EW and EWI are not synonymous. Plenty of people use Elliot
Wave besides EWI. Steve right here at BPT is sure good.
Matt, I think, uses it well by applying it in certain chart
scenarios to strengthen trade signals. And Caldaro has been
quite accurate with his calls for a long time. There's a lot
you can't call with EW that maybe Prechter has tried to call.
So don't subscribe to EWI. But for what you can call, these
guys I mention use it well. Its foolish to just bash Elliot
Wave over and over. There are people making good use of
it.
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EW and EWI are not
$RUT
Posted by Michael on 30th of Mar 2011 at 07:39 pm
EW and EWI are not synonymous. Plenty of people use Elliot Wave besides EWI. Steve right here at BPT is sure good. Matt, I think, uses it well by applying it in certain chart scenarios to strengthen trade signals. And Caldaro has been quite accurate with his calls for a long time. There's a lot you can't call with EW that maybe Prechter has tried to call. So don't subscribe to EWI. But for what you can call, these guys I mention use it well. Its foolish to just bash Elliot Wave over and over. There are people making good use of it.