Excerpts, Contents & Prices

Elliott Wave Trading - A Nuts-and-Bolts Professional Approach – Volume 4 4 3.3 Initial Stop-Loss 3.4 Break-even and Trailing Stops 3.5 Anatomy of a Trade – Stop-Loss Methodology 4. Knowledge and Confidence 5. Specific Vital Space of Wave (3): Time and Price Trading Scene 5.1 5.2 5.3 5.4 5.5 Wave W(3) Vital Space Measured by Gann Box Ratios 1.618x1.0 Wave W(3) Vital Space Measured by Gann Box 360x18 Wave W(3) Vital Space Measured by Gann Angles Wave W(3) Vital Space Measured by Gann Angles and Jenkins Circles Wave W(3) Vital Space Measured by Geometric Angles 6. Errors to be Avoided in Wave W(3) Trading 6.1 Misunderstanding the Proportionality Principle 6.2 Mislabelling of an Impulsive Wave – Lack of Using a Consolidation Extension 6.3 Mislabelling of a Terminal Impulsive Wave – Lack of Using OSC (5, 35) 7. Focus on Precedent Wave W(2) and its Terminal Subwave C: W(2) 8. Concrete Professional Wave W3 Trade: Long Examples 9. Trading Approach of the Most Profitable Elliott Wave [W(3)] 10. Trading Elliott Waves from the Low to the High 10.1 Weight of Evidence Vouching for the New Trend 10.2 Systematized Visualization Tool 10.2.1 Swing Distribution Technique 10.2.2 Territorial Distribution Technique 10.3 Cartesian Space, the Ideal Way to Set the Trading Arena 10.4 Which is the Optimal Level to Enter a Wave W(3) Trade? 10.5 Which is the Optimal Level to Exit a Wave W(3) Trade 11. Key Points to Remember Chapter 5 - Can Wave W(4) be Traded through Subwaves A and C? . 298 Only a professional approach can succeed in W4 trading! 1. 2. 3. 4. 5. Description of Wave W(4) Specific Vital Space of Wave W(4): Time and Price Trading Scene Errors to be Avoided in Wave W(4) Trading Focus on Wave W(3) and Its Terminal Subwave Concrete Professional Wave W(4) Trades: Short A: W(4) and Short C: W(4) Examples 5.1 Short Trade of Wave A of an A-B-C Pattern of Wave W(4) 5.2 Short Trade of Wave C of an A-B-C Pattern of Wave W(4) 6. 7. 8. 9. 10. 11. 12. Trading Approach of the Depthless Corrective Elliott wave [W(4)] Where Time Meets Price - A Possible Missing Link between Elliott Waves and Gann? Gann Tools Revealing an Organized Structure within the Apparent Market Chaos Time and Price Relationship in Structuring the Elliott Waves – A Golden Trading Approach Role of Time and Price Relationship in Gann’s Methodology Dr Michael Dologa’s Price and Time Technique – A Trend Line Taken as Box Diagonal Key Points to Remember Chapter 6 – Trading Wave W5 . 381 Width & depth degree of W4 dictates the profitability of a W5 trade 1. Description of Wave W5 2. Specific Vital Space of Wave 5: Time & Price Trading Scene 2.1 Pitchfork as the Main Tool for Identifying the Directional Development 2.2 Gann Box and Angles Draw the Optimal Pathway of Wave W5 Vital Space 3. Errors to be Avoided in W(5)Trading 3.1 Is wave W(5) terminated or not? 3.2 Are there Two Scenarios Forecasted: Up- or Down-Sloping? 3.3 Differential Diagnosis between subwave X: W(4) and w1: W(5) 4. Focus on Wave W(4) and Its Terminal Subwave 4.1 Price Extensions of Wave W(4) as a Target for W(5) Copyright 2018 by Dr. Mircea Dologa - ALL RIGHTS RESERVED - www.pitchforktrader.com

Elliott Wave Trading - A Nuts-and-Bolts Professional Approach – Volume 4 5 4.2 Pitchfork Using the Wave W(4) Extremities [P1 & P2] as W(5) Development Guide 4.3 Elliott Wave w2-4: W(5) TLs & W(4) Radius Circle Used as W(5) Development Guides 4.4 Elliott Wave w2-4: W(5) TLs & W(0-3) Radius Circle Used as W(5) Development Guide 5. Concrete Professional Wave W(5) Trade: Long Example 6. Key Points to Remember Chapter 7 - Annexes: Excel Spreadsheets, Tables and Calculations The reader can obtain any annexe file from the author at: mircdologa@yahoo.com . 424 Plate no. 1 – Circles and Market Symmetry (for more details see Chapter n 1 – Fig. 30 & Fig. 36) Plate no. 2 – Locations of Open and Close Levels, a Mirror of Market Behaviour (for more details see Chapter n 1 – Fig. 1A) Plate no. 3 – Daily ATR(14) used as a Tool on Operational Time Frame (for more details see Chapter n 1 – Fig. 71 & Fig. 72) Plate no. 4 – Drawing the 45 Degree Angle on Screen (for more details see Chapter n 2 - Fig. 185 & Fig. 186 ) Plate no. 5 – Candlestick Continuation Patterns Plate no. 6 – Candlestick Neutral Patterns Plate no. 7 – Candlestick Reversal Patterns Plate no. 8 – Pullback and Correction Identification (for more details see Chapter n 3 – Fig. 247) Plate no. 9 – Count Back Line (CBL) Description (for more details see Chapter n 1 – Fig. 5) Plate no. 10 – Global Entry Table – to be Filled in before Every Entry (more details - see Chapter n 6 – Fig. 481) Plate no. 11 – Questions to be Answered before Entering the Trade (more details - see Chapter n 6 – Page 414) Plate no. 12 – Trade Entry Specific Factors (for more details see Chapter n 1 – Fig. 125) Plate no. 13 – Multiple Time Frame Floor Pivots (for more details see Chapter n 2– Fig. 210) Plate no. 14 – Square of Gann Levels – Downwards & Upwards Cycles (for more details see Chapter n 2 – Fig. 211) Plate no. 15 – Square of Gann Levels – Multiple Downwards Cycles (for more details see Chapter n 5 – Fig. 384) Plate no. 16 – Gann Cardinal Price Square of Nine in an Up-Trend (for more details see Chapter n 6 – Fig. 466) Plate no. 17 – Jenkins Circles Applying the Alternate Radius Technique – Curvilinear Confluence which Halted Wave W(2) (for more details see Chapter n 3 – Fig. 276) Copyright 2018 by Dr. Mircea Dologa - ALL RIGHTS RESERVED - www.pitchforktrader.com

Elliott Wave Trading - A Nuts-and-Bolts Professional Approach – Volume 4 Plate no. 18 – Jenkins Circles using two Radii – Wave W(3) Development Monitoring (for more details see Chapter n 4 – Fig. 320 & 322) Plate no. 19 – Gann Box and Jenkins Circles (for more details see Chapter n 5 – Fig. 399) Plate no. 20 – Calculation of Subwave w5: W(1) Terminal Level using W(1) Subwaves (for more details see Chapter n 2 – Fig. 225) Plate no. 21 – Calculation of Wave W(1) Terminal Level using Waves (A), (B) & (C) (for more details see Chapter n 2 – Fig. 222) Plate no. 22 – SHORT Wave W(2) - Calculation of Wave C Target using A-B-C&Wave A (for more details see Chapter n 3) Plate no. 23 – LONG Wave W(2) - Calculation of Wave C Target using A-B-C & Wave A (for more details see Chapter n 3) Plate no. 24 – Wave W(4) Trading – Calculation of a Single R/R Ratio (for more details see Chapter n 5 – Fig. 380) Plate no. 25 – Wave W(4) Trading – Calculation of Multiple R/R Ratios (for more details see Chapter n 5 – Fig. 379) Plate no. 26 – Vital Space of Wave W(2) using Gann Box & Gann Angles (for more details see Chapter n 3 – Fig. 242 & 243) Plate no. 27 – Wave W3 Terminal Level through Miner Calculations (for more details see Chapter n 4 – Fig. 282) Plate no. 28 – Wave W3 Terminal Level through Fisher & Miner Calculations (for more details see Chapter n 4 – Fig. 283) Plate no. 29 – Calculation of Wave W(3) Termination using W(1), W(2) & Subwaves of W(3) (for more details see Chapter n 4 – Fig. 328) Plate no. 30 – LONG W(4) Trade - Calculation of C: W(4) Termination using W(3) and A (for more details see Chapter n 5) Plate no. 31 – SHORT W(4) Trade - Calculation of C: W(4) Termination using W(3) and A (for more details see Chapter n 5 – Fig. 381) Plate no. 32 – LONG W5 Trade - Calculation of Target Level using W1, W0-3 & W4 (for more details see Chapter n 6) Plate no. 33 – SHORT W5 Trade - Calculation of Target Level using W1, W0-3 & W4 (for more details see Chapter n 6) Plate no. 34 – SHORT W5 Trade - Calculation of Target Level using W1, W0-3, W4 and Subwaves w1, w0-3 & w4 of wave W5 (for more details see Chapter n 6) Plate no. 35 – LONG W5 Trade - Calculation of Target Level using W1, W0-3, W4 and Subwaves w1, w0-3 & w4 of wave W5 (for more details see Chapter n 6) Plate no. 36 – Trader’s Journal – to be filled in (for more details see Chapter n 6, Fig. 481) Copyright 2018 by Dr. Mircea Dologa - ALL RIGHTS RESERVED - www.pitchforktrader.com 6

Elliott Wave Trading - A Nuts-and-Bolts Professional Approach – Volume 4 7 Plate no. 37 – Trader’s Journal – LONG Trade (more details - see Chapter n 6 – Fig. 481) Plate no. 38 – Trader’s Journal – A Few Positive and Negative Attitudes (more details - see Chapter n 1 – Page 78) Plate no. 39 – Profit and Risk Optimization on Multiple Time Frames (more details - see Chapter n 1 – Fig. 95) Plate no. 40 – Profit and Risk Optimization on Multiple Time Frames (more details - see Chapter n 1 – Fig. 99-101) Plate no. 41 – Trading Potential of Dax Index Futures during an Eight-Day Period (more details - see Chapter n 1 – Fig. 98) Plate no. 42 – Trend Identification – Characteristics and use of Multiple Time Frames (for more details see Chapter n 4 – Fig. 286) Plate no. 43 – HANS Indicator – An Inside Evaluation of Dax Market Fluctuation (more details - see Chapter n 1 – Fig. 108-109) Plate no. 44 – George SOROS Trade – September 16th, 1992 (more details - see Chapter n 1 – Fig. 132-142) Plate no. 45 – Harmonic Moving Averages – 5-sma, 15-sma & 30-sma Plate no. 46 – Tools Synopsis used in LONG / SHORT Dax 30 Trading (more details - see Chapter n 6 – Fig. 478) Plate no. 47 – Cluster Search through Floor Pivots, Daily ATR(14), Opening Range & Gap (more details - see Chapter n 1 – Fig. 74) Plate no. 48 – Market Mapping – Quest for End-Run Phenomenon Plate no. 49 – Three Pawn Technique – A Risk and Management Methodology (more details - see Chapter n 6 – Page 410) Plate no. 50– Three Pawn Technique Table for a SHORT Trade with an Add-On & Trail SL (more details - see Chapter n 3 – Fig. 272) Plate no. 51 – Three Pawn Technique Table for a SHORT Trade exited by a Trail Stop Loss (more details - see Chapter n 2 – Fig. 203) Plate no. 52 – Three Pawn Technique Table for a LONG Trade with an Add-On & Trail SL (more details - see Chapter n 6 – Fig. 420) I. Bibliography of Dr Mircea Dologa A. Trading Books and Videos B. Trading Articles . 476 . 476 . 477 II. Bibliography – Other Suggested Reading . 479 Copyright 2018 by Dr. Mircea Dologa - ALL RIGHTS RESERVED - www.pitchforktrader.com

Elliott Wave Trading - A Nuts-and-Bolts Professional Approach – Volume 4 8 Introduction “If you don’t try to be the best, it means that you ceased to be good. We are the masters of our own fate!” In one of his presentations, Zoran Gayer, a faithful follower and developer of Elliott Principle, has embraced Elliott thinking and has extended it with the application of chaos theory. The trader must look for the moment of maximum uncertainty, the edge of chaos, after which markets coalesce around a direction. That’s where the trader comes in He/she must observe the end of these coalescent zones and then, and only then, must enter the market in the dominant direction. This well assimilated behaviour is the warranty of a successful trader. But this will not come without “sweat and tears”; 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”. Common sense compels us to acquire a consistent trading technique that gives us the confidence to learn how to trade successfully. We must stack the odds in our favour. Elliott wave principle is one of the profitable choices. Volume 4 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 trading set-up and only then, he/she will take action. The volume is composed of 7 chapters (480 pages, 533 charts and 43 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 it is not advisable for the beginner or for the 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 the corrective A-B-C patterns are not neglected either. Numerous and efficient little known topics are described and illustrated here by means of many charts: Conceiving the most probable scenario, always having an alternate one with their invalidation/reinitiating conditions; Detecting the end-run phenomenon and the source of building the kinetic energy indispensable to the momentum strength of Elliott waves; The top-down technical analysis; The identification of the 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 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. Copyright 2018 by Dr. Mircea Dologa - ALL RIGHTS RESERVED - www.pitchforktrader.com

Elliott Wave Trading - A Nuts-and-Bolts Professional Approach – Volume 4 9 In practicing these real time cases presented in this manual, we have conceived and leaned on a strategic analysis composed of six tactical precursory trade parameters. 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 Resistances, Supports, Clusters and Confluences 5. Strict Monitoring for Reversals / Continuation 6. Money and Risk Management. 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!” The loneliness of the accomplished trader is the same as that of the marathoner’s who is trying to win every race. Dr Mircea Dologa, MD, Commodity Trading Adviser June 21th – 2018 Paris – France Email: mircdologa@yahoo.com Copyright 2018 by Dr. Mircea Dologa - ALL RIGHTS RESERVED - www.pitchforktrader.com

Elliott Wave Trading - A Nuts-and-Bolts Professional Approach – Volume 4 30 Fig. 25 - The above floor pivot table calculates the values of daily, week and monthly time frames. As we already know, the best landmarks to halt or reverse the market are the clusters and the confluences. We can classify the pivotal cluster as one of the best stopping landmarks. Its halting power is dramatically enhanced when it is formed of multiple time frame components. We observe in the above pivotal table corresponding to the chart in Fig. 24, several possible clusters: Cluster Zone 12956-12948 marked as n 1 on the table, corresponding to the monthly mid pivot P/S1 and daily mid pivot S4/S5, Cluster Zone 12997-13003 marked as n 2 on the table, corresponding to the weekly pivot S2 and daily mid pivot S3/S4, The daily pivot S5 at 12916 key level is the optimal floor pivot susceptible to reverse the market if the cluster zone 12956-12948 (n 1) will be broken down. Copyright 2018 by Dr. Mircea Dologa - ALL RIGHTS RESERVED - www.pitchforktrader.com

Elliott Wave Trading - A Nuts-and-Bolts Professional Approach – Volume 4 42 Fig. 48 – The above weekly Dax chart is the same as the previous chart but one week later. The big volatile bar broke up the upper right side of the diamond moving hastily towards the 0.75 Fibonacci price ratio at the 5701 key level of the relation C of A. The magnet-like effect of the median line of the pitchfork exerts a strong attracting action upwards. The presence of the pitchfork signals the trend continuation and we could forecast the terminal level of the ongoing trend by using the expansions of the height of the diamond. Fig. 49 – The above weekly Dax chart is the same as the previous chart but one week later. The occurrence of a second big volatile bar raised the market towards the median line at the level of the cluster zone 5748-5758. Another cluster is waiting to halt or reverse the market at 6094-6097 level. Copyright 2018 by Dr. Mircea Dologa - ALL RIGHTS RESERVED - www.pitchforktrader.com

Elliott Wave Trading - A Nuts-and-Bolts Professional Approach – Volume 4 69 Fig. 98 - The above table shows the trading parameters of a 15-min Dax Futures chart (see Fig. 96) during the period of March 19 to 28, 2018. The optimal trading specificity of Dax Futures consists in its constant behaviour: the greatest intra-day ATR value amount around, 2-5 swings daily, 193 to 651 points intra-day and a predictable morning and after-noon behaviour. Even if we deduct 30% from the intraday amount (entry & exit losses), we still get 4812 to 16275 euros, a comfortable profit for the experienced trader. Going even further in our comparative study we observe below (Fig. 99 to Fig. 103) the huge opportunity of trading Dax Futures with regard to S&P500 and currency pairs. Fig. 99 - The above table illustrates the comparative parameters expressed in Euro amount ratios and percentages compared with the Dax Futures. In spite of the common beliefs, Dax Futures is the optimal trading financial support choice, followed by JPY/USD, EUR/USD and lastly S&P 500. The GBP/USD amount is placed the last in this comparative list representing only 11% of Dax amount. Copyright 2018 by Dr. Mircea Dologa - ALL RIGHTS RESERVED - www.pitchforktrader.com

Elliott Wave Trading - A Nuts-and-Bolts Professional Approach – Volume 4 91 16. Study of George Soros’s British Pound Transaction – Septem

5. Concrete Professional Trades: Wave W1 & its Subwaves - Short & Long Examples 6. Trading Approach of Elliott Wave W1 6.1 Elliott Wave Theory 6.2 Description of the Impulsive Pattern 6.3 General Knowledge about Impulsive Wave W1 6.3.1 Description of Wave W1 6.3.1.1 Origin of Wave W1 6.3.1.2 Characteristics of Wave W1