Harmonic Elliott Wave — Step-by-Step Trading GuideUS Tech 100 IndexPEPPERSTONE:NAS100sunya📈 Harmonic Elliott Wave — Step-by-Step Trading Guide 🎓 Written for Absolute Beginners (Zero Trading Knowledge Required) 📘 HOW TO USE THIS PLAYBOOK This playbook is your action manual. The Knowledge Base (KB) explains the "what" and "why." This playbook tells you the "how" — exactly what to do, step by step, in real trading situations. Think of it like a recipe book: the KB teaches you about ingredients; this playbook gives you the exact recipes. 🛠️ PART 1: BEFORE YOU TRADE — SETUP CHECKLIST Step 1: Choose Your Trading Style Day Trade (5m to 1H): Minutes to hours. For active traders. Swing Trade (2H to 6H): Days to 1-2 weeks. For part-time traders. Positional Trade (1D to 12M): Weeks to months. For patient investors. Step 2: Set Up Your Chart Open TradingView and select your market (Gold, EURUSD, BTC). Set your primary timeframe based on Step 1. Add RSI Indicator (14-period). Have your HEW spreadsheet open alongside. Step 3: Start with the Bigger Picture ALWAYS start from a HIGHER timeframe and work DOWN: Day Traders: Start 4H ➡️ 1H ➡️ Execute on 15m/5m. Swing Traders: Start 1D ➡️ 4H ➡️ Execute on 2H. Positional: Start 1W ➡️ 1D ➡️ Execute on 1D. 🚀 PART 2: THE 9-STEP TRADE PROCESS STEP 1: IDENTIFY THE TREND DIRECTION (2 mins) 🔍 Look at your higher timeframe. ✅ Uptrend (Higher Highs) ➡️ Look for BUY ✅ Downtrend (Lower Lows) ➡️ Look for SELL ⚠️ Sideways ➡️ Wait, don't trade. STEP 2: LOCATE YOUR WAVE POSITION (5 mins) 🌊 Identify the recent swings. Wave (ii) forming: Pullback after a strong first move. Prepare to enter. Wave (iii) in progress: Strongest move beyond Wave (i) peak. Enter now. Wave (v) completing: Final push with RSI divergence. Prepare to exit. STEP 3: VALIDATE WITH THE HEW SPREADSHEET (3 mins) 📊 Enter High/Low values into your HEW.xlsx. Find the green input cells. Enter Start Price, Wave (i) High, Wave (ii) Low. Cluster Check: If multiple projections point to the same price, it is a HIGH CONFIDENCE target. STEP 4: TRADE ENTRY — THE 3 BEST POINTS 🎯 A. End of Wave (ii) — SAFEST Where: Fib levels 38.2%, 50%, or 61.8% of Wave (i). Confirmation: RSI momentum turns back toward trend. Stop Loss: Below start of Wave (i). B. End of Wave (iv) — MODERATE Where: 23.6%, 33.3%, or 38.2% of Wave (iii). Stop Loss: Below Wave (b) of Wave (iii). STEP 5: PLACE YOUR STOP LOSS — NON-NEGOTIABLE 🛡️ Risk Management Rule:Never risk more than 1-2% of your total capital on a single trade. After Wave (ii) Entry: Stop below start of Wave (i). After Wave (iv) Entry: Stop below Wave (b) of Wave (iii). STEP 6: SET YOUR TAKE PROFIT TARGETS 💰 Use a tiered approach (Take profits in stages): Target 1 (Conservative): First Fib projection. Take 33% profit. Target 2 (Moderate): Second projection (Cluster area). Take 33%. Target 3 (Aggressive): Extended projection. Let 34% run. STEP 7: MONITOR WITH RSI 📉 New Highs with Price: Trend is strong. HOLD. RSI Divergence: Price higher, RSI lower. TIGHTEN STOP/EXIT. RSI breaks 40 (Uptrend): Trend change warning. REDUCE SIZE. STEP 8: EXIT THE TRADE 🚪 🛑 Stop Loss Hit: Exit immediately. ⚠️ RSI Divergence at Target: Exit most of the position. 🎯 Price hits Wave (v) projection: Full Exit. 📝 PART 3: THE TRADER'S LOG After every trade, document: Which wave did I identify? Where was my stop and why? Did I follow the RSI confirmation? 🏁 QUICK CHEAT SHEET (Bookmark This!) UNBREAKABLE RULES: Wave (ii) NEVER retraces 100% of Wave (i). Wave (iii) is NEVER the shortest. Wave (iv) doesn't overlap Wave (i) territory. Wave (iv) NEVER passes Wave (b) of Wave (iii). NO Quadruple Threes — Triple Three = guaranteed end. Trade safe and always follow the count!