Course 5 11

### Summer School

Take your technical analysis and chart reading skills to another level by learning Elliott Wave Theory and harmonic price patterns.

1. ### 1Elliott Wave Theory

Have you ever heard of a charting technique that actually takes into account market psychology? If you haven't, it's time for you to get to know Mr. Ralph Neison Elliott.

1. read>>Elliott Wave Theory

Amidst all the chaos in the market, Mr. Elliott found order. The Elliot Wave Theory gives us a way to identify highly probable points where price is most likely to reverse.

According to Elliot, a trending market moves in a 5-3 pattern. Find out what that means here.

The Zig-Zag, the Flat, and the Triangle are all types of ABC correction wave formations.

4. read>>Fractals: Elliott Waves Within an Elliott Wave

Always remember that each wave is comprised of smaller wave patterns and that this pattern tends to repeat itself FOREVER.

5. read>>3 Cardinal Rules of the Elliott Wave Theory

Before you jump right into applying the Elliott Wave Theory to your trading, you must take note of the following three cardinal rules.

6. read>>How to Trade Forex Using Elliott Waves

Enough jibberjabber – it’s time to see the real thing! Here’s how you can apply Elliott Waves in trading.

7. read>>Summary: Elliott Wave Theory

Before you test your Elliott Wave skills in trading, make sure you’ve got its basics down to a tee.

2. ### 2Harmonic Price Patterns

If you still think that ABCD and Gartley and the Animals are parts of a nursery rhyme, then you need a lesson on Harmonic Price Patterns!

1. read>>Harmonic Price Patterns in the Forex Market

Harmonic price patterns are all about retracements. Let’s jump back into some trends!

2. read>>The ABCD and the Three-Drive

With the Fibonacci retracement tool, making pips can be as easy as A-B-C. Seriously!