Elliott Wave Series (My “Market Map”)
Module 1 – Elliott Wave Basics
Module 1 builds a solid foundation in the Elliott Wave analysis in you. By internalizing the basic wave patterns and the wave characteristics, you will start to understand the market as repeated cycles, and grow the instinct to recognize the large trend moves.
You will also be introduced to the application of Fibonacci on wave counting, projections, and retracements. Finally, you will learn a set of rules that you will use to tell whether your wave counts are wrong.
Module 2 – Impulsive Wave Patterns
There are two types of wave patterns -- the Impulsive Wave Patterns and the Corrective Wave Patterns. The Impulsive Wave Patterns are dissected in Module 2.
We will look at all possible wave structures, from the most common wave structures to the diagonal wave structures (typically found at the end of trends). You will learn the rules and guidelines which apply to impulsive waves, along with the Fibonacci projection guidelines to calculate targets on trend moves.
Finally, you will pick up a step-by-step approach for determining the End of a Trend. This makes you an expert at finding the end of a move. You will know when to be in the trend and when not to be in it!
Module 3 – Corrective Wave Patterns
In Module 3, Corrective Wave Patterns are analyzed, so that after studying the Zig Zags, Flats, Triangles and Combinations, you will become a seasoned corrective pattern aficionado.
Similar to Module 2, you will learn the rules and guidelines of Corrective Waves and the Fibonacci retracement levels that apply to each type. By learning these continuation patterns, you will be tuned in to when the trend will continue and make sure you are on board early.
Module 4 – Putting It All Together
This is when you piece everything you learn together into a complete picture!
Here you will be given the Elliott Wave Trading Map that guides you in determining the position sizing on a trend move. You will learn how to maximize your profit by increasing your position size during a Wave 3, and scaling down during corrective moves.
Also, Multiple Time Frame Analysis shows you how to conduct a top down approach so that you are comfortable trading on the smaller time frame once you understand the big picture. As a bonus, I will share with you how you can keep a Daily Trading Journal.