Viktor Pershikov, MFTA

Consultant Analyst, Forex Club
Moscow, Russia

Profile

Viktor Pershikov, MFTA, is a consultant analyst at "Forex Club", a leading FX broker in Russia. In 2012 Viktor became the first Master of financial technical analysis (MFTA) in Eastern Europe. He is the author of several books about trading, including "Complete guide to Comprehensive Fibonacci analysis on FOREX". Mr. Pershikov has vast experience in teaching the strategies of technical analysis based on his own educational method and aimed at development of individual views of every trader. Viktor believes that individual approach in trading is the priority. He has been trading on the foreign exchange market for more than 7 years and his preference is long-term assets trade on Forex.



Presentation Abstract

Comprehensive Fibonacci Analysis -
A Paradigm of Modern Technical Analysis

The main objective of the presentation is to demonstrate the outcome of the evolution in Fibonacci analysis: transition from the single

price levels and traditional analytical tools to the integrated approach, which allows not only to effectively explore markets by means of “retracement”, “extension” and “projection”, but also to apply these Fibonacci tools under a particular trading strategy.
The presentation aims to introduce an independent area of technical analysis – the Comprehensive Fibonacci Analysis (CFA) to the participants of the conference. In the course of this presentation, 4 major analytical tools will be defined, along with the rules of their construction and application. After that, I will outline the basic CFA concepts and principles of deals based on the CFA rules.
An important CFA feature, as an analytical area, is the absence of other tools, such as indicators, elements of Elliott Wave Theory, etc.