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In this video we are going to reach back in time to at a look at Ralph Nelson Elliott, if you are new to the financial markets or do not know what technical analysis is then you probably have never heard of Ralph Elliott before. Elliott is the father of the Wave Theory, which is commonly called and more accurately described as the Elliott Wave Principle. Born on July 28, 1871 in Marysville, Kansas, Elliott reached his ultimate achievement late in life by a circuitous route. After a long career in various accounting and business practices, R.N. Elliott was forced into an unwanted retirement at the age of 58 due to an illness contracted while living in Central America. Needing something to occupy his mind while recuperating, he turned his full attention to studying the behavior of the stock market. By Barry Norman, Investors Trading Academy.