- Hardcover: 244 pages
- Publisher: New Classics Library; 10 edition (31 January 2005)
- Language: English
- ISBN-10: 0932750753
- ISBN-13: 978-0932750754
- Package Dimensions: 23.9 x 16.3 x 2.3 cm
- Average Customer Review: 1 customer review
- Amazon Bestsellers Rank: #1,69,136 in Books (See Top 100 in Books)
Elliott Wave Principle: Key to Market Behavior Hardcover – 31 Jan 2005
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Most helpful customer reviews on Amazon.com
The basics of the Elliot Wave Principle involves counting the peaks and troughs of waves exhibited in a time series chart of market data. After a number of peaks and troughs have been counted and categorized, a complete cycle is assumed, then the cycle starts again.
This could be a good indicator of whether a current trend will continue but like I mentioned in the first paragraph of this review, it might look good on paper but when new money is brought into the system, it all changes.
I am not the smartest, and a lot of the pages had to be re-read. But it has already given me a better understanding.
I thought Constance Brown did a good job of trying to actually allow the reader to use elliot wave theory first through practise and then outline the correct method through her exercise pieces.
Again very well written book and excited to re-read for the second time.