Elliott Wave Notes 1

Topics: The 5th Wave Pages: 8 (1863 words) Published: November 20, 2014


1.1 the wave 1 extension distance rule

2.1 the shape of wave 2 rule
2.2 the short correction wave 2 rule
2.3 the forecast of wave 2 rule
2.4 the most common retracement of wave 2 rule

3.1 the 3rd of an extended third rule
3.2 the wave 3 steepness relative to wave 1 rule
3.3 the 2nd and 3rd targets of wave 3 rule

4.1 the triangle in fourth wave forecasting wave 5 rule
4.2 the length of wave 4 relative to a wave within it rule
4.3 the large correction of wave 2 forecasting wave 4 rule
4.4 the most common retracement of wave 4 rule
4.5 the forecasting of the terminus of wave 4 rule

5.1 the 1st & 3rd equal length rule
5.2 the wave 5 diagonal triangle rule
5.3 the wave five diagonal triangle throw over rule
5.4 the retracement of the 5th wave extension rule
5.5 the 5th wave diagonal triangle volume rule
5.6 the unextended fifth wave time rule
5.7 the wave 5 relative to the beginning of wave 1 to the end of wave 3 rule 5.8 the failed fifth wave rule
5.9 the length of wave 5 extended relative to the beginning of wave 1 to the end of wave 3 rule 5.10 the forecasting of the terminus of wave 5 using channels rule 5.11 the wave 4 trendline breakage relative to wave 5 rule

t.1 the truncated diagonal rule
t.2 the relationship between waves in a contracting and expanding triangle rule t.3 the 5th wave expanding triangle rule
t.4 the horizontal triangle rule
t.5 the wave e trendline breakage rule
t.6 the triangular apex resistance rule
t.7 the triangle long correction rule
t.8 the triangle failure to exceed wave 3 rule
t.9 the triangle breakout forecast rule

cw.1 the two types of corrective waves
cw.2 the decline in volume corrective wave rule
cw.3 the typical terminus of sharp corrections rule
cw.4 the typical retracement of sideway corrections rule
cw.5 the time corrective rule
cw.6 the length of corrections in extended waves rule
cw.7 the sharp correction price extremity rule

b.1 the length wave b relative to wave a in an expanded flat rule c.1 the length of wave c in an expanded flate relative to wave a rule c.2 the short wave a forecast of wave c rule
c.3 the irregular flat wave c rule
c.4 the forecast of wave c when wave b 1.6 of wave a rule

g.1 the common locations of extensions rule
g.2 the principle of alteration
g.3 the sudden surge in a prevailing trend rule
g.4 the low volume rule
g.5 what percentage of the time is spent on an impulse wave in the entire market

wave 1

1.1 the wave 1 extension distance rule
if wave 1 is extended the terminus of wave 2 divides the distance of the entire impulse wave into 62 and 38

wave 2

2.1 the shape of wave 2 rule
second waves frequently sport zigzags

2.2 the short correction wave 2 rule
if wave 2 corrects less than 50% than there is a greater chance of wave 3 being extended, especially if wave 2 is flat or irregular

2.3 the forecast of wave 2 rule
the wave principle does not offer any way to forecast termination of second waves

2.4 the most common retracement of wave 2 rule
wave 2 usually retraces 61 or 50 of wave 1

wave 3

3.1 the 3rd of an extended third rule
the third wave of an extended third wave is typically an extension as well,

3.2 the wave 3 steepness relative to wave 1 rule
wave 3 is usually steeper than wave 1

3.3 the 2nd and 3rd targets of wave 3 rule
if wave 3 exceeds 100% of wave 1 its next two targets are
1.62 or 4.62 [not 2.6]

wave 4

4.1 the triangle in fourth wave forecasting wave 5 rule
when a triangle occurs in the fourth wave position, wave five is sometimes swift and travels approximately the distance of the widest part of the triangle.

4.2 the length of wave 4 relative to a wave within it rule
wave 4 quite commonly spans a gross and/or net price range that has an equality or Fibonacci relationship to wave 2 of a lesser degree within it

4.3 the large correction of wave 2 forecasting wave 4 rule
if wave 2 retraces 62% then wave...
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