GOLD 0.51% $1,391.7 gold futures

relax, page-5

  1. BH!
    2,521 Posts.
    Thommo,

    Yeah, I've read plenty of Elliott Wave stuff over the years and I'm pretty skeptical.

    To me, it seems more like a "hind-casting", rather than a forecasting tool, in that you only know with certainty what the a-b-c and 1 to 5 waves are once it's all happened.

    You have followers continually arguing about what count we are in at a given time and what sequence. Additionally, if you change your timeframe (say, from daily to weekly), the entire pattern can change.

    So, no - it's never really appealed to me.

 
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