The Problem with Fibonacci Levels

Fibonacci ratios are everywhere in the world of trading, whether you trade forex, cryptos, stocks, futures, or “other”. It’s very common for traders to rely on key Fibonacci extension and retracement levels in their trading. Also, it’s well known that Fibonacci ratios are a particularly important aspect of Elliott Wave trading.

However, unless you’re using WaveBasis, it’s likely that the Fibonacci levels you’re following are often arbitrary and plain wrong. » » »

Scan for trade setups with confidence

If you’re like most traders, you want to be able to click a button and have the perfect trading opportunities available to you, ready for the taking. The Wave Scanner gadget isn’t a magic bullet, since there is no such thing, but it can quickly guide you toward trades that best fit your specific trading objectives. » » »

Shortcut to change symbol and/or timeframe

You probably already know, as with many charting platforms, you can enter or search for a symbol/ticker in WaveBasis from the Symbol Entry area as shown below. » » »

Save your wave counts for later

While it’s always helpful in Technical Analysis to be able to save your charting work and come back to it later, one of the unique aspects of wave analysis is the practice of tracking a wave count or » » »