A must-read, Glenn Neely's revolutionary book, Mastering Elliott Wave, changed Wave theory forever. Mastering Elliott Wave presents the first, scientific, step-by-step approach to Wave analysis ever devised.
Based on his decades of research, training, and real-time trading, Glenn Neely presented his revolutionary techniques to objectively analyze market conditions in Mastering Elliott Wave. In this unprecedented enhancement of Wave theory, Glenn Neely pioneered a new, comprehensive, and more accurate method to conduct Wave analysis.
Step-by-step, Mastering Elliott Wave presents Glenn Neely's process for Wave theory forecasting – the most logical, objective Wave forecasting approach ever created. Using this highly accurate approach, Mr. Neely has been recognized hundreds of times throughout the years as a top timer. (Click to view.)
Learning Elliott Wave theory – and how to recognize Wave patterns – can be challenging. In addition, orthodox Wave theory often produces market predictions that miss the mark as well as contradictory bearish and bullish scenarios. Chapter by chapter, Glenn Neely's Mastering Elliott Wave shows you how to:
Made 6-figures from March to October 2020 using NEoWave (aka, MEW)!
Reviewed in the United States on November 3, 2020
I closed my long trades two weeks ago at a high six-figure profit in both our retirement accounts (tax-free for now) and our family's individual investment accounts.
Though I retired from trading in 2014 and was no longer a subscriber to NEoWave forecasting service, a more advanced form of Mastering Elliott Wave, Mr. Neely was considerate enough to warn his current and past clients in March that the markets may be entering the most treacherous investment environment we've seen in the past 30 years and that I better protect my retirement assets accordingly.
I poured all my cash into the markets at the end of March. Using NEoWave (MEW) in April, he confirmed that a new powerful rally in the S&P had started AND it'll break the then-all time high of February. I poured the rest of available cash to various mutual funds. Last August, the S&P did lurch to new all-time highs, as NEoWave forecast.
While I internalized the teachings of Mastering Elliott Wave, I must say it's dated, though still highly relevant/required in my trading. If I were a beginner, I would actually buy the e-book, absorb as much as I can, and then, take NEoWave's Advanced Elliott Wave course. That would be a billion times quicker to learn how to forecast (I don't say, "learn to trade," here, because forecasting and trading are two different things). I profit from MEW because I'm an experienced trader.
I owe much of my wealth to my first purchase of MEW back in 1991 . There is no better general market forecasting method. It's brilliant. I think it's more brilliant now than even before I retired, because I don't second guess it as I did in the past. Glenn Neely still rocks!
This is the time to learn NEoWave (MEW) because the markets are currently in the most predictable 5-year period of the past 40 years. Glenn Neely hasn't mentioned this yet: What follows in 5 years is also going to be the most predictable stock market bull market of our lives---greater than any bull market we've witnessed or studied before.
You can only forecast (with precision) the stock markets for the rest of your life with NEoWave.
Buy the e-book!
This is not a novel about some character named "Elliott".....
Reviewed in the United States on July 5, 2013
It IS, however, a major treatise on the Elliott Wave theory, probably the first and only one like this that has ever been written. It is a very good book on a subject that few financial people know - or even care - about, but would or should learn. No, it will not make you a imillion dollars; it WILL help you make better decisions about where a particular stock is going and how soon but it will also take a very long time to digest. This is a book that you read a few pages and then put the book down and spend the next few hours or days digesting what you've read, even going to the charts looking for examples of what you've just read. Robert Prechter wrote a few good books on this subject and this book by Neely is an excellent supplement. I think it's fair to say that books dealing with theories associated with the financial world are very dry and very boring to people who just aren't into the finacial world, and sometimes even more boring to those of us who ARE hooked on the world of finances, securities, and the stock market but be that as it may, if you are deeply into the markets, this is a good one to have on your shelf along side of Robert Prechter's book.
VERY DEEP Read
Reviewed in the United States on October 28, 2018
I would say this book is a great Elliott wave teacher. However, get ready for long concentration hours. It is a deep topic. I am mostly through the book and have reread most of the chapters more than once.
I am glad I got it, as I didn't know enough about Elliott wave theory. I am starting to think I could use the concept now.
Neely does a good job describing the basics needed to understand Elliott Wave Theory.
For the advanced Elliott Wave User..just what I was looking for.
Reviewed in the United States on September 15, 2020
This book is incredibly deep and as people said needs to be digested in smaller parts since it contains so much information. If you're an Elliot Wave user and looking for more advanced methods this is the book for you. Looking forward to implementing all of the rules from this book into my trading.
Best book on Elliot wave
Reviewed in the United States on March 29, 2019
This is the best book on Elliot wave I ever read. Explains all possible patterns in depth. Provides lots of new concepts of elloit wave I never knew of. Definitely have to read more then once but ever time you read it you understand a lot more.
Not a classic, but a secret revealed.
Reviewed in the United States on January 14, 2008
If you want to use Elliott Waves in practical real trading there is nothing else, period. Prechter's book is a very distant second. I emphasize - FOR PRACTICAL TRADING. Otherwise Prechter's book is excellent and is a true classic.
But prepare yourself to read Neely's book many, and I mean MANY times before you start to feel that you GET IT. 9-10 times at least. And that is with paper and pen. But after you GET IT, you feel like you have wings when you look at the price charts.
Very, very deep
Reviewed in the United States on July 29, 2019
If you buy this. Be aware that this is not your typical trading book. This book offers an incredible amount of quality information. If you want to learn the basic of Elliott wave theory, I would not recommend this book.
It's taken a couple of months to understand everything in there.
Reviewed in the United Kingdom on May 8, 2014
Truly mastering elliott wave is a long term commitment, but it's the best book i've come across on the subject. makes frost and prechter look like they're trying to confuse everyone.
You should finish this before you trade
Reviewed in the United States on May 16, 2020
It is the pinacle point of Elliott Wave Theory. The best book where you can learn all the aspects of Elliott Wave Theory. It is worth every penny.
A Masterpiece but could be better organized
Reviewed in the United States on November 14, 2012
A superb treatise of practical application of Elliott wave behavior, but one has to do a lot of traveling back and forth for certain rule applications. For example, there is quite a lot of information about different kinds of patterns, but it is scattered across many chapters.Also if Neely had included real life examples of actual markets it would have been even better.The chapter on the first set of rules could have been made a little more user friendly.
All in all, an essential book for every aspiring market technician and theorist alike.
Noel W McCarthy
Ahead of its Time
Reviewed in Australia on November 13, 2020
Once you become proficient in traditional Elliott wave theory you begin to understand its deep limitations. This is even more so if you have been trained in the typical way - which is to identify impulses in strongly trending markets and simple three wave corrections in choppy, sideways markets. Once you open Neely's book you can never go back.
Loads of great knowledge, but hard, hard work!
Reviewed in the United States on June 1, 2007
I read this book a couple of years ago, and found it fascinating and highly detailed. I imagine that for some very technically minded people this is something they can really get their teeth into and enjoy. But for simple folk like me, it was just too much, and I found much simpler methods to interpret Elliott waves that didn't take half as much time or knowledge. So, I give it a 3 star rating as its brilliance is somewhat dampened by its complexity.
CLASSIC NEEDS TO BE READ A THOUSAND TIMES
Reviewed in the United States on August 27, 2008
The only downside of this classic is its size. If the publisher can make it smaller and easier to carry, that'll be even better.
Because this is one of those books which you cant just skim through once or twice. It takes years to master everything it mentioned.
Then you'll be the real master.
For serious traders only!
Reviewed in the United States on September 28, 2015
Look no further!
(Note: Material very intellectually challenging, but well worth it!)
Reviewed in the United States on February 16, 2015
Good book to read. But in my opinion it's a little bit hard to understand especially for one who just started to learn about this Elliott Wave. Still one of the book you should have on this topic.
I am writing to express my deep gratitude, appreciation, and admiration for your work on Wave Theory and especially for your book Mastering Elliott Wave. I have read your book innumerable times; I can say with complete confidence that it is the single best resource to understand and analyze the financial markets. It is a true masterpiece – a logician's Mona Lisa – and showcases your logical mind and the immense amount of hard work you put in to pen it. Your logical rules on structure, time, degree, complexity, proportion, and market behavior are simply extraordinary and the work of great genius. It will rank as one of the great books for analysis of financial markets, though in my mind it is the greatest. I have taken your Advanced Wave Analysis course and Neely River Trading course and have experienced the way you look at charts, which has greatly contributed to the way I look at charts. I hope you will continue to devote time for market research and new discoveries. Through your professional services of NEoWave, you are helping a vast population achieve financial freedom.
Dear Mr. Neely, you have changed my life and my outlook on life, and I am very grateful for that.
Mastering Elliott Wave is the best technical analysis book ever written, by a mile! I've read a LOT of books on technical analysis, rarely more than once. Glenn, I've read your book at least a dozen times cover to cover.
Glenn, I have read more than 2,000 books and articles about the market over the years. Without a doubt your book, Mastering Elliott Wave, was the best I have ever read. I have read it more than 12 times! I think you are a genius who was able to pull a wonderful order out of the irregularities. Reading your book changed my view of financial markets and changed my financial life. I am very interested in logic and your book is full of wonderful logic. I am working on Wave analysis day and night, so I can multiply the accuracy of NEoWave, and I have been somewhat successful. In fact, NEoWave works very accurately in Iran. I am getting dream profits! Thank you for transforming the world of technical analysis.
Since reading Glenn Neely's book, Mastering Elliott Wave, I have been able to confirm so much more theory and put it into good practice. In fact, respecting 'time' has been one of the biggest aspects of my learnings. His perspective on Wave theory is far superior to what I have read in the past. I only wish I had read it earlier! I enjoyed today's Advanced Wave Analysis class, and I have no issues with the online tutorial as I understand everything he is putting forward. Keep up the great lessons.
Mr. Neely, I have been an ardent follower of yours from way back in 1996. Thanks to the concept of Wave theory as you propagated in your book, Mastering Elliott Wave, I was able to call the bottom of the Indian market in 1998 and play the entire bull market to the day of the fall in 2000. I made a small fortune, and it has served me well ever since. As a 'youngster' of only 30 years old and with a newborn baby boy I was able to quit my investment banking job for a quiet life of trading for many years. Today I head an equity research outfit. I am always grateful to you, Mr. Neely.
Mr. Neely, your Mastering Elliott Wave book is amazingly detailed and precise. I am in my second week and about to pass Chapter 4. I can't stop appreciating how much time and effort you devoted to making this book happen. Thank you!
I have been reading your book and studying your analysis for the last five months. I think you are brilliant. I have compared your analysis to other Elliott Wave experts, and I have found yours to be vastly superior. I know that with your help and insight I will become very good at NEoWave. Thanks again for sharing your knowledge and wisdom.
Glenn, the time has come – the villa is finished and I am flying over to move in. I received full citizenship of Europe and am currently a Swiss citizen, with approval of all social benefits. As I look over all the years I have used your NEoWave Forecasting method to predict the market – and your Mastering Elliott Wave book that has guided me, along with your course – I must thank you. Without your guidance, I would never have made the fortune I have.
I very much appreciate your work. Mastering Elliott Wave is an important book in my technical analysis education.
I picked up technical methods after losing half my money in mutual funds run by MBAs who are taught what markets 'should' do rather than what they actually do. A coin flip would have yielded better results. Neely sees what no one else does and like a great genius ties it into a code of rules for wave analysis much more strictly than those before him.
Regarding Mastering Elliott Wave, I must compliment you on your achievement. I found chapters 3, 8 and 11 particularly valuable. I started studying Wave Theory about six months ago, and I needed an overall perspective of the wave count of the market. The structures and the formations in your book provided that perspective. Your forecasts and the direction of the market have been rock solid since I subscribed to your service six months ago. Your structures explain the market behavior better than anyone else.
Your book is fantastic. Thanks for all your help.
I have been studying your Mastering Elliott Wave book since it was published, and I believe it is the most complete technical guide to the stock market.
A masterpiece, the best book on technical analysis in 50 years
This book provides the most complete explanation of Elliott Wave Theory available. With proper study, the reader should be able to master with complete understanding the technicalities of the Elliott Wave Theory.
...what a feast of ideas for both novice and experienced Elliotticians! Every sentence is devoted to something important. (Neely) has obviously spent a lot of time on the illustrations to ensure the reader will understand the concepts.
This book will significantly improve your knowledge of proper rule and technique application, no matter what your current level of expertise.