BN.com Gift Guide

Mastering Elliott Wave Principle: Elementary Concepts, Wave Patterns, and Practice Exercises [NOOK Book]

Overview

With twenty years of experience helping traders become more proficient in applying the Elliott Wave Principle (EWP) to their trading endeavors, author Connie Brown knows how difficult it can be. But over the years—as her skills have been shaped by the markets and the traders she has mentored—Brown has refined her way of teaching this subject so that even the most challenged individual may finally see markets move within correct wave patterns.

While EWP can be a tough topic, this...

See more details below
Mastering Elliott Wave Principle: Elementary Concepts, Wave Patterns, and Practice Exercises

Available on NOOK devices and apps  
  • NOOK Devices
  • Samsung Galaxy Tab 4 NOOK 7.0
  • Samsung Galaxy Tab 4 NOOK 10.1
  • NOOK HD Tablet
  • NOOK HD+ Tablet
  • NOOK eReaders
  • NOOK Color
  • NOOK Tablet
  • Tablet/Phone
  • NOOK for Windows 8 Tablet
  • NOOK for iOS
  • NOOK for Android
  • NOOK Kids for iPad
  • PC/Mac
  • NOOK for Windows 8
  • NOOK for PC
  • NOOK for Mac
  • NOOK for Web

Want a NOOK? Explore Now

NOOK Book (eBook)
$42.99
BN.com price
(Save 42%)$75.00 List Price
Note: This NOOK Book can be purchased in bulk. Please email us for more information.

Overview

With twenty years of experience helping traders become more proficient in applying the Elliott Wave Principle (EWP) to their trading endeavors, author Connie Brown knows how difficult it can be. But over the years—as her skills have been shaped by the markets and the traders she has mentored—Brown has refined her way of teaching this subject so that even the most challenged individual may finally see markets move within correct wave patterns.

While EWP can be a tough topic, this book eases you into the technique by taking you step by step through Elliott Wave analysis. Preliminary coaching unravels common misunderstandings that tend to sabotage those getting started. First, you'll discover how price swings and waves are not the same. Then you'll see how the elements of balance and proportion, skills developed from the study of geometry, are not subjective.

With this information in hand, you'll quickly begin your journey to becoming a better trader by building a solid foundation in this discipline. And with the exercises included throughout these chapters, you'll also be able to test your knowledge of the concepts covered before moving on to other topics. Along the way, this reliable resource breaks down the basics of EWP and:

Through the use of boxes you learn how markets move in proportional units to easily see when market swings are incomplete

Addresses how to use proportional subdivisions within price data to forecast target prices

Provides a firm understanding of the basic patterns that evolve in trending and corrective market moves

Uncovers the greatest misconception in the industry about triangles

And much more . . .

To conclude Mastering Elliott Wave Principle are two examinations. A practice exam will allow you to shake out some of the common problems that you might have missed while reading through the book. The final exam will help truly measure your understanding of the issues explored—by uncovering any remaining weak spots that may exist—and ensure that you begin to see basic patterns.

If you want to become a better trader, the information found here can help you achieve this goal. With Mastering Elliott Wave Principle as your guide, you'll be in a better position to trade today's dynamic markets.

Read More Show Less

Product Details

  • ISBN-13: 9781118235157
  • Publisher: Wiley
  • Publication date: 3/15/2012
  • Series: Bloomberg Financial , #124
  • Sold by: Barnes & Noble
  • Format: eBook
  • Edition number: 1
  • Pages: 176
  • Sales rank: 1,206,270
  • File size: 11 MB
  • Note: This product may take a few minutes to download.

Meet the Author

Constance Brown, CMT, is the founder of Aerodynamic Investments Inc. (www.aeroinvest.com). Connie trades for an institutional bank and offers research and analysis to financial institutions worldwide. She also trains other advanced professionals and hedge fund managers. The Market Technicians Association in New York has members in seventy countries. The organization selected her book Technical Analysis for the Trading Professional, Second Edition as required study for the final certification examination for the CMT (Chartered Market Technician). She has written nine books and was recently the editor of the Journal of Technical Analysis. Brown has been a professional trader with extensive global experience trading futures markets since 1991.

Read More Show Less

Table of Contents

Acknowledgments xi

Introduction xiii

Why this Teaching Approach is Different xiii

Elliott Waves and Market Swings Are Not the Same xvi

Are Attributes of Balance and Proportion Subjective? No. xxi

CHAPTER 1 Using the Elliott Wave Principle to Evaluate Mass Psychology 1

Geometric Proportion in Market Data 2

CHAPTER 2 The Patterns That Describe Trending Market Movement 17

Impulse Waves Create Market Trends 18

How to Label a Specific Price Pivot 23

Using Fewer Bars to Represent Complete Impulse Waves 24

Working with Impulse Waves in Strong Trends 26

Termination Diagonal Triangles: An Introduction 35

CHAPTER 3 The Basic Patterns That Describe Corrective Market Movement 39

How to Examine Corrective Price Movement 40

A Zigzag Corrective Pattern 43

A Flat Corrective Pattern 49

An Expanded Flat Corrective Pattern 53

The Triangle Corrective Patterns 58

CHAPTER 4 Diagonal Triangles (Wedges) 67

Termination Diagonal Triangle Pattern 67

Leading Diagonal Triangle Pattern—Type 2 73

CHAPTER 5 A Summary with Study Flash Cards for Patterns, Rules, and Guidelines 77

Study Flash Cards for the Basic Patterns 78

A Summary of Rules and Guidelines 83

A Table of Degree Labels and Names 85

Beginner Level: Practice Examination 86

Beginner Level: Final Examination 95

Exercise Appendix 105

About the Author 137

Index 139

Read More Show Less

Customer Reviews

Be the first to write a review
( 0 )
Rating Distribution

5 Star

(0)

4 Star

(0)

3 Star

(0)

2 Star

(0)

1 Star

(0)

Your Rating:

Your Name: Create a Pen Name or

Barnes & Noble.com Review Rules

Our reader reviews allow you to share your comments on titles you liked, or didn't, with others. By submitting an online review, you are representing to Barnes & Noble.com that all information contained in your review is original and accurate in all respects, and that the submission of such content by you and the posting of such content by Barnes & Noble.com does not and will not violate the rights of any third party. Please follow the rules below to help ensure that your review can be posted.

Reviews by Our Customers Under the Age of 13

We highly value and respect everyone's opinion concerning the titles we offer. However, we cannot allow persons under the age of 13 to have accounts at BN.com or to post customer reviews. Please see our Terms of Use for more details.

What to exclude from your review:

Please do not write about reviews, commentary, or information posted on the product page. If you see any errors in the information on the product page, please send us an email.

Reviews should not contain any of the following:

  • - HTML tags, profanity, obscenities, vulgarities, or comments that defame anyone
  • - Time-sensitive information such as tour dates, signings, lectures, etc.
  • - Single-word reviews. Other people will read your review to discover why you liked or didn't like the title. Be descriptive.
  • - Comments focusing on the author or that may ruin the ending for others
  • - Phone numbers, addresses, URLs
  • - Pricing and availability information or alternative ordering information
  • - Advertisements or commercial solicitation

Reminder:

  • - By submitting a review, you grant to Barnes & Noble.com and its sublicensees the royalty-free, perpetual, irrevocable right and license to use the review in accordance with the Barnes & Noble.com Terms of Use.
  • - Barnes & Noble.com reserves the right not to post any review -- particularly those that do not follow the terms and conditions of these Rules. Barnes & Noble.com also reserves the right to remove any review at any time without notice.
  • - See Terms of Use for other conditions and disclaimers.
Search for Products You'd Like to Recommend

Recommend other products that relate to your review. Just search for them below and share!

Create a Pen Name

Your Pen Name is your unique identity on BN.com. It will appear on the reviews you write and other website activities. Your Pen Name cannot be edited, changed or deleted once submitted.

 
Your Pen Name can be any combination of alphanumeric characters (plus - and _), and must be at least two characters long.

Continue Anonymously

    If you find inappropriate content, please report it to Barnes & Noble
    Why is this product inappropriate?
    Comments (optional)