Understanding the Extraordinary Value of the Elliott Wave Model: Lessons in Real-Time Application

In this one-hour presentation, recorded at the 2010 Legends of Trading Forum in Chicago, Robert Prechter makes a compelling case for why you should use the Elliott wave model. Prechter goes beyond theory and walks you through histories of actual, real-time Elliott wave application to show you the forecasting power of the Wave Principle.

Along the way, you’ll learn the thought process that makes for a successful market forecast – and how to put those forecasts into action. You’ll see dozens of unique charts and figures that put mass investor psychology into historical perspective. You’ll find yourself watching this presentation again and again to better understand the Elliott wave model and its application.

Want to learn about Forex?

Foreign exchange, or forex, is the conversion of one country’s currency into another.
In a free economy, a country’s currency is valued according to the laws of supply and demand.
In other words, a currency’s value can be pegged to another country’s currency, such as the U.S. dollar, or even to a basket of currencies.
A country’s currency value may also be set by the country’s government.
However, most countries float their currencies freely against those of other countries, which keeps them in constant fluctuation.