About Course
Elliott Wave Theory Course
Course Overview:
Unlock the power of market prediction with our comprehensive Elliott Wave Theory course. Designed for traders seeking to deepen their understanding of market movements, this course will guide you through both the foundational and advanced concepts of Elliott Wave analysis. You’ll learn to identify motive and corrective waves, utilize technical indicators like RSI and Fibonacci, develop effective trading setups, and enhance your trading psychology. With 6 hours of engaging content delivered in three 2-hour sessions, plus 2 months of handholding support, you’ll be well-equipped for successful trading.
Course Outline:
- Introduction to Elliott Wave Theory
- Overview of market cycles and fractals
- Basics of wave patterns and their significance
- Motive Waves (Impulsive Waves)
- Identifying the five-wave structure of motive waves
- Characteristics of impulsive waves (Waves 1, 3, and 5)
- Common mistakes in wave identification
- Corrective Waves
- Understanding the three-wave structure of corrective waves
- Key corrective patterns: Zigzags, Flats, and Triangles
- Recognizing corrections within larger market trends
- Use of RSI in Wave Analysis
- Integrating the Relative Strength Index (RSI) with Elliott Wave Theory
- Spotting divergences and overbought/oversold conditions
- Timing entries and exits using RSI in conjunction with wave counts
- Fibonacci Ratios in Elliott Waves
- Applying Fibonacci retracement and extension levels to wave analysis
- Predicting wave lengths and potential market reversals
- Combining Fibonacci levels with Elliott Wave counts for enhanced accuracy
- Trading Setup Based on Elliott Waves
- Designing a comprehensive trading plan utilizing wave analysis
- Strategies for entries, stop-losses, and exits based on identified waves
- Real-world examples of successful Elliott Wave trading setups
- Trading Psychology
- Managing emotions in trading, particularly during high volatility
- Maintaining discipline and adherence to your trading strategy
- Techniques to overcome fear and greed in trading scenarios
Post-Course Support:
2-Month Handholding
Upon completing the course, participants will receive two months of mentorship, including:
- One-on-one support for your trading journey
- Regular feedback on trades and analysis
- Assistance in refining your wave counting and strategy
- Access to Q&A sessions for ongoing learning and improvement
Course Duration:
Total Duration: 6 hours
Format: Three 2-hour sessions