robbb...
i find elliot wave analysis
the hardest of any technical indicators
to try and make some consistence sense
of....
a few times ive been 'hammered' by other posters
that there e wave software is right and my
analysis is not right etc
so many different interpretations of what
might be happening along with so many similar
but slightly different patterns...
right or wrong i think volt is on about the
magnitude of yur first couple of waves along
with his sinicism of the reliability
of e wave theory...
the below indicator is thru a proprietary
calculation always projects a declining/
or inclining 5 wave pattern determined by
the size of the first leg...all though open
to interpretation u can get a feel what might
look plausible...
(not saying im right but just an exanple :)![]()
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