Free Elliott
Wave PDF
The free Elliott
Wave PDF by Kenny at Traders
Day Trading
is our quick start guide that will give you a very good
overview of the basics of the Wave theory.
The PDF gathers together much of the information on EW that is
published on this site into a handy PDF reference guide which is free
to download. Our file is original and is located on our servers, so you
can be assured that it will not contain any malicious software
whatsoever.
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Elliott
Wave Principle, Now
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Free
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The Elliott Wave Principle
The basic
Wave theory is founded upon the concept that the markets
price movements are not a result of the latest news headline, but are
in fact a direct product of the mass psyche of the market participants.
Elliott Wave
theory
concludes that it is
the collective
psychology of the crowd
that moves prices as the mood swings back and forth from
optimism to
pessimism....fear and
greed.
How
many times do we see the market drop on supposedly good news,
or
a stocks price rise on the announcement of some pretty disastrous
results? Of course, the talking heads will always find an angle to
explain away these discrepancies, such as 'results were not as bad as
expected'
or something similar, that is their job after all.
For a technical analyst it is not the news that matters, or even the
numbers in those results,
it is the market's reaction to the numbers that is
the only thing that matters and is all that he is
interested in.
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