TAW 2011 HK Fibonacci

Access a world of market opportunity.
Diversify and take advantage of current market opportunities with contracts covering all
major asset classes including forex, stock indexes, agricultural commodities, energy,
metals and interest rates. Learn more in the CME Group Resource Center under IB
Exchange Tutorials.
Trade CME Group markets:
Equivalent market exposure with lower capital requirements
No uptick rule or short selling restriction
Around the clock markets eliminate overnight gap risk inherent in other markets
Financial safeguards of a regulated exchange
The CME Group is a trademark of CME Group Inc. The Globe Logo, CME and Globex are trademarks of Chicago Mercantile Exchange Inc. The Chicago Board of
Trade are trademarks of the Board of Trade of the City of Chicago. NYMEX is a registered trademark of New York Mercantile Exchange, Inc. All other trademarks are
the property of their respective owners.
2010 CME Group. All rights reserved 1

COMEX (Globex)
Product Size Code Type Settlement
Gold 100 oz GC Futures / Options Physical
miNY Gold 50 oz QO Futures Financial
E-Micro Gold 10 oz MGC Futures Physical
Silver 5,000 oz SI Futures / Options Physical
miNY Silver 2,500 oz QI Futures Financial
High Grade Copper 25,000 lbs HG Futures / Options Physical
NYMEX (Globex)
Product Size Code Type Settlement
Platinum 50 oz PL Futures / Options Physical
Palladium 100 oz PA Futures / Options Physical
UxC Uranium Swap Futures 250 lbs UX Futures Financial
Steel Coil, U.S. Domestic HR 20 Short Tons HRC Futures Financial

E-Micro Gold Futures
The launch of the E-Micro Gold Futures contract, though still in its
infancy, has shown significant promise to becoming a successful
and useful product for the retail and institutional customer.
The dramatic increase in the price for Gold and the notional value
for the Gold Futures contract has made the E-Micro Gold Futures
contract more attractive to smaller retail investors
Physical Delivery makes Gold futures contracts more attractive as
the appeal of Gold as an investment is ultimately dependent on its
status as an asset with limited supply. In the psychology of the
market, physical delivery implies that its limited availability is
safeguarded.
Liquidity, as measured by bid/ask spreads on quote size, is
greatest when overseas markets are open. This includes the 4:00
p.m. to 9:00 p.m. period when European markets are most active.
The afternoon (2:00 a.m. to 4:00 a.m.) also exhibits an increase in
liquidity as arbitrage with the ETF markets becomes most active.
** Times are in Singapore time zone

Using Fibonacci Levels to Identify Turning Points in Metal Markets fibtradercn.com
DiNapoli Levels
- Advanced Fibonacci Analysis
Using Fibonacci Levels to
Identify Turning Points in
Metal Markets
Presented by Jason Zeng

Pinpoint your Entry,
Stop placement, http://www.fibtradercn.com
and Profit Objectives
email: fibtradercn@gmail.com
ahead of market action.
Disclaimer: The information contained herein is subject to change without notice and was obtained from sources believed to be reliable, but is not
guaranteed as to accuracy or completeness. Those using the materials for trading purposes are responsible for their own actions. No guarantee is
made that trading signals or methods of analysis will be profitable or will not result in losses. It should not be assumed that performance will equal
or exceed past results. 4 4
Metals markets have been experiencing

an explosive bull run
since the end of 2008
5
Gold - an explosive bull run since the end of 2008
6
Silver - an explosive bull run since the end of 2008
7
Copper - an explosive bull run since the end of 2008
8
Metals markets have been experiencing

an explosive bull market since the end of 2008
Along with the metals prices getting

higher and higher
more and more traders join the game
9
Many Successful traders master
Technical Analysis
10
Three major Technical Analysis Schools:
WD Gann Theory
Elliott Wave Principle
Fibonacci Trading Methods
11
WD Gann theory and Elliott wave principle

are good trading methods
This presentation will focus on

Fibonacci trading methods
12
Not the regular Fibonacci trading methods,

But an Advanced Fibonacci Trading Method:
DiNapoli-Levels
13
Using the advanced Fibonacci Trading Method -

DiNapoli-Levels
To identify markets turning points ahead of time:
1) What is DiNapoli-Levels?
2) What advantages does DiNapoli-Levels have?
3) How to use it to identify the metal markets turning points?
4) Current Gold market analysis
14
1) What are DiNapoli-Levels?
15
DiNapoli-Levels
was created by Mr. Joe DiNapoli in the
mid-1980s
It is one of three leading indicators

Mr. DiNapoli developed
16
FIBONACCI NUMBERS
1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233,

610, 987, 1597, 2584, 4181, 6765,
10946, 17711, 28657, 46368, 75025,

121393, 196418, 317811 . . . . . . .
17
FIBONACCI TOOLS
Fibonacci Arcs
Fibonacci Circles
Fibonacci Fans
Fibonacci Time Counts
Fibonacci Regression
Most Fibonacci Clusters
18
POPULAR FIBONACCI RATIOS
RETRACEMENT RATIOS EXPANSION RATIOS
X
.090 .618 *
X
.146 1.00 *
X
.236
X
1.382
.382 * X
1.500
X
.500 1.618 *
.618 * X
2.618
19
Here's What DiNapoli-Levels Use . . .
TWO RETRACEMENT RATIOS THREE EXPANSION

RATIOS
.382 .618
.618 1.00
1.618
20
BASIC RETRACEMENT ANALYSIS UTILIZING THE TWO

MAJOR RATIOS .382 AND .618
21
FIBNODE EQUATIONS
Here are the equations relating

to the above criteria.
FIBNODE EQUATIONS
F3 = B - .382(B-A)
F5 = B - .618(B-A)
F3 is the 3/8 Fibnode or .382

retracement .
F5 is the 5/8 Fibnode or .618

retracement .
22
BASIC RETRACEMENT ANALYSIS UTILIZING THE TWO

MAJOR RATIOS .382 AND .618
23
DiNapoli-Levels:
F3=0.382 Retracement
F5=0.618 Retracement
24
BASIC FIBONACCI EXPANSION ANALYSIS UTILIZING THE

THREE MAJOR EXPANSION RATIOS .618, 1.0, AND 1.618:
A
C
XO P
OP
B
CO P CO P
B
C
OP
CHART 6A CHART 6B
XO P
25
OBJECTIVE POINT EQUATIONS
OBJECTIVE POINT EQUATIONS
OP = B - A + C OBJECTIVE POINT
COP = .618 (B -A) + C CONTRACTED OBJECTIVE POINT
XOP = 1.618 (B - A) + C EXPANDED OBJECTIVE POINT
26
BASIC FIBONACCI EXPANSION ANALYSIS UTILIZING THE

THREE MAJOR EXPANSION RATIOS .618, 1.0, AND 1.618:
27
DiNapoli-Levels:
COP=0.618 Expansion
OP=1.0 Expansion
XOP=1.618 Expansion
28
Advanced
D-Levels
29
Dropping your time frame

weekly daily
Reaction
not visible in
the weekly
30
ADVANCED FIBONACCI ANALYSIS WITH 2 REACTIONS
B F
CONFLUENCE K
0 F3
F3
F5
F5
1
LINEAGE MARKINGS
A 2
31
ADVANCED FIBONACCI ANALYSIS WITH 3 REACTIONS
F
3 Reaction Lows
6 Fibnodes F3
2 Confluence Areas F5
F3 K1
1 F3
F5 K2
F5
2
3
32
ADVANCED FIBONACCI ANALYSIS
33
DiNapoli-Levels:
Agreement = the area of logical objective points(COP, OP or

XOP) and finnodes (F3 or F5) getting closer to each other
34
ADVANCED FIBONACCI ANALYSIS
35
DiNapoli-Levels:
Confluence = the area of F3 and F5 nearing each other
36
DiNapoli-Levels:
Retracement: F3=0.382 & F5=0.618

Expansion: COP, OP and XOP
Confluence Area - K
Agreement Area - A
37
2) What advantages do D-Levels have?
38
D-Levels vs. Regular Fibonacci Levels
1-Quality
2-Clarity
3-Ease of use
Traders need a plan that allows

them to pull the trigger!
39
D-Levels vs. Regular Fibonacci Levels - Quality
40
D-Levels vs. Regular Fibonacci Levels - Quality
41
D-Levels vs. Regular Fibonacci Levels - Clarity
42
D-Levels vs. Regular Fibonacci Levels - Clarity
43
D-Levels vs. Regular Fibonacci Levels Ease of Use
Quality, Clarity and Ease of Use Combined !

44
D-Levels vs. Regular Fibonacci Levels
1-Quality
2-Clarity
3-Ease of use
Traders need a plan that allows

them to pull the trigger!
45
3) How to use D-Levels to identify the

metals markets turning points?
46
3) How to use D-Levels to identify the

metals markets turning points?
A. Gold futures market

B. Silver futures market
C. Copper futures market
47
1) Using D-Levels to identify Gold market turning points
Mr. Joe DiNapolis famous

Gold market prediction
48
Using D-Levels to identify Gold market turning points
Joes original chart South Africa TV interview

49
Gold Top
728
Joes original chart

50
1026
728
Joe first visit China
Joes original chart

51
1033
Massive drop after 1033 was hit
Joes original chart

52
53
54
1590
55
Low risk/high reward entry areas

during the Gold bull run
56
Low risk/high reward entry areas After Gold hit the COP=728
57
Low risk/high reward entry areas After Gold hit the OP=1026
58
Low risk/high reward entry areas

59
2) Using D-Levels to identify Silver market turning points
60
Using D-Levels to identify Silver market turning points
4982
4909
Caught the recent top!

61
Using D-Levels to identify Silver market turning points
Caught the recent support!

62
3) Using D-Levels to identify Copper market turning points
63
Using D-Levels to identify Copper market turning points
Caught a major top 362

64

65

66

67
Caught a retracement bottom 272

68
From 272 to the recent top 462

69
444 448
Caught the recent top 462 and various support levels
70
D-Levels have been every effective to

identify the metal markets turning points
71
4) Current Gold market analysis

~ What would I like to trade
72
First of all, I would like to briefly talk about

the importance of selecting right instruments
to participate in the markets
Many Chinese traders suffered big losses

during the sudden drop of the Gold and Silver
markets in early May this year
73
The importance of selecting right instruments to participate the metal markets
4982
4909
Silvers huge drop in a week
74
The importance of selecting the right instruments to participate in the metal markets
CME metals products are good choices to

participate in the metals markets
for futures traders
Transparent
Volume
Liquidity
Global 24-hour access
75
Current Gold market analysis
Yearly Chart
76
Quarterly Chart
77
Monthly Chart
78
Supported
at D-Level
Weekly Chart
79
Daily Chart
80
DiNapoli Trading Method is a

modulated judgmental trading system
DiNapoli-Levels (narrow definition) is only one of

three Mr.DiNapolis leading indicators
9 Directional Signals
OS/OB analysis
Entry and stop tactics
etc
81
Where and how to learn

more about the
DiNapoli-Levels?
82
THE BEST SINGLE SOURCE TO LEARN DiNapoli-Levels
83
THE BEST SINGLE SOURCE TO LEARN DiNapoli-Levels
The book has been translated into many languages

this is the Chinese translation
84
Mr. Joe DiNapoli and Me in US Traders Expo
85
Besides the books,

Joe DiNapoli and I also
provide training seminars
86
Fibtrader.com
You can find the book, software and other products there
87
FibtraderCN.com
Fibforum.com
Chinese Website
88
My email address:
fibtradercn@gmail.com
89
Thank you!
90
Direct Access Trading
Worldwide
91
Why IB
Global Offerings
Best Execution
Low Costs
Superior Trading Technology
Risk Management
Comprehensive Reporting
Strength & Security
92
IBs Trader Workstation (TWS)
The Professionals Gateway to the Worlds Markets
93
Scale trader
The TWS ScaleTrader is a flexible, automated trading

algorithm that lets you scale into a large position without
being subject to increasingly deteriorating prices, or trade
continually over a specified price range to capture a user-
defined profit offset amount.
94
Chart Trader
95
Perry Tse
Phone:+852 2156 7990

Fax: +852 2509 4102
Interactive Brokers LLC Hong Kong
Suite 1512 Two Pacific Place, 88 Queensway,
Admiralty, Hong Kong
ptse@interactivebrokers.com
www.interactivebrokers.com
When you apply for the application, please select
Perry Tse as the sales representative, so i can assist
you on structural matters.
96

TAW 2011 HK Fibonacci

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

TAW 2011 HK Fibonacci

Uploaded by

Copyright:

Available Formats

Access a world of market opportunity.

Trade CME Group markets:

Equivalent market exposure with lower capital requirements

No uptick rule or short selling restriction

Financial safeguards of a regulated exchange

2010 CME Group. All rights reserved 1

2010 CME Group. All rights reserved 2

2010 CME Group. All rights reserved 3

Presented by Jason Zeng

Metals markets have been experiencing

Gold - an explosive bull run since the end of 2008

Silver - an explosive bull run since the end of 2008

Copper - an explosive bull run since the end of 2008

Metals markets have been experiencing

Along with the metals prices getting

Many Successful traders master

Three major Technical Analysis Schools:

WD Gann theory and Elliott wave principle

This presentation will focus on

Not the regular Fibonacci trading methods,

Using the advanced Fibonacci Trading Method -

1) What are DiNapoli-Levels?

It is one of three leading indicators

1, 1, 2, 3, 5, 8, 13, 21, 34, 55, 89, 144, 233,

10946, 17711, 28657, 46368, 75025,

Fibonacci Time Counts

Most Fibonacci Clusters

POPULAR FIBONACCI RATIOS

RETRACEMENT RATIOS EXPANSION RATIOS

Here's What DiNapoli-Levels Use . . .

TWO RETRACEMENT RATIOS THREE EXPANSION

BASIC RETRACEMENT ANALYSIS UTILIZING THE TWO

Here are the equations relating

F3 is the 3/8 Fibnode or .382

F5 is the 5/8 Fibnode or .618

BASIC RETRACEMENT ANALYSIS UTILIZING THE TWO

BASIC FIBONACCI EXPANSION ANALYSIS UTILIZING THE

OBJECTIVE POINT EQUATIONS

OBJECTIVE POINT EQUATIONS

COP = .618 (B -A) + C CONTRACTED OBJECTIVE POINT

XOP = 1.618 (B - A) + C EXPANDED OBJECTIVE POINT

BASIC FIBONACCI EXPANSION ANALYSIS UTILIZING THE

Dropping your time frame

ADVANCED FIBONACCI ANALYSIS WITH 2 REACTIONS

ADVANCED FIBONACCI ANALYSIS WITH 3 REACTIONS

ADVANCED FIBONACCI ANALYSIS

Agreement = the area of logical objective points(COP, OP or

ADVANCED FIBONACCI ANALYSIS

Confluence = the area of F3 and F5 nearing each other

Retracement: F3=0.382 & F5=0.618

2) What advantages do D-Levels have?

D-Levels vs. Regular Fibonacci Levels

Traders need a plan that allows

D-Levels vs. Regular Fibonacci Levels - Quality

D-Levels vs. Regular Fibonacci Levels - Quality

D-Levels vs. Regular Fibonacci Levels - Clarity

D-Levels vs. Regular Fibonacci Levels - Clarity

D-Levels vs. Regular Fibonacci Levels Ease of Use

Quality, Clarity and Ease of Use Combined !

D-Levels vs. Regular Fibonacci Levels

Traders need a plan that allows

3) How to use D-Levels to identify the

3) How to use D-Levels to identify the

A. Gold futures market