Harmonic Elliott Wave : The Case for Modification of R. N. Elliott's Impulsive Wave Structure

Through hours of research and usage Ian Copsey has unearthed a fundamental error in the structural development of price behavior as defined by the Elliott Wave Principle. From his early findings that trending waves ended prematurely and the vagueness of the wave relationships he began to realize that trending waves do not develop in the manner which R.N. Elliott described in his findings.With a stubborn fastidiousness he has pieced together a modification to the original Wave Principle that both defines the correct structural development and unearths the common ratios that identify related waves. By painstaking attention to relating the fractal price movements that constitute the next larger degree waves and matching these with the expectations drawn from the next larger wave degree he has been able to solve an issue that has confounded Elliott Wave followers for many years. Subscribers to his daily report he writes often write in amazement at the frequent accuracy of the trading levels he generates from this process.In this book he reveals the methodology, the common ratios that link different parts of the wave structure and provides a wealth of practical examples to explain his findings. Through this methodology he shows how waves develop and dispels the misconceptions that have been common practice by Elliotticians over the years. He supports his methods by consistently ensuring that waves are related by common ratios to help the reader apply the techniques with greater understanding and accuracy.

Ian Copsey is a veteran technician having begun his career in Foreign Exchange over 28 years ago. He provides his daily forecasting report on the Forex market through www.fx-forecaster.com and www.harmonic-ewave.com.
His book Integrated Technical Analysis has been enjoyed by readers all over the world. His experience ranges from working in Barclays' trading rooms in London and Hong Kong, to acting as a technical analysis specialist for Dow Jones Telerate in Tokyo where he provided seminars for bank traders and later as the regional manager for technical analysis products in Asia Pacific. He is also an experienced speaker at seminars. He has lived in Asia for over 22 years in Hong Kong, Singapore and Tokyo where he now lives with his Japanese wife.