
Explore how Elliott wave theory reveals patterned market behavior and forecasts moves using real-world examples in gold, nifty, and stocks, including ending diagonals and ABC labeling.
Learn the Elliott wave principle within technical analysis, analyzing five-wave impulse patterns followed by three-wave corrections, and identifying fractal, multi-timeframe wave structures to predict probable market directions and turning points.
Identify motive waves as five-wave moves with impulse and diagonal triangle patterns, and apply rules: wave 2 never starts before wave 1, and wave 3 is not the shortest.
Understand extensions in impulse waves, where strong trends elongate waves to nine or thirteen, with extensions in waves 1, 3, or 5, plus truncations and real-life stock and commodity examples.
Identify diagonal triangles, where waves 1, 3, and 5 have three subwaves and wave 4 overlaps wave 1, forming two converging trend lines for a swift reversal.
Explore zigzag and flat corrective waves in Elliott wave theory, with a zigzag’s 5-3-5 structure and flats formed as A-B-C moves, including regular and irregular (expanded) flats.
Explore Elliott wave triangles, including symmetrical, descending, ascending, reverse symmetrical, and running types, bounded by converging trend lines AC and BD, with wave e overshoot and price thrusts after completion.
Explore complex corrective combinations linked by X waves, labeled W, X, Y, and Z, using zig zag, flat, and triangle structures.
Learn the three Elliott wave rules for impulse waves: wave three cannot be the shortest, wave two cannot retrace wave one, and wave four cannot cross wave one's territory.
Learn the wave equality guideline in Elliott Wave theory, where waves one and five tend toward equal time and magnitude, demonstrated with forex charts and fibonacci extension measurements.
The guideline of alternation states that a sharp correction in one impulse wave often precedes a sideways correction, with zigzag, flat, expanded flat, and triangle structures alternating.
Explore the depth of correction in Elliott Wave Theory, showing how higher-degree ABC corrections end near the foot of one lesser degree, and how triangles guide entries, exits, and stops.
Master trend channels by using three points to connect impulse wave terminations and draw parallel lines, estimating waves four and five, with euro usd and stock market examples.
Learn triangle measurement in Elliott wave theory via a five-wave triangle A–E. Extend AC and Beedi trend lines, then add the width to E to estimate the next price target.
Explore Fibonacci price relationships and the golden ratio, including 0.618 and 1.618, retracements such as 61.8% and 38.2%, and key multiples in impulsive and corrective waves for price targets.
Learn to identify sector outperformance by creating a ratio of Bank Nifty to pharma index and using rising wedge breakout with 50/200 moving averages on the weekly chart.
Explore the nifty to gold ratio with RSI on the ratio chart to spot long-term bottoms and rallies, noting RSI below 30 as a potential signal.
Apply moving averages to avoid fomo by recognizing late-stage trend entries. Compare 50, 100, and 200 moving averages on monthly gold and silver charts to assess stretch and guide profits.
What some of the students say about this course
"Amazing. He does not say one single thing without explaining himself. It's like listening to Mozart: his thought process is so well organized that if you were to play these lessons to a baby still in the womb, it would literally be born with a higher IQ."
"I am not new to Elliot Wave Theory and I think this course is Excellent. The subject is complex and if you are interested in learning EWT this will provide you with a great "practical" starting point."
Latest News: Indian Insight Founder & Instructor of this course, Yash Utmani was ranked 8th in Position Trading & 12th in Day Trading in Equities Segment in the last concluded edition of Pro Advisory Championship Competition, India 2016.
What is this course about?
This is a technical analysis course based on an advanced concept in technical analysis, popularly known as Elliott Wave Theory. Elliott wave theory was discovered in 1930s by Ralph Nelson Elliott and has survived the test of time. This is a complex tool within technical analysis, which can be difficult to understand initially, but once you start applying it you would be amazed with the insights for financial trading offered by this theory. The various financial trading examples shared with you as part of this course will convince you on this and demonstrate to you the power of technical analysis.
Why should you take this course?
This course will help you understand this advanced concept from technical analysis so that you can start applying it for short term trading or long term investing purposes or for any other financial trading. Throughout the course we share many examples from real life financial trading (many of them taken from our technical analysis research desk over years). These examples will demonstrate to you the practical applicability of all the concepts to different areas of financial trading.
As part of this course you will also learn the various technical analysis patterns associated with elliott wave theory. Some of these technical analysis patterns are complete financial trading systems in themselves that you can use instantly to trade profitably. Students who have some knowledge of classical technical analysis can also combine their knowledge with what they will learn in this course and can improve the accuracy of their trades substantially.
How is this course structured?
This course is structured into 4 sections:
1. Introduction to wave theory: Where we introduce you to elliott wave theory
2. Motive Waves: Where we explain the various patterns that represent trending markets
3. Corrective Waves: Where we explain the various patterns associated with corrections
4. Elliott Wave Rules & Guidelines: Where we explain the various rules & guidelines associated with elliott wave theory. These concepts will help you in correctly identify various patterns & set price targets for practical financial trading.
It is often said that Technical Analysis is useful only for short term trading. Nothing can be further from the truth. Advanced Technical Analysis concepts like elliott wave theory can be as effective for long term investing as it is for short term financial trading. The applicability of this advanced technical analysis tool across financial markets makes it one must have tool for all serious practitioners of technical analysis.
If you have some knowledge of technical analysis, this course will take your knowledge to a new level. If you are new to technical analysis then I believe this is best place to start your journey into technical analysis because you would have an open mind to advanced technical analysis concepts covered in this course that might be a bit hard to believe for more experienced technical analysis users. But don't worry the examples in this course will leave no doubt as to the effectiveness of this advanced technical analysis concept.
I have personally benefited immensely from learning these advanced technical analysis concepts and I believe not using technical analysis in your investing or financial trading journey will only make it harder for you to succeed. So if you want to learn this advanced technical analysis concept enroll now!