A Wave Counting Exercise and Current Analysis of TGT
A Close Look at Diagonal Patterns
A Technique for Calculating the Wave Five Target
The Importance of the Guidelines to a Pattern
Coffee – Top to Bottom, Past and Present
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- Wave Patterns
- Flat (3-3-5)
- Double Three
- Double Zigzag
- Complex Corrections
- Indicators, Oscillators and Techniques
- Japanese Candlesticks
- Kennedy Channeling Technique
- Moving Averages
- Relative Strength Index (RSI)
- The Donchian Channel
- Williams % R
- Trend and Momentum
- Chart Patterns
- Chart Reading
- Price Gaps
- Bar Patterns
- Rules and Guidelines
- Depth of Corrective Waves
- Throw Over
- Post-Triangle Thrust Momentum
- The Right Look
- Counting Waves Correctly
- Wave Counting
- Live Events
- Variations and Complexities
- Trading Strategies
- Entering Positions
- Exiting Positions
- Finding Opportunities
- Managing Risk
- Market Timing Techniques
Visual Guide to Elliott Wave Trading
Trader Tools: How to Bolster Your Wave Count Using 'Classic' Indicators
U.S. Intraday Stocks Pro Service editor Robert Kelley shows you how to combine "classic" market indicators with Elliott waves in real time. You'll learn new, practical techniques that you can add to your toolbox right away.
Put the KSI Indicator to Work in Your Trading Plan
U.S. Intraday Stocks Pro Service Editor Robert Kelley walks you through the KSI indicator and shows you how to put it to work in your personal trading plan.
Sharpen Your Skills: Learn to Spot Big Tops in the S&P 500
U.S. Intraday Stocks Pro Service editor Robert Kelley shows you reliable indicators that have helped him spot big tops since the 2009 low. Learn what to look for when these indicators scream "Top!" Expect to come away with new tools to add to your trading arsenal.
Elliott Wave Principle - Key to Market Behavior
The Kennedy Channeling Technique
The Wave Principle Applied
Learning Fundamentals: Truncation
Elliott used the word “failure” to describe a situation in which the fifth wave does not move beyond the end of the third. We prefer the less connotative term, “truncation,” or “truncated fifth.” A truncation can usually be verified by noting that the presumed fifth wave contains the necessary five subwaves, as illustrated in Figures 1 and 2. Truncation often occurs following a particularly strong third wave.
Truncation gives warning of underlying weakness or strength in the market. In application, a truncated fifth wave will often cut short an expected target. This annoyance is counterbalanced by its clear implications for persistence in the new direction of trend.
Key Takeaway: A truncation suggests underlying strength or weakness and an impending market reversal.
For a complete description, please read Elliott Wave Principle: Key to Market Behavior by Robert Prechter and A.J. Frost.