Five Waves to Financial Freedom: Powerful Elliott Wave Techniques That Anyone Can Learn - Softcover

N.Ramakrishnan, Ramki

Softcover

ISBN 10: 0983968047 ISBN 13: 9780983968047

Synopsis

Learn how to anticipate market turns with Elliott Wave Theory.
In his book "Five Waves to Financial Freedom," author Ramki Ramakrishnan illustrates how traders can effectively utilize the Elliott Wave Theory, a robust tool for technical analysis that enables forecasting of the stock market, by presenting user-friendly trading strategies and providing clear insights into interpreting the various patterns associated with this methodology. This comprehensive resource offers a step-by-step breakdown of the Elliott Wave Theory, guiding traders through the process and presenting actionable strategies that can be implemented. It also includes a thorough explanation of the underlying principles and mechanics behind the Elliott Wave Theory, shedding light on why and how this approach works effectively in the market. “Five Waves to Financial Freedom” not only assists readers in understanding the concept of Elliott Wave Theory but also provides valuable insights on identifying subtle cues that can enhance their trading performance. By highlighting where to find these not-so-obvious clues and offering guidance on their utilization, the book empowers traders to improve their overall trading outcomes.

Elliott Wave Analysis is a vitally important tool that all professional traders and hedge fund managers use. This book gives you an easy-to-follow introduction to the Elliott Wave techniques. Once you learn what is explained in this book, you will find your trading results improve quite significantly. You will no longer trade randomly. Neither will you get shaken off a good trade by the market noise.

The Elliott Wave approach that is explained in "Five Waves to Financial Freedom" has benefited tens of thousands of traders from around the world in the first ten years since its first edition was published in 2011. In this tenth-anniversary edition, I have replaced all the charts with very recent examples. I have also added useful notes to clarify some points further. The goal of this book is simple: To make you, the reader, a much better trader.

The Elliott Wave techniques that you will learn here include

• Identifying where we are in the cycle
• Deciding which direction is the next big move likely to happen
• Determining where we should enter a trade so that our risk is minimized
• Anticipating likely targets for the current and upcoming move so that you can evaluate whether the risk-reward trade-off is acceptable
• Deciding how much to risk based on the potential for profit
• And many more useful tactical points that are rarely taught by other authors of this subject

I have used the Elliott Wave Principle in my career for over 35 years, during which I have advised some of the most influential traders. My approach has been the daily staple of inter-bank dealers from every major global bank. I have even advised dealers from Central Banks worldwide on how to use my methods. (Evidence of this claim is presented in my blog at https://blog.wavetimes.com/raves ) These methods are now within your reach! Go ahead, and see the marvelous opportunities that Elliott Waves offer you.

** For those who wish to take their knowledge and expertise to a much higher level, Ramki teaches his unique approach to Elliott Waves in his acclaimed online Elliott Wave Course that is available at his website, elliottwaves.com. This online Elliott Wave course has been rated highly by students from over 40 countries around the world and can rank as one of the best investments you could make to upgrade your trading skills. Ramki shows with the same clarity as you will read in his Elliott Wave books how the practice diverges from theory.

Edition details

• Publication date: 2021
• Language: English
• ISBN 10: 0983968047
• ISBN 13: 9780983968047
• Binding: Paperback
• Number of pages: 153