Forex Trading Using Fibonacci and Elliott Wave By Todd Gordon

Course Overview

This course offers a mentor-style, practical execution-focused framework for applying the combined power of the Elliott Wave Principle and Fibonacci retracement/extension analysis in the foreign-exchange market. Todd Gordon draws on his real-world experience as a senior technical strategist to show how you can map wave structure, align Fibonacci levels, and deploy high-probability entries and exits in major currency pairs.

The training emphasises disciplined planning, clarity in trade definition (entry, stop, target), and the psychology & risk-management foundations of consistent performance. By the end of the course you’ll move beyond knowing “that theory exists” to being able to apply it in live FX charts, calibrate your entries, manage your risk, and let winners run while controlling drawdowns. According to the publisher synopsis: “Simple, ready-to-use explanations of Fibonacci and Elliott Wave … powerful FOREX trading psychology tactics … specific patterns and strategies that have proven effective at profiting from FOREX.”

Core Concepts:

The course builds in three interconnected areas:

Wave Structure & Market Context – You’ll learn to distinguish motive vs corrective waves, recognise multi-degree wave structures in FX pairs, and incorporate inter-market analysis (leading/lagging currencies, commodities, yields) to enhance trend-context. Part of the course description mentions a presentation covering “three dimensions of trading: inter-market analysis, identifying trading opportunities using Elliott Wave and Fibonacci patterns, and account management.”

Fibonacci Alignment & Trade Setup – The methodology emphasises using Fibonacci retracement and extension levels (e.g., 38.2 %, 50 %, 61.8 %; extensions like 1.272, 1.618) in conjunction with wave counts. These “confluence zones” then serve as precise entry triggers, stop zones and target zones — enhancing your edge by aligning wave-structure with price geometry and market rhythm.

Execution, Risk & Psychology – Beyond pure chart patterns, the course focuses on trade planning: defining setup, risk, reward, stop placement, sizing and trade management. It also covers trading psychology tactics to handle fear, greed and discipline challenges — as one synopsis puts it: “powerful FOREX trading psychology tactics that enable you to exploit fear and greed.”

Course Modules / Content Overview:

While full module titles may vary or evolve, the publicly-described flow includes:

• Introduction & market context: understanding the FX arena, currency trends, leadership and inter-market flows
• Elliott Wave refresher: motive versus corrective, degrees, rules & guidelines
• Fibonacci foundations: retracements, extensions, timing zones and how to draw them accurately
• Combined Wave + Fib setups: aligning structure and price geometry, setting up entries, managing stop-losses and profit targets
• Live chart walkthroughs: real-world currency-pair trades, time-frame alignment, trade journaling
• Risk management & psychology: position sizing, drawdown control, journaling, execution discipline
• Advanced refinements: multiple time-frame alignment, complex sequences, situational adaptations
• Review and trading-plan development: building your method into a repeatable system.

Instructor’s Insight

Todd Gordon brings a disciplined, transparent style shaped by institutional trading experience and public commentary. He emphasises that technical frameworks only deliver when executed with discipline, not just when they “look right”. His approach merges wave theory and Fibonacci geometry with the everyday realities of trade management, risk control and psychological resilience. For traders who are serious about building a system rather than chasing setups, his method offers a clear pathway.

Forex Trading Using Fibonacci and Elliott Wave By Todd Gordon