You can use Elliott wave analysis to help you trade the markets objectively. It helps you identify trends and turning points, find realistic price targets and manage risk with precise stop-loss levels -- putting you miles ahead of other traders.
In this new interview, Jeffrey Kennedy gives a trading lesson on how to utilize trendlines, trend channels and price gaps in conjunction with your Elliott wave analysis.
How do you know the right time to exit when price action goes your way? While no forecasting method guarantees that you buy at the absolute low and sell at the absolute high, Elliott wave analysis -- and, specifically, Fibonacci relationships between waves -- can help you identify high-probability price targets.