Category Archives: Trading Tips

This category includes posts that give traders some insight not normally available in text books. The trading tips come mostly from the experience of the author, Ramki.

How to use Fibonacci Ratio Retracements

Choosing the right place to draw fibonacci retracements could mark the difference between success and failure in trading decisions. Continue reading

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Trading and training of the Will

“To aggressively pursue opportunity and equally aggressively refrain from risk when opportunity is not present requires a highly developed Will. We train ourselves for our careers, and we train ourselves physically. Rarely, however, do we train the Will and cultivate … Continue reading

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Introduction to 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 … Continue reading

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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 … Continue reading

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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 … Continue reading

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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 … Continue reading

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How to trade a Head & Shoulders chart pattern?

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 … Continue reading

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Elliott and Gann is 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 … Continue reading

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