CHAPTER 1
Using the Elliott Wave Principle to Evaluate Mass Psychology
In this first chapter I will help you develop a better understanding of balance and proportion throughout market price data. As the discussion evolves we will be able to consider the sentiment of market participants and why the price movement defines patterns we will find to be repeatable reactions in any time frame. It is so important to understand how to read price data and to see the geometric relationships that occur within a chart, that it would be very helpful for you to read this chapter and then turn to your own computer screen to use the tools described here to work with your own charts. Taking time now to make your own observations and develop your eye with regards ...