Sreating specific and measurable Wave Principle patterns

The Wave Principle is a detailed description of how to treat groups of people. It reveals that mass psychology swings from pessimism to optimism and back in a natural sequence, creating specific and measurable patterns.

One of the easiest places to see this phenomenon at work in financial markets, where changing investor psychology is recorded in the form of price movements. The idea is that if you can identify repeating patterns in prices, and figure out where they are repeating patterns we are today, then you can predict where they are going in the future.

The Elliott Wave Principle is named for its discoverer, Ralph Nelson Elliott. Mr. Elliott completed the bulk of his work on the principle in the 1930s and 1940s.

Today, the principle is one of the most widely accepted methods of analysis of the market in the world.

The purpose of Elliott Wave International is to outline the progress of financial markets in relation to the Elliott Wave Principle and to educate interested people in the successful application of the principle is.