文档介绍：Practical Elliott Wave Trading Strategies
A Special Tutorial Series For Subscribers To The Dynamic Trader Reports
Practical Elliott Wave Trading Strategies
Part 1
Robert Miner, Dynamic Traders Group, Inc.
This tutorial begins a series of how to apply Elliott wave analysis for
practical trading strategies. All subscribers have some Elliott wave
background from my Dynamic Trading book. Because that book goes
through the pattern structures in detail, there is no need to repeat that
information in this tutorial series.
It is assumed for this series, that subscribers are familiar with Chapter
3 of Dynamic Trading and how the most frequent pattern subdivide.
Besides teaching you the practical application of Elliott wave trading
strategies, an objective of this series will also be to dispel some Elliott
wave myths and bad practices fostered by Elliott wave academics.
Everything taught in this tutorial series will apply to any actively traded
market included futures, stocks, indexes and mutual funds and any time
frame whether five-minute or monthly.
What You Should Know Before Beginning This Tutorial Series
From your study of Elliott wave in Chapter 3 of Dynamic Trading, you
should be familiar with these concepts.
Impulse Trend – Usually unfolds in five-waves. Five-wave impulse
trends are usually made in the direction of the larger degree trend.
Counter-Trend – Usually unfolds in three-waves. A counter-trend is a
correction to the prior impulse trend.
Waves of Similar Degree – Also called swings of similar degree.
Waves of similar degree represent the subdivisions that make up a
completed structure. In an impulse trend, waves one-five are the waves of
similar degree. The subdivisions of each wave are waves of a smaller
degree.
Subdivisions of a Wave – Any given wave may subdivide into smaller
degree waves plete the structure of the wave. For instance, Wave-1
of a five-wave impulse trend usually su