Mastering Elliott Wave by Glenn Neely
Mastering Elliott Wave is, as its author claims, the first scientific, objective approach to market forecasting with Elliott Wave Theory. It’s really quite an impressive descriptive and research book that starts off with the most basic concepts of trading with Elliott Waves and finishes with a very complex and sometimes difficult to understand details that would interesting only to extremely advanced financial trader. Nevertheless Glenn Neely and Eric Hall (second author of this book) have done a lot for the popularization and explanation of the Elliott Wave Theory in trading with this piece of literature. In 1990 personal computers couldn’t perform fast technical analysis as they can now, so the book now contains a lot of math calculations that can be easily transferred to the custom automated indicators, but it’s still crucial to learn the inner mechanics of the Elliott Waves and that can be done by reading Mastering Elliott Wave.
Interesting posts about Forex trading and the most recent currency news can be found on the Forex blog that is used by the author to share his Forex experience.
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