Trading with Fibonacci Technique on All Markets

1. The Art of Fibonacci Trading
DANIEL SYAHPUTRA

2. 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

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

4. 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

5. Bullish Trend
HH
HH
HH
HH
HL
HL
HL
HL
HL

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

7. 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

8. Bearish Trend
LH
LH
LH
LH
LL
LL
LL
LL
LL

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

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

11. Fibonacci Ratio
• 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

12. Fibonacci Sequence and Ratio
1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144,
233, 377, 610, 987, 1597, 2584, 4181, (etc.)
5 - 1
2
= 0.6180339887499..


13. Golden Ratio

14. Retracement Analysis
Obvious Not obvious

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

16. Fibonacci Retracement
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
Sell

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

18. Applying Fibonacci
Chart © 2008 Finance Chart

19. Chart © 2008 Finance Chart
Applying Fibonacci

20. Chart © 2008 Finance Chart
Applying Fibonacci

21. Chart © 2008 Finance Chart
Applying Fibonacci

22. Chart © 2008 Finance Chart
Applying Fibonacci

23. Chart © 2008 Finance Chart
Applying Fibonacci

24. Chart © 2008 Townsend Analytics Ltd.
Applying Fibonacci

25. Chart © 2008 Townsend Analytics Ltd.
Applying Fibonacci

26. Chart © 2008 Finance Chart
Applying Fibonacci

27. Chart © 2008 Finance Chart
Applying Fibonacci

28. Chart © 2008 Finance Chart
Applying Fibonacci

29. 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.

30. Fibonacci Retracements (Monthly)

31. Fibonacci Retracements (Weekly)

32. Fibonacci Retracements (Daily)

33. Fibonacci Retracements (Hourly)

34. Multiple Fibonacci Retracements

35. 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.

36. • 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

37. Extensions – USD/BRL

38. Extensions

39. Extensions

40. Extensions

41. 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

42. 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
C
A

43. Fibonacci Multipliers Example

44. Extend in the Direction of Trend

45. Fibonacci Multipliers
• Primary Ratios
– # * 1.618
– # * 2.618
• Secondary Ratios
– # * 1.309
– # * 2
– # * 4.236

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

47. Extend Retracement from
Pullback

48. Fibonacci Multipliers
• Primary Ratios
– # * 1.309
– # * 2
– # * 4.236
• Secondary Ratios
– # * 0.382
– # * 0.5
– # * 2.618
– # * 4.236

49. Fibonacci Time Extensions

50. Fibonacci Time Extensions

51. Fibonacci Time Extensions

52. The Power of Retracement 2/3
(Bullish)
Skenario: Sell 1 lot di retracement 66. Sell double cover (2lot) di Retracement 100
1 lot di likuidasi di retracement 66 dan 1 lot di hold sampai retracement 0 (Take
Profit)

53. The Power of Retracement 2/3
(Bearish)
Skenario: Buy 1 lot di retracement 66. Buy double cover (2lot) di Retracement 0
1 lot dilikuidasi di retracement 66 dan 1 lot di hold sampai retracement 100 (Take
Position)