Mastering Elliott Wave Principle Elementary Concepts, Wave Patterns, and Practice Exercises

An innovative approach to applying Elliott Wave Principle to integrated global markets By convention, the Elliott Wave Principle (EWP) is applied by individual market price movement. Mastering it will effectively show you how the global markets are integrated. The approach found in this book differs from the traditional view of EWP because it allows traders to see a chain of cause and effect between markets in order to better identify waves and thereby make smarter trades of higher probability. While EWP can be a challenging topic, the structure of this book eases you into the technique. With Mastering Elliott Wave Principle veteran author Connie Brown takes you step-by-step through Elliott Wave analysis. To begin, preliminary coaching unravels common misunderstandings that sabotage the beginner. You will discover how price swings and waves are not the same. Elements of balance and proportion are mathematical concepts taught through geometry and not subjective. These basic skills evolve with each part of the book. Beginners will understand what to expect from their level of skill and how to evolve towards advanced skills of forecasting global market direction. There are three distinct levels of skill that all masters of EWP have learned. Now there is a book to challenge and guide your understanding at each skill level so you can build upon a correct foundation and develop a working knowledge of how to define market positions around the world in short or long term time horizons. Bring your biases, bring your past concerns and discover how each part is designed with an exam to test your comprehension and knowledge up to that point. Details how incorporating cash flow analysis into your interpretations of the Elliott Wave Principle can take your trading to the next level Traders, from beginners to advanced, can use this book to become proficient in the Elliott Wave Principle Contains practice charts to compare your understanding and skill level with follow-up discussions of how you may have differed based on the results from twenty years of coaching If you want to become a better trader or simply understand global market movements, the information found here can help you achieve this goal. Mastering Elliott Wave Principle offers you an innovative approach to trading todays dynamic and volatile markets.