The Elliott Wave Principle provides a comprehensive method of technical analysis based on crowd psychology and chart pattern recognition. Accomplished Elliott wave analyst I demonstrates how to turn simple Elliott wave analysis into trading strategies you can apply to almost any market -- from stocks to forex to commodities.
You will learn how the Wave Principle helps you to identify the trend and countertrend moves; how to see when the trend is likely to end and resume; how to spot high-confidence trade setups and price targets; and how to manage risk by identifying price points that invalidate your outlook.
I'll shows you the four waves within a basic Elliott wave pattern that offer the best trading opportunities. You will also learn how to trade a variety of wave patterns -- such as zigzags, triangles, flats and diagonals -- as well as how to manage risk with clear entry, exit and stop levels.
Which Elliott wave patterns are the most important
Which waves are best to trade -- and which waves you should skip
How to find high-confidence trade setups
How to either execute your trade -- or know when to stand aside
How to incorporate supporting technical analysis methods to add confidence to your outlook
Filled with examples from actual markets.
