THE ELLIOTT WAVE TRADING MAP Wave 1 Trade Map At the end of wave (i) : Open position = 1 lot Closed positions = 2 lots P1: Profit-taking. Keep 1 lot and sell 2 lots. B1: Buy 3 lots at 50%-61.8% retracement of sub-wave (i). ‘$1: Stop and reverse. Sell 5 lots if sub-wave (ii) falls below Point 0.THE ELLIOTT WAVE TRADING MAP Wave 2 & 3 Trade Point T ‘S3b: Revised stop-loss. Sell 10 lots if sub-wave (iv) trades below the top af sub-wave (i). $3a; New stop-loss, Sell 10 lots if price trades below wave B2: Buy 5 lots at bottom of wave (i)(60%-61.8% retracement of wave be S2: Stop and reverse. Sell 10 lots if wave (ii) falls below the start of wave long 6, sell 10, net short 4 lots).THE ELLIOTT WAVE TRADING MAP o STRADINGEOST Wave d &5 Sdc: Revised stop-loss. Sell all lots if sub-wave (iv) trades below the top of sub-wave (i). ‘S4b: Revised stop-loss. Sell all lots if wave (ii) Ba: + Buy 2 lots at 38.2%-50% retracement of wave if it is <1.618 times the length of wave goes below the start of wave (i). + Do nothing if wave (iii) is >1.618 times wave (i) Sda: Stop and reverse. + Now long 3 or 5 lots ‘+ Sell 5 or 8 lots if price trades below the top of wave + We will be net short 2 or 3 lots.THE ELLIOTT WAVE TRADING MAP ABC Correction B2: Revised stop-loss. Buy 3 lots if wave (b corrects more than 61.8% of wave (a). P1: Profit-taking. Buy back 3 lots at end of wave (a) If move down is only 3 waves, buy back when sub-wave (iv) goes above bottom of sub-wave (/). ‘S1: Sell 3 lots at 50%-61.8% retracement of sub-wave: B1: Stop and reverse. Buy 5 lots if wave (ii) goes beyond point T. P2: Profit-taking. Buy back 3 lots on 5-wave move of wave (). At the end of corrective wave: No open positions Closed positions = 3 lots.