Course Name
The Elliott Wave Principle Demystified and Illustrated Workshop
Description
The Elliott Wave (EW) Principle Demystified and Illustrated Workshop is an intensive course using the EW Principle for market analysis and trading methodology.
The EW Principle is a technical approach that can be applied to all asset classes with emphasis on one of the key components of trading, i.e., rule-based risk management, where stop losses are set objectively.
The workshop includes analysis of Cryptocurrencies, e.g. BTC, ETH and new framework called Behavioral Finance.
Who should attend
This workshop is for brokers, traders, analysts and investors who wish to acquire a market approach that integrates analysis and trading strategies.
After the course, you will:
- Add a new perspective to your understanding of the dynamics of the financial marketplace and consider an alternative to fundamental analysis and other technical approaches;
- Apply the Elliott Wave Principle to trade interest rates, currencies, credits, commodities and equities (asset classes);
- Improve timing of your entry and exit levels through high-probability trade plans;
- Pre-determine reward/risk ratio through projected price targets and pre-defined cut loss levels; and
- Formulate and implement a trading methodology with emphasis on P/L management (rule-based protective stops) and trailing stops.
- Pattern recognition and wave counting
- How to recognize the recurring basic 5-3 Elliott wave structure and its variant in a bullish or bearish market
- Characteristics of impulse waves
- How to identify and count (label) three different impulse waves moving in the direction of the dominant trend
- Quiz charts on impulse waves
- Characteristics of corrective waves
- How to identify and count ten different corrective waves moving against the trend
- Quiz charts on corrective waves
- Guidelines and wave personalities
- How to use wave attributes in recognizing patterns
- Fibonacci ratio analysis
- How to use Fibonacci ratio analysis in projecting price targets for both impulse (multiples) and corrective waves (retracements)
- Trade plans
- High-probability Elliott Wave set-ups with key components of a trading methodology:
- Requisite Trade Pattern
- Entry Point
- Exit Level
- Cut Loss
- Trailing “Stops”
Mr. Roy B. Lacsamana
is a global facilitative trainer for the Money & Capital Markets, Foreign Exchange, Essentials of Financial Derivatives, Enterprise Risk Management, Global Trade & Finance, Elliott Wave Analysis, Counterparty Credit Risk, Credit Valuation Adjustment and Market Value at Risk, Applied Quantitative Finance courses, for Central Banks, SEC, universal banks, financial institutions, multinational corporations, local conglomerates, business schools, professional associations, shared services, private individuals conducted in key Asian, Middle Eastern and European financial centers.
He certifies Money Market and Foreign Exchange traders thru the BAP-Institute of Banking Treasury Certification Program, facilitates the Ateneo-BAP Institute of Banking Treasury Operations Certificate Program, designs and develops e-learning courses.
Mr. Lacsamana is also the author of the BAP FX Accounting Manual, Corporate Risk
Management Manual, Debt and Fund Management Policy Manuals, The PH Code of Conduct and Market Practices (The PH Model Code) for Treasury Activities, and The Global Finance Professional Training Program. He is also co-author of the BAP Financial Market Risk Reference Manual.
Mr.Lacsamana is fascinated and has fun with Fibonacci, the Fingerprint of God.