Description
Visual Guide to Elliott Wave Trading assumes a basic familiarity with the Wave Principle and its application. Much like a strategy book for chess assumes a basic knowledge of how the pieces move around the board, this book assumes a basic knowledge of the various patterns of the Wave Principle and how they fit together.
If you are already an experienced Elliott wave practitioner and simply need a refresher, the Appendix reviews these basic building blocks and their structures. Both of us have traded for a living at one time or another. Each of us during those times used the Elliott Wave Principle as our primary discipline. Visual Guide to Elliott Wave Trading walks you through a highly personal journey of our thought processes throughout each trade: what we looked at, what we ignored, what we did right, and what we did wrong.
We do not present perfect-world examples that will leave you convinced that you can trade your way to wealth in 30 minutes while golfing the rest of the day. Rather, we have tried to produce a realistic trading book, warts and all, recognizing that while there may be no one perfect way to trade, there are various ways to trade successfully using the Wave Principle as your primary discipline.
Contents:
- The Anatomy of Elliott Wave Trading
- How Zigzags and Flats Set Up a Trade for the Next Impulse Wave
- How a Triangle Positions You for the Next Move
- Riding Wave C in a Zigzag
- Using Ending Diagonals to Trade Swift and Sharp Reversals
- Applying Technical Indicators
- A Basic Options Trade
- More Advanced Options Trades
- Parting Thoughts
