June 2013
Intermediate to advanced
263 pages
5h 55m
English
Content preview from Visual Guide to Elliott Wave Trading
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How a Triangle Positions You for the Next Move
Sideways price action and converging trendlines often signal a triangle pattern.
Trading a Triangle in Gold (GCA)
Let’s look at a good example of one in gold (GCA) to see how to trade a triangle (see Figure 3.1).
In late 2007, gold formed a contracting triangle, as indicated by the wave structure of the sideways price action in November and December and by the converging trendlines that connected the extremes of waves A and C, and B and D.
This chart also illustrates the entry guideline for trading a triangle, as discussed in Chapter 1, “The Anatomy of Elliott Wave Trading.” The guideline ...
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I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.