Menu
webinara overview
Accounting and Finance

Webinar: Understanding Elliott Wave Patterns

Identifying Elliott Wave Patterns - Part 1

webinar description

Elliott Wave is a form of technical analysis that was developed by Ralph Nelson Elliott in the 1930s. Elliott observed that financial markets move in recognizable patterns which are created by underlying investor behaviors of fear and enthusiasm.

An Elliott Wave has two basic phases: an impulse or motive phase, and a reactionary or corrective phase. The impulse phase always moves in the direction of the trend, whereas the corrective phase moves against it. This would mean in a bullish market; the impulse phase will be moving upward while the corrective phase will be moving downward. In a bearish market the opposite will occur, meaning the impulse phase will move downward and the corrective phase will angle up.

In addition to the basic wave structure, there are also a variety of counting rules that go along with Elliott Wave analysis. For example, Wave 3 cannot be the shortest wave and Wave 4 cannot overlap the price territory of Wave 1. There are many such rules which constrain the wave counts possible for a given instrument. In the past, the complexity and variety of the wave counting rules made it difficult for a non-professional to effectively use Elliott Wave analysis in their trading.

Using Elliott Wave successfully means keeping it simple. This class was developed to provide you with the basic tools needed for a solid understanding of basic Elliott Wave structures: the 5-wave (impulse) pattern and the 3-wave (corrective) pattern. You can successfully trade using Elliott Wave analysis by following only three basic rules accompanied by a handful of guidelines.
Each Elliott Wave structure defines the trend and the market's next likely move. With a solid understanding of these simple rules and guidelines, you will gain confidence in counting a chart, which can result in a better understanding of the item's price potential.

Reasons to attend the webinar:
  • Basic Tools for understanding Elliot Wave Structure

  • Successful Trade with Elliot Wave Technical Analysis

  • How to read the charts with Elliot Wave Structure

Speakers:
Investing.com
Barry Norman, Expert
The Director of Investors Trading Academy as well as a published author and educator. Barry brings with him over 35 years of financial market knowledge and experience. He holds an MBA in Finance and Economics from UCLA and an undergraduate degree in Economics from the University of Maryland. Barry was award the title of “Best Education in Europe” by Global Banking & Finance. Barry is also a presenter for the MoneyShow and many well-known news sources.
22

Jan

2017

11:00 - 12:00 PM
(GMT +)

(Duration - 60 minutes)

ATTENDANCE FEE - FREE

WEBINAR HAS ENDED
Organizer: Investing.com

Investing.com is a global financial portal and internet brand composed of 27 editions in 21 languages and mobile apps for Android and iOS that provide news, analysis, streaming quotes and charts, technical data and financial tools about the global financial markets. Each edition covers a broad varie ...
Read More

Other webinars you may like
Free
Jun 1, 12.00 PM (GMT +00:00)
NFP Is Coming. Get ready for the Non-Farm Payrolls
Following the success of our May the 4th be with you, Live NFP webinar, Richard Tataru our Elliott Wave Jedi, will be going LIVE once again to analyze the upcoming Non-Farm Payrolls. Before and during the NFP release Richard will be looking into the FX Majors, Indices, Commodities and Metals to look
Orbex FX
Speaker - Richard Tataru
More info
Free
Duration: 30 Min
Fibonacci Levels: Unlocking Hidden Possibilities
Fibonacci retracement levels have been a go-to technical tool for thousands of traders, giving a false impression that this tool is all too ordinary. But is it? Most commonly, Fibonacci is used to identify support and resistance levels, yet it can do much more! Our NEW special webinar aims to explore
Orbex FX
Speaker - James Harte
More info
Free
Duration: 60 Min
Risk Management: Entries, Stops & Targets
Managing trading risks can be a challenging task unless you plan your investments ahead and embed risk assessments in your trading routine. Sounds good in theory, but does it work in practice? In this FREE webinar, Orbex will take a deep dive into real-life risk management: what an average trader
Orbex
Speaker - James Harte
More info
Other webinars you may like
Free
Duration: 30 Min
Fibonacci Levels: Unlocking Hidden Possibilities
Fibonacci retracement levels have been a go-to technical tool for thousands of traders, giving a false impression that this tool is all too ordinary. But is it? Most commonly, Fibonacci is used to identify support and resistance levels, yet it can do much more! Our NEW special webinar aims to explore
Orbex FX
Speaker - James Harte
More info
Free
Duration: 60 Min
Risk Management: Entries, Stops & Targets
Managing trading risks can be a challenging task unless you plan your investments ahead and embed risk assessments in your trading routine. Sounds good in theory, but does it work in practice? In this FREE webinar, Orbex will take a deep dive into real-life risk management: what an average trader
Orbex
Speaker - James Harte
More info
Free
Duration: 60 Min
Trading Classics: Price Action Trading Strategies
Tired of sophisticated trading strategies that don’t let you spot real market opportunities? We have an easy fix! Orbex Team has prepared a comprehensive webinar on Price Action trading technique that is so popular among professional traders. Price action is the only technique that can
Orbex
Speaker - James Harte
More info
show all webinars
ARE YOU 100% SURE YOU WANT TO YOU WANT TO DISCONNECT ?

yes no
PLEASE TYPE A VALID KEYWORD IN THE SEARCH FIELD