RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT

Trading any financial market involves risk. This report and all and any of its contents are neither a solicitation nor
an offer to Buy/Sell any financial market.
The contents of this material are for general information and educational purposes only [contents shall also mean
the website http://www.elliottwavedna.com or any website (“the sites”) the content is hosted on, and any email
correspondence or newsletters or postings related to such website]. Every effort has been made to accurately
represent this product and its potential. There is no guarantee that you will earn any money using the techniques,
ideas and software in these materials. Examples in these materials are not to be interpreted as a promise or
guarantee of earnings. Earning potential is entirely dependent on the person using the product, ideas and
techniques. We do not purport this to be a “get rich scheme.”
Although every attempt has been made to assure accuracy, we do not give any express or implied warranty as to
its accuracy. We do not accept any liability for error or omission. Examples are provided for illustrative purposes
only and should not be construed as investment advice or strategy.
No representation is being made that any account or trader will or is likely to achieve profits or losses similar to
those discussed in this report or on http://www.elliottwavedna.com or on the sites. Past performance is not
indicative of future results.
By purchasing any content, subscribing to our mailing list or using the website or contents of the website or
materials provided herewith, you will be deemed to have accepted these terms and conditions in full as appear
also on our site, as do our full earnings disclaimer and privacy policy and CFTC disclaimer and rule 4.41 to be
read here with. So too, all the materials contained within this course, including this manual, whether they appear
on our domain(s) or are in physical form, are protected by copyright. "Warning: The unauthorized reproduction or
distribution of this copyrighted work is illegal. Criminal copyright infringement, including infringement without
monetary gain, is investigated by the authorities and is punishable with imprisonment and a fine." We reserve all
our rights in this regard.
Alaziac Trading CC, in association with http://www.elliottwavedna.com, the sites, content, and its representatives
do not and cannot give investment advice or invite customers or readers to engage in investments through this
course or any part of it.
The information provided in this content is not intended for distribution to, or use by any person or entity in any
jurisdiction or country where such distribution or use would be contrary to law or regulation or which would
subject us to any registration requirement within such jurisdiction or country.
Hypothetical performance results have many inherent limitations, some of which are mentioned below. No
representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
In fact, there are frequently sharp differences between hypothetical performance results and actual results
subsequently achieved by any particular trading program and method.

One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of
hindsight. In addition, hypothetical trading does not involve financial risk and no hypothetical trading record can
completely account for the impact of financial risk in actual trading.
For example, the ability to withstand losses or to adhere to a particular trading program or system in spite of the
trading losses are material points that can also adversely affect trading results. There are numerous other factors
related to the market in general or to the implementation of any specific trading program, which cannot be fully
accounted for in the preparation of hypothetical performance results. All of which can adversely affect actual
trading results.
We reserve the right to change the set terms and conditions without notice. You can check for updates to this
disclaimer at any time by visiting http://www.elliottwavedna.com
Governing law: this policy and the use of this report / course / DVDs / eBook, provided in any form, and any
content on the website are governed by the laws of the Republic of South Africa. Further details on this are found
under the Terms and Conditions on our site. Please ensure you read and agree with all Terms and Conditions as
set out on our site before using any of the materials. Your use and reliance on the materials is based on your
acceptance of such Terms and Conditions and policies as appear on the site.
Nicola Delic Advanced Fibonacci Tactics

Welcome to
Advanced Fibonacci Tactics

In this special report you will learn how to approach Fibonacci and how to
use it the best possible way.

Fibonacci Numbers You Should Be Aware Of

The most commonly used Fibonacci levels that we are going to use with
Elliott Wave are:

23.6 - 38.2 - 50.0 - 61.8 - 78.6 - 100.0 - 123.6 - 161.8 - 200.0

Fibonacci (Fib) Tools & Elliott Wave

You only need two tools to find the potential ends of waves:

 Fibonacci Retracement

 Fibonacci Extensions

The Fibonacci Retracement Tool

The Fibonacci Retracement Tool will assist us to determine the potential

end points of the corrective waves: 2-4-B-X. The best use of this tool is to
find potential entry points for the next wave that is trading in the
direction of the larger trend. I will explain this section also on the videos
and inside the member’s area.

Using this tool is simple and is the same on all platforms. You draw Fibs
from the start to the end of the previous trend wave. For example: If you
want to find the ending of wave 2, you’ll draw Fibs from the start to the
end of wave 1.

www.elliottwavedna.com 3
Nicola Delic Advanced Fibonacci Tactics

Fibonacci Expansion Tool

The Fibonacci Expansion Tool will assist us to determine the potential end
points of the Waves: 3-5-C. The best use of this tool is to locate potential
exits points for your trades.

Using this tool is simple and the same on all platforms. You draw Fibs
from the start to the end of the previous trend wave and then project
from a pullback. For example: If you want to find the end of wave 3,
you’ll draw Fibs from the start to the end of wave 1 and project from the
end of wave 2.

www.elliottwavedna.com 4
Nicola Delic Advanced Fibonacci Tactics

Fibonacci Zones For Entry Points

For the last couple of weeks, you have been using default Fibonacci levels
to try to project your entry and exit points, for example for the wave 2
entry point we’ve been using 50-61.8% of wave 1 as the best levels. But
now I want you to start to think a little bit about our setup waves (wave
2-4-B). We know that they are all corrective in nature, so you have a
smaller A-B-C inside.

Now, since we have more potential Fib levels that we can use, we are
going to try creating a Fibonacci support and resistance zone by
comparing our standard levels for entry and smaller A-B-C levels.

How To Create a Fibonacci Zone For Entry Points

Wave 2 Fib Zone -> Our primary targets for wave 2 are 50 and 61.8%
levels of wave 1 and we are going to compare these with 100-123.6%
extensions of wave C=A (smaller A-B-C inside wave 2).

Wave 4 Fib Zone -> Our primary targets for wave 4 are 23.6 and 38.2%
levels of wave 3 and we are going to compare these with 100-123.6%
extensions of wave C=A. (smaller A-B-C inside wave 4).

Wave B Fib Zone -> Our primary targets for wave B are 50 and 61.8%
levels of wave A and we are going to compare these with 100-123.6%
extensions of wave C=A. (smaller A-B-C inside wave B).

www.elliottwavedna.com 5
Nicola Delic Advanced Fibonacci Tactics

Fib Zone Example

On the picture above we can see a USDCHF chart, and first we used
Fibonacci Retracement Tool and drew it from bottom to top, so that we
know where to expect the potential support (yellow lines on the image).
After that we used Fib Expansion and drew it to determine 100-123.6%
levels (move down looks corrective, so think of this like you would project
your wave C). Now we can see that price of 50% and 100% extension is
almost the same and that tells me that’s the place I want to start
watching for the push higher, and entire zone between the 100%
extension and 61.8% we are going to call “the Fibonacci Support Zone.”

www.elliottwavedna.com 6
Nicola Delic Advanced Fibonacci Tactics

Fib Zone Example

The Example above shows us how to find “a Fibonacci resistance zone.”

First we can see that we had 5w down on this GBPJPY chart and when the
market started to push higher we drew the Fibonacci retracement levels
from the starting point of wave (i) [yellow] towards the ending point of
wave (v) [yellow] and we determined the 50-61.8% levels as the next
resistance levels. After we completed waves (a) and (b) we added fib
targets for wave (c) with the fibo expansion tool and we start to watch for
levels that come close to each other between this two fibs on the chart.
For the GBPJPY we can see that the 50% and 100% extensions(ext)
match each other and also that the 61.8% and 123.6% are matching, so
these four levels are telling us that we have more than a good chance to
see a resize between the 50% and 123.6% extensions

www.elliottwavedna.com 7
Nicola Delic Advanced Fibonacci Tactics

Fibonacci Zones For Targets

OK, now we know how we can determine a better Fibonacci zone for entry
points, but we can also try to use the same process for our targets. When
we have three smaller waves inside waves 2-4-B we know that waves 3-
5-C have five smaller waves inside, so we can compare our main targets
with a smaller sub-wave 5.

How To Create Fibonacci Zone For Target Points

Wave 3 Fib Zone -> Our primary targets for wave 3 are 100 and
161.8% extended levels of wave 1, we can also compare these levels with
smaller targets for sub-wave 5 of 3.

Wave 5 Fib Zone -> Our primary target for wave 5 is the inverse
161.8% levels of wave 4, we can also compare these levels with smaller
targets for sub-wave 5 of 5.

Wave C Fib Zone -> Our primary target for wave C is the 100 extension
levels of wave A, we can also compare these levels with smaller targets
for sub-wave 5 of C.

www.elliottwavedna.com 8
Nicola Delic Advanced Fibonacci Tactics

Fib Zone Example

Let’s start with an example in a bearish market. On the chart above we

are trying to find a support zone for targets of wave (iii) [blue]. From the
start we’ve used just 161.8% extension levels of the blue wave (i) as our
primary target, but as the market progresses and after the end of wave iv
we added another fib target into play; Inverse 161.8% of wave (iv) and
we can see that this two levels match each other, so we know that we
have more than good chance to reach our primary targets.

www.elliottwavedna.com 9
Nicola Delic Advanced Fibonacci Tactics

Fib Zone Example

On the chart above we can see how we have projected the Fibonacci
resistance zone in a bullish market. Again we are trying to trade wave [iii]
and for the start we are going to watch 161.8% of wave [i] but after price
tested 161.8% we just have 3 smaller waves, so we know that’s not
enough and we know we are going to have 5 smaller waves in total. So
after wave (iv) made a pullback we added fib levels that we can use to
project the potential ending point of wave [iii]… at the end we can see
that the 161.8% inverse don’t even come close to the 200% extension
however since the 123.6% inverse come close to 200% this is going to be
the zone that we are going to use.

www.elliottwavedna.com 10
Nicola Delic Advanced Fibonacci Tactics

Conclusion
I would like to also share a few powerful tips that will help you get the
most out of trading using Fibonacci levels and give you the very best
results.

As mentioned, Fibonacci is powerful when used alone, but it’s more

powerful if you find your zone of support and resistance.

Try to create a simple zone between larger counts and smaller ones, but
don’t try to add 100 fib levels, two will be more than fine.

This Fibonacci method served me very well and I know that you will enjoy
trading it too. If you can follow the rules and these simple guidelines you
are well on your way to success as a trader.

I wish you the very best in all your trading endeavors.

www.elliottwavedna.com 11