This book provides the clearest and easiest-to-understand analysis of Elliot Wave theory ever published, unravelling its seeming complexity. Robert Beckman, England's leading Elliot Wave expert, addresses every aspect of the theory, from its origins to its inner workings and how it is used today. Most importantly, he shows readers how they can apply the theory to forecast markets and make profitable trades. Filled with actual examples from the financial markets, Elliot Wave Explained is a superb introduction to one of the best-performing forecasting methods ever devised. Specific topics include: The origins of the Elliot Wave. The cyclical nature of the market. Applying the Fibonacci Series. The trend channel. Elliot Wave and inflation. Corrective wave formation. Charting and forecasting crowd psychology. Investing with the wave principle.