Elliott Wave Theory is one of the few methods that provides an overview of financial markets. The power of this method, as you know, is much higher than other methods of technical analysis due to the three-way analysis of price, time and pattern, and gives a very good view to the person who masters this method. We have dedicated this article to a brief introduction to Robert Miner’s book Dynamic Trading, which honestly accompanies zero to one hundred traders.
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Introducing Elliott Robert Miner
In Robert Einer’s Elliott method, which you will learn in Dynamic Trading, you will master two important and practical points:
- Recognize the trend or corrective trend of a market
- Detect the end position of a trend or correction process according to Elliott View patterns
With this method, you will understand the position of a market and you will not trust the many and wrong analyzes of consultants. It is necessary to be aware of the recognition and analysis of patterns in a market situation in the first step. Analyze the most likely time and price to occur in completing the patterns of a market.
However, at first you may find the pattern more complex than it really is. But you do not have to keep all the details in mind. You read this book to have a deep understanding of the use of Elliott waves and then use all of them well together in practice to get good deals and make a good profit.
How can we trade with dynamic trading?
In this trading strategy, in the chart that we prepare, according to the information that the market gives us, we get important prices, which is more probable in the current situation and the situation in which the market is in the current trend. If the market is in a positive or negative position, if we understand the most probable current position of a market, we have found out which point the market will most likely record in the future.
Always keep in mind that we are dealing with possibilities and we will never know for sure where we are in the market and where the future will be. Analyzing visible patterns and analyzing time and prices only give us possibilities.
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