The purpose of the approach is to make money out of the next swing of a tradable period.
Impulse move, or the move towards the presumed main trend direction, is indicated with “i” followed by the wave number
Each higher step/grade is marked with Capital “i” which stands for Impulse + apostrophe after the impulse wave number e.g.: I1’ - 1st impulse wave 2 steps higher, I1’' - 3 steps, I1’’’ - 4 steps
I1’ I2’ I3’ 2 steps higher
I1 I2 I3 1 step higher
i1 i2 i3 trading period
‘i1 ‘i2 ‘i3 1 step lower
‘’i1 ‘’i2 ‘’i3 2 steps lower
Corrective move is marked with letters, where a - 1st corrective wave, b - 2nd, etc…
Each higher step/grade is marked with Capital letter + apostrophe after the ; e.g.: ‘ - 2 steps higher, ‘’-3 steps, ‘’’ - 4 steps
A’ B’ C’ 2 steps higher
A B C 1 step higher
a b c trading period
‘a ‘b ’c 1 step lower
‘’a ‘’b ‘’c 2 steps lower
Each lower step/grade marked with apostrophe before the lowercase letter; e.g.: ‘a - 1 step lower, ‘’a - 2 steps lower, ‘’’a - 3 steps lower
Impulse move, or the move towards the presumed main trend direction, is indicated with “i” followed by the wave number
Each higher step/grade is marked with Capital “i” which stands for Impulse + apostrophe after the impulse wave number e.g.: I1’ - 1st impulse wave 2 steps higher, I1’' - 3 steps, I1’’’ - 4 steps
I1’ I2’ I3’ 2 steps higher
I1 I2 I3 1 step higher
i1 i2 i3 trading period
‘i1 ‘i2 ‘i3 1 step lower
‘’i1 ‘’i2 ‘’i3 2 steps lower
Corrective move is marked with letters, where a - 1st corrective wave, b - 2nd, etc…
Each higher step/grade is marked with Capital letter + apostrophe after the ; e.g.: ‘ - 2 steps higher, ‘’-3 steps, ‘’’ - 4 steps
A’ B’ C’ 2 steps higher
A B C 1 step higher
a b c trading period
‘a ‘b ’c 1 step lower
‘’a ‘’b ‘’c 2 steps lower
Each lower step/grade marked with apostrophe before the lowercase letter; e.g.: ‘a - 1 step lower, ‘’a - 2 steps lower, ‘’’a - 3 steps lower
