The Importance of the Guidelines to a Pattern
Coffee – Top to Bottom, Past and Present
How To Distinguish Between Wave C and 3?
Placing an Iron Condor Options Trade
How To Trade When Two Wave Counts Are Possible
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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: Zigzags
A single zigzag in a bull market is a simple three-wave declining pattern labeled A-B-C and subdividing 5-3-5. The top of wave B is noticeably lower than the start of wave A, as illustrated in Figures 1 and 2.
Occasionally zigzags will occur twice, or at most, three times in succession, particularly when the first zigzag falls short of a normal target. In these cases, each zigzag is separated by an intervening “three” (labeled X), producing what is called a double zigzag (see Figure 3) labeled W – X – Y.
Key Takeaway: Zigzags are sharp corrections wherein wave B NEVER exceeds the origin of wave A.
For a complete description, please read Elliott Wave Principle: Key to Market Behavior by Robert Prechter and A.J. Frost.