Post
Topic
Board Speculation
Re: Critical Levels - EW analysis
by
uki
on 30/10/2015, 11:37:59 UTC
It's interesting watching the charts in this thread invalidated within 24 hours. Where is your God now, Elliot wavers?
That is why I am not a big fan of EW. Getting the right wave count is never that obvious and sometimes even after the fact you may say that the counting is disputable, to say the least. There is also almost always an alternative count possible that yields very different, if not the opposite outcome. Happened quite a lot of times to me in the gold charts vs. USD and that is why I gave up on it.
Having said all that, I don't want to discourage posters in this thread from posting their predictions. It is great job and interesting exercise, even if your predictions are not that accurate.