In , Mr Frost delivered a speech on the Elliott Wave Principle before the Market Technicians Associations. There he met Mr. prechter, whom he found to. The Wave Principle is Ralph Nelson Elliott’s discovery that social, or crowd, behavior trends Lesson 1: I A.J. Frost, Robert Prechter. Elliot wave principle.

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Would you like to tell us about a lower price? If you are a seller for this product, would you like to suggest updates through seller support? A Great Classic for Three Decades: Have any of them given you a successful method for making profits and reducing risks?

Is there even one such book that has proven reliable over the years?

Alas, most investors would say “no. For years investors keep buying the book, and they keep using the method froost make the most of their opportunities. Three decades years ago — — is one of the last times an investment book was written that is worthy of being called “classic.

The young man had earned a lot of attention in a short time by using a forecasting tool that almost no one had heard of.

Elliott Wave Principle: Key to Market Behavior | General Finance & Investments | Subjects | Wiley

Yet his market forecasts were startlingly accurate: Robert Prechter was the young man’s name, and he used a method called the “Elliott Wave Principle. Frost was one of the few other financial professionals who used the Wave Principle.

In a distinguished year career, Frost had likewise made many astonishingly accurate forecasts.

His colleagues regarded him as the consummate technical analyst. Frost and Prechter met in May of prechtter became fast friends. The Dow Industrials stood at But the brash forecast in this new book called for a Great Bull Market.

It became a runaway best seller. Three decades is enough time for investors to deem a book about an investment method as “classic,” and surely the jury is in on this one: Elliott Wave Principle is now published in seven languages, and continues to sell thousands of copies every year. In Europe, Asia and the Americas, literally frst of investors worldwide use or recognize the Elliott Wave method for profitable investing.

Elliott Wave International is proud to present the 10th edition of this investment classic. It’s designed to help the Elliott Wave novice and the veteran practitioner. It’s time to consider what this definitive text offers you. Here’s a sample preechter what you’ll learn: The basic tenets of Wave Theory: You’ll read simple explanations of the terms, and how to identify all 13 waves that can occur in the movement of stock market averages.

The rules and guidelines of Wave analysis: You’ll learn the basics of counting waves, how to recognize the “right look” of a wave, plus lots ad simple steps for applying the rules. The scientific background of the Wave Principle: How you can see it in nature and the universe, in art and mathematics, even in the shape of the human body. You’ll see how the Wave Principle gives history greater meaning, from the fall of the Roman Empire through the Middle Ages into orechter financial upheavals of the 20th Century.

Understanding these monumental trends will help you position yourself for long-term profit and protection. Stocks, commodities and gold: The Wave Principle is your guide to the movements of any financial market.


Few pfechter can match the exhilaration you’ll feel when a Wave Principle forecast has you in the market when it moves up, or takes you out just before it moves ahd. The book is essential reading for you to receive the most from what the Theorist says every month — in fact, all of EWI’s publications continually reference this book. Read more Read less. Discover Prime Book Box for Kids. Customers who bought this item also bought. Page 1 of 1 Start over Page 1 of 1. Visual Guide to Elliott Wave Trading.

Technical Analysis of the Financial Markets: How to Master the Time and Price Advantage.

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Trading in the Zone: Elliot Wave Techniques Simplified: Customers who viewed this item also viewed. A Key to Market Behavior. Mastering Elliott Wave Principle: New Classics Library; 10th edition Language: I’d like to read this book on Kindle Don’t have a Kindle? Is this feature helpful? Thank you for your feedback. Share your thoughts with other customers.

Write a customer review. See all customer images. Read reviews that mention elliott wave stock market wave principle elliott wave wave theory technical analysis financial markets read this book make money long term place to start rules and guidelines lot of money must read wave international well written makes sense price action elliott waves big picture.

Showing of reviews. Top Reviews Most recent Top Reviews. There was a problem filtering reviews right prechteg. Please ad again later. Nice to learn more about Elliot Wave. Nice read though, but quite expensive for a book thats only partly of use for the average trader.

Go look for the book of Ramki 5 waves of financial freedom which is cheaper and at least as good imo. After reading this book, i found it to be an excellent book and essential if you want to read chart stocks. Elliot waves and the simplicity of the system makes it so anyone can understand a stock and how it moves.

The Fibonacci system works with the Elliot precchter to better understand and predict movements. I found the Elliot wave to be described quite well and how it works, but lacking information on Fibonacci system and how to utilize it best. I found after reading this book, studying Fibonacci sequence on the computer i understood the procedure of how to apply it which i was lacking. I guess i found the Fibonacci to be more theoretically discussed and less practically discussed is my only critic!

Kindle Edition Verified Purchase. If you are interested ans Elliott Wave analysis and I believe you should bethen this is the best source of information you can find. Save your money, and buy this book. It will tell you everything they are going to tell you I guarantee you they read the book, too. Chances are, once you have a good understanding of the material in the book, you are going to have just as much chance of being correct on your counts.

I always disregarded the Elliott Wave Principle due to what I had heard about Robert Precter’s stubbornness about some terrible ‘calls’ early in his career that he refused to abandon when proven wrong by the market price action. This book confirmed prevhter of my predetermined beliefs frots Mr.


Prechter with the books continual touting predictions made in the past by Mr. Elliott and many top Elliott wave practitioners. This book also drifted into other social and history of the world patterns that while I enjoyed the insights I thought they were a little too far away from the books primary purpose of trading the wave principle.

I had to eventually get this book and see what the Elliott Wave Principle after watching some of the best traders I have seen on social media say this is a major component of what they do.

For me this book was to broad and scattered for me to really grasp the concept of how to trade the wave patttern inside a trading system with risk management and proper snd sizing on the right time frame. This is more of a broad overview and guide of the principles of the Elliott Wave theory and not a how to manual. I do think it is a great place to start but there has to be better books out their on how to apply this to trading it in the real world. If you are a trader of stocks or bonds you may already be familiar with Elliot wave theory.

If you do not know about wave theory, then this book is a great place to start. Knowing the principles frosh Elliot wave theory is essential for understanding the ups and downs of the stock market.

As a caveat, I should add that understanding Elliot wave theory is only one tool that every trader needs in order to be successful. However, combined with an understanding of all the other indicators including Japanese candlestick charts, a day trader or a short-term trader should be quite successful.

There are problems with stock market predictions using past performance. When making predictions by back testing old data, a chart technician doesn’t take into account that the model while change when new money is injected into the system. The intensity of the change is proportional to the amount of money invested.

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.

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A.J. Frost, Robert Prechter – Elliott Wave – PDF Drive

This is about the best reference on Elliott Wave you can find. The method and techniques really helped me see the bigger picture and improve the odds in my favor. As more of a modern day classic to traders this book is very valuable as a trading device and also as a way to interpret history.