Elliott Wave Analysis of Forex

If you are trading in the Forex markets, and wish to learn how to use Elliott Wave Analysis to trade currencies profitably, then you should start by reading the book “Elliott Wave Principle Applied to the Foreign Exchange Markets” written by Robert Balan. I have had...

Elliott Wave Analysis of AUD/USD (Australian Dollar)

This page gives you an example how one could use Elliott Wave Analysis to trade AUD/USD or the Australian Dollar. It was back in April 2001 that the Australian Dollar commenced its bull market run from a low of 0.4773. It took just over seven years for it to peak (in...

Why Elliott Wave analysis is useful – Part 1

I use Elliott Wave analysis to give me an idea of where we are in an unfolding move, and also how far that move could go. If there is one important lesson I have learnt in using Wave Analysis, it is this: Your analysis could be the best in the world, but until the...

How to trade a head and shoulders chart formation

The Head and Shoulders formation in probably the best known formation among traders. This post looks at how to trade this chart pattern. First, when you seek to identify a formation as a head and shoulder top, you are trying to figure out a ‘reversal’ pattern. This is...

Elliott and Gann – A winning combination

If many traders are intrigued by Elliott Wave Principle, then it is fair to say that most traders are foxed by Gann. It is fair to say that anyone who can master both Elliott and Gann has with him a very powerful winning combination. In this page, I am going to use...