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pharoah01

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  1. EW junkie here. Well an average EW enthusiast anyways. We use EW to forecast price and simply to make sense of the current market trends. Since both Elliott Wave and Gann users use fibonacci numbers and levels.

     

    As for Gann, he has his own computations that work well with fibonacci sequences (retracements and projections) , and calendar cycles (as he traded wheat and other commodities that has a harvest cycle), but his main strength is price forecasting with the element of time.

     

    You could do an Elliott wave analysis of a pair and slap on a Gann Square (to project an estimate of time) or a Gann Fan (to project key resistance points).

     

    But, even astute Elliotticians are not omniscient. So we usually do atleast 1 or 2 alternate wave count analyses for both bull and bear scenarios.

     

    Sorry for my english. Not my first language. Hope it helped.

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