The Elliot Wave Theory, as introduced by R.N.Elliott in the early 1930's defines, quantifies and classifies the seemingly random undulations of mass psychology (market action) into visual price patterns.
Since R .N. Elliott described psychological development as structurally repetitive phenomenon which obeys common mathematical laws of progression, studying the record of a market's price action will provide you with strong clues on the current state and position of mass psychology (within a standardized sequence) and its futures economic ramifications.
Unfortunately, in its original form many concepts and ideas concerning real-time application of the Elliott Wave Theory were left to the analyst to discover.
After a decade of exhaustive research, real-time trading and teaching, Mr Neely has greatly expanded upon and refined the concepts first discovered by R N Elliott to help you more accurately apply them to your trading, investments and business endeavors. For the first time, these concepts are presented in a logical, step-by-step fashion, in the actual order they should be applied to a price chart.
Consequently, all guess work typically associated with the Wave theory has been eliminated for you. If you yearn for a greater understanding of the dynamics of market price action, if you long for the ability to predict the future (for profit or for fun), this book will achieve your goal like no other.
'What a feast of ideas for both the novice and the experienced! Every sentence is devoted to something important. Neely has obviously spent a lot of time on the illustrations to ensure the reader will understand the concepts.'
Bruce Babcock Commodity Traders Consumer Report
'This book will significantly improve your knowledge of proper rule and technique application, no matter what your current level of expertise.'
Cycles Magazine.
'I just received your book Elliott Waves in Motion and found it fascinating. Both breadth of content and depth of understanding lead me to say that you are probably the leading Elliott Wave market specialist in the country.
James E Schildgen, Capital Futures Associated
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