Elliott Wave Principle. The key to understanding the market

Author: Р. Prekter, A. Frost

Publisher: Alpina Publishers, 2010.
Supercover, 272 pp.
ISBN 978-5-9614-1376-2
Circulation: 1500 copies.
Format: 70×100/16 (~167×236 mm)

FROM THE PUBLISHER OF THE TRADER'S BOOK

"Elliott Wave Principle" by Robert Preckter and A.J. Frost, a Wall Street classic. This book is a translation of the 20th edition. Thanks in large part to Prekter and Frost's book, most of today's professional investors, traders and analysts are familiar with Elliott theory and use it in practice.

While researching financial markets, Ralph Nelson Elliott discovered that prices change according to recognizable patterns. He named, defined and illustrated these patterns. The wave principle is not only one of the best methods of forecasting, it is first of all a detailed description of the markets behavior. Such a description provides an enormous amount of information about the position of the market within the behavioral continuum and thus tells us about its likely future path.