Presenter: Nicola Delic , Forex Analyst, InstaForex
The Topics Of My Presentation Are:

Elliott Wave History

Impulsive Waves

Fibonacci and Elliott

Trading With Wave Power
Ralph Nelson Elliott (1871-1948)
U.S. Treasury Accountant
1930 – Elliott began study of stock
market data
Stock market prices trend and reverse
in recognizable patterns.
Almost 100 Years Proven Result
What Kind Of Market You Like
Clean Chart
Mass Chart
Impulsive Waves (Motive Waves)
Impulsive waves have a Five-wave
structure that impels the market
Impulsive waves are labeled with
numbers from 1 to 5
Waves 1-3-5 are motive (1-2-3-4-5)
Waves 2-4 are corrective (A-B-C)
3 Wave Rules
Wave 2 cannot retrace to the beginning of Wave 1
3 Wave Rules
Wave 4 cannot touch the territory of wave 1
3 Wave Rules
Wave 3 is often the longest, but it is never the shortest
Extended Waves
Leading Diagonals
Wave 1-3-5 are impulsive waves
Wave 2-4 are corrective waves
Leading Diagonal Found in wave 1
Wave 4 Enter In Territory of wave 1
Ending Diagonals
Ending Waves have 5 corrective waves
(A-B-C)
Ending Diagonal Indicate Trend Change
Ending Diagonal Founded in wave 5
Wave 4 Enter In Territory of the wave 1
Wave 2 Targets
First Wave to trade
Wave 2 retraces 50 or 61.8% of wave 1
Enter a trade only when you can count 5
sub-waves in the wave 1
Stop Loss should be put few pips above
wave 1
Wave 3 Targets
Most Powerful Wave
It Often retraces 161.8% of wave 1
Enter a trade when 3 wave pushes start of the subwave B of the wave 2
Stop Loss is at the end of the 2 wave
Take Profit 1 is at 100% of the 1 wave
Take Profit is 2 at 161.8% retraces of the 1 wave
Take Profit 3 is at 261.8% retraces of the 1 wave
(TP3 only for extended 3 wave)
Wave 4 Targets
Wave 4 retraces 23.6 or 38.2% of wave 2
Wave 4 retraces 100% of wave 2
Enter a trade in the subway C
Stop Loss is at the end of the wave 3
Wave 5 Targets
Wave 5 Retraces 100% of wave 1
Wave 5 retraces 161.8% of wave 4
Wave 5 retraces 61.8% of wave 3
Try to check all possible targets
Enter a trade only when you can count 3
corrective waves in wave 4
Stop Loss is at the beginning of wave 1
THE END
Company Info
INSTAFOREX GROUP
Site: WWW.INSTAFOREX.COM
Email: support@instaforex.com
Skype: ifx.support
Presenter Info
Nicola Delic
Email: nicola.delic@analytics.instaforex.com
Twitter:@SGCND
Skype:ND.IFX