money school

Charting: Elliot Wave, Structure and Ratios

Elliot Wave Basics: Multiple Waves Create A Pattern

You need multiple waves to create a pattern. [Source: Anil Mangal] Look for 1.) Impulse moves and 2.) Correction moves.

Elliot Wave Patterns Are Composed of Impulse and Correction Moves

An impulse move is an overall trend or general direction. Impulse moves are often composed of 3-5 sub-waves. Correction moves are sideways or in the opposite direction of the impulse trend. Correction moves are often composed of 3 sub-waves. [Source: Anil Mangal]

Impulse moves are sharper. Correction moves tend to have more waves in them than impulse moves. [Source: Anil Mangal]

Elliott Wave Theory - Basics

Anil Mangal: Part 1 Understanding How [Elliot] Wave Analysis Works + Q & A

Anil Mangal: Part 2 A simple way to understand the Elliott wave Theory

Jason Stapleton: Look Left for STRUCTURE - Do you understand the POWER of structure?

Jason Stapleton: RATIO Trading [Harmonic Moves] - How to Predict Market Moves

FIBONACCI Trading: The Secret to Using the Fibonacci Extension Tool and Learn the Secret to Trading FIBONACCI Retracements