Copyright: Randall Ashbourne - 2011
An Introduction to Elliott Waves
by Rudy Dumas
I have made a point in The Idiot & The Moon that inexperienced traders especially should stay away from complicated techniques like EW. However, Rudy Dumas is a no-nonsense EW technician and he has kindly written an introduction to the methodology, explaining the basics in a simple and easy-to-understand way.
It will be of much use to experienced traders unfamiliar with EW analysis - and will be useful, down the track, to newbies - after they have mastered the basics of trading SAFELY and profitably.