Breakthrough Strategies for Predicting Any Market: Charting Elliott Wave, Lucas, Fibonacci and Time for Profit Hardcover – July 17, 2007

"Breakthrough Strategies for Predicting any Market" is one of the most original and powerful books on trading that has been written in a long time. I have read many books on trading and the markets over the past several years. This is one of the finest and most usable I have read during that time.The author presents a unique, combined view of Lucas and Fibonacci numbers (don't feel bad, I hadn't heard of Lucas numbers before reading this book either), raw principles from Elliott Wave (important -- this is not a textbook about Elliott Wave -- only certain prinicples are used and they are used in real-world, intelligent ways) and a handful of traditional technical indicators and in the process, completely changes the way you look at charts. I have to emphasize -- if you feel like you've read all you can about Fibonacci, or you dismiss Elliott Wave, etc. -- don't let those thoughts get in the way of taking in this new material. This book makes these and other new modes of technical analysis clear and usable -- the whole is much greater than the sum of the parts.I should point out that I did not know the author prior to purchasing the book and that my only association with the author since hearing about the book has been to send him an email, which he was kind enough to answer. When I read a glowing review on Amazon that is posted just after a book becomes available, I try to detect whether or not the review might have been submitted by someone who knew the author and had motives for writing the review other than true appreciation for the work. That is not the case here. I simply feel compelled to let other investors and traders know that there is new and powerful research out there that is very well presented in this new book.

Well...Greenblatt certainly makes his point in this book. That point being that using Elliot wave theory, certain techniques from Gann and Andrews Pitchfork and some others are vastly superior to using lagging indicators like MACD. And also that these techniques should be used with a grain of salt with far more attention paid to patterns you see in markets due to practice and experience overlaid onto technical analysis. Advanced traders will be fascinated and have their skillset expanded and probably sign up for Greenblatts course. I probably will.

In general, this book is not worth to read for experince trader (specaly it is too expensive book, the book can be summarized in 5 to 10 pages no more):Good point in the book:- using Lucas numbers with fibbonachi number in predicting the market timming- Fibonashi price clustring- Predicting market target using market coorections- Divergance

The theory is coming from Gann price and time cycle. The bar counting do not work most of the time. Although the concept is presented in a different way.

The book offers a very interesting title, but that s all. The main problem with this book is that the author never explain how does he reaches to the point of view he states. He look like a magician, taking rabbits from it s hat, and never explain where does the rabbit comes form. He uses Fibonacci and Lucas numbers, but he uses in a way nobody can understand, maybe he does, but the readers, or at least me, never understand. In short, the book does nt deserve what we paid for it.

A VERY POWERFUL TOOL BOX TO SIT NEXT TO YOUR TRADING SCREEN.

Jeff G. is a good start for people already familiar with indicators and charting. More depth in waves and retracements are discussed.DARTING

A+!

Great book.Very complex but brilliant.

Index based answer is not proper guide, strategies is work mathematical formation but not mension this book.

Ce livre très complet propose quelque techniques d'intervention sur les marchés financiers sans pour autant dénigrer les autres méthodes. C'est un coaching à lui tout seul. A recommander!