The Basics of the Wave Principle

This course is one of the best ways to kick off your Elliott wave education, or to refresh your knowledge of the basics.

  • Format: On-Demand Course | 1 hour 30 minutes
  • Instructor: Wayne Gorman
  • Level: Beginner

Or, get this course free with any other On-Demand Course purchase. See the selection of other available courses.

Learn the rules and guidelines that make Elliott Wave such a powerful tool

In this course, Senior Tutorial Instructor Wayne Gorman walks you carefully through the rules and guidelines, wave structures and personalities, Fibonacci relationships and more. Wayne's easy-to-follow instruction makes this course an ideal starting point if you're learning Elliott for the first time or need a refresher on the basic tenets.

Here's what you'll learn:

  • How the Wave Principle can be used to predict market direction and turning points
  • Characteristics of motive and corrective waves
  • How to count waves correctly and avoid common counting mistakes
  • The three rules of the Wave Principle and how to apply them
  • Wave guidelines that help you anticipate wave distance, form and termination points
  • Wave personalities -- the connection between wave position and mass psychology
  • Fibonacci relationships and how to use them to anticipate price movement
  • Fibonacci multiples, retracements and time relationships


Meet Your Instructor


Wayne Gorman

Wayne Gorman Senior Tutorial Instructor

Wayne Gorman, CEWA-M, is head of EWI's Educational Resources. A 40-year veteran risk manager and trader, he started out at Citibank, where he managed trading positions in money markets and derivatives. He traded full-time with his own capital for over four years before joining EWI. In 2013, Wayne co-authored the Amazon best-selling book Visual Guide to Elliott Wave Trading, published by Bloomberg Press. Wayne is also the author of multiple EWI trading tutorials and a host of live training events for traders.

ANALYST SPOTLIGHT

Start Your Course Now:


On-Demand Course

1 hour | Beginner

Price: $79


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