Daytrading Tips
Using Elliott Wave in Your Day Trading

Dynamic Trading is perhaps the best work available on the use of Elliott Wave and Gann approaches. Not only are the layout and examples clear and easy to follow, but their real-world application is extensively covered.

Robert Miner has produced a seminal work in the practical use of Elliott Wave -- no easy task.

Miner clears the decks early by acknowledging that Elliott's "wave counts" work about 50% of the time. Thus, he does not resort to vague, exceptional wave counts and other fudging factors in an attempt to justify the Master's infallibility.

As a professional trader of almost 20 years, I attempted in the past to apply Elliott wave to daily and intraday trading and failed. I discounted Elliott principally due to the presentation by Elliott academicians.

I get the sense that most authors attempting to explain Elliott and Gann are theorists only and either do not want you to be able to trade using their interpretations or, in fact, are not traders. Miner has clearly been in the trenches, and his book makes the approach accessible.

Though Miner takes a less restricted approach to the interpretation of wave counts, his results are no less impressive. The author is very restrained in touting his software that accomplishes what is explained in depth in the book. However, all formulae (to my knowledge) are revealed and are adaptable to an Excel spreadsheet, which is what I have done.

Wave counts, Fibonacci retracements, time measures, trading strategies, an abundance of practical examples, and much more is covered.

The Wave Structures Check lists, Summaries of the Most Important Price Projections, Ratios by Wave, and Worksheets are invaluable and alone are worth the price of this book. If you trade or plan to, you should buy and study this book.

This book is an excellent accompanyment to understanding and following our Nasdaq trader, Ralph Russell's Robert Miner has produced a seminal work in the practical use of Elliott Wave -- no easy task.

Miner clears the decks early by acknowledging that Elliott's "wave counts" work about 50% of the time. Thus, he does not resort to vague, exceptional wave counts and other fudging factors in an attempt to justify the Master's infallibility.

As a professional trader of almost 20 years, I attempted in the past to apply Elliott wave to daily and intraday trading and failed. I discounted Elliott principally due to the presentation by Elliott academicians.

I get the sense that most authors attempting to explain Elliott and Gann are theorists only and either do not want you to be able to trade using their interpretations or, in fact, are not traders. Miner has clearly been in the trenches, and his book makes the approach accessible.

Though Miner takes a less restricted approach to the interpretation of wave counts, his results are no less impressive. The author is very restrained in touting his software that accomplishes what is explained in depth in the book. However, all formulae (to my knowledge) are revealed and are adaptable to an Excel spreadsheet, which is what I have done.

Wave counts, Fibonacci retracements, time measures, trading strategies, an abundance of practical examples, and much more is covered.

The Wave Structures Check lists, Summaries of the Most Important Price Projections, Ratios by Wave, and Worksheets are invaluable and alone are worth the price of this book. If you trade or plan to, you should buy and study this book.

This book is an excellent accompanyment if you want to follow our Nasdaq trader, Ralph Russell's Real-time Signals for the Nasdaq 100.