I just read Mohammed, review of the Elliott Wave Principle: Key To Market Behavior, and I must admit that his review was absolutely spot on and I highly commend him for offering such detailed analysis on such a intricate, complex subject matter. Robert Prechter is a pioneer in the field of EW and he has done extensive research in this field and brought to the forefront some of the best technical analysis methodologies based on the principles of Elliott Wave.
The EW theory based on a 5 wave count discovered by Ralph Nelson Elliott, is an extremely accurate forecasting tool for measuring and identifying the inherent cycles within the financial market. I have over 20 years experience as a Commodity broker and financial analysis and have successfully utilized these principles in my own trading. I would highly recommend this book to any student or trader interested in furthering their knowledge.