Wave Foundations – What’s Covered

Welcome to Wave Foundations!  This beginner’s hub is designed to help you understand, identify, and apply Elliott Wave theory in your trading. Each topic below links to an in-depth article with multiple sections use the anchors within each article to jump directly to the concepts most relevant to your learning style. You can explore sequentially, or skip to what interests you most. All content is organized to work with or without anchor links, so feel free to browse at your own pace.

Core Modules

  • Introduction to Elliott Wave Theory: The complete foundation covering and why it works as a trading framework. Explore the psychology driving market behavior through crowd psychology principles, then master the mechanics: how to identify waves on charts, the three golden rules that never break, and wave characteristics that signal each phase. Learn the common mistakes traders make so you avoid them from day one.
  • Waves and Structures: Master Elliott Wave fundamentals by understanding how price moves in two distinct patterns- motive waves (five-wave impulses that drive price direction) and corrective waves (three-wave pullbacks against the trend). Learn the key differences in structure, timing, and psychology between these patterns, discover how they combine to form the 5-3 foundation that repeats across all timeframes, and see real trading examples showing how professionals use these patterns for entries, exits, and risk management. Finally, explore common counting mistakes so you avoid the pitfalls that trip up new traders.
  • Wave Degrees & Labelling: Master how to identify and apply the correct degree (minuette, minute, minor, and beyond) to every wave on your charts. Learn what wave degrees are, why consistent labelling matters for trading, the essential labelling rules that keep your analysis sound, common mistakes that destroy wave counts, and how to apply a top-down multi-timeframe workflow for professional-grade accuracy.

    Coming Soon

    • Rules & Guidelines: The fundamental rules (like wave 2 never retracing more than 100% of wave 1, wave 3 never being the shortest), and guidelines used by all successful wave theorists.
    • Recognizing Motive Waves: How to spot and count five-wave impulses essential for timing opportunities.
    • Corrective Patterns: ABC corrections, flats, zigzags, triangles, and common traps.
    • Practical Analysis: Hands-on chart reviews and simple trade setups using real market examples.

    Bonus Content

    • Fibonacci & Elliott Waves: Applying retracements/projections within wave structure.
    • Common Mistakes & Pitfalls: What derails new analysts, and how to build honest habits.
    • Interactive Exercises: Visuals, quizzes, and chart markups so you learn by doing.

    error: Content is protected !!