Before we get started, allow me to say hello!
I’m Richard, and I am deeply thankful that you’re here taking advantage of an opportunity to change your life just like I did a few short years ago.
I am a real trader that trades for a living. Like so many traders out there I have had a very difficult path to becoming consistently profitable. After spending thousands of dollars on courses or so called “expert advisers,” trying to make an honest living from trading, I was at wit’s end.
I very nearly threw in the towel on this endeavor many times, but with hard work and a never-say-die attitude, I eventually started making money consistently.
There’s a lot of misleading information about trading out there, and they almost always promise you lots of money with very little effort. But after years of developing my own strategy I’ve combined a few powerful analytical techniques that compliment each other very well, resulting in a low-risk, high-yield strategy that has performed very well for me over the years.
I’ve always wondered how much money, time, and effort I could have saved if I had my strategy sooner, which is why I genuinely market this strategy: to help fellow traders out there start understanding price action for what it is, and to trade it with discipline.
If you’re like me, and the millions of other people who have attempted trading using Price Action, you’ve looked at the patterns and repetitions on your charts and thought: “There must be a science to this. If I just knew the right thing to look for, I could predict what may happen next.”
In this free training, you will see that when we say “Hidden Elements” we aren’t referring to the individual analysis components. The components we will discuss are actually widely popular. However, it is the science of pulling the “predictable” elements together to create a winning strategy that is hidden from almost every trader out there.
We call that science “Market Geometry,” which is just a fancy way of saying that we measure and forecast based on the predictable aspects of Price Action trading.
**Remember: The majority of market moves are not patterns, but patterns do exist within the chaos if you know what to look for. If you focus on the predictable aspects of the market and ignore the chaos, you can approach the market in a scientific, profitable manner.
Before You Get Started…
Please remember that this free report will only scratch the surface of what you’ll need to know to truly master market structure.
Yes, it is extremely important to understand these elements first, but you’ll still need to work hard to develop your strategy and the rest of your knowledge around these components.
If you want the shortcut to really master this stuff, I have put my life’s work into a true curriculum that will give you every tool and resource you need to become a successful trader.
I even back it up with a unique (and borderline crazy) guarantee.
So if you want to be fully immersed in becoming a successful trader, I highly recommend that you signup for my complete Propulsion Method video series for just $21.
You’ll even get lifetime access and a personal dashboard on my website. Check it out here.
Now, on to the 3 Hidden Elements of Market Geometry…
Element 1: Waves
It’s not a new practice to use waves to analyze or forecast markets. However, understanding the real balance of these waves and how to apply the other elements to these waves is what will give you a significant advantage over other traders.
When you understand how the waves work, where you are within a given cycle, and how to forecast multiple future price possibilities, that’s when you will be in a position to make winning trades, which is what this eBook is all about.
With most things in trading, it is easier to learn by visualizing the concepts, so let’s take a look at two examples of the wave patterns you’ll want to recognize.
The structure of a trending market is evident in both these pictures.
The basic market structure of an uptrend tells us that while price is moving up it will make a series of Higher Highs (HH) and as the market briefly pulls back downwards, a series of Higher Lows (HL) before continuing the uptrend.
Inversely, a downtrend will make a series of Lower Lows (LL) and as it briefly corrects upwards a series of Higher Lows (HL) before resuming the trend downwards.
R.N. Elliot defined market structure by labeling these trends and corrections with numbers and letters. He used numbers to label the trends (as well the main trend), i.e. 1–5, and the letters A–B–C to mark out corrections.
My use of the Elliott Wave Principle is to define trends and identify corrections within the confines of market geometry.
Let’s take a look at a detailed example:
The image above depicts the nature of wave structure within a trend.
If you look at the overall trend, it is clearly up, and I used labeling to define the evolution of the trend with numbers 1 – 5 in black.
These are your primary wave counts. The primary wave counts subdivide into smaller waves as follows:
- Wave 1: 5 waves up (marked in grey).
- Wave 2: a – b – c (marked in red) and making a higher low and not going lower than the start of wave 1.
- Wave 3: Again 5 waves up, but this time the magnitude of wave 3 is much larger than wave 1.
- Wave 4: A repeat of wave 2’s structure, once again in an a – b – c format.
- Wave 5: Another 5 smaller waves up, typically preceding the high of wave 3.
Trends tend to tell a story that can help us in our overall analysis. They are also repetitive in nature.
To be able to “read” a trend we need a way to “measure” a trend, and identify our position within such a trend, in order to make better trading decisions.
Wave 1: Typically the shortest of all the waves. We generally won’t know that it’s wave 1 until it’s followed by a corrective wave that does not break the starting point of wave 1.
Wave 2: A Corrective Wave that tends to move in an overlapping fashion (corrective waves will be studied in detail later), and does not go lower than the origin of wave 1 before moving up again, creating a higher low in this example.
Wave 3: Is what we call an Impulse Wave, as this wave’s magnitude is always larger than wave 1. The impulse wave also tends to have a steeper angle of ascent than wave 1.
**If you look closely at the 5 wave structures, even the smaller sub structures, you will notice that wave 3 is always the longest. This is a very important characteristic to take note of.
Wave 4: Another Corrective Wave, and this wave should never retrace lower than the high of wave 1. If wave 4 were to go lower than the high of wave 1, it will provide us with a sign that the previous wave structure was in fact not a trend, but probably some sort of correction instead!
Wave 5: Will generally break the high of wave 3 in another 5 smaller waves, and is generally the same measured length as wave 1. It is during this wave that we need to be cautious of a possible change in trend direction. In a lot of cases, wave 5 won’t move in an impulsive manner and have a flatter angle of ascent compared to wave 3.
Knowing where you are within a trend is one of the most powerful tools for a trader and understanding the geometry of market waves is critical to being able to do just that.
Element 2: Implementing Pitchforks
The pitchfork (image below) is used to determine market direction and structure, almost as if we’re “mapping” the possible path of price in the future. This will, of course, helps us make winning trades.
A pitchfork is typically drawn using 3 major pivots on a chart (marked A–B–C) and projected forward in time. The first pivot is the starting point of the pitchfork and is named the Median Line (ML).
The second and third pivots are used to determine the final angle, or slope, which is always parallel to the ML. These are called the Upper Median Line (UML) and Lower Median Line (LML). The Median Line dissects pivots Band C in the middle (halfway between B and C).
Most charting software has the Andrews Pitchfork as a standard drawing tool. By simply selecting the starting pivot first, then selecting two additional pivots after, the drawing tool will automatically draw itself at the right angle forward in time, making it very easy to use.
By using the Wave element and knowing where we are within the trend, we know which direction is a more profitable opportunity for us to trade and the potential for price movement.
Now, by adding the Pitchfork to the appropriate pivot based on our wave forecast, we can hone in on fabulous trade possibilities.
Element 3: Fibonacci
Some of the most widely used technical tools in trading are Fibonacci Ratios.
These ratios were discovered by a thirteenth century mathematician named Leonardo Fibonacci. Traders commonly use these ratios to identify possible areas of support or resistance.
There is a wealth of knowledge to be found about Fibonacci ratios by doing a quick internet search; however, all you need to know about them for our current purposes is the very basics.
A Fibonacci retracement can be drawn when connecting two extreme points on a chart, usually a previous high to a most recent low in a downward trending market, or a previous low with a most recent high in an upward trending market.
I also use them to measure specific characteristics that corrections and waves tend to display.
The ratios we recommend using for trade decisions are as follows:
Below these retracement ratios are displayed as vertical lines on a downward trending market.
To draw a retracement in the example above, I selected two swing points: I used an important high from which price moved strongly down (Point A), and connected it to a most recent swing low (Point B) from which price moved up.
If we are of the opinion that price will continue lower at some stage, without taking out the high at point A, we would expect our Fibonacci ratios to act as resistance.
In this example, price respected the 50% level briefly, but touched the exact 61.8% ratio shortly after, and reversed strongly down.
This is the power of Fibonacci Ratios and why so many traders use them!
We will be using another Fibonacci trading tool, called Fibonacci Extensions, in our technical analysis. Fibonacci Extensions are a way of projecting these ratios forward in time to find possible areas of support or resistance in the future.
Price tends to react to these extensions when they eventually reach them, and they make good targets to trade toward when entering a position. We will also use them to measure corrections and for identifying wave characteristics.
The ratios we recommend using for trade decisions are as follows:
Below these extension ratios are displayed as vertical lines on an upward trending market.
In the example above, I selected three swing points to draw an extension. I used an important low, from which price moved up (Point A), and connected it to a most recent swing high (Point B). Price then made a higher low (Point C), and moved upward again, breaking the high of Point B.
Before we draw our extensions, we need a higher low followed by the break of a previous high.
If we are of the opinion that price will continue higher, we would expect our Fibonacci ratios to act us resistance.
In this example price respected the 100%, 161.8%, and 200% levels.
It should now be fairly evident that Fibonacci ratios are very important technical analysis tools that can help us measure market structure.
You can see that by combining these elements together we have built an incredibly scientific and predictable approach to trading price action.
Rather than looking for a special candlestick pattern (which is like trading based on flipping a coin!), we are trading within market structure by scientifically analyzing market components to tell us the 4 most important things any trader can know:
1. What is the trend doing?
2. Where are we within the trend cycle right now?
3. Where are viable entry points to enter during the next trend move?
4. Where are viable exit points to take my profit once it’s achieved?
When you know those 4 pieces of information, you are leaps and bounds ahead of the average trader. By studying market geometry and applying your own strategy to what you’ve learned in this free eBook, we are confident that you will see vast improvement.
Looking Ahead: More of My Methodology
In this report, I’ve only had time to scratch the surface of understanding market structure and how to trade within it.
If you would like to learn more of my methodology – plus my own exact entry methods for finding the highest profitability trades that most traders completely miss – I highly recommend my Propulsion Method video series.
It’s the next step in learning how to master market structure and take control of your trading.
Hey traders, it’s Richard from Price Action & Income.
I want to show you my “Propulsion Method,” and how it can put your trades on the fast track to help you scale your account by as much as 420% in a single year…
…all without risking more than a tiny fraction of your equity on a single trade.
This Propulsion Method can be applied to accounts of ANY size, and to any freely traded market.
I’ve even been able to double my account balance on a single trade without risking more than 2%… And I’ll show you my trade history to prove it.
But first, I want to shed some light on the journey that got me here. You see, this wasn’t an approach that I developed overnight.
When I opened my first trading account over twelve years ago, I only had $50 to start. And that $50 went fast. I lost that money, and subsequent deposits, almost as quickly as I could scrape the funds together.
And that’s an experience most of us can relate to. It wasn’t long after that I started looking for help online, and in another experience common to traders, I wasted thousands of dollars on tools and so-called experts, only to have the same disappointing results.
I wasn’t ready to give up just yet though, and was eventually fortunate enough to land a job on a trading floor in Cape Town.
I learned a lot in that fast-paced environment, and I’m forever grateful for the experience. But as I got older… my priorities started to shift. I didn’t want to give up trading, but I wanted more time with my family. More time to focus on my personal goals. More time to live life on my terms.
And I knew I couldn’t accomplish those things if I was staring at screens and charts all day.
So I buckled down, drew from everything I’d learned, and started developing a trading strategy that would fit my personality and time constraints.
By combining a few powerful analytical techniques that compliment each other, I established a low-risk/high-yield strategy that has allowed me to continually scale my accounts – without taking on substantial risks to my capital or living in front of my screens.
So what’s the secret? Well, there isn’t one. There’s no “secret” candlestick pattern. There’s no “magic” indicator. There’s just price action.
In any market – regardless of varying models – there is a science to how price moves. This is called “Market Geometry.”
And here’s the thing – when you understand the science of how price moves, you can identify the structures of Market Geometry and begin to trade within the natural flow of market movement – rather than battle the seemingly “chaotic” eruptions of price.
Now, if you stick with me… I’m going to tell you about a special video training series that I put together that explains this entire Propulsion Method.
You see, I’ve often wondered how much time and money I could’ve saved if I’d only had this strategy sooner. Which got me thinking, “How do I reach traders who are in the same position I was just a few years go?”
I knew I had to share this. I knew I had to get it out there. So I developed a complete guide to my methodology, and packed it full of charts, examples, and detailed guides so that anyone can learn to scale their account quickly and with consistency.
In this three-part video series, that I call “The Propulsion Method,” you’ll quickly discover:
How to spot 100%, 300%, and even 800% ROI trades, including REAL examples of these exact types of trades – and how to manage those positions until you take profit
How to apply a specific set of Market Geometry tools to find these entries – including the most overlooked tool in your trading platform
How to see through the “noise” and identify natural market movement
How it all ties together and how you can start applying this to your trades right away
And you don’t have to take my word for it. Take a look at this:
If you knew what to look for, you could’ve taken this CAD/USD trade a few months back… and you’d have doubled your account balance in a single trade.
That’s right. ONE trade. And that’s without risking more than 2% of your equity.
And, look, that’s an ideal setup. I’m not saying you’ll be doubling your account on every trade, or even every month, but that’s the potential of Propulsion.
Here are a few other recent setups…
Crude Oil – 26.78% Account Growth
Boeing – 3.99% Account Growth
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And, the best part of Propulsion is that you only need to win roughly half of your trades to maintain rapid and consistent account growth!
Let’s take a look at my trade performance in 2018:
With just a 60% win rate, I was able to QUADRUPLE my total account balance in only 8 months.
Now that you’ve seen the power of Propulsion…
You’re probably bracing for the exorbitant price tag that you’d expect on something with this much profit potential.
And sure, this stuff is INCREDIBLY valuable; it’s basically my life’s work. And while I do have programs that range in price from $300 all the way to $3000.
There’s no way I’m keeping this video series locked behind a massive paywall. It would defeat the entire purpose of what I set out to do, which is to share my success with others.
So if you’re ready to take control of your trades and start scaling your account faster than you thought possible, you can get started with the first video session for just $14.
That’s right, for the price of a movie ticket, you can start writing your success story.
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Now, to put that in perspective, you’re getting personalized training that could easily go for upwards of $500 an hour… for just seven bucks an hour.
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My team and I are committed to helping you find the kind of returns that will rapidly scale your account, but if for any reason you don’t find those trades or don’t think we’ve lived up to your expectations at any point within the first 30 days…
Send me an email and I’ll refund your investment. I’ll even let you keep the videos as a show of good faith. That’s how confident I am in my strategy.
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Sounds great, right? Well here’s what you should do next:
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Now before I go, I have to give you a heads up…
This offer isn’t available to just anyone. It’s actually only available to those who signed up for my eBook today, and if you close this window it’ll be gone forever.
This offer is NOT for lazy traders. We all know the type. And while I’m absolutely 100% confident in my Propulsion Method, maintaining steady profits is never “easy” and we can save each other a lot of time if you’re not willing to put in the work.
So with that out of the way… Here’s a quick refresher:
You’re either getting my first Propulsion Method video session for $14, or all three for just $21, plus LIFETIME access to my support staff.
Oh, and I almost forgot to mention…
The first 100 sign-ups will also receive FIVE bonus training modules and all of my slides!
Each bonus training module is packed with powerful tips and tricks to reinforce the strategy, and tackle important topics ranging from trade management to psychology and best practices.
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My team and I will be waiting on the other side. Thanks for sticking around, and I’ll see you soon.
Senior Trader and Market Analyst
Price Action & Income