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Title: How to Identify High Profit Elliott Wave Trades in Real-Time by Myles Wilson Walker ISBN: 0-930233-57-3 Publisher: Windsor Books Division Pub. Date: 01 April, 2001 Format: Hardcover Volumes: 1 List Price(USD): $50.00 |
Average Customer Rating: 3.2 (5 reviews)
Rating: 4
Summary: Fairly Good book
Comment: I have read well over 100 books on trading and I have yet to read one that will teach one how to trade turnkey with a high success rate. Because it does not exist. IMO. I gleaned some useful information out of this book. What this book did for me was not to teach me how to trade profitably, but to make me think in a different direction which was very useful. But isn't that the best one could expect from any trading book?
Rating: 2
Summary: Subjective ?
Comment: I realize that Elliott Wave is considered subjective .. but on half of these wave counts, I couldn't see where he was coming up with his numbers. In addition, he had numerous 7 wave (?) counts and some of his logic is just plain odd. I consider myself fairly experienced in Elliott Wave, but couldn't figure this guy out for most of the book. Walker tries to time failures of the C wave and tries to find ends to corrections , but is an aggressive entry method if correct. The problem is, it is extremely difficult to see .. as corrections can materialize into many forms and stop you out over and over until it presents a discernable pattern. One thing I did find unique in this book was his use of finding wave counts within simple patterns of OHLC bars. Seems a bit like overkill, but it is unique nevertheless.
Rating: 5
Summary: Best Elliott Wave book
Comment: Myles Walker has written the best book on trading with Elliott
Wave that I have ever read. it was simple elegant and put the icing on the cake for me in terms of correct entry method for Elliott. It really helped me in a practical dollars sense. Apparently He has also done a lot of Gann work and a book on it but I must admit to not owning the Gann book yet.
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