Go to Amazon, buy the 2nd Edition, clear your schedule for the weekend, and get ready to look at charts in a way you never have before. Have you tried NeoWave? Did it help your trading or melt your brain? Let me know in the comments below.
The author is still alive and actively teaching. If you value the work enough to use it for trading, you should value it enough to pay for the $50 paperback. That small investment will force you to actually read it, rather than letting a scanned PDF collect dust on your hard drive.
In his 1990 classic, , Neely doesn’t just rehash Elliott’s work. He presents a radical, rigid, and highly mechanical version of the theory he calls NeoWave .
Many traders give up. The method requires redrawing your charts constantly and ignoring the actual price action for the "structure." By the time you validate a pattern using Neely’s rules, the move is often over. Final Verdict Mastering Elliott Wave is not a beginner’s book. It is an advanced text for traders who have tried everything else and still want more rigor.