Learn how to spot and act on the multiple trading opportunities in expanded flats and how to avoid its bull/bear traps that snare most traders.
An expanded flat is a distinctive price pattern that regularly develops in all financial markets. If you know how to identify it and how it unfolds, you can formulate an effective trading strategy to capitalize – regardless of which markets you follow.
In this course, EWI Senior Instructor Wayne Gorman shows you exactly how expanded flats work, how to spot them in your price charts and how to set up your trade plan once you've identified the pattern.
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.