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Elliott Wave Principle: A Key to Market Behavior by A J Frost, Robert R Prechter Elliott Wave Principle: A Key to Market Behavior PDF Elliott Wave Principle: A Key to Market Behavior by by A J Frost, Robert R Prechter This Elliott Wave Principle: A Key to Market Behavior book is not really ordinary book, you have it then the world is in your hands. The Elliott Wave Theory is a stock market investment strategy that determines if a potential investment is in a sustainable (and therefore tradable) trend. The theory is based on the fact that when you get a bunch of people together (the stock market is, after all, just a bunch of.
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.'