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Welcome, traders, to [Simple Scalping! If you're looking for a straightforward approach to navigating the trading markets through scalping, you've come to the right place. Our channel is dedicated to providing you with easy-to-understand strategies and techniques for successful scalping, whether you're a beginner or an experienced trader.
Join us as we simplify the complexities of scalping trading, offering step-by-step guidance, practical tips, and real-world examples to help you make informed trading decisions. From identifying entry and exit points to managing risk and maximizing profits, we've got you covered on your scalping journey.
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Introduction (How I use Elliott Wave): 00:09
4 Corrective Patterns I Follow: 02:48
Single ZigZag Pattern: 03:51
Double ZigZag Pattern: 11:49
Triangle Patterns: 16:18
Expanded Flat Patterns: 23:14
Conclusion: 27:32
Elliott Wave Theory SIMPLIFIED: How to trade corrective patterns
In this week's video, we're going to explore my personal Elliott Wave techniques, including a simplified way of applying the Elliott Wave Principle "loosely" and in combination with Market Geometry.
NOTE: This is my personal take on Elliott Wave, and how I use it in my daily trading analysis. There are a lot of different ways to utilize EWT, this just happens to be how I've had the most success.
First, we'll start by examining the top 4 corrective patterns I follow -- then I'll show you how I apply other tools over these corrections as part of my larger EPS strategy.
(Remember, the primary goal of my strategy is identifying the ends of corrections and entering low-risk trades when the trend resumes. Hit the links below to learn more about my trading system.)
Is this Elliott Wave tutorial market specific?
Short answer: NO!
You can apply this type of Elliott Wave to your analysis in ANY freely traded market, so it doesn't matter if you're trading Forex or sticking with stocks or commodities.
Oh, and last but not least...
I'll show you how to avoid some of the headaches that come with counting Elliott Waves, including plenty of charts and examples along the way.
Check the links below for more Market Geometry tutorials, plus info on my EPS course and Trade Forecast signals:
====== Other Top Videos on Our Channel ======
Elliott Wave Corrective Patterns: [ Ссылка ]
Andrews Pitchfork Basics: [ Ссылка ]
Market Geometry on Multiple Time Frames: [ Ссылка ]
More on Corrective Pattern Trading: [ Ссылка ]
Symmetrical Triangle Patterns: [ Ссылка ]
====== Free Downloads from Price Action & Income ======
Grab my free eBook, "Precision Pitchfork Trading"
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====== Get Training from Price Action & Income ======
Join my new Reversal Patterns & Entry Points class:
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Get the complete course and guide to my Market Geometry strategy, the Exponential Profits System:
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====== Steal My Trades: Trading Signals ======
Get my Trade Forecast signals and copy my trade setups each week:
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