dont get me wrong
I did not say its useless
I said it has different referance points
EW must but without a central data its been changed from data feed to data feed
I did not say its useless
I said it has different referance points
EW must but without a central data its been changed from data feed to data feed
DislikedI beg to differ...yes I agree it would be great to have one data center but I believe EW to be most effective on FX instead of stock and futures. To many gaps in stocks and futures it is harder to read then Fx with only potential one gap over the weekend. I think the hardest thing about EW is the many interpretations that can be given for each wave and still have it make sense. I have approached EW more with the idea of what is the main direction of the EW waves and then I use my bollinger bands for entries and some exits. EW has been great to me,...Ignored