Practical Application Of Elliott Wave Principle 2nd edition Written and Audited by Deepak Kumar (Total size: 2.9 MB Contains: 4 files)
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Elliott Wave Theory is most accurate and independent stock market analysis method and there is no doubt that every financial script like Stocks, Indexes, commodities, currencies, Crypto Currencies follow Elliott Wave Principle 100%, but an analyst needs to develop the skills to identify the patterns accurately.
Deepak Kumar (Author of this book) is practicing, applying and teaching Elliott Wave Principle since 2014 and trained 1000s of traders/analysts. He is posting his Elliott Wave Analysis, his research and educations articles on “Sweeglu Elliott Waves” blog since 2014. His work of last 7 years can be observed on his personal Sweeglu Blog.
Elliott Wave Theory is quite tough subject to explain but Deepak Kumar arranged the content of this book in such an effective order that even a newbie can understand. Thanks to his 7 years of practical teaching experience.
This book, “Practical Application of Elliott Wave Principle” was first released in 2014 on Sweeglu Elliott Waves Blog and same is revised 3 times since then. Now, 3rd revision is launched in Kindle in 2021 and this is most practical book on Elliott Wave Theory ever.
EWT is a combination of 4 different studies.
1. Wave Cycle is a base of Elliott Wave Theory. You cannot counts waves without having understanding of Elliott Wave Cycle. EW cycle helps to identify the current position of price within a wave cycle, so that we can get the idea of next wave.
2. Wave’s Personalities actually means the general behavior of the waves. Every wave has its own personalities and understanding of these personalities can help us to confirm our wave counts and gives idea about the nature of next move.
3. Wave Pattern represents the structure of a wave and it shows the position of price within the wave. Every wave has its own definite patterns which help us to identify where and how a wave is about to complete.
4. Fibonacci Ratios helps to calculate minimum/maximum limit of the waves. Every wave has its own set of Fibonacci Projections and Retracement limits which help us to calculate Low risk trading range, minimum targets and stoploss.
Every of this study/part has different role but if we learn the tricks to analyze a chart by combining these four studies then every single move of market can be calculated and understood.
EW Cycle is a base of EWT without which you can’t even imagine counting waves. But once you starts counting waves then Wave personalities, Patterns and Fibonacci Ratio are most important tools to identify market moves and to calculate low risk entry range, exact stoploss and minimum targets.
The book is organized in 2 parts,
1st part explained all the rules, personalities, wave patterns and Fibonacci calculations of waves.
2nd part explained proven tips and tricks to apply these rules for predicting market moves and planning low risk high rewarding trades. Deepak Kumar provided his personal tips and tricks to count waves in most difficult conditions.
Even special chapters are added explaining “most accurate trading techniques with more than 1:3 ratio risk reward”, “Identifying Multi-bagger Stocks”, “Using suitable time frames”, and “Best way to practice Elliott Wave Theory”.
Even Deepak Kumar provides further learning support through his Elliott Wave Analysis Reports and answering queries by email. Book buyer needs to register for further support and services. Learners will always have access to Elliott Wave Analysis of Deepak Kumar on his Blog which gives great practical experience.
Deepak Kumar mostly analyzes Indian Indices/ Stocks and most of the examples in book are gives on Indian Indices. But Elliott Wave Rules, Tips and Tricks are applicable on every financial script (Stocks, Indices, Currencies, Commodities, Crypto Currencies) of any world market.
Product details
ASIN : B097SL8RJT
Publisher : Independently published (June 23, 2021)
Language : English
PDF : 159 pages
ISBN-13 : 979-8524792617
Digital Delivery : Shared Through Google Drive/Mega
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Practical Application Of Elliott Wave Principle 2nd edition Written and Audited by Deepak Kumar (Total size: 2.9 MB Contains: 4 files)
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