Back in the old school days of the 1920-30s, there was this mad genius and professional accountant named Ralph Nelson Elliott.
By analyzing closely 75 years worth of stock data, Elliott discovered that stock markets, thought to behave in a somewhat chaotic manner, actually didn't.
When he hit 66 years old, he finally gathered enough evidence (and confidence) to share his discovery with the world.
He published his theory in the book entitled The Wave Principle.
Read more: http://www.babypips.com/school/elliott-wave-theory.html#ixzz2VyvpLxez
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