We propose a new method to study transverse ow eects in relativistic nuclear collisions by F ourier analysis of the azimuthal distribution on an eventby-event basis in relatively narrow rapidity windows. The distributions of Fourier coecients provide direct information on the magnitude and type of ow. Directivity and two dimensional sphericity tensor, widely used to analyze ow, emerge naturally in our approach, since they correspond to the distributions of the rst and second harmonic coecients, respectively. The role of nite particle uctuations and particle correlations is discussed.