Disliked{quote} It's funny what they counting. I allways scratch my head - how EW count his waves. Since 2 years EW predict 1.xx. EW is calling now bottom in place.Ignored
well, the 1.xx prediction, or 1.18, or parity, would have happened, when the masses were not so stupid to fall for Draghis "all what it takes" to safe the Euro(zone).
At round about the same time the FED came with QE3. Who could have thought that they were soooooo stupid to debase the currency even more and to create ever bigger bubbles again?
But I agree with you that many of their counts are flawed (or their reluctance to say: shit - we were wrong; or: shit - the unlikely has happened). I have read them for the past 5 years. I finally cancelled all my subscriptions because I was so fed up when I noticed, that they presented different counts in their various outlets.
Especially annoying I found the fact, that I paid for their "short term update", which comes thrice a week, but since they are also selling the speciality currency updates the counts of EURUSD suddenly started to get only very rudimentary. I can not remember when they showed last time a detailed EURUSD count in the short term updates. What am I paying for? And that is only one example of many I was not content with.
Another example is their Global market perspective. All in all that is a valuable source of information. A few months back I noticed, that they were simply recycling articles from the Financial Forcast, the European Financial Forcast etc. in this Global Market Perspective. That is annoying to read the same articles in different outlets.