 2008 Finance Chart

Applying Fibonacci Notice not exact prices… support becomes resistance when broken Chart © 2008 Finance Chart

Golden ratios of multiple moves The retracements of an initial trend remain in effect for as long as the original high and low remain in effect.

Fibonacci retracements (monthly)

Fibonacci retracements (weekly)

Fibonacci retracements (daily)

Fibonacci retracements (hourly)

Multiple Fibonacci retracements

Extensions When a rebound from retracement of a previous trend exceeds the previous high (in an uptrend) or low (in a downtrend), erase the old retracements and apply extensions.

Extensions Retracement ratios are equally valued for targeting prices on extensions. In the case of the Gann ratios, the extensions will be placed at: 1.125, 1.25, 1.375, 1.5, 1.625, 1.75 and 1.875. In the case of the Fibonacci ratios, the extensions will be placed at: 1.382, 1.5 and 1.618.

Extensions – USD/BRL

Extensions

Extensions

Extensions

Fibonacci Multipliers Fibonacci divisions are divisions of 1. Fibonacci expansions are Fibonacci ratios, which when multiplied equal 1. .236 * 4.236 .382 * 2.618 .5 * 2 .618 * 1.618 .764 * 1.309

Fibonacci Multipliers Application Assume B-A = .382 Multiplier of .382 = 2.618 If B-A = 100 points, then the target becomes 261.8 Add 261.8 to A The target is very aggressive B A

Fibonacci Multipliers Example

Extend in the Direction of Trend

Fibonacci Multipliers Primary Ratios # * 1.618 # * 2.618 Secondary Ratios # * 1.309 # * 2 # * 4.236

Extend Retracement from Pullback C to D = (B – A) *.618 or 1 or 1.618 Long-term targets A C D B B D C A

Extend Retracement from Pullback

Fibonacci Multipliers Primary Ratios # * 1.309 # * 2 # * 4.236 Secondary Ratios # * 0.382 # * 0.5 # * 2.618 # * 4.236

Fibonacci Time Extensions

Fibonacci Time Extensions

Fibonacci Time Extensions

The power of retracement 2/3 (Bullish)

The power of retracement 2/3 (Bearish) Skenario: Sell 1 lot di retracement 66. Sell double cover (2lot) di Retracement 100 1 lot di likuidasi di retracement 66 1 lot di hold sampai retracement 0 (Take profit