Learn how to use Elliott Wave Analysis

Welcome to the magical world of Elliott Wave Analysis. You have probably arrived here because you wish to learn more about Elliott Wave Principle and how to use it to improve your trading performance. Whether you are trading in the foreign exchange market (forex) or...

Why Elliott Wave analysis is useful – Part 2

There are certain times when one can be more confident about using wave analysis. One such time is when we are approaching the end of an extending 5th wave, or soon after we start coming off from an extended 5th wave. In my earlier post on the usefulness of wave...

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...

Fibonacci Number Series: Elliott Wave Analysis

Elliott wave analysis of stock market or forex or commodity market would invariably involve the use of some Fibonacci numbers to arrive at targets for corrections or projections. If you had searched the Internet for some information about the Fibonacci number series,...