Visual guide to elliott wave trading John wiley & sons inc (John Wiley & Sons Inc)

Wayne Gorman and Jeffrey Kennedy share their insights into Elliott Wave Theory and how it can be used to trade more effectively. One of the most popular methods of technical analysis, Elliott Wave is based on the idea that financial markets are driven aby shifts in investor sentiment. As investors move back and forth from optimism to pessimism, discernible patterns are formed. The patterns are repeated both in the largest and smallest time frames. According to the theory, the mood shifts - not economic events -- are the key in determining the direction of the market§The Bloomberg Visual Guide to Elliot Wave Trading offers an easy-to-use explanation on how to conduct Elliott Wave analysis to interpret and trade the financial markets. It includes a large number of graphs and charts to demonstrate Elliott Wave patterns and to assist you in superimposing Elliott Wave on any market, in any time frame. Along the way, it shows traders how to use the method to measure the strength of trends, forecast market turning points, and identify trading and investing opportunities. Given that Elliott Wave is highly visual, The Bloomberg Visual Guide to Elliott Wave is like to become the single-best instruction guide to the theory for traders and investors.