Mastering Elliott Wave (Bloom Hardcover - 2012 - 1st Edition

With twenty years of experience helping traders become more proficient in applying the Elliott Wave Principle (EWP) to their trading endeavors, author Connie Brown knows how difficult it can be. But over the years--as her skills have been shaped by the markets and the traders she has mentored--Brown has refined her way of teaching this subject so that even the most challenged individual may finally see markets move within correct wave patterns.

While EWP can be a tough topic, this book eases you into the technique by taking you step by step through Elliott Wave analysis. Preliminary coaching unravels common misunderstandings that tend to sabotage those getting started. First, you'll discover how price swings and waves are not the same. Then you'll see how the elements of balance and proportion, skills developed from the study of geometry, are not subjective.

With this information in hand, you'll quickly begin your journey to becoming a better trader by building a solid foundation in this discipline. And with the exercises included throughout these chapters, you'll also be able to test your knowledge of the concepts covered before moving on to other topics. Along the way, this reliable resource breaks down the basics of EWP and:

Through the use of boxes you learn how markets move in proportional units to easily see when market swings are incomplete

Addresses how to use proportional subdivisions within price data to forecast target prices

Provides a firm understanding of the basic patterns that evolve in trending and corrective market moves

Uncovers the greatest misconception in the industry about triangles

And much more . . .

To conclude Mastering Elliott Wave Principle are two examinations. A practice exam will allow you to shake out some of the common problems that you might have missed while reading through the book. The final exam will help truly measure your understanding of the issues explored--by uncovering any remaining weak spots that may exist--and ensure that you begin to see basic patterns.

If you want to become a better trader, the information found here can help you achieve this goal. With Mastering Elliott Wave Principle as your guide, you'll be in a better position to trade today's dynamic markets.