Combining Elliott Wave with VantagePoint · the Wave Principle? Answer: “The primary value of the Wave Principle is that it provides a context for market analysis.” —Elliott

Copyright © 2016 Market Technologies, LLC. 1

Combining Elliott Wave with VantagePoint

COURSE 4


Jeffrey W. KennedyMSTA, CFTe, CMT, CEWA

Chief Commodities Analyst and editor of Trader’s Classroom and Commodity Junctures at Elliott Wave International


The Importance of TrendTools to Identify trend








Pattern AnalysisA SIMPLE INTRODUCTION TO THE WAVE PRINCIPLE


The Five Basic Elliott Wave Patterns

IMPULSE

1

2

3

4

5DIAGONAL

1

2

3

4

5ZIGZAG

A

B

C

FLAT A

B

C TRIANGLE A

B

C

D

E


Motive WavesIMPULSE WAVE AND DIAGONAL




Corrective WavesZIGZAG, FLAT & TRIANGLE





It Really Is Simple…and it DOES work!


Crude OilCL














Trading ApplicationHow the Wave Principle improves trading


Why do people have difficulty trading the Wave Principle?Answer: “The primary value of the Wave Principle is that it provides a context for market analysis.”

—Elliott Wave Principle, pg. 19

The Wave Principle, as it stands, is not a trading methodology.



How the Wave Principle improves trading:

1. Wave analysis identifies the trend.

2. Identifies countertrend moves within the trend.

3. Signals the resumption of the trend.

4. Determines the maturity of the trend.

5. Offers high-confidence price targets.

6. Provides specific points of ruin.


Guidelines for using the Wave Principle as a trading methodology:• Elliott wave trading opportunities

• Elliott wave trade setups

• Elliott wave entry points and protective stop placement guidelines


Las Vegas Sands Corp.LVS







Momentum AnalysisKNOWING WHAT TO LOOK FOR WHEN COMBINING TECHNICAL INDICATORS WITH TREND AND PATTERN ANALYSIS










Apple Inc.AAPL





Baidu, IncBIDU










Candlestick AnalysisHOW JAPANESE CANDLESTICKS AID YOU IN IDENTIFYING HIGH -CONFIDENCE TRADE SETUPS















Applying VantagePoint…APPLYING VANTAGEPOINT AND WHAT TO EXPECT IN COMMODITIES IN 2016





Wynn Resorts, LimitedWYNN







Combining Elliott Wave with VantagePoint · the Wave Principle? Answer: “The primary value of the Wave Principle is that it provides a context for market analysis.” —Elliott

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