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Exploring the Essential Features of “Wayne Gorman – How to Trade Choppy, Sideways Markets – Elliott Wave International”
Strategies for Managing Combination Corrections
Learn how to spot and act on opportunities during sideways corrections, when the markets are often at their most challenging.
Format: On-Demand Course | 2 hours 34 minutes
Instructor: Wayne Gorman
Level: Intermediate
Learn how to turn a “nightmare” into an opportunity
Senior Tutorial Instructor Wayne Gorman walks you through how to turn a potentially aggravating trading “nightmare” into a trading opportunity. Wayne explains the rules and guidelines for Combinations and then jumps into two real-world trading scenarios: Japanese Yen and Robusta Coffee. This course teaches you how to navigate price action when there’s uncertainty in the marketplace.
Here’s what you’ll learn:
- What are the two different types of combinations
- The subdivisions and shapes of combinations
- How combinations differ from single corrective structures and double and triple zigzags
- How to anticipate when combinations will occur
- What rules and guidelines govern subdivisions of combinations
- What are some of the biggest misconceptions about combinations
- How to set entry, stop, price target, and exit levels when trading combinations
Meet Your Instructor
Wayne Gorman Former Senior Trading Instructor
Wayne Gorman, CEWA-M, is a 40-year veteran risk manager and trader. He started out at Citibank, where he managed trading positions in money markets and derivatives. He traded full-time with his own capital for almost five years before. In 2013, Wayne co-authored the Amazon best-selling book Visual Guide to Elliott Wave Trading, published by Bloomberg Press. Wayne is also the author of multiple EWI trading tutorials.
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