Physical
In CirculationWave Principle Basics: Introduces the Elliott Wave Theory, explaining the concept of waves in financial markets based on crowd psychology and market cycles.
Identifying Market Trends: Discusses how to identify and interpret wave patterns to understand market trends, corrections, and reversals.
Wave Counting: Explains the process of counting and interpreting waves to predict potential future market movements.
Fibonacci Relationships: Explores the relationship between Elliott Waves and Fibonacci numbers, which are often used to predict potential price targets.
Patterns and Ratios: Discusses specific patterns and ratios within Elliott Waves that signal potential turning points or continuation of trends.
Applying Elliott Wave Principle: Provides practical guidance on applying the Elliott Wave Principle to different financial instruments like stocks, forex, or commodities.
Risk Management: Emphasizes the importance of risk management and stop-loss strategies when using Elliott Wave analysis for trading decisions.
Confirmation and Validation: Discusses methods to confirm Elliott Wave patterns using other technical indicators or chart analysis.
Psychology of Trading: Explores the psychological aspect of trading and how emotions can influence Elliott Wave analysis and trading decisions.
Limitations and Challenges: Acknowledges the limitations and challenges of Elliott Wave analysis, including subjectivity and interpretation difficulties.
Language | English |
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ISBN-10 | 1557388873 |
ISBN-13 | 978-1557388872 |
No of pages | 300 |
Font Size | Medium |
Book Publisher | Vision |
Published Date | 01 Mar 1995 |
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Perhaps the best and most simply presented presentation of the principles of the complex Elliott Wave Theory. An intelligent, well-written, thorough treatise an indispensable references on a difficult subject.