Ralph Elliott developed the Elliott Wave Theory in the late 1920s by discovering that stock markets, thought to behave in a somewhat chaotic manner, in fact traded in repetitive cycles.
Take this course if you're interested in learning an advance way of trading the Forex or Stock Markets. Less than 5 percent of Forex and stock Traders know about the Elliott Wave theory and way less understand it.
What is the win ratio for this technique?
This technique provides a general means of analyzing the market, once you understand this technique then you can take countless trades based on the rules. I have found that trading wave 4 alone gives about a 70% win ratio, but you must know how to trade it.
Live Forex Trade example over 400 pips
When you take this course you will see a live example of a trade I took using Elliott wave making over 400 pips, I also explain how and why I took the trade.
After taking this course you will learn the rules and guide lines to trading the Elliott Wave Theory, you will see how effective this technique is in predicting short term and long term price movements.
**You will see how extremely predictable the market can behave at times, once you understand this technique**
This is a trading technique that has been proven through the test of time, has successfully predicted several Bull and Bear markets and several market crashes including the 1987 crash.
So if you are ready for advance Forex Trading or advance stock trading take this course
In this introductory lecture I talk about why I like teaching Forex and how I started trading. The trade in the background is a trade I took on the GBPJPY, using Elliot wave, I made over 800 pips on that trade.
In this lecture we discuss the basics of the Elliot wave theory. We discuss wave Function, what is a Actionary wave, what is a Reactionary wave, what is a Motive wave and what is an Impulse wave.
In This lecture we discuss the 5 wave Pattern. We discuss the rules of the Elliot wave theory as well as the fact that the market is a Fractual.
Lets see how much you know about the Elliot Wave theory so far
In this lecture we discuss what is an Elliot wave Truncation. After watching this video you will learn what is an Elliot wave truncation, what causes truncations, where truncations appear and how to predict when a possible truncation may occur
In this lecture we discuss Elliot wave triangles. After watching this lecture you will be able to properly identify Elliot wave triangles, you will understand the significance of these triangles and you will learn where these triangles are most likely to appear and why Elliot wave traders like trading after observing a triangle.
In this lecture we discuss the Flat patterns. After watching this lecture you will be able to identify the different types of flats, you will also learn the characteristics of Flat patterns and how they subdivide.
The Zigzag Pattern, this is a powerful pattern that can prove extremely lucrative to the alert Elliot wave trader. In this lecture we discuss the different types of Zigzag pattern using multiple chart examples.
Every wave has unique characteristics, in this lecture we discuss some of the various characteristics of each type of wave. We discuss the characteristic of the various impulse waves and corrective waves
In this lecture we discuss Elliot wave Extensions. After watching this lecture you will learn what is an extension, where extensions may appear and how to Identify extensions on charts.
In this lecture we discuss the Ratios and Guidelines of the Elliot wave principle. We discuss the ratios using multiple chart examples.
In this lecture we discuss we practice identifying Elliot waves on charts. In this example you will see multiple examples of chart counts that you can use to get an understanding of how to properly apply the Elliot wave theory.
In this lecture we discuss a trade I took using Elliot wave. This trade was during the US election and involves and Elliot wave Zigzag pattern. In this lecture you will see my Elliot wave analysis of this trade and you will see my entry which was based on the 5 min time frame. You will see the 5 wave pattern and you will see the zigzag ABC pattern. I made over 700 pips off this trade, learn how now.
I am a living witness that if you're brave enough to dream it, it can happen, you have to be determine that no matter what it takes you're not going to stop, you're not going to quit, you're not going to give up until you make your dream become a reality.
At the age of 16 I started learning Forex. I took several Forex courses and I was determined that I was going to be one of the greatest Forex traders. Eight years ago when I started trading Forex professionally I was making a lot of mistakes and was not making much money. I decided to start doing my own market research, determined that I would develop a trading strategy that would make me consistent profits. It was hard, I had to do hours and hours of chart analysis and technical analysis experimenting with a wide array of trading systems and methodologies none of which proved to be as consistent as I had hoped.
After about 3 years of market research and chart analysis and after reading over 11 different books on Trading I discovered the trading method that changed my life. A trading method that I have back tested an improved upon creating my very own technique, The Four Step Confirmation Technique.
When I left college after completing my BSc in biotechnology and organic chemistry, I started trading Forex full time because from the age of 16 I had always dreamt of becoming a professional Forex trader and having my own Investment company. I also knew that as long as you work for someone else they are controlling your destiny and I never wanted anybody signing my paycheck but me.
I made these courses to help traders because I know how difficult it can be trading Forex if you don't have a proven trading method. These courses will not make you rich overnight, so if that's what you're looking for then don't take any of my courses. These courses however, are course that will equip you with the knowledge to make a comfortable living online.
You see in life we have to take chances, I took a chance 8 years ago with Forex and it has carried me literally from nothing to something. Now I trade Forex for a living at Loretta FX a company I started, you can do anything you put your mind to!
We are a group of Forex traders and Fund managers with over 8 years experience trading in the Forex market. We have mastered every technique from Fibonacci trading, Support and Resistance trading, Divergence trading, Breakout trading, Pattern analysis, Elliot wave, VSA, Price action trading to trading Fundamental Analysis and our aim at LFM is to pass on that knowledge.