Based on a hidden order which can be solved for any financial market, The DELTA Phenomenon, discovered by Welles Wilder® actually plots expected market. In the same year, Sloman sold the DELTA method to Welles Wilder, the Wilder decided to publish The Delta Phenomenon giving 75 percent of the profits to. My name is Welles Wilder. 1 wish that I could say that I discovered this phenomenon, but I’m not that smart. It all began with a phone call. It was the second week.
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It teaches how there are market cycles “delta cycles” that are based on astrological relationships like full moons. The cycles predict the turning points in any market, and there are cycles of different lengths – 19 years, 4 years, 1 year, 4 months, and 4 day cycles.
BOOK REVIEW: The Delta Phenomenon
Sometimes the cycles have a point where they change, called an “inversion”. Other than the occurrence of an inversion, the cycles are constant, so you have the ability to extrapolate the cycle far into the future.
The Delta Cycles supposedly work in any market, but each weles market has a unique cycle. This book is explicit in admitting that the Delta cycle is not a complete trading system. It is simply an indicator used to aid in forecasting.
The problem with that statement is that the criteria for Delta cycles is very objective and mechanical, which means that it can easily be back-tested to see if there really is an edge. To be fair though, most useful technical analysis techniques are subject to interpretation, and many users of Delta say that the cycles do indeed need a lot of interpreting. There has also been chatter among traders that the Delta cycles work well with other indicators like Fibonacci or Elliot Wave.
The Delta Phenomenon
This makes sense on the surface since Delta predicts the timing of cycles but not the magnitude, and Elliot Wave predicts magnitude but not the timing. I bought this book around It was one of the few times where I wasted money on a trading resource.
Normally I would have rated this book 2 to dellta stars since cycle analysis is indeed a valid theory, but the hype and cost take away much of the book’s credibility. My Book Reviews –! Unfortunately, this book has many of the telltale signs wildfr a scam: The aura of secrecy could explain why there have always been whispers in the trading forums about this book. Almost every trading forum on the internet has a poster that asks “Has anyone ever read The Delta Phenomenon?
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