Discussion in 'Trading' started by michaelday, Sep 11, 2001.
What are the best sources to study this theory and how effective it is in your opinion?
try here....they've got a free course on it
The "bible" on Elliot wave theory is: "Elliott Wave Principle : Key to Market Behavior" by Robert R. Prechter Jr., A. J. Frost
That being said: I never found Elliott wave theory useful. For each rule they have multiple exceptions, and I was never able to codify any of the principles in a way that was productive consistient profitable results.
As with everything else in trading, I'm sure that someone else has made a fortune off of Elliott Wave methods .. it just never worked for me.
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