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Elliott Waves Made Simple: Master Elliott Waves Techniques In Less Than 48 Hours
HOW TO MASTER THE BEST TOOL IN ANALYZING PRICE MOVEMENTS AND MARKET BEHAVIORS?The Elliott Wave digs into the basics of candlestick movements on the charts, whether in Forex, Stock, ETF, or Options trading... Each trader may have heard of the Elliott Wave theory, but many of them may find it overwhelming and complicated. The Elliott Wave concept does have a steeper learning curve than other types of analysis. However, I believe it is one of the best forecasting tools available to traders and investors in the financial markets.
The use of Elliott Waves analysis, in combination with other tools, would highly stack the odds in your favor. This is especially useful for detecting big and major movements in any financial market chart.Needless to say, when you fail to determine big movements in the market correctly, trading is more or less a gamble, and things become much more dangerous those times. This book would save you from those unexpected situations, and pave the way for consistent profits.
Inside, what you will learn
How do the Motive and Corrective Phases shape and what are the secrets behind those movements?A detailed breakdown of Motive and Corrective waves on the chart;How to combine Elliott Wave with other tools and chart patterns to make the best use of price actions in trading?How can RSI be combined with Elliott Waves to anticipate potential new trend initiation?Two powerful methods of trading different waves in the Elliott cycle.And many real trade examples that bring you a clearer view of the secrets behind Elliott Waves trading.
Would you like to discover more?
Click the "Buy Now With 1-Click" button to download and master the Elliott Waves techniques in less than 48 hours.
The use of Elliott Waves analysis, in combination with other tools, would highly stack the odds in your favor. This is especially useful for detecting big and major movements in any financial market chart.Needless to say, when you fail to determine big movements in the market correctly, trading is more or less a gamble, and things become much more dangerous those times. This book would save you from those unexpected situations, and pave the way for consistent profits.
Inside, what you will learn
How do the Motive and Corrective Phases shape and what are the secrets behind those movements?A detailed breakdown of Motive and Corrective waves on the chart;How to combine Elliott Wave with other tools and chart patterns to make the best use of price actions in trading?How can RSI be combined with Elliott Waves to anticipate potential new trend initiation?Two powerful methods of trading different waves in the Elliott cycle.And many real trade examples that bring you a clearer view of the secrets behind Elliott Waves trading.
Would you like to discover more?
Click the "Buy Now With 1-Click" button to download and master the Elliott Waves techniques in less than 48 hours.
- GenresFinance
111 pages, Kindle Edition
Published February 28, 2018
373 people are currently reading
270 people want to read
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Displaying 1 - 22 of 22 reviews
May 24, 2022
For every beginner who wanted to trade in a market, he or she must find a place to start. Elliott Waves was the place for many, including me, to start their journey. I find it certainly a good place to start as it is a fantastic scene to start with. As time moves on, however, you'll wonder if it is an illusion, one that disappoints, and as subjective as it is, depending on how and when you look at it, it changes the picture and tells a different story every time. Elliot Waves is a beauty in the eyes of the beholders.
The problem of Elliot Waves lies in the counts, where you start and where you would want it to end. It is a theory devised by Ralph Nelson Elliot, born in the late 19th century, an accountant by trade, claiming that he had deciphered the Nature's Law - The Secret of the Universe and found the enigma code in stock market. Based on collective human behavior, the stock price runs according to a five-wave principle and so a trend is formed with these five waves. Knowing where you are in the trend, of course, is a huge edge in the stock market to make money because then, you would know where to buy low and sell high.
Enters the book "Elliot Waves Made Simple" by Steve Sinclair. In an attempt to explain Elliot Waves principles and techniques in simple terms, the author summarizes the gist of the them and make a presentation of the theory in this little book with a lot of pictures, graphs and trade examples. Basically, there are two phases in a five-wave trend, namely, the Motive phase and the Correction phase. In each phase, there are different types of wave patterns and the author explains them one by one with rules on the pattern, for example, wave 2 should never go below the starting point of wave 1, wave 4 must hold above the start of wave 2, etc.
Overall, the book is meant to be facilitating recognition of the variety of wave patterns. The book achieves its objectives to explain the patterns and the rules. To the more initiated, however, there is no discussion on some of the more important questions like the best timeframe to use the Elliot Waves techniques, trade setups with Elliot Waves analysis, risk management, etc. Of course, all these would perhaps be more suitable for a longer book, not a book under 100 pages. It would still be a long way if one is to master the Elliot Wave techniques.
The problem of Elliot Waves lies in the counts, where you start and where you would want it to end. It is a theory devised by Ralph Nelson Elliot, born in the late 19th century, an accountant by trade, claiming that he had deciphered the Nature's Law - The Secret of the Universe and found the enigma code in stock market. Based on collective human behavior, the stock price runs according to a five-wave principle and so a trend is formed with these five waves. Knowing where you are in the trend, of course, is a huge edge in the stock market to make money because then, you would know where to buy low and sell high.
Enters the book "Elliot Waves Made Simple" by Steve Sinclair. In an attempt to explain Elliot Waves principles and techniques in simple terms, the author summarizes the gist of the them and make a presentation of the theory in this little book with a lot of pictures, graphs and trade examples. Basically, there are two phases in a five-wave trend, namely, the Motive phase and the Correction phase. In each phase, there are different types of wave patterns and the author explains them one by one with rules on the pattern, for example, wave 2 should never go below the starting point of wave 1, wave 4 must hold above the start of wave 2, etc.
Overall, the book is meant to be facilitating recognition of the variety of wave patterns. The book achieves its objectives to explain the patterns and the rules. To the more initiated, however, there is no discussion on some of the more important questions like the best timeframe to use the Elliot Waves techniques, trade setups with Elliot Waves analysis, risk management, etc. Of course, all these would perhaps be more suitable for a longer book, not a book under 100 pages. It would still be a long way if one is to master the Elliot Wave techniques.
January 8, 2020
Nice book
I have to say that is one of the best books I have read on trading. Simply it works .thanks author
I have to say that is one of the best books I have read on trading. Simply it works .thanks author
July 11, 2025
Not so simple
If this is simple, idk how much complex original Elliott will be 😮💨. Dropped it after starting the trading style chapter
Of course, it seems author tried to simplify as much possible. But still not simple enough for beginners.
First of all, before identifying wave patterns, you have to teach how correctly mark the points 1,2,3,4,5,A,B,C. Because what you marked are not all just HH,HL,LL,LH.
May be should try after sometime in future 🤞.
If this is simple, idk how much complex original Elliott will be 😮💨. Dropped it after starting the trading style chapter
Of course, it seems author tried to simplify as much possible. But still not simple enough for beginners.
First of all, before identifying wave patterns, you have to teach how correctly mark the points 1,2,3,4,5,A,B,C. Because what you marked are not all just HH,HL,LL,LH.
May be should try after sometime in future 🤞.
Read
September 26, 2021Simply superb....
I read this book 5 times till now. I have started finding out wave structures on historical charts and it is working really beautifully.
Book is very simple to understand, illustrative examples are helping to understand the concept.
I will be using this for options selling.
Thank you so much for great efforts.
I read this book 5 times till now. I have started finding out wave structures on historical charts and it is working really beautifully.
Book is very simple to understand, illustrative examples are helping to understand the concept.
I will be using this for options selling.
Thank you so much for great efforts.
August 22, 2020
Practical application of Elliot waves
This book helps in practical application of Elliot wave with more objectivity for a beginner. What has been explained is easy to understand and comprehend, a step in the right direction with respect to elliot
This book helps in practical application of Elliot wave with more objectivity for a beginner. What has been explained is easy to understand and comprehend, a step in the right direction with respect to elliot
March 11, 2021
Good introduction
This is a good attempt at explaining the basics of the Elliot Waves. The author has successfully introduced the reader into the subject. I enjoyed reading it and profited by it. Thank you for writing the book.
This is a good attempt at explaining the basics of the Elliot Waves. The author has successfully introduced the reader into the subject. I enjoyed reading it and profited by it. Thank you for writing the book.
December 11, 2021
Good explanation of all the details.
Very helpful book. A lot of examples. Simply explained the details. Hence easy to understand.
Easy read too. Thank you.
Strongly recommended this book.
Very helpful book. A lot of examples. Simply explained the details. Hence easy to understand.
Easy read too. Thank you.
Strongly recommended this book.
February 27, 2022
Best book I've read on Elliott
Out there in marketplace, there are numerous of books teaching you Elliott wave concept, this by far is the best book I've read and the way it cleared concepts and doubts.. just amazing.
Out there in marketplace, there are numerous of books teaching you Elliott wave concept, this by far is the best book I've read and the way it cleared concepts and doubts.. just amazing.
April 17, 2022
Must read. EWP simplified.
Most authors and experts complicate and intimidate the public about EWP. But Steve has done an excellent job in EWP training to the most simplest, yet practical, format.
Most authors and experts complicate and intimidate the public about EWP. But Steve has done an excellent job in EWP training to the most simplest, yet practical, format.
September 12, 2022
Nicely explained, in detail
I would say that I have learnt a lot from this book about behavior of the market, probable movement of the market applying Elliot Waves study and rules. Thank you very much for sharing valuable information through this book.
I would say that I have learnt a lot from this book about behavior of the market, probable movement of the market applying Elliot Waves study and rules. Thank you very much for sharing valuable information through this book.
November 10, 2024
concise, with essential knowledge about elliot wave
very concise book, no redundant verbiage. The author talked about the basic concept well, and give lots of example about how to apply it in real trading. I recommend this book.
very concise book, no redundant verbiage. The author talked about the basic concept well, and give lots of example about how to apply it in real trading. I recommend this book.
Currently reading
November 10, 2019first i have to read this
Want to read
October 9, 2020good
January 24, 2021
Great book - it has a few editing mistakes though
February 7, 2021
Elliott Waves Masterclass
A very nice, concise and at the same time a thorough course on understanding and practical applications of Elliot Waves Theory in trading.
A very nice, concise and at the same time a thorough course on understanding and practical applications of Elliot Waves Theory in trading.
April 5, 2021
Must read
Very good and concise explanation of the Elliott wave theory.
Must read for new traders to learn basics of Elliott wave theory.
Very good and concise explanation of the Elliott wave theory.
Must read for new traders to learn basics of Elliott wave theory.
September 30, 2021
Good book and usefuls
This is help me a lot. As I got a lot of information of Elliott`s wave. This book help me to summary to useful. This is also a great one of many books.
This is help me a lot. As I got a lot of information of Elliott`s wave. This book help me to summary to useful. This is also a great one of many books.
December 3, 2022
good
Need to read again to put in practice. Good info and will be able to practice and track trades on a practice level. Lots of math which I loved.
Need to read again to put in practice. Good info and will be able to practice and track trades on a practice level. Lots of math which I loved.
January 6, 2023
recomendado
Sale lo básico y varias cosas que debes saber y manejar si o si. Recomendado tanto para principiantes cómo avanzados.
Sale lo básico y varias cosas que debes saber y manejar si o si. Recomendado tanto para principiantes cómo avanzados.
March 11, 2023
Wonderful book.
The concepts, strategies and examples with pictures are really helpful. I will be using it in my everyday trade. Very useful.
The concepts, strategies and examples with pictures are really helpful. I will be using it in my everyday trade. Very useful.
October 18, 2022
Must read in Elliott Waves
I was trying to find a book which explains the concepts well but didn't want to read a bible. This book was the book I needed for analyzing the chart
I was trying to find a book which explains the concepts well but didn't want to read a bible. This book was the book I needed for analyzing the chart
April 14, 2020
Great Help Aide
This reference guide was very informative and easy to understand for a novice trader. Thank you for the guidance. I concur that it have changed my perspective on technical analysis. This aide will help make me a better trader.
This reference guide was very informative and easy to understand for a novice trader. Thank you for the guidance. I concur that it have changed my perspective on technical analysis. This aide will help make me a better trader.
Displaying 1 - 22 of 22 reviews