to be quite honest i never studdied elliots. but i have seen others say this or that about them. then other elliot gurus cut them down. saying this is wrong yada yada. so it put me as a bystander nuetral. because its all seems left up to interptation. and many seem to follow different rules. i wasnt making sport of what you said. i was asking if you have a good track record percentage or not. and if you do about how often are these waves wrong? since as always there conflicting signals. for instance you be using a 15 min chart and others may be...
sorry to any EW expert out there ... but I have learnt by using ew on advanced get that all this waves within waves and i II II etc just makes EW thoery harder than it really is and when it all goes wrong they say ' oh must have got our wave count wrong'
all EW simply is, is fib retracements and fib extensions that simple.
here is an example.....
if a $4000 computer generated programme cannot decide wtf is going on and what waves we are in how can any mere human ?
.. chart 1 in the bear flag .. computer is 
there are time waves work well and time that price action and simple fib reatrcements and liekly areas of reatrce work better . all we have here is a bear flag ... that is it. KISS.
now lets say that the retracement ends at around whole number 1.4500 , we have a 1-2-3 sell formation in the daily on which we can put fib extensions for possible down side targets of 100 fe at 1.3580 and 161.8 fe of 1.3000 .. chart 2
EW guys will say this is wave II within wave 4 within wave 1 within wave I on the decade chart just to make it look more complicated than it really is. ..... simple fact is that the down move of 900 pip must have some form of reatrcement and the strength of that retracement will till you how the buyers feel about the pair ( a 250 pip retrace of a 900 pip down move is weak).
great conversation and topics of discusssion in here ...love it.
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