HOW TRADER’S CLASSROOM WORKS
Unlike traditional courses, Trader’s Classroom never stops teaching.
Three times each week, one of our instructors records a concise lesson built around actual market conditions and real trading opportunities.
Lessons can include:
- Elliott wave basics
- How professionals build wave counts
- Where high-confidence opportunities emerge
- When to enter—and when to stand aside
- How to define and manage risk
- The rules and guidelines that keep traders disciplined
- And more…
The result is ongoing education that evolves alongside the markets themselves.
What Do I Get With A Subscription?
3 New Video Lessons Every Week
Short, practical lessons built around current market conditions.
Monthly Live Webinars
Ask questions, interact with instructors and deepen your understanding.
Searchable Lesson Archive
Our “Popular Tags” feature makes it easy to explore past lessons by pattern, guideline, analyst and more—whether you need a refresher or want to deepen your understanding of a specific topic.
Ask Questions To Our Analysts. Learn Together.
While we can’t answer every submission, our analysts strive to address questions from subscribers that help the entire Trader’s Classroom community apply Elliott wave principles more effectively in real-world trading.
Exclusive Premium Educational Resources
Including visual guides, workshops and specialized digital training materials.
“Subs Extras“
“Subscriber Extras” vary depending on your subscription and update regularly. They can include: premium ebooks, reports, videos and free or discounted trials of our other services that you may find valuable.
Other Free Educational Materials & Resources
Every subscription includes complimentary access to valuable educational resources like those shown below, including the definitive ebook, Elliott Wave Principle: Key to Market Behavior by A.J. Frost and Robert Prechter.
Meet Your 6 Expert Trader’s Classroom Instructors
Learn from traders and analysts with almost 150 years’ worth of direct market experience of applying Elliott wave analysis. Here they are:
Robert Kelly Senior U.S. Equity Analyst
Robert Kelley, CEWA, joined EWI in 1990 and edited The Elliott Wave Short Term Update, the Currency and Commodity Hotline and the currency section of The Elliott Wave Currency and Commodity Forecast newsletter. After many years of passionately studying and trading options, he has assembled and taught a multi-part options trading course for EWI. He now produces video lessons for EWI’s popular Trader’s Classroom, and also provides intraday analysis for U.S. stock indexes in EWI’s Pro Services.
Jim Martens Chief Commodity Analyst
A 35-year market veteran, Jim Martens has taught Elliott waves at dozens of trading seminars around the world and has always enjoyed interacting with subscribers. Jim began his study of R.N. Elliott’s Wave Principle in the mid-1980s, which led to a position with Sabin Commodities at the Commodity Exchange Center in New York. He joined EWI in 1993 and soon became the editor EWI’s Currency Outlook of our Currency & Commodities Forecast. In 2000, Jim accepted an invitation to join Nexus Capital Ltd. as their Chief Technical Analyst. He returned to EWI in 2004 to lead our FX and cryptocurrency teams. Jim now runs our Commodities Pro Service and Commodity Junctures and is a Trader’s Classroom Instructor.
Tony Carrion Senior Crypto Analyst
Tony Carrion is a longtime Elliott wave specialist, investor and trader who jumped feet first into the dynamic world of Cryptocurrencies and has hardly come up for air. Prior to joining EWI, in 2000 Tony formed an independent online research service, and from 2008-2014 he worked as an analyst and trader for a New York-based hedge fund. Tony now covers more than 20 cryptocurrency and forex markets in EWI’s Pro Services and contributes video lessons for the newly launched Crypto Trader’s Classroom.
Michael Madden Senior Currency Analyst
Michael Madden, CMT, CFTe, CEWA, is founder of ElliottWaveIreland and the co-head of the Market Technicians Association (Irish Chapter). He joined EWI’s Pro Services team in 2014, initially covering interest rates; he now provides forecasts and analysis for more than 20 currency and cryptocurrency markets in EWI’s Currency Pro Service and is a regular contributor to the monthly Global Market Perspective.
Jason Soni Currency & Crypto Analyst
Jason Soni, CEWA, began his journey with financial markets in 1999 as a private investor. He became a proponent of technical analysis in 2005 and quickly adopted the Wave Principle in 2006. Prior to joining EWI in 2020, Jason spent 10 years guiding subscribers with daily wave analysis covering markets such as stocks, forex and commodities. Today, Jason provides commentary for more than 20 currency and cryptocurrency markets in EWI’s Pro Services, and is a regular contributor to Crypto Trader’s Classroom.
Favio Poci Currency & Crypto Analyst
Favio Poci, CEWA, got his start in financial markets in 2014 as an intern in the currency reserve department at the Central Bank of Albania. He was later trained as an Institutional trader with the SMB Capital futures desk before becoming a Senior Retention Agent with a Swiss FX brokerage where he provided daily coverage on the G10 FX cross rates. He went on to found and manage a website focused on teaching the practical application of the Wave Principle. Favio is now the primary Currency Cross Rates analyst for EWI’s Pro Services.
Not Just Learn—Spot Opportunities (See Real Lesson Examples)
Many of our lessons focus on current market action and real setups as they unfold. That means you’ll not only learn the Wave Principle in practice, but also see how experienced analysts identify potential opportunities in real time.
Here are a few examples:
Cotton Futures
On February 19, 2026, our Chief Commodities Analyst and Trader’s Classroom instructor, Jim Martens, walked his subscribers through a developing setup in cotton that suggested the decline could be ending.
The key pattern: an ending diagonal — an Elliott wave structure that often appears near major turning points.
Jim explained that cotton’s low was likely already in place and that corrective pullbacks could offer additional opportunities before a larger rally unfolded.
Watch the Webinar/Lesson Excerpt Below:
What happened next?
An explosive rally unfolded.
At the time of the webinar, Cotton Futures was trading near 63.64. Over the following months, cotton rallied to nearly 90 — a move of roughly +40%.
Nvidia Corp (NVDA), Semiconductor ETF (SMH), Broadcom(AVGO)
On April 6, while many investors were wondering if the AI stock rally had run its course, subscribers to Trader’s Classroom saw veteran Elliott wave instructor Tony Carrion examine the same question…
Looking at the wave structure in the Semiconductor ETF (SMH), Nvidia and Broadcom, Tony argued the declines appeared corrective — more consistent with fourth-wave behavior than the start of a major bear market. His conclusion: higher highs were still likely ahead.
Here are the charts he presented and what he said:
Semiconductor ETF (SMH):
“The question right now is whether or not all the five waves are in place for us to consider this bull market has peaked. So, to me it hasn’t... That the correction that we’ve been getting over the past few months is what looks to me to be fourth-wave price action.“
Nvidia (NVDA):
“On the basis of the wave patterns that have unfolded since the all-time high, it suggests that probably the highs have not been made, that this would be more consistent with the idea of a fourth-wave retracement.
… the Wave Principle is suggesting that probably the bull market in NVDA is not finished.”
Broadcom (AVGO):
“This also suggests a fourth-wave correction… what tells us that? This is the price action coming down from the all-time high. There are no five-wave patterns in here.”
At the end of his lesson, he said this to subscribers:
“To sum up quickly, I think the wave patterns are saying there should probably be one more run to chase the all-time high.”
What Happened Next?
By April 28th, just a few weeks later, they all went to hit new all-time highs…
SMH rallied roughly+30%
NVIDIA rallied roughly+23%
Broadcom rallied roughly+38%
Robinhood (HOOD)
In a May 5, 2025 Trader’s Classroom lesson, instructor Favio Poci walked subscribers through a detailed wave-counting exercise on HOOD using the weekly log chart shown below. Applying Elliott wave guidelines and channeling techniques, he showed this chart highlighted the probability that the stock was preparing for another strong advance:
Analysis/Forecast:
“Chances are high that we’re gonna see another advance in wave five of three over the next weeks or months… It looks quite bullish.”
What Happened Next?:
In the weeks and months that followed, HOOD did exactly that. The move eventually carried the stock to an intraday high of $153.86 on October 6, 2025.
A gain of roughly +227% from the $46.99 price when subscribers first saw the lesson.
Solana (SOL)
In a June 2025 Trader’s Classroom lesson, instructor Jason Soni walked subscribers through his wave count for Solana (SOL) and explained where he thought prices could go based on rules and guidelines of the Wave Principle. He showed this chart and said:
Analysis/Forecast:
“I’m looking for a move potentially towards $100… at least a test of the wave ((iv)) extreme near $110.”
What Happened Next?
Over the following months, SOL declined, easily reaching that $110 region and eventually bottoming at $95.26, a drop of roughly 59% from where it traded when subscribers first saw the lesson, before staging a corrective rally.
See Why Subscribers Love Trader’s Classroom
“The thing I love about Trader’s Classroom is that each video lesson is very focused. The lessons are often built around timely charts that help connect the lessons with real unfolding markets.”
“That Michael Madden is a charismatic teacher inspiring my own trading practice. Robert Kelley is a fountain of wisdom. Favio Poci lays out strategies in an easy to understand manner. Jim Martens’ dedication and deep thinking about the wave principle makes wave counting approachable and digestible. And, Jason Soni drops practical gems of knowledge. Their teaching has been excellent, insightful, practical, and entertaining.”
“With your teachings in the past year, we had a very profitable trading year!!!! Thank you!!”
“This Trader’s Classroom has been by far the most helpful learning material I have ever had in my trader’s journey. Thank you.”
Other Frequently Asked Questions
What happens after I subscribe?
You get instant access to the Trader’s Classroom MyEWI portal, so you can begin learning immediately. You’ll also be notified whenever a new video lesson, monthly webinar, or educational resource becomes available.
How is Delivered?
All lessons and resources are delivered online through your MyEWI Subscriber Portal. Simply sign in from your computer, phone, or tablet to access your content anytime.
Is Trader’s Classroom a trading alert service?
No. Trader’s Classroom is an educational service designed to help you develop the skills and confidence to analyze markets independently.
How often do I receive lessons?
Three new lessons are delivered every week. Be sure to keep an eye on your inbox so you never miss an update.
What markets are covered?
Lessons cover stocks, commodities, currencies, futures, options, and other global markets.
Are lessons beginner friendly?
Yes. Beginners can build a strong foundation in Elliott wave analysis, while experienced traders gain practical techniques and deeper market insights.
Can I watch older lessons?
Yes. Subscribers receive access to an extensive archive of past lessons. Simply use the “Popular Tags” feature in your portal to explore topics and lessons that interest you.
Do I get interaction with instructors?
Yes. Subscribers can submit questions at any time using the “Leave a Voicemail” feature in their MyEWI portal. They can also participate in monthly live webinars and ask questions directly to the instructors. While we do our best to address as many questions as possible, we cannot guarantee that every question will be answered.
GET STARTED WITH TRADER’S CLASSROOM
Choose The Learning Path That’s Right For You
Monthly Membership
Real-market lessons from six expert instructors.
- 12 new lessons every month
- Monthly webinar access
- Searchable lesson archive
$97/month
Best Value Annual Starter Package
Get an annual membership to Trader’s Classroom now and also receive 37+ hours of our premium on-demand education at no additional cost. They include:
- Essential Elliott Wave Video Series ($311 Value)
- Where to Start Your Wave Count Lesson ($99 Value)
- How to Trade Triangles eCourse ($79 Value)
- How to Trade Zigzags eCourse ($79 Value)
- How to Trade Expanded Flats eCourse ($79 Value)
- Robert Kelley’s Favorite Trade Setups ($99 Value)
- Identify Turning Points Using Fibonacci ($129 Value)
- And more
This special package gives you: 144 new lessons, 12 live monthly webinars, searchable lesson archive, and $1,650 of FREE premium on-demand education.
$2,814 $1,164
You save 58%!
If you’re serious about learning and applying the Wave Principle, this package is for you!
OR: Start With A Specialized Learning Bundle
Beginner Bundle
The perfect starting point for new
Elliott wave students.
Includes:
- 3 Months of Trader’s Classroom ($291 Value)
- Essential Elliott Wave Video Series ($311 Value)
- The Basics of the Wave Principle eCourse ($79 Value)
- Where to Start Your Wave Count Lesson ($99 Value)
- How to Use Elliott’s Rules and Guidelines to Label Charts Correctly Lesson ($99 Value)
$879 $499
You Save 43%
Intermediate Bundle
For those who already have a good understanding of the
basics of the Wave Principle.
Includes:
- 3 Months of Trader’s Classroom ($291 Value)
- Elliott Wave Labeling Workshop eCourse ($129 Value)
- How to Use the Wave Principle’s Rules and Guidelines in Real Time Lesson ($99 Value)
- How to Trade the Bull and Bear Opportunities in Expanded Flats eCourse ($79 Value)
- How to Trade Triangles and the Thrust That Follows eCourse ($79 Value)
- How to Trade When the Market Zigzags eCourse ($79 Value)
756 $449
You Save 40%!
Advanced Bundle
For those with an advanced level of understanding of the
Wave Principle and trading.
Includes:
- 3 Months of Trader’s Classroom ($291 Value)
- Robert Kelley’s 3 Favorite Trade Setups Lesson ($99 Value)
- How You Can Identify Turning Points Using Fibonacci eCourse ($129 Value)
- 3 Technical Indicators to Help You Ride the Elliott Wave Trend Lesson ($49 Value)
- How to Use the Wave Principle to Boost Your Forex Trading Lesson ($79 Value)
- Trading The Elliott Waves – Winning Strategies For Timing Entry & Exit Moves Presentation ($71 Value)
- Implication of the Wave Principle for Technical Analysis Presentation ($71 Value)
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