Course Content
Module 1: Elliot Wave Theory and Harmonic Patterns
In this module, you’ll learn advanced price action concepts like Elliott Wave Theory and harmonic trading patterns. Learn the rules for identifying and trading patterns such as the Gartley, Bat, Butterfly, and Crab. You’ll discover how these formations can predict market turning points and help you develop precise entry and exit strategies.
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Heikin Ashi
Elliott Wave Theory
Rules of the Elliott Wave Theory
Harmonic Price Patterns
The ABCD
Three-Drive pattern
The Gartley Pattern
The Crab
The Butterfly Pattern
Trading Harmonic Price Patterns
Module 2: Divergence, Breakouts and Market Environments
Master the art of trading in both trending and ranging markets. This module covers regular and hidden divergences, how to trade breakouts, and how to spot fakeouts before they trap you. You’ll also learn to read market environments, measure breakout strength, and apply these techniques with the support of both technical and fundamental analysis.
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Trading Divergences
Regular Divergence
Hidden Divergence
Market Environment
Trending Market
Range-Bound Market
Trend Retracements or Reversal
How to Identify Reversals
Trade Breakouts
Volume / Volatility
Types of Breakouts
Trade Breakouts Using Trend Lines, Channels and Triangles
Measure the Strength of a Breakout
Detect Fakeouts
Fade the Breakout
Trade Fakeouts
Fundamental Analysis
Interest Rates
Monetary Policy
Hawkish and Dovish Central Banks
Fundamental Factors
Forex News and Market Data
Market Expectations of News and Their Impact
Currency Crosses
Currency Crosses to Trade the Majors
Module 3: Multiple Time Frames and News Trading Strategies
Combine multiple timeframe analysis with sentiment tools to improve your trading accuracy. You’ll learn how to interpret the Commitment of Traders (COT) report, trade around major news releases, and manage risk in volatile market conditions. This module equips you to adapt to changing market sentiment and use news events to your advantage.
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Time Frames In Forex
What Time Frame Should I Trade?
Multiple time frame analysis
Market Sentiment
Commitment of Traders Report
Pick Tops and Bottoms With the COT Report
The Dangers of Trading the News
Trade Forex on News Releases
Trade the News With a Directional Bias
Trade the News Using the Straddle Trade Strategy
Carry Trade
Trade Criteria and Risk
Forex Advanced Course: Master Technical, Fundamental and Breakout Trading

The Butterfly pattern

The Butterfly

Bryce Gilmore created the butterfly pattern; the perfect Butterfly pattern is defined by the .786 retracement of move AB concerning move XA. The Butterfly contains these characteristics: 1. Move AB should be the .786 retracement of move XA. 2. Move BC can be either a .382 or .886 retracement of move AB. 3. If the retracement of move BC is .382 of move AB, then CD should be a 1.618 extension of move BC. Consquently, if move BC is .886 of move AB, CD should extend 2.618 of move BC. 4. CD should be 1.27 or 1.618 extension of move XA.

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