As I mentioned in a recent Charts in Play, flag formations are one of my favorite chart patterns to trade. These triangles generally represent continuation patterns or pauses in a major trend.

Fueled by an ultra-easy Bank of Japan monetary policy and a combination of stronger U.S. economic data and rising interest rates, USDJPY has trended up strongly. The surge in USDJPY in November from ...

It's probably one of the more misunderstood parts of technical analysis, because when Elliott first started to talk about Fibonacci ratios back in 1938, he basically only brought out .618, .382, 50%, ...

We've now discussed finding entry points, setting stops, and projecting initial profit targets in the previous lesson. I’ve found that it’s usually harder to decide what to do with the trade once you ...

What is a Fibonacci retracement and why is it a popular choice when using technical analysis? Find out how to use Fibonacci retracements to trade with us. Fibonacci retracement denotes a type of ...

Ideally, when the market is in a downtrend, we should look for rallies up off of the lows to a resistance level as a selling opportunity. Conversely, when the markets are in an uptrend we should look ...

In this section, I will discuss how to use a Fibonacci retracement to time trade entries and to control risk. This is done through identifying profit targets and initial stops or hedges. In the next ...

Fibonacci retracement levels are often useful in defining short- and long-term price trends for a stock or sector Technical analysis is an important aspect of stock and option trading methodology. In ...

In this trading lesson, Elliott Wave International's Jeffrey Kennedy shows you how you can use Fibonacci to forecast potential turning points in your charts. You'll learn the most common Fibonacci ...