Applying Elliott Wave Theory Profitably

“I have always found Elliott Wave difficult to understand and more difficult to apply, but finally Steve Poser has written a book that makes sense and is born from real experience. This is not Elliott made easy but Elliott that makes sense. Hats off to Poser for creating the book the marketplace has needed for so long.” -Bruce M. Kamich, CMT Adjunct Professor of Finance at Baruch College and Rutgers University Past President of the Market Technicians Association “Steve Poser is one of the few people I’ve met who can integrate Elliott Wave analysis into a normal conversation on the markets and make sense.” -Michael Kahn Editor, Quick Takes Pro technical newsletter Technical Analysis Columnist, Barron’s Online Numerous books have tried to capture the essence of Elliott Wave theory, but they either made Elliott more complicated than it needed to be, or, in an effort to overcome the perceived complexity of analysis using Elliott, oversimplified the process. In Applying Elliott Wave Theory Profitably, author and Elliott Wave expert Steven Poser takes a fresh approach to this proven trading strategy, giving you the most well-rounded and straightforward lesson on how to make money using Elliott Wave theory. Drawing from his many years of Elliott Wave experience, Poser: Explores how and why technical analysis works, and shows you where Elliott Wave theory fits into that picture Reveals each of the basic and advanced patterns that the market might trace out and discusses the market conditions that typically produce these patterns Outlines how to build an efficient trading plan Illustrates how to continuously update your plan in real time as the market provides you with further information by way of a constant stream of prices, volume, and news Examines how to review the market from multiple time frames, so you know what degree of price retracements to expect, as well as what your risks and rewards may be Written in a clear,