Mastering Elliott Wave (Bloom (Hardcover)

Acknowledgments xi

Introduction xiii

Why this Teaching Approach is Different xiii

Elliott Waves and Market Swings Are Not the Same xvi

Are Attributes of Balance and Proportion Subjective? No. xxi

CHAPTER 1 Using the Elliott Wave Principle to Evaluate Mass Psychology 1

Geometric Proportion in Market Data 2

CHAPTER 2 The Patterns That Describe Trending Market Movement 17

Impulse Waves Create Market Trends 18

How to Label a Specific Price Pivot 23

Using Fewer Bars to Represent Complete Impulse Waves 24

Working with Impulse Waves in Strong Trends 26

Termination Diagonal Triangles: An Introduction 35

CHAPTER 3 The Basic Patterns That Describe Corrective Market Movement 39

How to Examine Corrective Price Movement 40

A Zigzag Corrective Pattern 43

A Flat Corrective Pattern 49

An Expanded Flat Corrective Pattern 53

The Triangle Corrective Patterns 58

CHAPTER 4 Diagonal Triangles (Wedges) 67

Termination Diagonal Triangle Pattern 67

Leading Diagonal Triangle Pattern—Type 2 73

CHAPTER 5 A Summary with Study Flash Cards for Patterns, Rules, and Guidelines 77

Study Flash Cards for the Basic Patterns 78

A Summary of Rules and Guidelines 83

A Table of Degree Labels and Names 85

Beginner Level: Practice Examination 86

Beginner Level: Final Examination 95

Exercise Appendix 105

About the Author 137

Index 139