Part 1 is all about building a firm foundation of knowledge on which to build your analysis skills and create an objective, unquestionable edge in your trading. We can’t effectively surge ahead without knowing where we came from, so first up we dive into the history of technical analysis and run you through the basics of Elliot Wave Theory and Classical Charting. We then do a comprehensive study of trading’s biggest myths which will help prevent you from chasing your tail around an edge that doesn’t actually exist, a trap that most traders are still caught in.

In Part 2 we start to expand on our knowledge of price waves and begin to characterize each wave into being either impulsive or corrective in nature. This is an imperative step in the process as only after we characterize each wave can we begin to combine, analyze and trade the market action being presented to us. Once we can master this skill it doesn’t matter how complex or simple the price action is, we will know how to trade it.

In Part 3 we take a deep dive into the heart and soul of our trading methodology - Price Patterns. We start by running through the different types of patterns we look for before taking a closer look at the identifying characteristics of each pattern, when and where to draw in meaningful trendlines, correct labeling of patterns and the necessary price action required to confirm a pattern.

In Part 4 we delve into the only indicator we ever use, the MACD. We run through how to set it up to our specifications, explain exactly what it does, and then run through the process of using it to identify price waves in patterns of varying complexity. The value of this simple tool cannot be overstated.

In Part 5 we run through the 4 pillars of consistent profitability. We begin the section with a deep dive into Risk Management and the importance of thinking, and trading, with a probabilistic mindset. We then run through the importance of a Comprehensive Trading Plan and how we use the Seneca Trading Journal to keep track of crucial metrics. Lesson 3 & 4 is a deep dive into trade & stop-loss management and we end the section with a master lesson in trading psychology.

From roughly the 1860s through the 1960s, stock prices were transmitted over telegraph lines on a ticker tape that included a ticker symbol, price, and volume. Tape reading is an old technique that day traders used to analyze a given stock's price and volume to gain a read on when changes in price were beginning to occur. Nowadays ticker tapes are long gone but the art of tape reading remains… if you know where to look.

In part 7 we go deeper into the four key trading strategies that we use, laying out the conditions in which we use them and going into greater detail in how we managed each trade once it is running. With these strategies in your toolbox matched with the knowledge you’ve gained over the past 5 sections, you are well on your way to becoming a consistently profitable trader.

In this section we summarize everything we’ve learnt by running through several different charts from the top down. We showcase several different scenarios and the different ways in which to use the principals we’ve learnt over the previous 6 sections to analyze price action and stack confluence factors in your favor.