Elliott Wave Principle



Welcome to this course on Elliott Waves!

The theory of Elliott Waves was developed by an accountant, Ralph Elliott Nelson, who systematically studied 75 years of stock market data over varying time intervals. What he found is that even though stock market prices seemed to be completely random, they actually followed predictable movements.

Mr. Elliott noticed that the same pattern formations would occur over and over, as a result of the repetitive nature of human behavior. By learning how to identify these patterns, you can bring order to the apparent chaos in the market and you can predict future price movements.

This course will outline the most important aspects of the Elliot Wave Principle.