{"product_id":"v08-c05-tradfiv-pdf","title":"V.8:5 (192-194): Trading five-wave reversals Part 2 by Dan A. Dimock","description":"Trading five-wave reversals Part 2 by Dan A. Dimock\u003cbr\u003e\u003cbr\u003eIn \"Trading five-wave reversals\" (Stocks \u0026amp; Commodities, January 1990), I examined the one place in the market cycle where optimal entry into a win-win situation can occur: at the end of any wave C that has subdivided into five lesser waves of sufficient price range. I also mentioned a technique that can be used to find it. The discussion ended with the three wave classifications (1, B and X) that can follow these optimum entry points within the guidelines of the wave principle, reasoning that a potentially profitable trade with minimal risk is in the offing no matter which track the market picks.\u003cbr\u003e\u003cbr\u003eAs seen in Figure 1, the more profitable wave to enter is wave 1 of waves I, III or V. However, the possibility that corrective waves B or X could occur ahead of the major change in trend is what first deserves our attention. For example, will a 5-3-5 (zigzag):\u003cbr\u003e\u003cbr\u003e Conclude a corrective pattern with wave X to follow?\u003cbr\u003e\u003cbr\u003e Conclude an entire correction (so we can get into the next wave)? or\u003cbr\u003e\u003cbr\u003e Become wave A of a flat within the correctionwith more correction still to come?","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52133902025073,"sku":"\\V08\\C05\\TRADFIV.PDF","price":3.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_f6c21419-61ea-4280-b2de-80ecc18af298.jpg?v=1739656109","url":"https:\/\/shop.traders.com\/products\/v08-c05-tradfiv-pdf","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}