Currency Markets

(FX) BASICS

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 - Geometric Analysis- Strategic Trader Mindset- Set & Go – Be at peace & enjoy trading /Life

What Is Forex ? • History• Difference between Currency & Money

• Terminologies – the FX Glossary- Brokers - Trading Platform – Orbex MT4- Lot Size / Volume - Spreads- Order Types - New Orders – Pending Order , TP’s , SL- Technical Indicators

• Market Analysis - Technical Analysis

- Fundamental Analysis- Sentiments Analysis

• Today’s Market – What’s really going on ?

TREND

Visual Technique :

Clock Angle

Trend Indicator we use :

Exponential Moving Average (EMA)

• 50 EMA

• 100 EMA

• 200 EMA

MENTORSHIP PROGRAMMEWEBINAR SERIES

March – April 2016

By : Kenny Simon

Your 360° Approach to Analyzing the Financial Markets VIA THE P.R.I.C.E TRADE PLAN

PART 1 – 22nd March 2016By : Kenny Simon

ABOUT THIS TRAINING SESSION:• Topic brief

• Why this topic?

• Who for ?

• What are the benefits to you ?

ABOUT THE

Scientific FX - 4 Parts‘ Mentorship Series’

Orbex’s Certification Structure?Using The ‘P.R.I.C.E’ Model’ as your Trade Plan

PART 1- P – Potential Trades & Psychology

PART 2- R - Risk : Reward ( Mathematics )

PART 3- I - Insights & Intermarket Analysis

PART 4- C - Convergence (Technical + Fundamentals + MMM)

E - Execution ( Trading decision)• QUIZ

• E-Certificate via email

ABOUT THIS TRAINING SESSION:• Topic brief

• Why this topic?

• Who for ?

• What are the benefits to you ?

STEP 1 : P• Potential Opportunities (MARKET)

- Currency Heat Maps- TREND* Tools - Various Time

Frames- Geopolitics

- Economic/Political Events- Price Patterns (Geometric)

• Psychology of Markets (Sentiments)- Risks On / Risks Off ?- Greed , Fear or Uncertainty

Bank Daily Commentaries/Reports

Autochartist by Trading Central @ Orbex

PRICE PATTERNS ?

Trade Opportunities this week….( EXAMPLE: As of week from 21/03 – 25/03)

• Brussels Terrorist Attack – 22nd March 2016

• Emerging-market stocks fell -20 emerging-market currencies slipped 0.1 percent

• EUR & Sterling in focus

• Easter beginning – Slow markets end of March onwards

• EUR/USD: Bullish: Above 1.1375 would open up the way for 1.1495

• GBP/USD: Bullish: Diminished odds for a move to 1.4570.

• AUD/USD: Bullish: Target 0.7740

• USD/JPY: Bearish: Bearish aiming at 110.00

• Gold price weakened amid broad USD recovery and low liquidity

• Oil price picked up on renewed optimism that the supply glut may ease

• Copper price formed an inside-day as Chinese stocks snapped gains

ABOUT THIS TRAINING SESSION:• Topic brief

• Why this topic?

• Who for ?

• What are the benefits to you ?

STEP 2 : R• RISKS : REWARD ( Mathematics)

- Capitalization & Lot Sizing- Support / Resistance Levels- Psychological Numbers- Trend Check Vs. Pattern Check- Stop Loss (Risk Reward Ratio)- Probability of Pattern

- Take Profit ( Risk reward Ratio)

LOT SIZING

1) How much you willing to Risk ( $) ?

2) How much you willing to Risk (Pips) ?

Formula : Risks in $ / Risks in Pips = How much per pip you should be risking

Support & Resistance Zones

1) Identify ‘Price concentration’ areas

2) Plot a line Based on ‘Body’ of candle

3) Plot 2nd line Based on ‘ Tail/ Wick’ of candle

4) Check ‘zone’ plotted for ‘Price Action’

Psychological Numbers

• 00

• 50

• 20

• 80

Major Psyche Numbers

ABOUT THIS TRAINING SESSION:• Topic brief

• Why this topic?

• Who for ?

• What are the benefits to you ?

STEP 3 : I• Insiders Info ( Geopolitics)

- Current Global Risks / Events- Impact to which Assets- News Mismatches- Threats Opportunities

Probable EWS of a Financial Collapse :

1- INFLATION

2- DEFLATION

3- MARKET COLLAPSE

4- FINANCIAL WARFARE

ABOUT THIS TRAINING SESSION:• Topic brief

• Why this topic?

• Who for ?

• What are the benefits to you ?

STEP 4 : C• Convergence & Confirmation

• Revisiting P.R.I & summing it up

Orbex’s Certification Structure?Using The ‘P.R.I.C.E’ Model’ as your Trade Plan

PART 1- P – Potential Trades & Psychology

PART 2- R - Risk : Reward ( Mathematics )

PART 3- I - Insights & Intermarket Analysis

PART 4- C - Convergence (Technical + Fundamentals + MM)

E - Execution ( Trading decision)• QUIZ

• E-Certificate via email

ABOUT THIS TRAINING SESSION:• Topic brief

• Why this topic?

• Who for ?

• What are the benefits to you ?

STEP 5 : E• Execution of Trade

- Summarise PRICE Model - Final Trade decision- Trade Log

GEOMETRIC PATTERNS

BASICS

Understand the Differences

• Price / Chart Patterns

• Harmonic Patterns

• Geometric Patterns

CHARTPATTERNS

HARMONICPATTERNS

GEOMETRIC PATTERNS

FIBONACCI BASICS

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?

Study : EUR /USD

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

2015

Spotting & Drawing it:

‘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:

Converting ‘ABCD’ Pattern toGeometric Patterns

onto the charts

FORECASTING ‘POINT D’ USING FIBONACCI RATIOS

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

SCIENTIFIC FX –Masters Of FibonacciSERIESPART 3 – 1st March 2016

By : Kenny Simon

NOW, IT’S TIME FOR SOMELIVE TRADE ANALYSIS

Where to start from ?

Example as of 1st March 2016

Example as of 1st March 2016Yahoo News – Finance – Market Data - Currencies

ECONOMIC CALENDAR

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