MY PROFILE

I am a fan of the Elliott Wave Principle from RN Elliott. I consider his first published papers as being the first version which Robert Prechter also published in the yellow book.  RN Elliott recognized the patterns without the help of computers and fancy software. Doing Elliott Wave analysis with simple pen on paper keeps objectivity alive and forces us to think more in real time. The majority of wave analysis is done using pattern recognition and not the price of any single asset. Where any price can go is worthless information if the pattern is not recognized. Wave analysis can also be used for much more than just financial charts as wave patterns show up in other natural recordings. Whenever there is a crowd, and the hype is skewed in one direction, then there is a very high chance that this hype is misplaced or has run its course.  You can also follow me on Twitter, BB@EWfivepointzero.

Email waveresearchservices@shaw.ca

 

Favorite Books:

Extraordinary Popular Delusions and the Madness of Crowds, The Fourth Turning, Market Wizards, The New Market Wizards, Ten Lost Years 1929-1939, The Winter Years, The Great Depression 1929-1939, The Way The World Works, The Revolution, The 80/20 principle, Elliott Wave Principle, Leonard of Pisa, Prechter’s Perspective, At the Crest of the Tidal Wave, Conquer The Crash, Market Analysis for the New Millennium, The Wave Principle of Human Social Behavior, R.N. Elliott’s Masterworks the Definitive Collection, Magnetic Reversals and Evolutionary Leaps, Not by Fire But by Ice, Chronicle of the 20th Century, Millennials Rising-The Next Great Generation.