Using more than 200 charts and 20 market examples, coauthors Jeffrey Kennedy and Wayne Gorman equip you with what you need to use the Wave Principle to spot market turning points and high-confidence trade setups in your own trading.
Or, get this book for free when you subscribe to Jeffrey Kennedy's popular educational service Trader's Classroom. Learn more
There is no such thing as a black box trading system or a quick-fix to what ails your trading. Yet, if you invest the time and effort to improve your trading method with the Elliott Wave Principle, The Visual Guide to Elliott Wave Trading will be the most rewarding text in your library.
The book's nine chapters deliver key points and sage trading tips from coauthors Jeffrey Kennedy and Wayne Gorman that, for any trader, will jump off the page. Regardless of whether you're conservative or aggressive, their charts and techniques will help you capitalize on low-risk, high-reward trading opportunities in any market -- opportunities other traders are not equipped to recognize.
When it comes to the published body of work on the Wave Principle, no one is as demanding as EWI President Robert Prechter. His stamp of approval is the best reason we can offer for why this book should be at the top of your financial required reading list.
In many ways this volume picks up where Frost and Prechter's classic Elliott Wave Principle leaves off. If you use technical analysis in your trading, your library is simply not complete without this book.
Jeffrey Kennedy, MSTA, CFTe, CMT, CEWA-M, is Chief Commodity Analyst at Elliott Wave International (EWI), with 25-plus years of experience as an analyst, trader and teacher. He writes Commodity Junctures, EWI's premier commodity forecasting package that focuses on Elliott wave analysis of the commodity markets. He also produces Trader's Classroom, an educational service that shows how to spot trading opportunities with wave analysis and supporting technical methods. In 2014, he achieved the title of a Chartered Market Technician, certifying his proficiency in multiple technical analysis tools. Subscribers and students always tell us how committed he is to empowering them to achieve trading success.
Wayne Gorman, CEWA-M, is head of EWI's Educational Resources. A 40-year veteran risk manager and trader, he started out at Citibank, where he managed trading positions in money markets and derivatives. He traded full-time with his own capital for over four years before joining EWI. In 2013, Wayne co-authored the Amazon best-selling book Visual Guide to Elliott Wave Trading, published by Bloomberg Press. Wayne is also the author of multiple EWI trading tutorials and a host of live training events for traders.
Elliott waves work in any market, on any time frame, with any account size. But like anything worth learning, getting there takes patience. The authors' shared goal is to show you the reality of learning to trade with the Elliott method.
You will see how Elliott wave opportunities present themselves in real-life, real-time situations -- including cases from the authors' own experience. For example, you'll see why it was vital for the author to have an alternate wave count when trading an S&P 500 futures contract, or how the author used a "bear put spread" options strategy to take advantage of a downward correction in the euro in 2008.
Through real-life scenarios; practical, easy-to-understand rules and guidelines; and step-by-step specifics, you will learn to apply what works best for you with insights from two of the most trusted experts in the field of technical analysis.
Whether you intend to use this book as your point of entry for the method, a quick refresher or a handy reference guide, you will turn to its contents time and time again.