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William Gann was born in 1878. Trying hand at stock exchange where he used his own funds, he released that a special expertise is required to trade. He researched the market and could calculate a precise time of reversals even for the year before.

Elliott waves for Forex correlation analysis

2016 EURUSD GBPUSD USDJPY
09
12月

Wave Analysis: Yesterday, Euro opened at 1.07515, went as high as 1.08719, but ended up closing at 1.06140, several pips below it's weekly opening price. The previous day's candle is a perfect bearish engulfing candle and signals a possible increase of sellers in the market. Although we expect furt

Wave Analysis: As anticipated, the cable retraced towards 1.2734 but ended up closing at 1.2584, just a few pips below it's opening price, 1.2622. The previous day's candle is a perfect bearish pin bar, and should push the price further towards 1.24044 or even lower. As long as the level 1.27700 li

Wave Analysis: Yesterday, instead of going short as anticipated, the pair retraced to the upper side but is currently stalling around 114.48, which is the top of the triangular formation. As long as this limits invasion to the upper side, we expect a possible rebound from this level to go shot towa

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