Elliott Wave Theory

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Elliott Wave Theory

Technical market timing strategy that predicts price movements on the basis of historical price wave patterns and their underlying psychological motives. Robert Prechter is a famous Elliott Wave theorist.

Elliott Wave Theory

A theory of price movements stating that all stocks move in waves roughly analogous to waves found in nature. The Elliott Wave Theory holds that stock prices move up a total of five times and down a total three times in succession; once the cycle is completed, it starts again. Unlike other, similar theories, the Elliott Wave Theory does not apply any particular time frame to its waves.

Elliott Wave Theory

A technical tool developed in the 1930s by R. N. Elliott for explaining stock price movements in terms of the sociological factors of investor optimism and pessimism. The theory holds that market movements occur in five waves in a given direction (up or down) followed by a correction of three waves in the opposite direction. According to the theory the wave patterns repeat themselves and can be used for forecasting market movements.
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Learn how to trade using the Elliott Wave Principle with the newest book in the Bloomberg Financial Series
The latest installment in the Bloomberg Financial Series offers an easy-to-use guide to trading with the visually-based Elliott Wave Principle.
The Impact of Human Patterned Behaviors on the Mission of the Church: An Application of the Elliott Wave Principle.
Through hours of research and usage Ian Copsey has unearthed a fundamental error in the structural development of price behavior as defined by the Elliott Wave Principle.