VIKTOR PERSHIKOV, MFTA
2014
Consulting analyst at InstaForex
Experience in the FOREX trading starting
from early 2008
The first MFTA-certified expert in Russia and
the Eastern Europe
The author of The Comprehensive Fibonacci
Analysis a new area in the FOREX
technical analysis, popular in Russia
The technical-only trader
My favorites are long-term transactions and
the USD/SEK currency pair
The author of three books on the Fibonacciaided technical analysis. The most recent
book, Complete Guide to Comprehensive
Fibonacci Analysis on FOREX was published
in September 2014.
Why use the Fibonacci time tools?
What are the advantages of the Fibonacci time
projection?
The Fibonacci time projection: rules of construction
The Fibonacci time projection: examples of charts
How to turn a downside of the tool into its advantage?
Fibonacci Time Projection + CFA
Oscillators + Fibonacci Time Projection
Heikin-Ashi + Fibonacci Time Projection
Trading with Fibonacci Time Projection
And no, its no joke we can really
determine the time of change in the
market trends!
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Time goal days
The New Fibonacci Trader: Tools and Strategies for
Trading Success by Robert Fischer, p. 259-276
Time cycle projection
Fibonacci Trading: How to Master the Time and
Price Advantage by Carolyn Boroden, p. 157-174
Source: http://www.forexrealm.com/technicalanalysis/graphical-methods/figures/fibonacci-time-goal.html
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Source: Fibonacci Trading: How to Master the Time and Price
Advantage , Carolyn Boroden, p. 160
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1. Constructed upon the specific rules (based on
the patterns of two lows/two highs)!
2. Indicates the time of reversal in the market
trend!
3. Allows to create your own trading system!
The following levels are used in the tool:
0% and 100 % - levels used in the FTP construction. These are not
included in the analysis.
161.8%, 200%, 261.8% and 300% - the FTP levels used both in the
analysis and trading. These are equipotential levels.
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In the case when the price moved beyond the 300%
level, you must rebuild the FTP!
1. To rebuild the FTP, select such min1 or max1 that
was observed before the current value min1 or and
max1.
2. If the trend is changed, you must rebuild the FTP
onto a new pattern for two lows or two highs.
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It sounds trivial but it makes money,
be sure
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1. Only 4 market entry points (161.8 %, 200 %, 261.8 %, 300 %
levels);
2. A set of transactions by trend and counter-trend;
3. Sort of transactions:
Trend is your friend!
Using support/resistance levels
Divergence/convergence
Heikin-ashi
With view of the possible price reversal after reaching a certain time
level, trading is reduced to a simple selection of the most
appropriate levels for currency pairs.
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The first book on
Comprehensive Fibonacci Analysis
Site: www.fibomaster.com
Twitter:@ViktorTrader
Contact:
[email protected]Best Regards,
Viktor Pershikov MFTA
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Q&A
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