0)      Introduction

1)      R.N. Elliott’s definition of the impulsive wave structure

 o   Impulsive waves

 §  Simple

 §  Extended

2)      R.N. Elliott’s definition of the corrective wave structure

 o   Corrective waves

 §  Zigzag

 §  Double zigzag

 §  Triple Three

 §  Triangles

 o   Special wave A

 o   Rules

 o   Observations/guidelines

3)      Modified Impulsive Wave Structure

 o   Observations while preparing daily reports

 o   Adaptation to impulse waves

 §  Extensions

 §  Diagonal triangles

 o   Impact from Elliott’s observations/guidelines

 §  Importance of Wave B

 §  Wave B in Wave 3

 §  Alternation

       ·         Waves 2 & 4

       ·         Wave 4 and Wave B

4)      Projection and retracement ratios 

 o   Fibonacci ratios

 o   Harmonic ratios

 o   Extensive examples of how the harmonious structure develops

 §  Deep Wave (b) of Wave (iii)

 §  Alternation in the harmonious structure

5)      Working with the modified wave structure

 a.       Application to the wave structure

                                                              i.      Generating projection targets

                                                            ii.      Generating retracement targets

                                                          iii.      Identifying higher risk targets with projections from a lower degree

 o   Common issues that are faced

 §  Identifying Wave (ii)

 §  Handling straight line moves that hide Wave (ii) & Wave (iii)

 §  Complex corrections

 o   Observing wave structure in relation to the anticipated wave

 §  Obtaining confirmation

 §  Identifying when a count has broken down

 o   Observing price movement at target support & resistance levels

 §  Identifying which target is most likely to be met using:

       ·         Price structure

       ·         Momentum    

6)      EURUSD Case Study

7)      Application of the modified structure on other major markets