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Elliott Wave Trading

A nuts-and-bolts professional approach


Exercises in REAL TIME CASES

4
Advanced Level
---------------------------------------

Dr Mircea Dologa
------------------------------------------------------------------------
Elliott Wave Trading
A Nuts-and-Bolts Professional Approach
Exercises in REAL TIME CASES
Advanced Level
Volume 4
------------------------------------------------------------------------
Copyright 2018 by Dr Mircea Dologa

Date of Publishing – January 10th, 2018


Printed in France
Copyrights Notice
ALL RIGHTS RESERVED: No part of this material may be reproduced without
written permission from the publisher and the author. No part of this book may be
reproduced, stored in a retrieval system, or transmitted in any form or by any means,
photocopying, electronic, mechanical, or otherwise, without the prior permission of the
publisher and the author.
Library of Congress Cataloguing-in-Publication
Protected by United States Copyright Law
Certificate of Registration issued under the seal of Copyright Office in accordance
with title 17, United States Code.

ISBN (13) 978-2-9562104-2-9


EAN 9782956210429
www.pitchforktrader.com
Paris – FRANCE
Why this Elliott Wave Trading Book?
Common sense incites us to acquire a consistent technique that will give you confidence
and help you to obtain consistent profits. For the experienced traders the merits of
Elliott wave technique are obvious. Most of them increased their profitability by more
than 40% since using the Elliott waves. But increasing profitability is a question of
method, not only on assimilating this technique, but also on practicing it. Compared to
the existing Elliott wave books, we tried to reach two objectives:
o First, the presentation of applying the epistemology science in the process of faster
assimilation of basics and of advanced material of Elliott waves. This method of
building knowledge blocks, sort of modules, is used in all our four Elliott wave books
in such a way that each module can be easily assimilated individually. Then, we will
consider them globally and then intricate them, for an immediate memory retention
and applicability. During the last century, along the decades, epistemology proved to
accomplish excellent results. There is more about this subject farther, in Introduction
Section.
o Second, the sharing of our “know-how” of the practice of Elliott waves. We call it “the
nuts-and-bolts professional approach”.
Knowing that there is always a problem of finding the correct Elliott wave labelling,
we have worked out a new approach towards a high probability outcome.
We have also emphasized the dynamic aspects of the wave movements based on
kinetic energy source building-up of the waves. This becomes highly beneficial to the
trader, knowing that an established highly probable scenario could be invalidated by
the market, in a blink of an eye. The transition phase from a highly probable
scenario to the initially less probable one is here underlined with their invalidation
and validation parameters. Once again, the trader’s flexibility based on sound
criteria, takes here all its importance.
We consider that it is inconceivable to practice successfully Elliott waves without the
top-down approach using the multiple time frames. Taking a trading decision using
just a small portion of a single time frame chart is an archaic way of trading. We
have plainly emphasized this aspect of Elliott wave trading.
Furthermore, we invite you to examine the Contents of our books for an extensive
perusal of our work.
The essence of becoming a consistent trader is to understand the overall context of the
market, and specialize in one of the techniques that are working for various markets in
any of the two possible states: trending or non-trending! This being said, the Elliott waves
can best fulfil these conditions.
By writing these series of four Elliott wave books, our objective was to take the trader
from the starting blocks to the high territories of the green grass plateaus…!

Conclusion
After several decades of practice and teaching, we have decided to share our research and
experience with the trading community colleagues. We firmly believe that the intelligent Elliott Wave
Practice is one of the most reliable and consistent techniques for the astute trader. It harmoniously
respects and obeys the four principles enumerated below:
o Finding where the market is coming from, where it is located now and where it is heading,
o A time-price ethereal space as the trading arena of the market flow evolvement,
o A ubiquitous usefulness in trending and even in sideways movements of various markets,
o And finally, an ergonomic and profitable intricacy with risk and money management.
Elliott Wave Trading - A Nuts-and-Bolts Professional Approach – Volume 1

Volume 4
Advanced Level
450 pagini – 410 charts – 10 Excel files & Tables
by
Dr Mircea Dologa, MD, CTA

Contents – Volume 4
--------------------------
Introduction
Push the Limits of your Learning Curve
Behind the Invisible
Why this book?
Epistemology
Conclusion
Disclaimer

Chapter 1 – Nuts-and-Bolts of a Profitable Elliott Wave Trader


Write the trading plan, stick to it and trade the trading plan
1. Conceive the Most Probable Scenario of the Market Flow
2. Plan a Second Scenario and Specify when the First will be Invalidated
3. Establish the Key-Levels & Limits of the End-Run Phenomenon
3.1 Price Key Levels Locations
3.2 Directional & Inverted Drawn Pitchforks
3.3 Orthodox & Un-orthodox Drawn Trend Lines
3.4 Curvilinear Limit Drawings
4. Establish the Kinetic Energy Source Responsible for Wave Strength
5. Apply the Top-Down Technical Analysis
5.1 Dominant Trend on Each Time Frame
5.2 Structure of the Last Bar (s)
5.3 Behaviour of the Last Bar (s)
5.4 Projections of the Current Swing & Last Bars
6. Gaps Employ in Immediate Wave Projections
7. Detecting the Best Time-Zone for Intraday Trading ?
8. Detecting the Best Time-of-the-Day for Intraday Trading ?
9. Detecting the Correction Ending (usually a C-wave or a E-Wave) in Trade Preparation Process
10. What is the Best Time Frame for Intraday Trading ?
10.1 Track a 5-min chart ?
10.2 Track a 15-min chart ?
10.3 Track an hourly chart ?
11. Continuous Quote Monitoring of Entire Index Stock Array to Determine the Market Flow
Behaviour
12. Trader’s Journal – Keep Notes on Thoughts
13. Key Points to Remember

Chapter 2 – Trading W1 Wave


Early ending detection of the ABC pattern of prior cycle guides the W1 trade profitability
1. Description
2. Specific Geometric Patterns
3. Focus on Terminal Sub-Wave of C-Wave of ABC Pattern
4. Errors to be Avoided in W1 Trading
5. Trading Techniques
Copyright 2016 by Dr. Mircea Dologa - All Rights Reserved - www.pitchforktrader.com 487
Elliott Wave Trading - A Nuts-and-Bolts Professional Approach – Volume 1

6. Errors to be Avoided and their Corrections


7. Key Points to Remember

Chapter 3 - Can W2 Wave be Traded ?


Only a professional approach can succeed in W2 trading !
1. Description
2. Specific Geometric Patterns
3. Focus on Terminal Sub-Wave of W1
4. Professional Approach - Errors to be Avoided in W2 Trading
5. Trading Techniques
6. Errors to be Avoided and their Corrections
7. Key Points to Remember

Chapter 4 – Trading W3 Wave


Depth degree of W2 guides the W3 trade profitability
1. Description
2. Specific Geometric Patterns
3. Focus on Terminal Sub-Wave of C-Wave of W2
4. Trend Line Angles as Strength / Weakness Mesures of W3
5. Errors to be Avoided in W3 Trading
6. Trading Techniques
7. Errors to be Avoided and their Corrections
8. Key Points to Remember

Chapter 5 - Can W4 Wave be Traded ?


Only a professional approach can succeed in W4 trading !
1. Description
2. Specific Geometric Patterns
3. Professional Approach - Errors to be Avoided in W4 Trading
4. Trading Techniques
5. Errors to be Avoided and their Corrections
6. Key Points to Remember

Chapter 6 – Trading W5 Wave


Width & depth degree of W4 guides the W5 trade profitability
1. Description
2. Specific Geometric Patterns
3. Focus on Terminal Sub-Wave of C-Wave or E-Wave of W4
4. Trend Line Angles as Strength / Weakness Mesures of W5
5. Errors to be Avoided in W5 Trading
6. Trading Techniques
7. Errors to be Avoided and their Corrections
8. Key Points to Remember

Chapter 7 – Trading A-Wave


Early ending detection of the W5 guides the A- wave trade profitability
1. Description
2. Specific Geometric Patterns
3. Focus on Terminal Sub-Wave of W5
4. Errors to be Avoided in A-Wave Trading
5. Trading Techniques
6. Errors to be Avoided and their Corrections
7. Key Points to Remember
Copyright 2016 by Dr. Mircea Dologa - All Rights Reserved - www.pitchforktrader.com 488
Elliott Wave Trading - A Nuts-and-Bolts Professional Approach – Volume 1

Chapter 8 – Trading C-Wave


Early ending detection of the wave B guides the C-wave trade profitability
1. Description
2. Specific Geometric Patterns
3. Focus on Terminal Sub-Wave of B-Wave of ABC Pattern
4. Trend Line Angles as Strength / Weakness Mesures of C-Wave
5. Errors to be Avoided in C-Wave Trading
6. Trading Techniques
7. Errors to be Avoided and their Corrections
8. Key Points to Remember

Chapter 9 – Trading A-B-C Pattern


Structure of the prior W1-2-3-4-5 impulsive pattern guides the ABC-pattern trade profitability
1. Description
2. Specific Geometric Patterns
3. Focus on Terminal W5 of W1-2-3-4-5 Pattern
4. Errors to be Avoided in ABC-Pattern Trading
5. Trading Techniques
6. Errors to be Avoided and their Corrections
7. Key Points to Remember

Chapter 10 - Annexes : Tables & Excel Calculations

Bibliography

Copyright 2016 by Dr. Mircea Dologa - All Rights Reserved - www.pitchforktrader.com 489
Elliott Wave Trading - A Nuts-and-Bolts Professional Approach – Volume 4

Introduction
“If you don’t try to be the best, it means that you ceased to be good”

Common sense compels us to acquire a consistent trading technique that gives us the
confidence to learn how to trade successfully. Elliott wave principle is one of the
profitable choices. This will not come without “sweat and tears”, but like the wisdom
from sagacious China says: “What first brings pleasure, in the end gives only pain, but
what at first causes pain, ends up in great pleasure”.
This volume is uniquely specialized in presenting real time trading cases, thus showing
the apprentice trader how to apply the assimilated knowledge to an ongoing market.
Like the sniper, the trader will have the patience to wait for the well-assessed and waited
for set-up and only then, it will take action. The book is composed of 10 chapters (450
pages, 410 charts and 10 Excel & Table files). The successful outcome is simple… One
target, one hit.
The main purpose of writing this manual was dictated by the author’s desire to help the
traders in their process of applying the trading rules for each of the impulsive Elliott
waves: W1, W3, and W5. Even if classically, it is not advisable for the beginner or
common experienced trader to trade the corrective waves, the author emphasizes here
the high caution of doing just that, but only once the trader has acquired the necessary
experience. Thus, the W2 and W4 trading will not have any secrets for the astute trader.
The trading approach of the impulsive waves, A and C, of corrective A-B-C patterns are
not neglected, neither.
Numerous and efficient little known topics are described and illustrated here by means
of many charts: conceiving of the most probable scenario, always having an alternate
one with their invalidation/reinitiating conditions, establishment of the end-run
phenomenon, the source of building the kinetic energy indispensable to the momentum
strength of Elliott waves, the top-down technical analysis, the identification of dominant
trend, the role of the last bar and also the last swing to forecast the identification of the
incoming swing/trend, the most optimal trading time frame to be used; all these are
scrupulously and methodically written in the trader’s journal. The module of risk and
money management is considered here as one of the most important elements, a truthful
gearwheel indispensable to the well oiled mechanism of getting a highly profitable trade.
In practicing these real time cases presented in this manual, we have conceived and
leaned on a strategic analysis composed of five-tactical precursory parameters of every
trade.
1. Pre-Market Momentum Evaluation :
o External: Nikkei 225, US News at 14:30hrs (CET),
o Internal: Energy sourced out of previous day.
2. Quantifying the Internal Strength / Weakness of the Ongoing Market
3. Evaluation of the most Current Deploying Momentum (Vertical & Horizontal Axis)
4. End-Run Limits forming Clusters & Confluences
5. Strict Monitoring for Reversals / Continuation
The Annex chapter at the end of this volume will efficiently serve the trader with its
Excel spreadsheet and tables. They were conceived, not only to enhance the assimilation
of the entire material, but also to give the trader a better chance to be ahead of the
crowd. Always remember that “The Elephants don’t like to be accompanied!”.

Elliott Wave Trading - A Nuts-and-Bolts Professional Approach – Volume 1


About us: Email: mircdologa@yahoo.com
Dr Mircea Dologa began his investment and trading career in 1987, in pharmaceutical and real estate
industries. Once he passed the Series 7 and Series 3 exams, he obtained the two indispensable trading
licences controlled by United States Government: the Registered Commodity Trading Adviser (CTA)
Licence and Registered General Securities Representative - Investment Adviser Licence. During the
training periods, he realized the scarcity in financial literature and trading seminars, of the true ‘know
how’ practical tools. After reading hundreds of books and attending numerous seminars, the same
question kept popping up: Where is the meat? Most of the time, besides the classics… it wasn’t there!
As a registered Commodity Trading Advisor (CTA) with National Futures Association of U.S.A., he
founded a new teaching concept, based on practical aspects of trading, for both newcomers and
experienced traders.
He published more than 100 articles and he is an international contributor to trading magazines in the
USA (‘Technical Analysis of Stocks & Commodities’, ‘Futures’ and ‘eSignal.com Education Section’);
the United Kingdom (‘The Technical Analyst’); Germany (‘Traders’ − English- and German-language
editions); Australia (‘Your Trading Edge’) and Asia (‘The Trader’s Journal’). He is also the founder and
the president of www.pitchforktrader.com – a specialized trading website.
Dr Mircea Dologa has written seven books, over 3 500 pages, 3300 charts and 150 Excel trading files, in
his quest to efficiently teach the trading art, from the beginner’s level to the highest nowadays
standards – the professional level. The author’s main thought during these seven years of planning,
conceiving and writing these trading books, was how to optimally reveal the practical aspects.
Dr Mircea Dologa attended New York University and Cooper Union School of Engineering and Science in
New York and graduated from the latter with a B.S. in Theoretical Physics. He obtained his Doctorate in
Medicine from the School of Medicine in Paris. He also took MBA courses in finance and business
management at the University of South Carolina in Columbia and at the French School of Business and
Finance (HEC Paris France). After holding the positions of Medical Director and later of General
Manager, in 1992 he decided to focus exclusively on his investments and since then he has devoted his
activity to financial markets. He lives with his wife and two daughters in Paris, France.

Copyright 2017 by www.pitchforktrader.com ALL RIGHTS RESERVED


A few illustrated
moments of Dr Mircea Dologa’s everyday work: trader, teacher, mentor & author!

Copyright 2017 by www.pitchforktrader.com ALL RIGHTS RESERVED


About Dr Mircea Dologa’s works: ELLIOTT WAVE TRADING Manuals
Trader, Educator (including mentorship) & Market Researcher

Copyright 2017 by www.pitchforktrader.com ALL RIGHTS RESERVED


Please find listed below, his published articles in International Finance & Trading Publications:
USA, EUROPE, AUSTRALIA, CHINA & SOUTH EAST ASIA
----------------------------------------------------------------------------------------------------------------------

Bibliography of Dr Mircea Dologa

A. Trading Books
Dologa, Mircea [2016]. Elliott Waves Trading – A Nuts–and-Bolts Professional Approach,
Volume I – 476 pages, Pitchforktrader.com, Paris, France
Dologa, Mircea [2017]. Elliott Waves Trading – A Nuts–and-Bolts Professional Approach,
Volume II – 600 pages, Pitchforktrader.com, Paris, France
Dologa, Mircea [2017]. Elliott Waves Trading – A Nuts–and-Bolts Professional Approach,
Volume III – 550 pages, Pitchforktrader.com, Paris, France
Dologa, Mircea [2017]. Elliott Waves Trading – A Nuts–and-Bolts Professional Approach,
Volume IV – 500 pages, Pitchforktrader.com, Paris, France
Excerpts of 4 books - COPY & PASTE on the browser:
http://pitchforktrader.com/EXCERPTS/Excerpts_EW_Volume_1_v2.pdf

Dologa, Mircea [2006]. “Integrated Pitchfork Analysis- Beginner & Intermediate Level“,
Volume I, 444 pages, Wiley Publishing House, London
Dologa, Mircea [2007-8]. “Integrated Pitchfork Analysis- Advanced Level“, Volume II,
300 pages, Pitchforktrader.com, Paris
Dologa, Mircea [2009]. “Integrated Pitchfork Analysis- Advanced Level“, Volume III,
480 pages, Pitchforktrader.com, Paris
Excerpts of 4 books - COPY & PASTE on the browser:
http://www.pitchforktrader.com/vol1_excerpts.pdf
http://www.pitchforktrader.com/vol2_excerpts.pdf
http://www.pitchforktrader.com/vol3_excerpts.pdf

B. Trading Articles
Dologa, Mircea [2017]. “Elliott Waves – How High is High?”, Part I, Technical Analysis
of Stocks & Commodities, November
Dologa, Mircea [2017]. “Elliott Waves – How High is High?”, Part II, Technical Analysis
of Stocks & Commodities, December
Dologa, Mircea [2017]. “Trading Approach of the Most Profitable Elliott Wave [W3]”,
Nov./Dec., Your Trading Edge, Sydney, Australia
Dologa, Mircea [2017]. “Trading Approach of the Deepest Corrective Elliott Wave [W2]”,
Sept./Oct., Your Trading Edge, Sydney, Australia
Dologa, Mircea [2017]. “Trading Approach of the Enigmatic Elliott Wave [W1]”,
July/Aug., Your Trading Edge, Sydney, Australia

Copyright 2017 by www.pitchforktrader.com ALL RIGHTS RESERVED


Dologa, Mircea [2017]. “Elliott Waves In Trading the Opening of Index Futures”,
May/June, Your Trading Edge, Sydney, Australia
Dologa, Mircea [2017]. “Elliott Wave Intra-Day Trading: A Combination of Elliott Waves,
Pitchforks, Gann & Jenkins Tools”, March/April, Your Trading Edge, Sydney, Australia
Dologa, Mircea [2017]. “Trading Elliott Waves Using a Top-Down Approach”, Technical
Analysis of Stocks & Commodities, Volume 35:13 (36-42), Bonus Issue-February
Dologa, Mircea [2017]. “The Nuts-and-Bolts of Practising Elliott Wave Trading-Part II:
Channelling with Trade Entry/Stops/Exits & Risk Management”, Jan/Feb,
Your Trading Edge, Sydney, Australia
Dologa, Mircea [2004-2017]. “World Charting Report- Indexes, Forex & Stocks”, Monthly
Periodical, Paris, France, http://www.pitchforktrader.com/reports.html
Dologa, Mircea [2016]. “The Nuts-and-Bolts of Practising Elliott Wave Trading- Part I:
Judicious & Mistaken Elliott Wave Labelling – Rules & Guides”, Nov/Dec, Your Trading
Edge, Sydney, Australia
Dologa, Mircea [2013]. “Missing Ling: between Time & Price”, Part I, Technical Analysis
of Stocks & Commodities, Volume-September.
Dologa, Mircea [2013]. “Missing Ling: between Time & Price”, Part II,
Technical Analysis of Stocks & Commodities, Volume-October
Dologa, Mircea [2013]. “Trading the German Dax - Part I“, July/August,
Your Trading Edge, Sydney, Australia
Dologa, Mircea [2013]. “Trading the German Dax - Part II“, September/October,
Your Trading Edge, Sydney, Australia
Dologa, Mircea [2012]. “Trading Elliott Waves with Regression Trend Channel & Count
Back Line”, February, Learning Section, www.esignal.com.
Dologa, Mircea [2012]. “An Elliott & Gann Efficient Time/Price Tool-Part I”, December,
Learning Section, www.esignal.com.
Dologa, Mircea [2012]. “An Elliott & Gann Efficient Time/Price Tool-Part II”, December,
Learning Section, www.esignal.com.
Dologa, Mircea [2011]. “The Art of Professional Trading during Tumultuous Times-
Part I ”, January, Learning Section, www.esignal.com.
Dologa, Mircea [2011]. “The Art of Professional Trading during Tumultuous Times-
Part II ”, February, Learning Section, www.esignal.com.

Dologa, Mircea [2011]. “The Baltic Index: An Ideal Tool for signalling the End of Crisis”,
March, Learning Section, www.esignal.com
Dologa, Mircea [2011]. “When and Where Time meets Price through Pitchfork Analysis”,
December, Learning Section, www.esignal.com
Dologa, Mircea [2011]. “Interview“, May/June, Your Trading Edge, Sydney, Australia
Dologa, Mircea [2010]. “New Aspects of Trading Based on Integrated Pitchfork Analysis”,
February, Learning Section, www.esignal.com
Dologa, Mircea [2009]. “Intraday Trading with Inter-Market Analysis”, November,
Learning Section, www.esignal.com
Dologa, Mircea [2009]. “Trading Lessons from Paris“, July/August, Your Trading
Edge, Sydney, Australia

Copyright 2017 by www.pitchforktrader.com ALL RIGHTS RESERVED


Dologa, Mircea [2009]. “Inter-Market Analysis Role in Intra-Day Trading“, Trader’s,
Germany
Dologa, Mircea [2009]. “Trade for a Living: Day-to-Day Business Operations“, Trader’s,
Germany
Dologa, Mircea [2009]. “Trading the Master Plan“, Trader’s, Germany
Dologa, Mircea [2009]. “Interview“, Trader’s, Germany
Dologa, Mircea [2009]. “After the Flood – Part I“, March/April, Your Trading Edge,
Sydney, Australia
Dologa, Mircea [2009]. “After the Flood – Part II“, July/Aug, Your Trading Edge,
Sydney, Australia
Dologa, Mircea [2009]. “Day-to-Day Business Operations when you Trade for a Living”,
April, Learning Section, www.esignal.com.
Dologa, Mircea [2009]. “Trading for a Living: Trending with Integrated Pitchfork
Analysis”, August, Learning Section, www.esignal.com
Dologa, Mircea [2008]. “Pre-Open Preparation for Dax Trading”, February,
Learning Section, www.esignal.com
Dologa, Mircea [2008]. “The Mechanism of News Release Trading”, August,
Learning Section, www.esignal.com
Dologa, Mircea [2007]. “Short-Term trading & Action-Reaction Lines“, April,
The Trader’s Journal, Hong Kong
Dologa, Mircea [2007]. “Trading the Dax Opening”, January, Technical Analyst, London
Dologa, Mircea [2007]. “Integrated Pitchfork Analysis Applied to FOREX: Foundations of this
New Profitable Trading Technique”, December 14, Learning Section, www.esignal.com
Dologa, Mircea [2007]. “Integrated Pitchfork Analysis Applied to FOREX: Integration of this
Approach with other Modern Tools for Best Results with Optimal Confidence”, December 21,
Learning Section, www.esignal.com
Dologa, Mircea [2006]. “Pragmatic Aspects of Trading Rectangles”, May/June,
Technical Analyst, London
Dologa, Mircea [2006]. “Understanding the Dax Gaps”, October, Technical Analyst,
London
Dologa, Mircea [2006]. “Trading Rectangles – Tactics & Money Management”, Futures
Magazines, New York
Dologa, Mircea [2006]. “Integrated Pitchfork Analysis“, The Trader’s Journal,
Hong Kong
Dologa, Mircea [2006]. “Trading Rectangles – Tactics & Money Management”, Futures
Magazines, New York
Dologa, Mircea [2006]. “The Third Elliott Wave”, Technical Analysis of Stocks &
Commodities, Volume 24: May.
Dologa, Mircea [2006]. “Trading the Trend in Wave 3”, Technical Analysis of Stocks &
Commodities, Volume 24-June.
Dologa, Mircea [2006]. “Trading Wave 3”, Technical Analysis of Stocks &
Commodities, Volume 24: September
Dologa, Mircea [2006]. “Trading the Wave 3”, Technical Analysis of Stocks &
Commodities, Volume 24-September.

Copyright 2017 by www.pitchforktrader.com ALL RIGHTS RESERVED


Dologa, Mircea [2006]. “Preparing for Intra-day Trading“, March/April, Your Trading
Edge, Sydney, Australia
Dologa, Mircea [2006]. “Trading Life - The Quest for Best Tools“, May/June,
Your Trading Edge, Sydney, Australia
Dologa, Mircea [2006]. “Trading Life - The Quest for Best Tools“, May/June,
Your Trading Edge, Sydney, Australia
Dologa, Mircea [2005]. “Following the Median Line”, Futures Magazines, New York

Disclaimer

The purpose of this material is to provide you a very


powerful trading technique, named “Elliott Waves“,
a valuable tool in the financial markets. The text, the
chart examples, or any part of this material are not to
be taken as “investment advice”. They are purely and
strictly for educational purposes. Ultimately, you are
responsible for all of your investment decisions. The
data used in this material is believed to be from
reliable sources but cannot be guaranteed.

There is no guarantee that this tool will continue to


work in the future. “Past performance is not
indicative of future results”. You should understand
that there is considerable risk of loss in the stock,
futures or options markets. Neither the author, nor
anyone else involved in the production of this
material, will be liable for any loss, damage or
liability directly or indirectly caused by the usage of
this material.

Copyright 2017 by www.pitchforktrader.com ALL RIGHTS RESERVED


Dr Mircea Dologa, MD, CTA began his investment and trading career in pharmaceutical and real
estate industries, in 1987. As a Commodity Trading Advisor and Stock Investment Adviser, by the New
York Stock Exchange clients, he founded a new teaching concept, based mainly on the practical
aspects of profitable trading for the novice and also experienced traders at www.pitchforktrader.com.
Member of several technical analysis associations, he is a well-known contributor to international
professional publications in USA, England, Germany, Australia & South-East Asia - refer to
Bibliography. He studied and practiced for more than twenty years the art of trading and has written
three books about original concepts and published more than 50 articles.

Most of the experienced traders confess a substantial increase in trading profitability, if the
Elliott waves were used.
• The author writes from his experience and research for more than two decades. He provides in
this book, a thorough presentation and practice of Elliott waves. This technique has become a
head start in terms of professional trading. The writer’s original concepts are rooted from more
than 80 years of trading experience of our masters: Nelson R. Elliott, A.J. Frost, R. Prechter,
Glenn Neely and Zoran Gayer.
• The author’s experience in medical field taught and warned him, that there is no positive
outcome of any well accomplished tasks without the heavy load of case practice, once that the
knowledge and confidence are at “rendezvous”. Thus, a trading edge too efficient to be ignored
has been created!
As an entrepreneurial person that you probably are, otherwise you wouldn’t be reading this book
right now; you took up the decision to become a profitably consistent Elliott wave trader… Don’t
wait… This book is for you! Be warned… the road to conquer the Learning Curve is long and
thorny… you’ll certainly get there if you really want it, but you’ll have to fight teeth and nails!

E-Mail: mircdologa@yahoo.com
ISBN (13) 978-2-9562104-2-9 Website: www.pitchforktrader.com
EAN 9782956210429

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