Elliot Wave Counts in FOREX

Hi, I recently read an article by Ian Copsey that speaks about elliot wave. It is a wonderful forecasting tool that many big traders use like Paul Tudor Jones etc. But the thing is, Ian mentioned that after many years of practise, he discovered that the wave count for forex is different. Anybody knows what is the wave count for forex?

If you going to count, count the daily bar. forget about 1hr, 4hr. it can not be done. If you have read balan's book, the trading technique involves heavily reversing your position if your count is wrong. if that is the case, you might as well trade the break out of major s/r level, and forget about the count.


just my 2 cents.