Elliot Wave Strategy with Sunpreet

In Sunpreet Singh's Elliot Wave course, students will gain a deep understanding of Elliot Wave theory, a popular technical analysis tool used in trading and investing. Here are the key topics and skills that students can expect to learn in bullet points

Introduction to Elliot Wave Theory:

• Overview of the history and principles of Elliot Wave analysis.
• Understanding the concept of wave patterns in financial markets.

Wave Counting and Structure:

• Identifying and labeling Elliott Wave patterns (impulse waves, corrective waves).
• Recognizing wave degrees and their significance.

Fibonacci Analysis:

• Application of Fibonacci ratios and retracement levels in Elliott Wave analysis.
• How to use Fibonacci tools to identify potential reversal and target levels.

Practical Application:

• Analyzing real-world market charts to apply Elliot Wave theory.
• Recognizing entry and exit points based on wave patterns.

Trading Strategies:

• Developing trading strategies using Elliot Wave principles.
• Risk management and trade planning in Elliot Wave-based trading.

Case Studies and Examples:

• Reviewing historical charts and case studies to reinforce learning.
• Examining successful trades and learning from mistakes.

Advanced Concepts:

• Elliott Wave extensions, triangles, and diagonal patterns.
• Combining Elliot Wave analysis with other technical indicators.

Market Psychology:

• Understanding how crowd psychology influences wave patterns.
• Managing emotions and discipline in Elliot Wave-based trading.

Practical Exercises:

• Hands-on practice in identifying and analyzing Elliot Wave patterns.
• Building confidence through simulated trading scenarios.

Resources and Tools:

• Exploring software and online resources for Elliot Wave analysis.
• Accessing market data and charts for wave analysis.