RISK DISCLOSURE STATEMENT / DISCLAIMER AGREEMENT

Trading any financial market involves risk. This report and all and any of its contents are neither a solicitation nor
an offer to Buy/Sell any financial market.
The contents of this material are for general information and educational purposes only [contents shall also mean
the website http://www.elliottwavedna.com or any website (“the sites”) the content is hosted on, and any email
correspondence or newsletters or postings related to such website]. Every effort has been made to accurately
represent this product and its potential. There is no guarantee that you will earn any money using the techniques,
ideas and software in these materials. Examples in these materials are not to be interpreted as a promise or
guarantee of earnings. Earning potential is entirely dependent on the person using the product, ideas and
techniques. We do not purport this to be a “get rich scheme.”
Although every attempt has been made to assure accuracy, we do not give any express or implied warranty as to
its accuracy. We do not accept any liability for error or omission. Examples are provided for illustrative purposes
only and should not be construed as investment advice or strategy.
No representation is being made that any account or trader will or is likely to achieve profits or losses similar to
those discussed in this report or on http://www.elliottwavedna.com or on the sites. Past performance is not
indicative of future results.
By purchasing any content, subscribing to our mailing list or using the website or contents of the website or
materials provided herewith, you will be deemed to have accepted these terms and conditions in full as appear
also on our site, as do our full earnings disclaimer and privacy policy and CFTC disclaimer and rule 4.41 to be
read here with. So too, all the materials contained within this course, including this manual, whether they appear
on our domain(s) or are in physical form, are protected by copyright. "Warning: The unauthorized reproduction or
distribution of this copyrighted work is illegal. Criminal copyright infringement, including infringement without
monetary gain, is investigated by the authorities and is punishable with imprisonment and a fine." We reserve all
our rights in this regard.
Alaziac Trading CC, in association with http://www.elliottwavedna.com, the sites, content, and its representatives
do not and cannot give investment advice or invite customers or readers to engage in investments through this
course or any part of it.
The information provided in this content is not intended for distribution to, or use by any person or entity in any
jurisdiction or country where such distribution or use would be contrary to law or regulation or which would
subject us to any registration requirement within such jurisdiction or country.
Hypothetical performance results have many inherent limitations, some of which are mentioned below. No
representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
In fact, there are frequently sharp differences between hypothetical performance results and actual results
subsequently achieved by any particular trading program and method.

One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of
hindsight. In addition, hypothetical trading does not involve financial risk and no hypothetical trading record can
completely account for the impact of financial risk in actual trading.
For example, the ability to withstand losses or to adhere to a particular trading program or system in spite of the
trading losses are material points that can also adversely affect trading results. There are numerous other factors
related to the market in general or to the implementation of any specific trading program, which cannot be fully
accounted for in the preparation of hypothetical performance results. All of which can adversely affect actual
trading results.
We reserve the right to change the set terms and conditions without notice. You can check for updates to this
disclaimer at any time by visiting http://www.elliottwavedna.com
Governing law: this policy and the use of this report / course / DVDs / eBook, provided in any form, and any
content on the website are governed by the laws of the Republic of South Africa. Further details on this are found
under the Terms and Conditions on our site. Please ensure you read and agree with all Terms and Conditions as
set out on our site before using any of the materials. Your use and reliance on the materials is based on your
acceptance of such Terms and Conditions and policies as appear on the site.
Nicola Delic Elliott Wave Swing Points

Welcome to
Elliott Wave Swing Points

In this special report you will learn how to approach Elliott Wave Theory
from other side, and how to simplify your Elliott Wave counting.

Swing Point & Elliott Waves

Market run in cycles, and every cycle have exact number of swings, now
to translate this to our Elliott Wave DNA strategy, we are going to look at
the cycles as Motive and Corrective Pahse and we are going to watch each
sub-wave as one swing point. Swing points are nothing more than high
and lows in the market, so all you need to count is high/lows and that’s
all.

Motive Phase Swing Points

Motive phase patterns run in the sequence of 5, 9, 13, 17, 21, 25, 29, 33,
37, 41… swing points.

5 9 13 17 21 25 29 33 37

5 swings = Impulsive Wave

9 swings = Extended Wave

Swing mentioned above can be used to identify Impulsive, Extended &

Leading Diagonal (Ending Diagonal have corrective structure so different
swing count).

www.elliottwavedna.com 3
Nicola Delic Elliott Wave Swing Points

Corrective Phase Swing Points

Corrective phase patterns run in the sequence of 3, 7, 11, 15, 19, 23, 27,
31, 35… swing points.

3 7 11 15 19 23 27 31 35

3 swings = A-B-C

7 swings = Double Three (W-X-Y)

11 Swings = Zig Zag

Swings mentioned above can be used to identify ZigZag and Complex

Corrections only.

www.elliottwavedna.com 4
Nicola Delic Elliott Wave Swing Points

Tools To Help Your Wave Counting

To help you spotting wave points faster we have designed one indicator
EWSwingPoints and you can download indicator just by clicking on the
link below.

www.elliottwavelab.com/lab/ewSwing

After you download and install the secret indicator, loading it to the chart
is easy part. Just drag the indicator to chart where you want to use it.

Once you drag it, just leave everything set as the default and click OK. If
everything was done correctly you should see orange dots on your charts
like shown on the chart below.

www.elliottwavedna.com 5
Nicola Delic Elliott Wave Swing Points

How to Use the EWSwingPoints Indicator

Now comes the interesting part. Every orange dot that you see on your
chart represents one swing point, and all you need to do is count the dots
from the beginning of the trend to the current price.

On the chart above, we can see a USD/CHF price movement on the 15-
minute time frame. First, we need to define a trend: The current trend
seems bearish and that’s why we are going to start counting from the top
(marked with the arrow on the chart).

We have a Low, Lower High, Lower Low, Lower High, and Lower Low.
Each swing point counts as +1. That gives us 5 swing points in total.

If we take a look at the table in the first chapter, we can see that the
number of swings matches the Motive pattern. Now all we need to do is to
find which of the four patterns in the Motive phase matches this one best.

www.elliottwavedna.com 6
Nicola Delic Elliott Wave Swing Points

On the chart above you can see that we have decided to go with simple
Impulsive waves (1-2-3-4-5 in yellow on the chart). So, since that 5w
ended the trend, we can expect to see a 3w pullback.

www.elliottwavedna.com 7
Nicola Delic Elliott Wave Swing Points

Example 2

The next chart that we are going to look with our swing indicator is
GBP/USD. Like the last time we start by finding the trend: in this case we
are in a bullish trend and that’s why we are going to start counting swings
from the bottom.

From the arrow that shows our starting point, we have a High, Higher
Low, Higher High, Higher Low, Higher High for a total of seven swings.
According to our table from the first chapter, we can see that this should
be a Corrective pattern.

We know that seven swings usually call for a double-three correction.

That’s why we are going to go with wave (w) at the 3rd swing. Swings 1-
2-3 are just smaller versions (a-b-c) of that (w).

www.elliottwavedna.com 8
Nicola Delic Elliott Wave Swing Points

After that 4th swing will be our wave (x), and the final swings 5-6-7 are
going to be our sub-wave (a-b-c) inside larger wave (y). After seven
swings we can expect to see a push in the opposite direction and for the
next Motive pattern (A 5-wave move down in this case).

www.elliottwavedna.com 9
Nicola Delic Elliott Wave Swing Points

Example 3

For our next example, we are going to look at the GBP/JPY 30-minute
chart. We can see that price action is bullish so we need to find a low in
the market where this upward trend started.

From the starting point we have a High, Higher Low, Higher High, Higher
Low, higher High, Higher Low, Higher High, Higher Low, Higher High. This
gives us a total swing count of nine.

After looking at the swing count we can see that nine swings are part of a
Motive pattern, so we need to find which Motive pattern fits here.

On the chart above you can see that we have labeled this as an Extended
pattern. We have waves (i) (ii), followed by a 5w inside the Extended
wave (iii), and after that we have (iv) and (v). After nine swings and a
completed Motive pattern, we can expect to see a push lower in a more
Corrective shape (3-waves).

www.elliottwavedna.com 10
Nicola Delic Elliott Wave Swing Points

Example 4

For the fourth example, we are again going to look at the GBP/JPY, and
just like last time we can see a nice upward trend. Starting from the
bottom we can see a High, Higher Low, Higher High, Higher Low, Higher
High, Higher Low, Higher High, Higher Low, and a Higher High.

Again we can get a total swing count of nine. So again we are going to
search for Motive pattern.

On the chart you can see that we labeled this bullish move as an
Extended wave, where wave [iii] (white) has been extended. Again, after
a motive pattern, end we can look for three waves down before we see
another push higher.

www.elliottwavedna.com 11
Nicola Delic Elliott Wave Swing Points

Important Things to Remember

I know that right now everything may seem simple for you, but there are
few things that you should never forget.

#1 – Always Validate Your Wave Count with the Rules.

Finding swing is the easy part, you also have the table to will tell you
what you can expect from your swing count, but you still need to check
the rules! If you see 5, 9, 13, 17… Go check the rules of the Motive
phase. If you see 3, 7, 11, 15… Check the Corrective wave rules.

#2 – Simplify Your Swing Counting

If you can see five swings that look exactly like a Motive pattern, just
count it as one swing and not five. This way you won’t get be caught up
counting 50-60 swings on your chart.

#3 – Start from turning points

Always. But always start counting from significant turning points in the
market. So find the trend, pick up the start, and start from High/Low.

www.elliottwavedna.com 12
Nicola Delic Elliott Wave Swing Points

Conclusion
I would like to share a few powerful tips that will help you get the most
out of trading with the Swing Points indicator on the Elliott Wave DNA
to give you the very best results.

Like I have mentioned, the indicator can be applied to all time frames and
currency pairs with equal success, but I personally prefer to trade it on
the following pairs as they tend to perform the best for me.

It might be different for you and that’s all right, but I’m sure you’re
curious to know the pairs that I trade so here they are: EUR/USD,
GBP/USD, USD/CHF, USD/JPY, AUD/USD, USD/CAD, EUR/JPY and
GBP/JPY.

I have also found that the best swing point indicator work best on the 15-
minute, 30-minute, 1-hour and 4-hour time frame.

This indicator has served me very well and I know that you will enjoy
trading it too. If you can follow the rules and these simple guidelines you
are well on your way to success as a trader.

I wish you the very best in all your trading endeavors.

www.elliottwavedna.com 13