DISCLAIMER
This presentation is provided by Saxo Capital Markets (Australia) Pty Ltd („Saxo Capital Markets‟) (ABN 32 110 128 286) (AFSL 280372) for your general information and education purposes only, and all reasonable efforts have been made to ensure that any information and commentary are accurate and up-to-date. The presentation is updated from time to time but may not always be up-to-date in every respect and no responsibility is accepted for any loss arising from inaccurate or incomplete information, however caused. Saxo Capital Markets makes no warranty as to the accuracy, completeness, merchantability or fitness for any purpose, of the information contained in the presentation or as to the results obtained by any person from the use of any information or investment product mentioned throughout this presentation. Saxo Capital Markets does not warrant that all technical aspects and functions of its platforms are explained during this presentation.
None of the information contained herein constitutes an offer to purchase or sell a financial instrument, or to make any investments. Saxo Capital Markets does not take into account your personal investment objectives or financial situation and makes no representation and assumes no liability to the accuracy or completeness of the information nor for any loss arising from any investment based on a recommendation, forecast or other information supplied by any employee of Saxo Capital Markets, third party, or otherwise. All expressions of opinion are subject to change without notice. Any opinions made may be personal to the author and may not reflect the opinions of Saxo Capital Markets.
You should carefully consider whether trading in any financial product is appropriate for you based on your financial circumstances. You should be aware that dealing in products that are highly leveraged carry significantly greater risk than non-geared investments. As such, you could gain and lose large amounts of money. You may sustain losses in excess of the monies you initially deposit to maintain any positions in leveraged products. Always ensure that you fully understand these risks before trading.
Always refer to Saxo Capital Markets Combined Financial Services Guide & Product Disclosure Statement available via www.saxomarkets.com.au. Please also consider whether acquiring or continuing to hold these products is suitable for you, prior to opening an account.
The Pixar Way: 37 Quotes on Developing and Maintaining a Creative Company (fr...
UNIT Platform Presentation
1. Saxo Capital Markets (Australia) Pty LtdTRADING WORKSHOP
TECHNICAL ANALYSIS AND SAXOTRADER PLATFORM
ABN: 32 110 128 286 AFSL: 280372
2. 2
DISCLAIMER
This presentation is provided by Saxo Capital Markets (Australia) Pty Ltd („Saxo Capital Markets‟) (ABN 32 110 128
286) (AFSL 280372) for your general information and education purposes only, and all reasonable efforts have been
made to ensure that any information and commentary are accurate and up-to-date. The presentation is updated
from time to time but may not always be up-to-date in every respect and no responsibility is accepted for any loss
arising from inaccurate or incomplete information, however caused. Saxo Capital Markets makes no warranty as to
the accuracy, completeness, merchantability or fitness for any purpose, of the information contained in the
presentation or as to the results obtained by any person from the use of any information or investment product
mentioned throughout this presentation. Saxo Capital Markets does not warrant that all technical aspects and
functions of its platforms are explained during this presentation.
None of the information contained herein constitutes an offer to purchase or sell a financial instrument, or to make
any investments. Saxo Capital Markets does not take into account your personal investment objectives or financial
situation and makes no representation and assumes no liability to the accuracy or completeness of the information
nor for any loss arising from any investment based on a recommendation, forecast or other information supplied by
any employee of Saxo Capital Markets, third party, or otherwise. All expressions of opinion are subject to change
without notice. Any opinions made may be personal to the author and may not reflect the opinions of Saxo Capital
Markets.
You should carefully consider whether trading in any financial product is appropriate for you based on your
financial circumstances. You should be aware that dealing in products that are highly leveraged carry significantly
greater risk than non-geared investments. As such, you could gain and lose large amounts of money. You may
sustain losses in excess of the monies you initially deposit to maintain any positions in leveraged products. Always
ensure that you fully understand these risks before trading.
Always refer to Saxo Capital Markets Combined Financial Services Guide & Product Disclosure Statement available
via www.saxomarkets.com.au. Please also consider whether acquiring or continuing to hold these products is
suitable for you, prior to opening an account.
3. 3
ABOUT SAXO BANK & SAXO CAPITAL MARKETS
A fully EU-regulated Danish investment bank
founded in 1992 by Kim Fournais and Lars Seier
Christensen.
Specialises in online trading and investment,
servicing retail clients, corporations and
financial institutions.
A leading presence in online trading due to
client service, competitive pricing and industry-
leading trading platforms.
Enables private investors and institutional
clients to trade FX, CFDs, ETFs, Stocks, Futures,
Options and other derivatives via multi-award
winning online trading platforms.
Close client relationships enable tailor-made
investment consultancy services.
4. 4
SAXO OFFICES AROUND THE WORLD
PANAMA
BELGIUM
FRANCE
THE NETHERLANDS
SWITZERLAND
ITALY
CZECH REPUBLIC
UK
DENMARK
CYPRUS
RUSSIA
DUBAI
GREECE
HONG KONG
JAPAN
SINGAPORE
URUGUAY
SPAIN
POLAND
SOUTH AFRICA
TURKEY
AUSTRALIA
INDIA
5. 5
Employees > 1300
Spoken Languages 40
Offices 25 countries
No. of FX trades per day 170,000
Daily average turnover 100 billion DKK equiv. 20 billion AUD
No. of countries with retail clients 190
No. of specialised and integrated trading platforms 3
SaxoTrader languages 25
Financial instruments more than 30,000
FACTS ABOUT SAXO BANK & SAXO CAPITAL MARKETS
6. 6
The High-Net-Worth Investor
Institutional investor or a client
with significant investable assets.
Requires expert personal service.
Expertise and a documented track
record are required.
Operates off-line and emphasises
the importance of dedicated
service and relationship
management.
The Self-directed Investor
Less risk appetite than the
Trader.
Needs access to investor
information and analysis before
investment decisions are taken.
Online and information
oriented.
Requires a full-service concept.
The Sophisticated Trader
An expert in one or more
financial products.
Online oriented and interested in
the broad product suite and tools
provided in the SaxoTrader.
Demanding client and requires
knowledgeable service.
The Self-directed Trader
Online oriented.
Interested in a broad financial
product suite that enables full
self-service.
Price sensitive.
Use communities and other
online discussion groups to assist
in determining the next trade to
make.
Sophisticated
Traders
High-Net-Worth
Investors
Self-directed
Traders
Self-directed
Investors
FACTS ABOUT SAXO BANK & SAXO CAPITAL MARKETS
7. 7
Trading Strategies: Technical Analysis vs
Fundamental Analysis
Fundamental Analysis
Attempts to understand and predict the intrinsic value of stocks (or a financial
instrument) based on an in-depth analysis of various economic, financial,
qualitative, and quantitative factors.
Observes numerous elements that affect stock prices such as sales, price to
earnings (P/E) ratio, profits, earnings per share (EPS), as well as macroeconomic
and industry specific factors.
8. 8
Trading Strategies: Technical Analysis vs
Fundamental Analysis
Technical Analysis
Is an analysis methodology for forecasting the direction of prices through the study
of past market data, primarily price, pattern and volume.
Technical analysis doesn‟t consider fundamental factors such as supply and demand
14. 14
Trading Strategies: Identifying a trend
Horizontal Support & Resistance
During 2006, the EUR/USD bounced back and forth between a support level at
about 1.2500 and a resistance level at about 1.2900
15. 15
Trading Strategies: Identifying a trend
Diagonal Support & Resistance
Diagonal support and resistance levels can be more difficult to identify when you
are just getting started. However, diagonal support and resistance levels are
usually the most important levels when you are analyzing a currency pair that is
trending. Remember, you want to find trending currency pairs because it is much
easier to make profitable trades when a currency pair is trending
16. 16
Trading Strategies: Identifying a trend
Price Patterns
Price patterns are chart formations that provide insight into what forex traders are
thinking and feeling at various price levels. Learning to recognize various price
patterns gives you an advantage over traders who a re only using fundamentals or
technical indicators. Imagine having the ability to precisely identify trade entry
points as a currency pair breaks out and the ability to accurately project how far a
currency pair is going to move once it has broken out and started moving. Price
patterns give you this ability.
Price patterns are divided into the following two categories:
1. Continuation Patterns; &
2. Reversal Patterns
17. 17
Trading Strategies: Identifying a trend
Continuation Patterns
Forex traders continually ask themselves the question, “Can this trend continue?”.
Deciding whether to enter a new trade in the middle of a trend or whether to exit
the trade you are currently in and take your profits is difficult. You can never know
if a currency pair is going to turn around and start moving in the opposite
direction.
Continuation patterns give you advanced warning when a currency pair is likely to
resume its trend after a short consolidation period and how far the currency pair is
likely to move in that direction. Of course, continuation patterns are not infallible,
but they do put the odds of success in your favour
There are 4 major price continuation patterns:
1. Pennants
2. Flags
3. Wedges
4. Triangles
18. 18
Trading Strategies: Identifying a trend
Continuation Patterns: Pennants
Pennants are continuation patterns that form as the price of a currency pair moves
into a tighter and tighter consolidation range. Pennants can be either bullish or
bearish, depending on what the trend was before the pennant began to form. If a
currency pair was in an up trend before the pennant began to form, it is a bullish
continuation pattern. If a currency pair was in a down trend before the pennant
began to form, it is a bearish continuation pattern. Pennants usually form over
shorter periods of time.
19. 19
Trading Strategies: Identifying a trend
Continuation Patterns: Pennants
Pennants all have the following five characteristics:
Resistance level (A) — down - trending level of resistance that is converging with
the support level
Support level (B) — up - trending level of support that is converging with the
resistance level
Flag pole (C) — the trend preceding the formation of the pennant. The flag pole
spans the distance from the beginning of the trend to the highest point of the
pennant (bullish pennant), or the flag pole spans the distance from the beginning
of the trend to the lowest point of the pennant (bearish pennant).
Breakout point (D) — the point at which the currency pair breaks up above the
down - trending level of resistance (bullish pennant), or the point at which the
currency pair breaks down below the up - trending level of support (bearish
pennant).
Price projection (E) — the price to which the currency pair will most likely fall
after it has broken out of the pennant formation (bearish pennant), or the price to
which the currency pair will most likely r
20. 20
Trading Strategies: Identifying a trend
Continuation Patterns: Triangles
Triangles are continuation patterns that form as the price of a currency pair hits a
flat level of support or resistance and begins moving into a tighter and tighter
consolidation range. Triangles can be either bullish or bearish, depending on what
the trend was before the wedge began to form. If a currency pair was in an up
trend before the triangle began to form, it is a bullish continuation pattern. If a
currency pair was in a down trend before the triangle began to form, it is a bearish
continuation pat tern. Triangles usually form over longer periods of time..
21. 21
Trading Strategies: Identifying a trend
Reversal Patterns
Forex traders continually ask themselves the question, “Can the trend continue?”.
Deciding whether a trend is over and if it is time to trade against the previous
trend is difficult. You can never know if a currency pair is going to turn around and
start moving in the opposite direction.
Reversal patterns give you advanced warning when a currency pair is likely to turn
around and begin a new trend and how far the currency pair is likely to move in
the opposite direction. Of course, reversal patterns are not infallible, but they do
put the odds of success in your favour
There are 4 major price reversal patterns:
1. Double tops / bottoms
2. Triple tops / bottoms
3. Head-and-shoulder top/bottoms
22. 22
Trading Strategies: Identifying a trend
Reversal Patterns: Double Tops & Bottoms / Triple Tops & Bottoms
Double tops/bottoms are reversal patterns that form as the price of a currency pair
hits a support or resistance level two times before the currency pair turns around
and moves in the opposite direction . Double tops are bearish reversal patterns and
double bottoms are bullish reversal patterns. If a currency pair is in an up trend, it
will form a double top. If a currency pair is in a down trend, it will form a double
bottom. Double tops/bottoms usually form over longer periods of time
23. 23
Trading Strategies: Fibonacci
Fibonacci
Fibonacci analysis is the study of identifying potential support and resistance levels
in the future based on past price trends and reversals. Fibonacci analysis is based
on the mathematical discoveries of Leonardo Pisano — also known as Fibonacci. He
is credited with discovering a sequence of numbers that now bears his name: the
Fibonacci sequence. The Fibonacci sequence is a series of numbers that progresses
as follows, 0, 1, 1, 2, 3, 5, 8, 13, 21, 34, 55.... To arrive at each subsequent
number in the sequence, you simply sum the two preceding numbers in the
sequence. For example, to find the number that follows 55 in the sequence, you
add 55 + 34 (the two preceding numbers in the sequence). The sum of 55 + 34 is
89. This is the next number in the sequence. What intrigued Fibonacci about this
sequence was not the numbers themselves but rather the relationships among the
numbers, or the ratios created by various numbers in the sequence. Perhaps the
most important ratio is 1.618— also known as the golden ratio, or golden mean.
The golden ratio and the other ratios that exist within the Fibonacci sequence
represent the natural ebb and flow of life. They also apply to the natural ebb and
flow of the forex market.
24. 24
Trading Strategies: Fibonacci
Fibonacci retracement
When a currency pair reverses trend, forex traders naturally want to know how far
the pair is most likely to move in its new direction. Fibonacci retracement levels
can help. Certain Fibonacci ratios are useful when you are trying to determine how
far a currency pair is going to retrace, or move against, a previous trend. The
ratios you will be using in your forex trading will help you find the following
retracement levels:
61.8 percent — Thislevel is found by dividing a number in the Fibonacci
sequence by the number immediately following it in the sequence (55 ÷ 89
= 61.8%).
38.2 percent — This level is found by dividing a number in the Fibonacci
sequence by the second number following it in t he sequence (34 ÷ 89 =
38.2%).
23.6 percent — This level is found by dividing a number in the Fibonacci
sequence by the third number following it in the sequence (21 ÷ 89 = 23.6%)
You will also use three other levels in your retracement analysis.
25. 25
Trading Strategies: Fibonacci
Fibonacci retracement
While the following levels are not calculated using numbers within the Fibonacci
sequence, they are based on the Fibonacci levels above:
50 percent — This level is determined by finding the middle between 61.8
percent and 38.2 percent ((61.8% + 38.2%) ÷ 2 = 50%).
76.4 percent — This level is determined by finding the distance from 38.2
percent and 23.6 percent (38.2% - 23.6% = 14.6%) and adding it to 61.8
percent (61.8% + 14.6% = 76.4%).
100 percent — This level is determined simply by finding where the previous
trend began Determining all six Fibonacci retracement levels provides you
with potential support and resistance levels you can use in your forex trading
31. 31
Saxo Capital Markets is one of the few
online brokers who offers access to
more than 23,000 different financial
instruments.
SAXOTRADER
SAXOWEBTRADER
SAXOTRADER APPS
MULTI-ASSET PLATFORM
MULTI-PRODUCT OFFERING
Saxo Capital Markets is a specialised and
integrated trading platforms.
32. 32
Market Orders
Limit Orders
Stop Orders/Stop Limit Orders
Stop if Bid / Stop if Offered
Trailing Stop
All offered with IF DONE and OCO capabilities
ORDER TYPES