Using Fibonacci ratios to manage your trades efficiently with Sunil Mangwani
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Hi everyone
We are happy to announce that the speaker of the 17th October Mumbai Trading Meetup will be our host Sunil Mangwani, consultant and trader with over 10 year of experience.
Using Fibonacci ratios to manage your trades efficiently
Fibonacci ratios are a very popular tool among technical traders and price has an uncanny way of respecting Fibonacci ratios. Unfortunately most traders tend to use the common Fibonacci Retracement ratio with the standard values.But there are different kinds of Fibonacci ratios besides the retracement, like the Expansions, Projections, Fans etc, and each of them have a different characteristic and a different use.
Learn to identify the situations to use the appropriate Fibonacci ratio & learn the basic ground rules of applying these ratios correctly.
About Sunil Mangwani
Sunil Mangwani is a Physics graduate with a Diploma in Financial Management. He has been consulting & trading the forex market since the last 10 years and devises trading strategies based on his vast knowledge and in-depth study in the field of technical analysis.
He specializes in trading with price action and Fibonacci ratios. He uses the Fibonacci ratios to effectively trade advanced chart patterns such as ‘Divergence’, ‘Wolfe waves’ and ‘Harmonic patterns’. He trades these patterns on the live markets, with a consistently profitable performance, and his “Personal Mentorship” program has benefitted a large number of traders.
He has also developed video modules on specialized topics, and has contributed technical articles to different magazines like “Traders”; “The Trading-Journal”, “YTE magazine”, “Forex Journal” etc. He is registered as a “Pre qualified trainer for trading the Currency markets” on the “Global Expert Base”.
He participates as a speaker in various conferences / trading expo’s such as The “Asian Trader & Investor Convention” Mumbai (India); The International Traders Conference (ITC) 2008 Barcelona (Spain); The London Investor Show (London); The World Money Show (London) He also conducts specialized workshops on technical analysis in select locations such as London, Miami, Barcelona, Singapore etc. He is a consultant to the Multi Commodities Exchange of India, through their associated firm for research & technical analysis - FT Knowledge Management Company. In his years of trading and experience of teaching technical analysis, he realized that applying technical analysis is not enough to be a successful trader. One can be successful in this exciting, fulfilling and yet demanding business, if and only if, one has a definite plan on how to approach the market. If a trader has an iron clad “Trading Plan” with the 3M’s Method, Money, and Mind, it automatically puts the trader into the top 15% bracket of the winners. He conducts special coaching in technical analysis and takes individual mentorship programs from his website Fibforex123.com.
Do not miss it out and remember to RSVP!
General Mumbai Meetup Educational Proposal:
- Attendees brief introduction (5 to 10 minutes)
- Key Speech by an advanced member of the group or a guest speaker (45/50 minutes)
- Q&A (10/15 minutes)
- Thanks to our great sponsor "Tradenext", the group will enjoy some snacks afterwards while making friends and keep talking.
Two thumbs up for our sponsor!
Do not hesitate and join us!
