July 28 would have been Ralph N. Elliott’s 140th birthday, so it’s a fitting time to post an excerpt from his essay, “The Basis of the Wave Principle.” There’s nothing like reading for yourself what the discoverer of the Wave Principle wrote about how it works. This essay is taken from the book, R.N. Elliott’s […]
Read About the Elliott Wave Principle in R.N. Elliott’s Own Words on his Birthday
Applying Elliott Wave Theory to Recent Trades
Ralph Elliott, an American market analyst, discovered the basic principles in the 1930s studying the Dow Jones Index
Learn Basics of Elliott Wave Analysis — FREE
Ralph Nelson Elliott discovered the Wave Principle in the 1930s. Over the decades, his discovery was kept alive by a handful of individuals. A few of those, such as Bolton, Prechter and Frost, educated investors on how to use pattern analysis in financial markets. To help out Elliott Wave International’s readers in learning the basics of the method, we put together a free 10-lesson online tutorial. Here’s an excerpt.
How to Channel an Impulse Wave on a Price Chart
How do you choose one lesson from a basic tutorial that is chock-full of excellent information about Elliott wave analysis? You use a time-honored method to end up with “how to use the chaneling technique with impulse waves.”