Description
Breakthrough Strategies for Predicting Any Market: Charting Elliott Wave, Lucas, Fibonacci and Time for Profit
Breakthrough Strategies for Predicting Any Market provides easy to understand text with excellent chart examples. Jeff describes wave patterns and points out the mistake most Elliotticians make with triangles.
He delves into when to expect these patterns with a methodology that is original to this work-the time bars usually confirm the pattern and most will complete in the correct number of Fibonacci or Lucas time bars.
Author’s Introduction:
An important section on Elliott waves provides explicit rules and takes you far beyond basic Elliott pattern recognition. Jeff shows that the time elements exist on every chart in order to give you a total awareness of what market precision looks like. You are dealing with the specific language of the market-bull and bear phases in any degree of trend have unique characteristics.
Breakthrough Strategies for Predicting Any Market introduces the time element on technical analysis charts and incorporates it into existing methodologies you already use.
We build on it slowly from one chapter to the next. There are other books that cover the time dimension, but they don’t include Lucas to the degree done so here. My goal is to simplify it in such a way as to make it a practical extension of technical analysis.
Gann started this work, and for the most part it has not caught on with the masses because it is very complicated and takes too many years to learn. I’m not going to hit you over the head with Gann wheels or angles.
My job is to take something very complex and present it in a practical way that won’t take years to learn. Mind you, don’t confuse simple with easy. This takes work, but I believe it is very rewarding and well worth the effort. No matter how well this works, though, if it doesn’t become fun, you won’t adopt it as part of your game plan.
By the time you are finished with this book, your understanding of Elliott will be exponentially greater than it is now. You will be able to eliminate much of the subjectivity of Elliott and confirm patterns based on the time element of the charts. You will be able to recognize tops and bottoms as well as the many smaller turns in the markets.
You will be able to look at a chart and determine the direction more easily than ever before. You will be able to combine this methodology with other popular indicators and use it with greater effectiveness.
Contents:
- Closing the Gap
- A New Look at the Language of Elliott Waves
- Rotation in the Markets
- Candlesticks and the Time Element
- Divergences
- Volume Studies, Moving Averages, and the Time Element
- Hitting Moving Targets-Fibonacci Price Projections
- Advanced Projection Techniques
- Timing the Forex Market
- Mental Toughness
- Practice Makes Profits
