Breakthrough Strategies for Predicting Any Market: Charting Elliott Wave, Lucas, Fibonacci and Time for Profit

by Jeff Greenblatt, Dawn Bolton-Smith (Foreword by)

Overview

Breakthrough Strategies for Predicting Any Market is one of the most innovative approaches to technical analysis in the 21st century. Compiled from years of extensive research, Jeff Greenblatt shows how understanding the time dimension of the market will illuminate the hidden power of your technical tools and release the winning trade potential you have strived for.

Detailed case studies and charts reveal a high-probability pattern recognition system that exposes how the markets really work. Inspired by the breakthrough tactics of the great WD Gann, Greenblatt's system allows for greater precision in any instrument you trade, on any time frame. This type of in-depth technical insight is truly rare and a potentially priceless addition to your trading strategy.

Master the concepts in this book and you'll soon be able to:

• recognize and profit from the profound influence the Lucas Series exerts on all markets in all degrees of trend,
• determine market rotation and when a correction is likely to end,
• combine candlesticks with market timing to pinpoint high probability reversal periods,
• capitalize with momentum indicators to identify when a bullish or bearish divergence is likely to kick in,
• combine volume patterns with timing pattern recognition to isolate and take advantage of high probability breakout points,
• project reversals in terms of price and time with advanced Fibonacci calculations.

Breakthrough Strategies for Predicting Any Market is a must-read for any market technician. Learn these powerful tactics and profit from one of the truly emerging methodologies available in the market today.

Product Details

ISBN-13:	9781118538425
Publisher:	Wiley
Publication date:	09/27/2012
Series:	Wiley Trading , #53
Sold by:	JOHN WILEY & SONS
Format:	eBook
Pages:	344
File size:	19 MB
Note:	This product may take a few minutes to download.

About the Author

Jeff Greenblatt, a private trader for the past eight years, is the editor of The Fibonacci Forecaster, a market timing letter with circulation to traders and money managers in 17 countries that covers stocks, bonds, precious metals, currencies, and the crude oil market. A regular contributor to Futuresmag.com and Futures magazine, he has also published articles in Your Trading Edge magazine from Australia and The Trader’s Journal from Singapore. He speaks at various trading conventions and has been featured on KFNN 1510 Financial News Radio.

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Table of Contents

Foreword xi

Acknowledgements xvii

Introduction xxi

1. Closing the Gap 1

Impulse Waves 3

Corrective Waves 6

Triangles 9

Diagonal Triangles 11

Sentiment 12

My Experience with Elliott 15

2. A New Look at the Language of Elliott Waves 17

Introduction to Time Relationships 20

Examining Corrections 23

In-Depth Look at Triangles 30

The Overlap Rule 33

3. Rotation in the Markets 41

Bear Rotations 44

The Entire Cycle from Bull to Bear Rotation 48

Advanced Set-ups 51

Sideways Markets 62

4. Candlesticks and the Time Element 67

Support and Resistance 69

Polarity Lines and Zones 79

Putting It All Together: Time Resistance 82

5. Divergences 89

MACD and Divergences 90

Intraday Case Studies 97

6. Volume Studies, Moving Averages, and the Time Element 115

Moving Averages and Time Clusters 116

Adding Volume to the Mix 120

Tracking Bull to Bear 122

Timing Cup and Handle Patterns 125

7. Hitting Moving Targets—Fibonacci

Price Projections 137

Creating Projections 139

Introductory Case Studies 140

Advanced Case Studies 157

8. Advanced Projection Techniques 163

Going the Extra Mile 164

Extensions Based on Corrections 166

Variations on Gartley for Corrective Wave Patterns 168

Adding the Time Element 174

Extensions off Triangle Breakouts 182

Larger Degree Projections 185

Advanced Calculations 190

9. Timing the Forex Market 195

Examining the Charts 197

10. Mental Toughness 213

Taking out the Garbage 214

The Zone 221

Developing Mental Toughness 223

Becoming a Nonconformist 229

Living in the Present 231

Exploring Different Methodologies 235

11. Practice Makes Profits 241

Practice Patience 242

High-Probability Set-ups with MACD Divergence 245

Calculating High Probability Targets 253

Buying Dips, Selling Rallies 267

Buying off Corrections 273

12. Conclusion 275

Bibliography 279

Glossary 282

Index 294

About the Author 311