This book provides an explanation of the Elliott Wave theory into terms all traders can understand and successfully apply. The Elliott Wave Theory is a highly effective tool to help determine the financial condition of a given stock and how it will perform in the near future.

With the help of this book investors will be able to easily understand and apply the theory and profit from the results! This book also shows you how to: Combine Elliott Wave Theory with other technical analysis methods to produce optimal results. It would allow one to gain a basic understanding with the option to then go to the masters.

Utilize methods for anticipating, and profiting from, both long-term and short-term moves among listed stocks, and Gain from real-time examples of stock mrket forecast and analysis. Use the practical information and numerous charts in this book as a hedge against adverse moves in the financial market-you'll be glad you did!

All the book does is to discuss at a very simple level the main parts of elliot waves, coupled with some wyckoff, chart patterns, dow theory and other standard technical trading ideas such as trend lines. The discussions offer little insight and generally less information than from the standard TA books such as Murphy, Pring et al.

The book has so much quoting and so little actual comment from Mr Droke that it would not be surprising were he to be accused of plagiarism. An alternative would be to simply strip out the working bits and leave the less usable aspects of elliot alone.

Eliott Wave Theory provides immense profit potential - but sounds a bit intimidating. Now a noted market technician takes the mystery out of this effective technique without deluging readers with details. Find the basics of technical analysis and R.N. Elliott's simple proven theory.

Puts Elliott Wave theory into terms all traders can understand and apply succesfully. It will give you a great overview of elliot wave at its most basic level in relation to the market and goes into further detail.

if you know nothing about elliot wave and want to see if you want to make it a part of your trading plan then definitely get this book! for those intermediates of elliot wave that know what identify 5 waves, flats, expanded flats, fifth wave extensions, etc- forget this book! you are way too advanced for it to offer you anything.

Good luck in trading!

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7 December 2009 19:44 | ICQ: -- |

17 December 2009 21:21 | ICQ: -- |