Elliott Wave Trading: Principles and Trading Strategies
The Elliott Wave Principle provides a comprehensive method of technical analysis based on crowd psychology and chart pattern recognition. In this 70-minute presentation, accomplished Elliott wave analyst Jeffrey Kennedy demonstrates how to turn simple Elliott wave analysis into trading strategies you can apply to almost any market – from stocks to forex to commodities.
You will learn how the Wave Principle helps you to identify the trend and countertrend moves; how to see when the trend is likely to end and resume; how to spot high-confidence trade setups and price targets; and how to manage risk by identifying price points that invalidate your outlook.
Kennedy shows you the four waves within a basic Elliott wave pattern that offer the best trading opportunities. You will also learn how to trade a variety of wave patterns – such as zigzags, triangles, flats and diagonals – as well as how to manage risk with clear entry, exit and stop levels.
Elliott Wave Trading: Principles and Trading Strategies takes you from the basics all the way to real-world application, via these useful lessons:
- Which Elliott wave patterns are the most important
- Which waves are best to trade – and which waves you should skip
- How to find high-confidence trade setups
- How to either execute your trade – or know when to stand aside
- How to incorporate supporting technical analysis methods to add confidence to your outlook
Filled with examples from actual markets, Kennedy's high-energy presentation is easy to understand. Once you have viewed this DVD, you will know how to translate Elliott wave theory into real-world trading strategies.