Elliott Waves Made Simple: Master Elliott Waves Techniques In Less Than 48 Hours

by Steve Sinclair

While the Elliott Waves trading is considered an advanced trading technique, it reveals more regarding market sentiments and psychology. In other words, it digs into the basics of candlestick movements in the charts, even Forex, Stock, ETF or Options... Many traders have heard of the Elliott Wave theory, but some find it a bit overwhelming and complicated. The Elliott Wave concept does have a steeper learning curve than other types of analysis. However, I have found that it is one of the best forecasting tools available to Forex traders. The use of Elliott Waves analysis, in combination with other tools, would highly stack the odds in your favor or increase your chances of winning trades. This is especially useful for detecting big and major movements in any financial market charts. Needless to say, when you fail to predict any big movements of the market, trading is more or less a gamble, and things are 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 include: -How do the motive phase and the corrective phase shape and what are the secrets behind these movements?-What are classic types of motive and corrective phases on charts?-How can Elliott Waves and Fibonacci be combined to avoid false signals in the market?-What are the three reliable methods to Spot Waves Patterns Easily with Fibonacci?-How can RSI be combined with Elliott Waves Trading to put the odds in your favor in each trade?-What are three ways to trade conservatively using RSI?-What are three ways to trade aggressively using RSI?And much, much more real trade examples that give you a much clearer view of secrets behind Elliott Waves trading?Would you like to know more?Click here to download and master the Elliott Waves techniques inside in less than 48 hours.

Genres: Finance

94 pages, Paperback

Published March 31, 2018

Reviews

[Lawrence Hung · Rating 3 out of 5]

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.

[chu thang · Rating 5 out of 5]

Nice book

I have to say that is one of the best books I have read on trading. Simply it works .thanks author

[Elavarasan · Rating 2 out of 5]

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 🤞.

[Vijay Rokade]

Simply 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.

[Ganesh · Rating 5 out of 5]

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

[Joseph Malancharuvil · Rating 4 out of 5]

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.

[Rama · Rating 5 out of 5]

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.

[majid · Rating 5 out of 5]

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.

[ROOPESH · Rating 5 out of 5]

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.

[Ashish Mehta · Rating 5 out of 5]

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.

[Mingfeng Yang · Rating 4 out of 5]

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.

[Tanmay Goyal]

first i have to read this

[Ngụy Văn]

good

[Maher Sarieddine · Rating 4 out of 5]

Great book - it has a few editing mistakes though

[Nakul Saluja · Rating 5 out of 5]

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.

[navneet bhatnagar · Rating 5 out of 5]

Must read

Very good and concise explanation of the Elliott wave theory.
Must read for new traders to learn basics of Elliott wave theory.

[Mr. Tanat Pattrasikarn · Rating 5 out of 5]

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.

[Dawn · Rating 5 out of 5]

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.

[Eduardo murphy · Rating 5 out of 5]

recomendado

Sale lo básico y varias cosas que debes saber y manejar si o si. Recomendado tanto para principiantes cómo avanzados.

[Binoy Koshy · Rating 5 out of 5]

Wonderful book.

The concepts, strategies and examples with pictures are really helpful. I will be using it in my everyday trade. Very useful.

[Abhijith · Rating 5 out of 5]

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

[EDavis · Rating 5 out of 5]

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.