Kick-Start Your Elliott Wave Education and Practical Application

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Kick-Start Your Elliott Wave Education and Practical Application
Take the Next Step to Becoming an Independent Investor

By Bob Stokes
Thu, 02 Aug 2012 12:00:00 ET

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To succeed professionally in the markets, it helps to have that "something extra."

A method that helps you act confidently is your first step in the right direction.

The Intensive One-Day Elliott Wave Workshop, Learn the Wave Principle -- Key to Market Behavior, offers you a method used by tens of thousands of professional traders and investors all over the world.

Are you familiar with the idealized Elliott wave schematic below?

If you do know Elliott wave analysis, you know this represents the classic "five up, three down" pattern.

The motive phase consists of five waves.

Waves 1, 3 and 5 move in the direction of the main trend, while waves 2 and 4 move against it.

The corrective phase consists of three waves.

The A-B-C pattern moves against the direction of the main trend.

When the main trend is bearish, patterns apply in reverse: Five waves unfold downward, and three-wave corrections point upward.

In the simplest terms, this 5-3 pattern – repeated on every time frame in every market – is the omnipresent pattern of progress and regress in market price action. Once you can read this pattern, you can anticipate its movements. Armed with this knowledge and experience, you can position yourself to benefit.

Regardless of your knowledge level, be assured that all the necessary resources for learning are provided with the One-Day Elliott Wave Workshop.

The Intensive One-Day Elliott Wave Workshop is the only Elliott wave training program of its kind in the world officially licensed and approved by Elliott Wave International.

If you're just starting to learn Elliott wave analysis, or if you know the basics but you've been struggling to apply it to your own investment strategy, consider this quote from Robert Prechter's definitive text, Elliott Wave Principle: Key to Market Behavior (page 92):

Any dedicated student can perform expert Elliott wave analysis. Those who neglect to study the subject thoroughly or apply the tools rigorously give up before really trying. The best learning procedure is to keep an hourly chart and try to fit all the wiggles into Elliott wave patterns while keeping an open mind for all the possibilities. Slowly the scales should drop from your eyes, and you will be continually amazed at what you see.

Make no mistake; learning Elliott and applying it successfully are two sides of the same coin. Those who take a dedicated approach to learning the method are the most likely to succeed in its application.

The Elliott Wave Workshop will give you the kick-start you need to push your Elliott wave education to the next level.

It will give you the technical tools necessary to analyze the markets, forecast their direction and position yourself to benefit -- in addition to a unique opportunity to learn from a professional practitioner licensed by Elliott Wave International to teach the method successful Elliotticians use every day.

Learn what the Intensive One-Day Elliott Wave Workshop can do for you. Follow this link now to see upcoming dates.

Tags: Elliott Wave Education, technical analysis, technical indicators, trade targets, Traders, trading lessons

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The Elliott Wave Principle is a detailed description of how financial markets behave. The description reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific Elliott wave patterns in price movements. Each pattern has implications regarding the position of the market within its overall progression, past, present and future. The purpose of Elliott Wave International’s market-oriented publications is to outline the progress of markets in terms of the Wave Principle and to educate interested parties in the successful application of the Wave Principle. While a course of conduct regarding investments can be formulated from such application of the Wave Principle, at no time will Elliott Wave International make specific recommendations for any specific person, and at no time may a reader, caller or viewer be justified in inferring that any such advice is intended. Investing carries risk of losses, and trading futures or options is especially risky because these instruments are highly leveraged, and traders can lose more than their initial margin funds. Information provided by Elliott Wave International is expressed in good faith, but it is not guaranteed. The market service that never makes mistakes does not exist. Long-term success trading or investing in the markets demands recognition of the fact that error and uncertainty are part of any effort to assess future probabilities. Please ask your broker or your advisor to explain all risks to you before making any trading and investing decisions.