Presenter: Nicola Delic , Forex Analyst, InstaForex

The Topics Of My Presentation Are: Elliott Wave History Impulsive Waves Fibonacci and Elliott Trading With Wave Power

Ralph Nelson Elliott (1871-1948) U.S. Treasury Accountant 1930 – Elliott began study of stock market data Stock market prices trend and reverse in recognizable patterns. Almost 100 Years Proven Result

What Kind Of Market You Like Clean Chart Mass Chart

Impulsive Waves (Motive Waves) Impulsive waves have a Five-wave structure that impels the market Impulsive waves are labeled with numbers from 1 to 5 Waves 1-3-5 are motive (1-2-3-4-5) Waves 2-4 are corrective (A-B-C)

3 Wave Rules Wave 2 cannot retrace to the beginning of Wave 1

3 Wave Rules Wave 4 cannot touch the territory of wave 1

3 Wave Rules Wave 3 is often the longest, but it is never the shortest

Extended Waves

Leading Diagonals Wave 1-3-5 are impulsive waves Wave 2-4 are corrective waves Leading Diagonal Found in wave 1 Wave 4 Enter In Territory of wave 1

Ending Diagonals Ending Waves have 5 corrective waves (A-B-C) Ending Diagonal Indicate Trend Change Ending Diagonal Founded in wave 5 Wave 4 Enter In Territory of the wave 1

Wave 2 Targets First Wave to trade Wave 2 retraces 50 or 61.8% of wave 1 Enter a trade only when you can count 5 sub-waves in the wave 1 Stop Loss should be put few pips above wave 1

Wave 3 Targets Take Profit 1 is at 100% of the 1 wave Most Powerful Wave It Often retraces 161.8% of wave 1 Enter a trade when 3 wave pushes start of the sub-wave B of the wave 2 Stop Loss is at the end of the 2 wave Take Profit 1 is at 100% of the 1 wave Take Profit is 2 at 161.8% retraces of the 1 wave Take Profit 3 is at 261.8% retraces of the 1 wave (TP3 only for extended 3 wave)

Wave 4 Targets Wave 4 retraces 23.6 or 38.2% of wave 2 Wave 4 retraces 100% of wave 2 Enter a trade in the subway C Stop Loss is at the end of the wave 3

Wave 5 Targets Wave 5 Retraces 100% of wave 1 Try to check all possible targets Enter a trade only when you can count 3 corrective waves in wave 4 Stop Loss is at the beginning of wave 1

Site: WWW.INSTAFOREX.COM Email: nicola.delic@analytics.instaforex.com THE END Company Info INSTAFOREX GROUP Site: WWW.INSTAFOREX.COM Email: support@instaforex.com Skype: ifx.support Presenter Info Nicola Delic Email: nicola.delic@analytics.instaforex.com Twitter:@SGCND Skype:ND.IFX