The Wave Principle

Amazon.com Price: $16.44 (as of 14/05/2024 14:40 PST- Details)

Description

The Elliott Wave Principle is a form of technical analysis that some traders use to analyze financial market cycles and forecast market trends by identifying extremes in investor psychology, highs and lows in prices, and other collective factors. Ralph Nelson Elliott, a professional accountant, discovered the underlying social principles and developed the analytical tools. He proposed that market prices unfold in specific patterns, which practitioners today call Elliott waves, or simply waves. Elliott published his theory of market behavior in this book “The Wave Principle”. Elliott stated that “because man is subject to rhythmical procedure, calculations having to do with his activities can be projected far into the future with a justification and certainty heretofore unattainable.”

Additional information

Author

Ralph Nelson Elliott

Reviews

There are no reviews yet.

Be the first to review “The Wave Principle”

Your email address will not be published. Required fields are marked *