Harmonic Elliott Wave. The Case for Modification of R. N. Elliott's Impulsive Wave Structure. Wiley Trading
- ID: 2243152
- June 2011
- 256 Pages
- John Wiley and Sons Ltd
Ian Copsey is one of the most accomplished Elliott Wave practitioners. While respecting the "brilliant findings" of R.N. Elliott, Copsey explains in rich detail how a few changes to the original impulsive wave structure have allowed him to achieve more consistently accurate analysis. Some traditionalists may find his work provocative but Elliotticians of all hues will benefit from studying his insightful observations.
A few years ago, Ian Copsey had something of an epiphany. He became aware of anomalies in the work of the celebrated financial markets technical analyst, R.N. Elliott. Elliott's Wave Principle proposed that financial markets proceed in a pattern of impulsive and corrective waves. Copsey's computer–based research led him to believe that the structure of the waves developed differently than in Elliott's works. Based on that research, Copsey proposed strong guidelines for strategies to apply the new "harmonic" wave structures to financial markets. After successfully testing his theory, Ian Copsey has presented, in Harmonic Elliott Wave, a robust argument for his innovative treatment of wave principles.
Executive Director at First Pacific Securities
Vice President at Australian Professional Technical Analysts (APTA)
In the late 1930s, Ralph Nelson Elliott published his market observations called The Wave Principle. Many forecasters have applied this powerful methodology with success, until they get the wave count wrong. Now, three quarters of a century later, the techniques of trying to fit a wave count is less of a challenge with Ian Copsey's Harmonic Elliott Wave. Ian's 20 years of market observations, aided by computer power, has come out with an objective way of determining wave relationships. All these lead to a more accurate forecast of price.
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Chapter 1 R.N. Elliott's Findings: Impulsive Waves.
Chapter 2 R.N. Elliott's Findings: Corrective Waves.
Chapter 3 Impulsive Wave Modification.
Chapter 4 Projection and Retracement Ratios.
Chapter 5 Working with the Modified Wave Structure in Forecasting.
Chapter 6 A Case Study in EURUSD.
Chapter 7 The Modified Structure in Other Markets.
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.