Market Analyst
Ken Nobak
Independent market analyst focused on structural, cyclical, and fractal interpretations of price behavior.
[01] Background
Market experience & journey
Ken first entered financial markets in 2003 through equity investing and completed a degree in finance in 2005. As his exposure to markets deepened, his interest shifted away from narrative explanations and toward understanding recurring price behavior across timeframes.
In 2012, Ken was introduced to cyclical market frameworks through the work of J.M. Hurst. This marked a turning point in his approach to market analysis. Rather than viewing cycles as isolated phenomena, he began studying them as expressions of deeper, self-similar structure.
Over time, this work led him to independently observe and map fractal price behavior across multiple scales, often by hand, using recursive zigzag structures. These observations preceded his later engagement with the work of R.N. Elliott and Benoit Mandelbrot, whose research provided formal language for patterns he had already been studying empirically.
Ken continues to draw and analyze fractal structures manually, as he has yet to encounter a mechanical system that fully reflects the structural relationships he observes in price. His work treats cycles as manifestations of fractal geometry operating across nested timeframes rather than as predictive tools.
[02] Methodology
The Fractal Cycles framework
The Fractal Cycles framework is based on observational structural analysis of price behavior.
This methodology focuses on:
- Expansion and contraction as the primary market mechanism
- Cycles as recursive expressions of fractal structure
- Market extremes as structural outcomes rather than anomalies
- Timeframes as nested, non-uniform expressions of the same underlying geometry
Analysis is conducted by observing recurring structural relationships in price, not by interpreting news, fundamentals, policy decisions, or sentiment as causal drivers.
[03] Explicit Boundaries
What this work does not provide
The work published on FractalCycles.com does not:
- Provide forecasts or predictions
- Offer trading signals or recommendations
- Suggest entries, exits, targets, or position sizing
- Serve as financial, investment, or trading advice
All content is intended solely to describe observable market structure through a fractal and cyclical lens. Readers are expected to form their own conclusions and decisions independently.
[04] Editorial Orientation
The purpose of this work
FractalCycles.com exists to help readers orient themselves within market structure, not to explain markets through linear narratives or event-based causality.
Recurrence
over explanation
Structure
over story
Geometry
over interpretation
Explore the framework
Discover how FractalCycles applies structural analysis to market data using advanced signal processing techniques.