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As a technical trader, you would have often wondered how to use Fibonacci ratio retracements effectively. Should we use the extreme points, or should we use the closing prices of the extremities of moves? You have come to the right place, as I am going to explain to you the most important details that will …

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Fibonacci Number Series

November 6, 2022

Welcome to WaveTimes. I have prepared several articles that use the Fibonacci Number Series as part of my Elliott Wave Analysis. You will be redirected to one of them now. Of particular interest is my post How to use Fibonacci Ratio Retracements. My Elliott Wave book “Five Waves to Financial Freedom” has numerous examples of …

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So you have come here looking for the elusive magic of The Elliott Wave Principle in forex market! It was Robert Balan, an old friend, who once said “Can anyone parlay a $10,000 capital into $1,000,000 in a year? In five years? If so, how do you do it and what are the risks involved?” …

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