The 3 Essential Parts of an Elliott Wave Trade
July 7, 2013 11:53 amVideo
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When it comes to improving your wave-based analysis and technical
trades, three steps may sound simple enough. Yet if you have
any experience trading, you know that nothing about trading
is easy.
Senior Analyst Jeffrey Kennedy knows that it takes skill,
discipline and courage to execute a successful trade. In the
new book he has coauthored with EWI’s Wayne Gorman (now a
No.1 Amazon Bestseller), Visual Guide to Elliott
Wave Trading, he picks up where Frost and Prechter’s
classic textbook Elliott Wave Principle leaves off
to give you the perfect blend of traditional textbook analysis
and real-world application.
According to Kennedy, there are three key components of a successful trade:
In this excerpt (Part 1 of 3), Kennedy examines a high-confidence trade setup in Caterpillar (CAT).
Part One: Analyze the Price Charts
Stay tuned for parts 2 and 3 of this lesson.
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Wave Principle successfully with a FREE one-week primer:
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