Description
Wayne Gorman – How to Trade When the Market ZIGZAGS
How to Trade When the Market ZIGZAGS
Instructor — Wayne Gorman
Level — Intermediate
Running Time — 2 hours, 20 minutes
Description — This trading course shows you how to trade one of the most frequently seen Elliott wave patterns, walking you step-by-step through identifying the pattern and establishing entry, stop, target and exit levels.
Here’s what you learn:
How zigzags differ from other corrective structures and motive waves
How zigzags are structured in terms subdivisions and shape
What are the three different types of zigzags
How zigzags can “function” as actionary as well as reactionary waves
When zigzags are most likely to occur, always occur, and never occur
What rules and guidelines govern subdivisions of zigzags
How to use Fibonacci ratios to estimate subwaves of zigzags
How to use Elliott’s guideline of depth to trade zigzags
How to use channeling to pinpoint when the zigzag will end
How to set entry, stop, price target, and exit levels when trading zigzags
What to expect when a zigzag ends
Wayne Gorman, CEWA-M Senior Tutorial Instructor
Wayne Gorman is head of EWI’s Educational Resources. With more than 30 years of experience as a risk manager and trader, he began his career at Citibank where he managed trading positions in money markets and derivatives. He traded full time with his own capital for more than four years before joining Elliott Wave International.
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