Книга: Ralph Nelson Elliott «The Wave Principle»

The Wave Principle

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&34;The Wave Principle&34;. Elliott stated that&34;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.&34;

Формат: 152x220мм, 74 стр.

ISBN: 9781607964964

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Ralph Nelson Elliott

Ralph Nelson Elliott (born July 28, 1871, in Marysville, Kansas, United States; died January 15, 1948) was the creator of the Elliott wave theory, which is based on Fibonacci numbers and is used to describe market trends in the stock market. He married Mary Elizabeth Fitzpatrick (1869–1941) in 1903.

Источник: Ralph Nelson Elliott

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