Elliot Wave Techniques Simplified: How to Use the Probability Matrix to Profit on More Trades

Bennett A. McDowell

ISBN 10: 0071819304 / ISBN 13: 9780071819305

Published by McGraw-Hill Education - Europe, 2016

About this Item

Shows you how to use Elliott Wave to read mass psychology signals and seize the advantage when entering markets. This title provides a systematic approach that he calls the "Probability Matrix." It reduces risk and increases profitability. Num Pages: 256 pages. BIC Classification: KCK; KFFM. Category: (P) Professional & Vocational. . . 2016. 1st Edition. Hardcover. . . . . Books ship from the US and Ireland.

Seller Inventory # V9780071819305

Bibliographic Details

• Title: Elliot Wave Techniques Simplified: How to Use the Probability Matrix to Profit on More Trades
• Publisher: McGraw-Hill Education - Europe
• Publication Date: 2016
• Language: English
• ISBN 10: 0071819304
• ISBN 13: 9780071819305
• Binding: Hardcover
• Condition: New

About this title

Synopsis

The Proven Trading Techniques Used by Professionals―Now Simplified for Every Level of Trader

 

Based on the principles of visionary analyst Ralph Nelson Elliott, the time-tested techniques you’ll find in this book have helped successful traders navigate the waves of the financial market since the 1930s. Now you can apply these classic but complicated methods using a modern, simplified approach that will help you identify cycles, anticipate trends, and cash in on your trades.

 

Developed and written by financial market expert Bennett A. McDowell―founder of TradersCoach.comŪ ―this easy-to-use guide shows you how to:

 

* Take the guesswork out of your trading strategy

* Read mass psychology signals and avoid emotional trading

* Identify market wave counts with the highest probabilities

* Combine classic and modern techniques for better results

* Anticipate and prepare for future price action in the market

* Sharpen your trading and forecasting skills for long-term success

 

Unlike other trading guides, this book provides a complete, systematic approach to Elliott Wave techniques based on “McDowell’s Probability Matrix,” a unique and powerful tool for verifying the signals of market trends and cycles through historic prices and patterns. You’ll find real-world case studies and step-by-step trading rules for McDowell’s favorite trade setups including the Flat Bottom Breakout and Wave 5 Breakout. You’ll be able to create your own probability matrix to identify the highest probability tradesand you’ll hear a firsthand account of McDowell’s system in action from a student of the “Trader’s Coach” himself. Best of all, you won’t need any specialized software other than the charting platform and market data feed you’re already using. If you need more guidance, the book supplies you with additional resources at no extra cost.

 

Financial markets are hard to predict. But the probability of your success is bound to be higher―and a whole lot easier―with Elliott Wave Techniques Simplified.

 

About the Author

Bennett A. McDowell is the founder of TradersCoach.comŪ and creator of the ARTŪ trading software.. He is also the author of A Trader’s Money Management System, Survival Guide for Traders, and The Art of Trading. McDowell speaks at trading conferences regularly and writes articles for Technical Analysis of Stocks & Commodities magazine and other trading publications. He can be reached by email via support@traderscoach.com .