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

Elliot Wave Techniques Simplified

How to Use the Probability Matrix to Profit on More Trades

By: Bennett McDowell

Hardcover | 1 April 2016 | Edition Number 1

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The Proven Trading Techniques Used by Professionalsâ"Now Simplified for Every Level of Trader

 

Based on the principles of visionary analyst Ralph Nelson Elliott, the time-tested techniques youâll 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. McDowellâ"founder of TradersCoach.com® â"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 âMcDowellâs Probability Matrix,â a unique and powerful tool for verifying the signals of market trends and cycles through historic prices and patterns. Youâll find real-world case studies and step-by-step trading rules for McDowellâs favorite trade setups including the Flat Bottom Breakout and Wave 5 Breakout. Youâll be able to create your own probability matrix to identify the highest probability tradesand youâll hear a firsthand account of McDowellâs system in action from a student of the âTraderâs Coachâ himself. Best of all, you wonât need any specialized software other than the charting platform and market data feed youâre 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 higherâ"and a whole lot easierâ"with Elliott Wave Techniques Simplified.

 

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