Introduction to Elliott Waves

Meet Your Instructor - Ashish Kyal

What are Elliott Waves?

What is Fractal Nature?

Fibonacci Sequence and Golden Ratio

Impulse and Corrective Waves

What is the degree of a wave?

Understanding Impulse Waves

Rules of Impulse Waves

Extensions & Truncations

Diagonals, Alternation & Channeling

Understanding Corrective Waves

Patterns in Corrective Waves - I

Patterns in Corrective Waves - II

Trading Strategies using Elliott Waves

Ashish Kyal is the founder of Waves Strategy Advisors, a research house for brokerages, hedge funds, and HNIs. With a background of Lehman Brothers and Nomura, Ashish is a CMT, and has also authored a book on trading. Having 20+ years of market experience, he is a frequent speaker on business channels and mentors traders in the Elliott Wave Theory.

Welcome to the Trading With Elliott Wave Theory course on Upsurge.club, your complete guide to understanding and trading with Elliott Waves. In this course, instructor Ashish Kyal, an engineer, MBA, and CMT with market experience of 20+ years, will teach you the A-Z of the Elliott Wave Theory and its uses in trading. This course will not only make your Elliott Wave concepts clear by deconstructing the waves and explaining them in detail, but will also empower you with several profitable intraday, positional, and long term strategies using the wave theory. Whether you want to improve your market forecasting accuracy with Elliott Waves or are looking to add a new trading strategy to your toolkit, this course is for you. Join us and start learning the Elliott Wave Theory today. The purpose of Lesson 1, Introduction to Elliott Waves is to help you build a solid foundation in the concepts of the Elliott Wave theory. We start with an introduction of the instructor, Mr. Ashish Kyal, who has more than 20 years of market experience, and an overview of the course content. Forming the first building block of this course, you will learn what the Elliott Waves are, their origin, their rules, and their power in forecasting moves in the market in different time frames. We then move to the concept of fractal nature and its interpretation in trading. You will also learn about the Fibonacci sequence and its applications in the Elliott Wave theory. The lesson concludes with a brief introduction to impulse and corrective waves, and an explanation of the different degrees of a wave. Lesson 2, Understanding Impulse Waves delves into the first part of Elliott Waves - impulse waves. This lesson will deconstruct the complex pattern of an impulse wave, its rules, and its variations. Once you understand how an impulse wave is constructed and interpreted, you can move on to the concepts of extensions and truncations, and their subdivisions, which will increase your market forecasting accuracy. Finally, this lesson will teach you some advanced patterns like diagonals, alternation, and channels. The knowledge of their structure and rules will help you improve your forecasting ability significantly. Going from the basics to advanced concepts of impulse waves, this lesson is packed with practical examples, useful insights, and charts deconstructed by the instructor for your better understanding. Lesson 3, Understanding Corrective Waves is about the second part of Elliott Waves - corrective waves. Simpler to understand after you have learned about impulse waves, this lesson dives into the four corrective wave patterns - zigzag, flat, triangle, and diametric pattern. The structure and rules of the patterns will be explained, which will be followed by a guide on how to trade using those patterns. Next, we move on to complex corrective patterns, which would be a combination of the patterns you would have learned in the previous topics. All the patterns will be illustrated and supported by practical examples from various charts. This lesson will fully prepare you for learning several strategies using Elliott Waves. Lesson 4, Trading Strategies Using Elliott Waves culminates this course. Once you have watched the previous lessons and built an in-depth understanding of Elliott Waves, this lesson will teach you how to apply the Elliott Waves theory to stock charts in a practical way. Guided by real-life examples, this lesson will help you determine the right entry and exit points for your intraday, positional, and long term trades, as well as teach you the right method of setting relevant stop losses for your trades. The instructor will comment on charts of various indices, sectors, and stocks, which will aid your understanding further. Finally, the instructor throws light on the importance of practice in mastering trading using the Elliott Wave theory. Note that you would get most of the tools/features used in the course on the freely available version of TradingView. Course highlights: - Build a strong foundation in the Eliiott Wave theory - Identify &amp; deconstruct different types of impulse and corrective waves - Plot a variety of patterns using Elliott Waves - Learn to use Elliott Waves for intraday, positional, and long term trading strategies Who is this course for: - Beginners who want to learn to trade using the Elliott Wave theory - Traders who want to incorporate the Elliott Waves theory to enhance trading skills and trading strategies - Traders looking to add an Elliott Wave trading strategy to their existing toolkit of trading strategies - Anyone who wants to identify potential movements in the stock market using the Elliott Wave theory

Trading With Elliott Wave Theory