Fibonacci in Nature

Leonardo Fibonacci (aka. Leonardo of Pisa) was the son of a merchant working at a trading post in North Africa. At the time most of Europe was using Roman numerals which proved cumbersome when trying to add or subtract and keep the business’ books. Leonardo recognized that the Arabic numerals used in Africa were much […]

The Popgun: A Two-Bar Pattern that Points to Trade Setups

The Popgun Bar Pattern- The popgun is a simple bar pattern trade setup that uses 2 bars that can help you quickly spot a potential trade. It is simply an inside bar followed by an outside bar. Don’t worry if you don’t know an inside bar from your elbow, we’ll explain that in a minute. Although this pattern is nothing […]

What A Simple Price Bar Can Tell You About A Market

Single- and Multi-Bar Price Analysis By Elliott Wave International Senior Analyst Jeffrey Kennedy has spent over 15 years developing techniques to “read between the lines” on a price chart, and he shares some of his techniques with you in a FREE eBook: Learn to Identify High Confidence Trading Opportunities Using Price Bars and Chart Patterns. […]

Elliott Wave Trading Q&A

Tips on technical indicators and how to improve your trading.  By Elliott Wave International There’s no shortage of actionable trading information out there, for every kind of trading style — countless newsletters, books, and websites to choose from. But how do you know when to apply this information to your trades? If you’re an experienced […]

Gold to Enter 5th Wave- Up, Up, Up

Editor’s Note: Many people have been wondering what’s up with Gold. Why has it been performing so poorly over the last year? Well, In today’s article David Banister explains what has been happening in terms of Elliott waves and gives us a good explaination of where it will be heading over the next year or so. […]

Characteristics of Zigzags Part 2

Basic Elliott Video Lesson — Characteristics of Zigzags For consistent trading, use Elliott as your metronome.  By Elliott Wave International When you are new to trading with Elliott Waves, it can take some time before each pattern is easy to recognize and understand. But as with new music, the more you listen the more the […]

Basic Elliott Video Lesson — How the Zigzag Measures Up

Editor’s Note: This excellent video from Elliottwave International  explains what the zigzag shape looks like in contrast to the other sideways structures such as a “Flat” and a “Triangle”. It also covers “Double Zigzags” and “Triple Zigzags”, plus the rules and guidelines for a Zigzag pattern.  Tim McMahon~editor   How To Differentiate a Zigzag From Other Elliott […]

Spotting Elliott WaveTrades- Charts and Video

By Elliott Wave International You can find low-risk, high-confidence trading opportunities by trading with the trend. The trick is to find the end of market corrections, so you can position yourself for the next move in the direction of the trend. On the left-hand side of the illustration below, there are two bullish trade setups. […]

Gold Cycles Will Soon Forecast Where Prices Are Headed

by  Chris Vermeulen Gold and stock market forecasters have been using cycles in price that repeat every certain amount of trading days to help them spot key reversal areas in the financial market. Almost everything in life seems to go in cycles and commodity prices and the stock market are no different. As we all […]

Using Forex Charts

Forex Charts Forex charts are the bedrock of technical analysis. Technical indicators are usually added to forex charts as a way of making sense out of the candlesticks and bars that define price movements. The sole aim of technical analysis is to be able to use the information on the charts to be able to […]