Elliott Wave –  trading the Wave 3

In this Trade Review for ODLF (Old Dominion Freight Line), Rob identifies a bullish Wave 3 pattern combined with a well-formed DMI as the confirming indicator for the trade.

Rob goes on to explain his rationale for timing the exit based on a Doji and the Positive Directional Indicator suggesting strength was waning for the upward trend.

All in all, this ODLF trade resulted in a 20% Return for our Trade Alert subscribers in just 11 Days!

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Your Guide to Elliott Wave Theory – The ultimate in-depth guide!

Elliott Wave theory is a broad area of knowledge making it very difficult for beginners to know where to start!

This video from Rob Roy is designed to kick off your Elliott Wave journey by giving you a broad overview of the concepts that you will need to understand in order to start trading with Elliott Wave.

View Elliott Wave for Beginners