...works to start out with. The most effective pattern is Elliott Wave to about 80% probability, you will still lose money because the markets...
There are many misnomers about EWT. One being that he ascribed magical, mystical qualities to it. He did not. Just like indicators it can be an...
To be fair to Ralph Nelson Elliott, his financial data curation skills 90 years ago sounds pretty impressive. Interesting in the way some...
You werent smart enough to know that was a waste of time?
Yes Elliott Wave Forecast (that likely pay his estate for use of name). Not Elliott himself, who long ago died.
XLV is a defensive sector thats why I think..
I tested Elliott Wave with some of the known softwares around for auto detection going walk-forward and they all failed miserably. But hey,...
...soon as I created this thread, so as not to confuse anyone, as I am not trading elliott waves. So i changed "correction" to "pullback" for example.
Impulse and corrective are terms in the EW lexicon. But the whole point of identifying them is to know if a 3 wave or a 5 wave move is coming. Big...
A little late to mention this now, but ES has been holding up better than NQ for a while now. Did you ever consider shorting NQ as well or...
For me it's been the opposite. Only times I've really been consistently profitable (trading) was after forcing myself to do the wave counts. It...
I found it most of times subjective till I started adding Tom DeMark's D-Wave to EWT. Counting HHs and LLs or just closes in fib sequences such as...
I followed Elliott Wave in the beginning of my trading career but soon gave up due to its subjectiveness. Anyway, been adding to my existing short...
...way. OHLC especially open and close. I also apply things like Elliott Wave, price retracements, projections and expansions but where price...
Read quote again and then with eye on the question, "does elliottwave predict what Rouble will do next?" .......... dig this...
I never was favoring this count... just couldn't eliminate it (yet). The count is rarely clear (at least to me) until close to the end of a...
Are you still favoring this scenario? Reason I ask is because if the drop from Top is a Wave 4, then pls note that Wave 4 ended yesterday in...
I was on the Elliott Wave forum for a while but quit when I saw it was pretty worthless for intraday price action and analysis. Longer term ?...
...daily level I had was breached and closed below locking in Elliott Wave count to the downside and tomorrow being Friday I wouldn't be surprised...
...anything huge. He writes like a loon anyway. With regards to Elliott wave, at the end of the day, it boils down to TREND LINES. That's all...
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