Time Analysis

During the Elliott Fibonacci seminars, held by the author in 1983 in the United States, we introduced a trading concept strictly based on Fibonacci time analysis. Today this concept is as sound as it was then. Only now it's computerized. The performance profile has not changed. It can be shown that Fibonacci ratios are a reliable and consistent tool for time analysis and should be integrated into an investment strategy. Fibonacci ratios can be applied to any commodity or time span. Elliott...

Combining Price and Time

This chapter analyzes whether signals, based on a combination of price and time, will make trading safer and more profitable. Timing is the most essential element. What to buy is important, when to buy is more important. Investment markets progressively foretell their own future. Observation of waves indicate the next movement of the market by their patterns whose beginning and ending are susceptible to definite and conclusive analysis Elliott, p. 84 . As mentioned before, there does not seem...

The Traders Advantage Series Preface

The Trader's Advantage Series is a new concept in publishing for traders and analysts of futures, options, equity, and generally all world economic markets. Books in the series present single ideas with only that background information needed to understand the content. No long introductions, no definitions of the futures contract, clearing house, and order entry. Focused. The futures and options industry is no longer in its infancy. From its role as an agricultural vehicle it has become the...

Elliotts Market Patterns

If the market rhythm is regular, wave 2 will not retrace to the beginning of wave 1, and wave 4 will not correct lower than the top of wave 1. If it does, the wave count must be adjusted Figure 2 2 . Figure 2-2 a Erroneous counting in a 5-wave up swing b correct counting in a 3-wave up-swing c erroneous counting in a 5-wave up-swing d correct counting in a 5-wave up-swing. Each of the corrective waves 2 and 4, can be subdivided into three waves of a smaller degree. The correction wave 2 and...