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Ralph Nelson Elliott (28 July 1871 – 15 January 1948) was an American accountant and author whose study of stock market data led him to develop the Wave Principle, a description of the cyclical nature of trader psychology and a form of technical analysis.
Learn about the Elliott Wave Principle, a method of analyzing market movements based on the work of Ralph Nelson Elliott. Discover how to identify waves, patterns and probabilities in financial charts and apply them to your trading.
Ralph Nelson Elliott (1871–1948), an American accountant, developed a model for the underlying social principles of financial markets by studying their price movements, and developed a set of analytical tools in the 1930s.
Sep 8, 2023 · The Elliott Wave Theory was developed by Ralph Nelson Elliott. It provides a technical analysis of price patterns related to investor sentiment and psychology.
The Wave Principle is Ralph Nelson Elliott's discovery that social, or crowd, behavior trends and reverses in recognizable patterns. Using stock market data as his main research tool, Elliott isolated thirteen patterns of movement, or "waves," that recur in market price data. He named, defined and illustrated those patterns.
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Mar 17, 2023 · Learn about the life and achievements of Ralph Nelson Elliott, the American accountant who developed the Elliott Wave Theory. Discover how his theory explains market behavior and forecasts price movements based on investor psychology.