Tag Archives: trading

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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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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Elliott Wave Analysis of 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. … Continue reading

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Outlook for Gold

Many of you are aware that I have been looking for a serious downmove in Gold, but only AFTER a second retracement of the move that followed the initial sell off at the end of an extended fifth wave. We are currently still in that second retracement. I would urge traders to be paitient because the recent moves are not suggestive of an imminent reversal. Take a look at the chart below for additional inputs.
Elliott Wave Analysis of Gold Continue reading

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Fibonacci Number Series

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, you would have found a lot of material, but few explain it clearly enough. So this post aims to fill some of the gaps.

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Gold is doing its final lap now

Quite a few investors and traders whom I know have been betting big on Gold. For them, this post should should serve as an early warning of what is to come. Once the current strength wanes, the metal will simply … Continue reading

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My Trading Philosophy

Its been a long hard road that I have travelled. Many lessons have been learnt, not by paper trading, but by losing real money. I have read dozens of books, and experimented with several methods. One thing is certain. You … Continue reading

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