Elliott Wave – how a losing trade can turn to profit!

In this Trade Review for XLF (Financials Sector ETF), Rob discusses the merits of employing a fixed approach to profit/loss taking vs considering each trade on its own merits and deciding if an adjustment, rather than an exit, is more appropriate.

This is especially relevant given Elliott Wave is a system of impulses and corrections so there are times when a correction may occur within an impulse that does not disqualify the pattern.

This XLF trade is a prime example of how a losing trade, due to an interim correction, can turn around to become profitable.

In this example, the trade generated a 25% profit in 27 days for our Trade Alert subscribers!

This XLF trade returned 25% in 27 days for our Trade Alert subscribers!

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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