---
product_id: 26073074
title: "Elliot Wave Techniques Simplified"
price: "41.41 OMR"
currency: OMR
in_stock: true
reviews_count: 13
url: https://www.desertcart.com.om/products/26073074-elliot-wave-techniques-simplified
store_origin: OM
region: Oman
---

# Elliot Wave Techniques Simplified

**Price:** 41.41 OMR
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- **What is this?** Elliot Wave Techniques Simplified
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## Description

Elliot Wave Techniques Simplified [McDowell] on desertcart.com. *FREE* shipping on qualifying offers. Elliot Wave Techniques Simplified

Review: Complicated and Mysterious made Clear - Definitely worth the price of admission. Once again Bennet McDowell has taken the complex and arcane and put it into the language of mere mortals. Sure i had heard of Elliott Wave and Fibonacci and his re-traements and read several other books on both subjects. This book is literally a page turner. i started to read it Saturday afternoon and before i knew it i was ½ way through it. Bennett has the uncanny ability to communicate vey complex concepts into understandable language, I had to force myself to stop reading it so i could digest all the information provided to that point - much like a Stephen Hawking book - read and re-read sections so that you convince yourself that you totally understand the building blocks that are being laid out for your consumption. Combine the 'old theory' of Elliott Wave and Fib Price retracements in conjunction with his proprietary OWL Wave indicator and PTL strength indicator and you have some of the most powerful tools as to direction of a market, a potential landing zone and a solid entry AND exit point BEFORE you buy. But more importantly - he tells you why. Add this to his ART indicators and suddenly - it all opens up for you. I looked at positions i have on the market right now and clearly i am trading against the direction of the market and certainly the stock in question. His 'Modern Method' brings it all together and if you practice it a bit - it will all become obvious in a very short period of time. Writing style is fantastic. Content is more then any two people could ask for and clarity like none other. I only gave it 5 stars because that is all they allowed me - this is a 10.
Review: For those who have ignored Elliott Waves, this book will allow you to easily gain useable trading tools. - Bennett McDowell’s Elliott Wave Techniques Simplified, took me from being a total novice to becoming an Elliott enthusiast and to looking for Elliott Waves and Fibonacci sequences everywhere. Bennett begins with Elliott’s biography. This provides a clear understanding of Elliott’s observational, analytical, restructuring and organizational skills that made him a much sought after high-level business consultant and that led to his work and publications on wave principles. In Chapter 2, Bennett enumerates the psychological factors that create movement in the markets. Using examples, exercises and visual aids, he carries this beyond theory and has convinced me of this chapter’s importance. Elliott’s 1938 classic wave theory rules are clearly presented with illustrations in Chapter 3. Bennett concludes this chapter with two valuable summaries worth printing out: “McDowell’s Elliott Wave Guidelines” and “Elliott Wave Statistics For All Five Waves.” The Fibonacci series, its relationship to Elliott Wave theory and application to trading are well presented in Chapter 4. As throughout this book, Bennett provides the “take home and use” information that does not require high level math skills. Whether you are using indicators readily available on charting software or the proprietary A.R.T. software indicators, Chapters 5, 6 and 7 provide the additional information needed to implement these trading techniques. In Chapter 6, Bennett presents “The Best of Both Worlds” by combining classic Elliott Wave analysis with his “McDowell Probability Matrix.” He continues in Chapter 7 with information on using the Matrix to “Trust and Verify Signals.” “My Favorite Trade Setups” in Chapter 8 are presented in a very clear, step-by-step fashion. In Chapter 9, “A Student’s Perspective,” Dean Jenkins of FollowMeTrades.com relates his compelling story of how his emotions caused him a large loss in the fall of 2000. Dean continues the chapter with much of the knowledge that he has gained since then. (“Good judgment is the result of experience and experience the result of bad judgment.” - Mark Twain) For those who have ignored Elliott Waves believing this technique to be out dated or too difficult, this book will allow you to easily gain useable information that remains pertinent today.

## Technical Specifications

| Specification | Value |
|---------------|-------|
| Best Sellers Rank | #2,796,137 in Books ( See Top 100 in Books ) #436 in Commodities Trading (Books) #7,480 in Finance (Books) #12,229 in Personal Finance (Books) |
| Customer Reviews | 4.3 4.3 out of 5 stars (82) |
| Dimensions  | 6.24 x 0.81 x 9.24 inches |
| Edition  | 1st |
| ISBN-10  | 0071819304 |
| ISBN-13  | 978-0071819305 |
| Item Weight  | 2.31 pounds |
| Language  | English |
| Print length  | 272 pages |
| Publication date  | March 11, 2016 |
| Publisher  | McGraw Hill |

## Images

![Elliot Wave Techniques Simplified - Image 1](https://m.media-amazon.com/images/I/71sIoYX1q+L.jpg)

## Customer Reviews

### ⭐⭐⭐⭐⭐ Complicated and Mysterious made Clear
*by J***R on March 28, 2016*

Definitely worth the price of admission. Once again Bennet McDowell has taken the complex and arcane and put it into the language of mere mortals. Sure i had heard of Elliott Wave and Fibonacci and his re-traements and read several other books on both subjects. This book is literally a page turner. i started to read it Saturday afternoon and before i knew it i was ½ way through it. Bennett has the uncanny ability to communicate vey complex concepts into understandable language, I had to force myself to stop reading it so i could digest all the information provided to that point - much like a Stephen Hawking book - read and re-read sections so that you convince yourself that you totally understand the building blocks that are being laid out for your consumption. Combine the 'old theory' of Elliott Wave and Fib Price retracements in conjunction with his proprietary OWL Wave indicator and PTL strength indicator and you have some of the most powerful tools as to direction of a market, a potential landing zone and a solid entry AND exit point BEFORE you buy. But more importantly - he tells you why. Add this to his ART indicators and suddenly - it all opens up for you. I looked at positions i have on the market right now and clearly i am trading against the direction of the market and certainly the stock in question. His 'Modern Method' brings it all together and if you practice it a bit - it will all become obvious in a very short period of time. Writing style is fantastic. Content is more then any two people could ask for and clarity like none other. I only gave it 5 stars because that is all they allowed me - this is a 10.

### ⭐⭐⭐⭐⭐ For those who have ignored Elliott Waves, this book will allow you to easily gain useable trading tools.
*by T***S on May 6, 2016*

Bennett McDowell’s Elliott Wave Techniques Simplified, took me from being a total novice to becoming an Elliott enthusiast and to looking for Elliott Waves and Fibonacci sequences everywhere. Bennett begins with Elliott’s biography. This provides a clear understanding of Elliott’s observational, analytical, restructuring and organizational skills that made him a much sought after high-level business consultant and that led to his work and publications on wave principles. In Chapter 2, Bennett enumerates the psychological factors that create movement in the markets. Using examples, exercises and visual aids, he carries this beyond theory and has convinced me of this chapter’s importance. Elliott’s 1938 classic wave theory rules are clearly presented with illustrations in Chapter 3. Bennett concludes this chapter with two valuable summaries worth printing out: “McDowell’s Elliott Wave Guidelines” and “Elliott Wave Statistics For All Five Waves.” The Fibonacci series, its relationship to Elliott Wave theory and application to trading are well presented in Chapter 4. As throughout this book, Bennett provides the “take home and use” information that does not require high level math skills. Whether you are using indicators readily available on charting software or the proprietary A.R.T. software indicators, Chapters 5, 6 and 7 provide the additional information needed to implement these trading techniques. In Chapter 6, Bennett presents “The Best of Both Worlds” by combining classic Elliott Wave analysis with his “McDowell Probability Matrix.” He continues in Chapter 7 with information on using the Matrix to “Trust and Verify Signals.” “My Favorite Trade Setups” in Chapter 8 are presented in a very clear, step-by-step fashion. In Chapter 9, “A Student’s Perspective,” Dean Jenkins of FollowMeTrades.com relates his compelling story of how his emotions caused him a large loss in the fall of 2000. Dean continues the chapter with much of the knowledge that he has gained since then. (“Good judgment is the result of experience and experience the result of bad judgment.” - Mark Twain) For those who have ignored Elliott Waves believing this technique to be out dated or too difficult, this book will allow you to easily gain useable information that remains pertinent today.

### ⭐⭐⭐⭐⭐ Very well explained
*by F***X on November 28, 2018*

This book is very simple and well explained, I've read several books on Elliott Wave theory and others make it so complicated, this one goes to the ground and explains it so well that an elementary age kid would be able to understand the concept.

## Frequently Bought Together

- Elliot Wave Techniques Simplified
- The ART of Trading: A 7-Step Approach for Traders and Investors in the Financial Markets
- Money Management for Traders: Essential Formulas and Custom Record Keeping Forms for Successful Trading (BEST BOOKS 4 TRADERS)

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*Last updated: 2026-02-20*