How You Can Identify Turning Points Using Fibonacci

Learn how to formulate and execute your own trading strategy by combining Fibonacci relationships with wave analysis.

  • Level: Beginner
  • Format: On-Demand Course – 4 hours 16 minutes | eBook – 90 pages
  • Your Instructor: Wayne Gorman

Add confidence to your trading plan with Fibonacci relationships and ratios

In this intensive course, Senior Tutorial Instructor Wayne Gorman teaches you how to apply Fibonacci relationships to your own trading. Wayne walks you through a host of charts and real-world exercises to show you exactly how to apply Fibonacci relationships alongside the Wave Principle and as a stand-alone technical tool.

Here’s what you’ll learn:

  • How the Golden Ratio can help you see trading opportunities
  • What the most important Fibonacci relationships are
  • How Fibonacci ratios and numbers relate to the overall wave structure
  • How Fibonacci relationships can help add confidence to your wave count
  • How to project valuable time and price targets using Fibonacci dividers
  • How to use Fibonacci time periods to anticipate trend reversals
  • Which Fibonacci price retracements to expect in corrective waves
  • How to establish Fibonacci clusters and leverage them in your trading decisions
  • How to formulate your own low-risk entry strategy
  • How to project moves so you can evaluate risk-reward and exit strategies
  • Techniques to help you set and properly manage risk-limiting stops
  • How to put it all together and generate your own high-confidence trading strategy

Bonus: Order now and get Basics of the Wave Principle FREE ($79 value)

This 90-minute online video covers all the basics of the Elliott Wave Principle — from its rules and guidelines, to wave personalities, to wave structures, to Fibonacci relationships. By the time you’re done, you’ll know how to spot the basic formations in price data and what to expect next.

Meet Your Instructor

Wayne GormanFormer Senior Trading Instructor

Wayne Gorman, CEWA-M, is 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 almost five years before. 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.

On-Demand Course

4 hours 16 minutes | Beginner