Mastering Elliott Wave Principle: Elementary Concepts, Wave Patterns, and Practice Exercises
$19.74
| Author(s) | |
|---|---|
| Product Type |
Ebook |
| Format |
|
| Skill Level |
Intermediate to Advanced |
| Pages |
160 |
| Publication Year |
2012 |
| Delivery |
Instant Download |
Mastering Elliott Wave Principle by Constance Brown is one of the most comprehensive and realistic guides ever written for traders who want to apply Elliott Wave theory to live market conditions. Rather than simply reciting textbook definitions of wave counts, Brown walks readers through the actual process of chart interpretation, decision-making, and trade management using the Elliott framework as a living, adaptive model. She explains how to move beyond rigid pattern labeling and instead develop a contextual understanding of market psychology, momentum shifts, and internal wave structure.
This book builds on decades of Brown’s professional experience as a market technician, refining Elliott’s original ideas to make them practical for modern traders. You’ll learn to analyze wave structures across multiple timeframes, identify critical turning points, and combine Elliott analysis with oscillators, Fibonacci ratios, and technical confirmation tools. More importantly, Brown teaches how to manage uncertainty—how to stay flexible when markets deviate from expected patterns, and how to re-evaluate wave counts with discipline.
Rich with annotated charts, real-world examples, and insightful commentary, this work transforms Elliott Wave from a theoretical concept into a decision-support system for traders who value structure, logic, and precision. Whether you trade equities, futures, forex, or indices, Mastering Elliott Wave Principle provides the roadmap to interpret market rhythm and stay aligned with price energy.
✅ What You’ll Learn:
- How to correctly identify wave patterns and sub-waves in real-time charts.
- Advanced guidelines for wave confirmation and invalidation.
- The correct application of Fibonacci ratios for projection and retracement.
- How to integrate momentum oscillators with wave counts.
- Multi-timeframe analysis for synchronizing entry and exit decisions.
- Practical methods for correcting wave counts when patterns fail.
- Techniques to distinguish impulsive and corrective phases in trending markets.
- Real examples of index, currency, and futures charts annotated step-by-step.
💡 Key Benefits
- Gain a structured, reality-based approach to Elliott Wave analysis.
- Improve timing and accuracy of trades with Fibonacci-based projections.
- Build the confidence to adjust wave counts without emotional bias.
- Strengthen overall market interpretation and forecasting skills.
- Learn directly from a seasoned market technician and CMT charterholder.
👤 Who This Book Is For:
This book is written for professional traders, market analysts, and serious students of technical analysis who already understand the basics of price patterns and indicators. It’s ideal for those who find traditional Elliott Wave texts too abstract and are looking for a disciplined, modern application of the principle in today’s markets.
📚 Table of Contents:
- Using the Elliott Wave Principle to Evaluate Mass Psychology
- The Patterns That Describe Trending Market Movement
- The Basic Patterns That Describe Corrective Market Movement
- Diagonal Triangles (Wedges)
- A Summary with Study Flash Cards for Patterns, Rules, and Guidelines
Mastering Elliott Wave Principle By Constance Brown
16 reviews for Mastering Elliott Wave Principle: Elementary Concepts, Wave Patterns, and Practice Exercises
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Roberto Meyers (verified owner) –
Very elementary and of very little benefit to me. Would not recomend to anyone interested in learning the wave principle.
Arturo Conway (verified owner) –
how can we understand small waves? you can learn this. my english not well. if the writer have used simple sentences , ı will give 5 stars. ı wait second book. ı am glad that spent my money and time for this book.
Luisa Weber (verified owner) –
Easy to understand. In my opinion it’s a great addition for those using Elliot wave principles.
Navy Thornton (verified owner) –
Great book to understand elliotwaves. Basically the book start from chapter 2. It is well understandable. if you want to learn about elliotwavs, do not only read this book. You can go to Youtube and type elliotwave patterns to learn more about elliotwaves. good luck.
Penelope Carey (verified owner) –
This book is too much for my meager mind. I understand the basic concept of the wave and the 5/3 pattern but then there is the “well perhaps if it doesn’t do this or that or the other”. The multitudinous alternative options are absolutely mind blowing.
Leyla Mora (verified owner) –
I like the way the book is written you get explanation then exercise then a test and you found the biggest takeaways appear in each of those phases , the writer did a great job can’t wait for the advanced one .
Ryann Travis (verified owner) –
Very helpful tips of applying EWP instead of just talking about theory. However the book requires some basic understanding of EWP or other technical analysis skills in order to follow up the content well.
Archer Newman (verified owner) –
While I will admit that the content of this book is decent (no other book quite tells you how to go from the messy market charts to getting a wave count). This book becomes the ultimate bait-and-switch. She doesn’t talk about the complex patterns that you see so often in the Forex markets and says that you will have to wait for the second book, but when you go to her web site to see what is going on with the second book, instead you are presented with courses that cost hundreds of dollars to learn the advanced topics. Apparently the second book on advanced Elliott Waves is a dead project. The preview to the Advanced Elliott Waves states that it was supposed to be published in 2015, but never materialized.
Fatima Hunter (verified owner) –
This book is exactly a typical Constance Brown book well thought, organized and innovative. I am a novice elliot wave student and was waiting for this book to come out since 6 months. This book is not a typical elliot wave book where author lays down the rules and all the description of the waves and then you get so lost in reading so much detail about the personality of wave and the rules that you actually forget to apply it practically. The author has introduced the concept by first teaching how to distinguish between price swings and waves which actually are different than most of us think. This is followed by explanation of effects of balance and proportion in the markets and how it can be used to identify elliot wave counts with her new approach.Then the author explains impulse waves and basic corrective patterns seen in the markets. After introducing new concept the author tries to actually test to see if the reader had understood before going forward with next topic. The amazing thing is that she has probably taught so many students that she actually knows where a elliot wave student would make mistakes and she points out every time she can. Also the author has shown the elliot wave counts for different time frames which actually helps to visualize in real time how to form a perspective when counting the waves. One of the main questions that I had was about which chart type to use and how to figure out if your count is right both of which have been answered. As the author said this book by itself will not help the reader become a master in elliot wave counting so will be waiting for the part 2 of the this series.
Kenzo Yu (verified owner) –
Among 3 Elliott wave books recommended by stock chart, it is the worst. Not systematic and too subjective, waste of time
Willie Harris (verified owner) –
This is the best book on Amazon for counting EW,earlier I read several book on this but miserably failed to count Here author shows different logic to count.
Crew Fleming (verified owner) –
Anything Constance Brown writes is worth reading IMHO. I have learnt from all the books of hers that I have read and thoroughly recommend this and her other titles to any technical analyst no matter how experienced.
Watson Gutierrez (verified owner) –
This book works well. I’m very interested in her followup book. Can you tell me where I can find her second book on the “WAVE”?
Sabrina Ballard (verified owner) –
When it comes to elliottwave analysis Prechter book used to be the only reference for it. The problem is you won’t find any other book that actually follow Robert Prechter Rules ( Eliottwave Rules ) in any other published books. Different technical people started tweaking and playing around as each one see it fit, which is not Elliottwave ! The major problem in Robert Prechter book is not really designed to take you step by step and how to do it in real life, you will defiantly have to get a copy from it though but when it comes to practicing elliottwave its completely something else. I had to read the book five times and subscribe to elliottwave newsletters just to understand how to actually do it. And I didn’t want to buy any other elliottwave books simply because I didn’t want to learn other RULES I wanted to learn from the source of the theory itself not from someone else played with it.
Oaklynn Harmon (verified owner) –
This book is not not a test book as any privious Constance Brown books. It is not the book for begginers. After reading you will not became prificient. What is important this book chalanges your intellect and show to you different view and prospective. What could be learn is depend on you. The book only gaves oppportunity to learn. We should be thanksful to the author for each hint she gave to us.
Malik Branch (verified owner) –
EWP simplified! A lot of concepts clarified although lacking in depth for beginning to learn EWP. I think that this book is a must for anyone who has previously studied EWP and is looking to refine the wave counts is confusing areas. The tests at the end ensure that you do grasp the concepts clearly.