
On-Demand Video Lesson
Robert Kelley’s 3 Favorite
Trade Setups
Advanced Level | 1 hour
Veteran Elliott Wave instructor Robert Kelley breaks down his favorite three high-confidence, low-risk trade setups using real market examples.
Find out what 3 trade setups Robert Kelley returns to again and again.
In My 3 Favorite Trade Setups, Robert walks you through the three patterns he relies on most when analyzing markets. Using real examples — including the S&P 500, Alibaba (BABA), Palo Alto Networks (PANW), PNC Bank (PNC), U.S. Steel (X), Lockheed Martin (LMT), and Apple (AAPL) — he shows how these setups tend to appear in both bull and bear market conditions.
In this one-hour, on-demand video, you’ll see how each setup develops on actual price charts and how wave structure helps surface clear decision points — without relying on hindsight or idealized examples.
The three setups covered are:
- 5th waves — classic impulsive moves that often complete a trend.
- Third waves and C waves — strong trend-defining legs with structural clarity.
- Ending diagonals — patterns that can presage sharp reversals.
Each setup offers clear structure, helping separate actionable opportunities from market noise.
Meet Your Instructor:

Robert Kelley, Senior U.S. Equtiy Analyst and Trader’s Classroom Instructor
Robert Kelley, CEWA, joined Elliott Wave International in 1990 and originally edited The Elliott Wave Short Term Update, the Currency and Commodity Hotline and the currency section of The Elliott Wave Currency and Commodity Forecast newsletter.
After many years of passionately studying and trading using the Wave Principle, he now produces video lessons for EWI’s popular Trader’s Classroom, an educational service that shows subscribers how to trade with wave analysis and supporting technical methods. You will see some of those lessons in this workshop.
What does Robert like about teaching?: “I enjoy sharing the knowledge that I’ve developed over the years. I’ve been doing this for quite a while, so to offer it to other people—and to get the feedback from them letting you know that it’s helping—that’s definitely gratifying.”
He also provides intraday analysis for U.S. stock indexes in EWI’s Pro Services.
What People Say About Robert Kelley:
A Message From Robert:
Hello!
I’ve been relying on Elliott waves for trading decisions for over 30 years. It’s fascinating to me that prices still reliably display the same patterns they did 30 years ago — or 300 years ago! That’s because while technology changes, human psychology stays the same. And opportunities and risks still come and go in the same, recognizable patterns.
Today I want to show you how to shrink your Elliott wave trade setups down to just 3. These are the same 3 setups I look for in my own charts when I’m trying to spot a high-confidence opportunity: 5th waves, 3rds and Cs, and Ending diagonals.
I like these particular setups because they’re high-potential, low-risk, and easy to spot. And they work in both directions. This quick course will take only about 1 hour in our virtual classroom.
Sound good? Let’s get started!
Sincerely,
Robert Kelley
Elliott Wave International
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- How to Use the Wave Principle to Boost Your Forex Trading ($79)
- Trading The Elliott Waves – Winning Strategies For Timing Entry & Exit Moves ($71)
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