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Article: Refining Elliott wave zigs and zags. (Trading Techniques).
- Article from:
- Futures (Cedar Falls, IA)
- Article date:
- January 1, 2003
- Author:
CopyrightCOPYRIGHT 2003 Summit Business Media. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Extensive research shows that Elliot wave patterns are quite different in shape and frequency than previously thought. Knowing the most common shapes makes it easier to forecast market action more accurately.
This is the third article in a six-part series outlining recent research into the Elliot Wage Principle and how to use this information to gin a distinct trading edge.
Since the 1940s when Ralph Nelson Elliott discovered patterns within the price charts of liquid markets due to mass human emotion flowing from hope to fear and back again, the Elliott Wave Principle has been the subject of constant controversy, even among Elliott experts. If the best ...