DislikedMy work is currently IMO still far from perfection and I am still tuning it....There's a lot of ground to cover but I do believe I have some solid leads. e.g. http://www.forexfactory.com/showthre...79#post7722179 I suppose I need to continue to improve the modelling.Ignored
When Market Phases 3 and the inverse to phases 2 and 4 are present, Elliot Waves become less distinguishable in the shorter time frames. They still exist, but because Magnitudes are compressed throughout, Wave Distortion becomes the norm for Elliot's model and you sit on the sidelines because the model provides no direction.
Some people (not you) moan and complain about Elliot being too difficult to understand. "It is too hard!" "Those wave makes me dizzy!" "I can't see straight anymore because of the waves!" "Those waves hurt my eyes!" I've literally seen people post stuff like that about Elliot. Those people confuse congestion within the model for a lack of clarity about the model. Those two things are not equal and Elliot, too often takes a hit for that which is not fair to him or his work. Elliot Waves are as fundamental to most normal markets as Peanut Butter is to a Peanut Butter and Jelly sandwich. People need to accept his work, realize its limitations, incorporate what they can and then extend what Elliot has placed on the table. Again, I digress.
F-X-C-M | A Classic Retail Bucket Shop Scam Artist Who Manipulates Prices