{"id":31199,"date":"2012-08-02T23:11:12","date_gmt":"2012-08-02T23:11:12","guid":{"rendered":"http:\/\/countingpips.com\/forex-news\/?p=31199"},"modified":"2012-08-02T23:11:12","modified_gmt":"2012-08-02T23:11:12","slug":"basic-elliott-video-lesson-how-the-zigzag-measures-up","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex-news\/2012\/08\/02\/basic-elliott-video-lesson-how-the-zigzag-measures-up\/","title":{"rendered":"Basic Elliott Video Lesson &#8212; How the Zigzag Measures Up"},"content":{"rendered":"<h3><strong><span style=\"font-size: small;\">Quickly learn how to differentiate a zigzag from two common Elliott Wave patterns <\/span><\/strong><\/h3>\n<h3><span style=\"font-size: small;\">By Elliott Wave International<\/span><\/h3>\n<p>You&#8217;re not supposed to compare apples to oranges, but I do compare apples to apples: I prefer the classically mellow taste of Red Delicious to the grassy and tart Granny Smith.<\/p>\n<p>It can be a challenge to describe the differences between two similar objects. For example, I&#8217;d struggle to tell the difference between Pinot Grigio and Sauvignon Blanc in a taste test (and why I don&#8217;t try to earn a living as a sommelier).<\/p>\n<p>When it comes to Elliott Wave analysis, it can be difficult to distinguish among technical patterns on a price chart, especially when you&#8217;re new to trading.<\/p>\n<p>That said, now it&#8217;s your turn: can you explain how a zigzag compares to other corrective patterns?<\/p>\n<p>Watch this brief clip to learn what the zigzag shape looks like in contrast to the other sideways structures. (Note: If you are interested in getting a strong foundation in the Wave Principle, check out our free Elliott Wave Tutorial &#8212; find out how below.)<\/p>\n<p><span class=\"LimelightEmbeddedPlayer\"><script type=\"text\/javascript\" src=\"http:\/\/assets.delvenetworks.com\/player\/embed.js\"><\/script><object id=\"limelight_player_500796\" width=\"480\" height=\"411\" classid=\"clsid:d27cdb6e-ae6d-11cf-96b8-444553540000\" codebase=\"http:\/\/download.macromedia.com\/pub\/shockwave\/cabs\/flash\/swflash.cab#version=6,0,40,0\" name=\"limelight_player_500796\"><param name=\"wmode\" value=\"window\" \/><param name=\"allowScriptAccess\" value=\"always\" \/><param name=\"allowFullScreen\" value=\"true\" \/><param name=\"flashVars\" value=\"playerForm=703e7ca85a654ec9929a7d97ff7cd22c&amp;channelId=f3e5557585d24420b5a6d1641b553fc8&amp;deepLink=true\" \/><param name=\"src\" value=\"http:\/\/assets.delvenetworks.com\/player\/loader.swf\" \/><param name=\"allowscriptaccess\" value=\"always\" \/><param name=\"allowfullscreen\" value=\"true\" \/><param name=\"flashvars\" value=\"playerForm=703e7ca85a654ec9929a7d97ff7cd22c&amp;channelId=f3e5557585d24420b5a6d1641b553fc8&amp;deepLink=true\" \/><embed id=\"limelight_player_500796\" width=\"480\" height=\"411\" type=\"application\/x-shockwave-flash\" src=\"http:\/\/assets.delvenetworks.com\/player\/loader.swf\" wmode=\"window\" allowScriptAccess=\"always\" allowFullScreen=\"true\" flashVars=\"playerForm=703e7ca85a654ec9929a7d97ff7cd22c&amp;channelId=f3e5557585d24420b5a6d1641b553fc8&amp;deepLink=true\" allowscriptaccess=\"always\" allowfullscreen=\"true\" flashvars=\"playerForm=703e7ca85a654ec9929a7d97ff7cd22c&amp;channelId=f3e5557585d24420b5a6d1641b553fc8&amp;deepLink=true\" name=\"limelight_player_500796\" \/><\/object><\/span><\/p>\n<p>To understand corrective Elliott patterns (which move against the larger market trend) is to equip yourself to find opportunities in the direction of the trend. To be a consistently successful Elliott trader, the reality is that you need to be able to identify these forms as easily as a sommelier can distinguish a Malbec from a Chianti. How do you like <em>them<\/em> apples? \u00a0 <span class=\"LimelightEmbeddedPlayer\"><script type=\"text\/javascript\">\/\/ <![CDATA[\nLimelightPlayerUtil.initEmbed('limelight_player_500796');\n\/\/ ]]><\/script><\/span><\/p>\n<table>\n<tbody>\n<tr>\n<td width=\"142\"><a href=\"http:\/\/www.elliottwave.com\/r.asp?acn=9cp&amp;rcn=aa292&amp;dy=aa072512&amp;url=http:\/\/www.elliottwave.com\/club\/EWI-basic-tutorial\/default.aspx?code=30174\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.elliottwave.com\/images\/club\/web_ads\/3142-CG-Club-EWBasics.jpg\" alt=\"\" width=\"125\" height=\"150\" align=\"left\" border=\"0\" hspace=\"5\" \/><\/a><\/td>\n<td width=\"921\">If you are ready to improve your analysis, take the first step in educating yourself about the basics of the Wave Principle &#8212; <strong>access the FREE Online Tutorial from Elliott Wave International.<\/strong>The Elliott Wave Basic Tutorial is a 10-lesson comprehensive online course with the same content you&#8217;d receive in a formal training class &#8212; but you can learn at your own pace and review the material as many times as you like!<\/p>\n<p><span style=\"text-decoration: underline;\"><a href=\"http:\/\/www.elliottwave.com\/r.asp?acn=9cp&amp;rcn=aa292&amp;dy=aa072512&amp;url=http:\/\/www.elliottwave.com\/club\/EWI-basic-tutorial\/default.aspx?code=30174\"><strong>Get 10 FREE Lessons on The Elliott Wave Principle that Will Change the Way You Invest Forever &gt;&gt;<\/strong><\/a><\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div>\n<p><em>This article was syndicated by Elliott Wave International and was originally published under the headline <a href=\"http:\/\/www.elliottwave.com\/r.asp?acn=9cp&amp;rcn=aa292&amp;dy=aa072512&amp;url=http:\/\/www.elliottwave.com\/freeupdates\/archives\/2012\/07\/20\/Basic-Elliott-Video-Lesson----How-the-Zigzag-Measures-Up.aspx\"><strong>Basic Elliott Video Lesson &#8212; How the Zigzag Measures Up<\/strong><\/a>. EWI is the world&#8217;s largest market forecasting firm. Its staff of full-time analysts led by Chartered Market Technician Robert Prechter provides 24-hour-a-day market analysis to institutional and private investors around the world.<\/em><\/p>\n<p>&nbsp;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Quickly learn how to differentiate a zigzag from two common Elliott Wave patterns By Elliott Wave International You&#8217;re not supposed to compare apples to oranges, but I do compare apples to apples: I prefer the classically mellow taste of Red Delicious to the grassy and tart Granny Smith. It can be a challenge to describe &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/forex-news\/2012\/08\/02\/basic-elliott-video-lesson-how-the-zigzag-measures-up\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Basic Elliott Video Lesson &#8212; How the Zigzag Measures Up&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-31199","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/31199","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/comments?post=31199"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/posts\/31199\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/media?parent=31199"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/categories?post=31199"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex-news\/wp-json\/wp\/v2\/tags?post=31199"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}