Does Elliott Wave Theory actually work?

[Sprout]

Of course not! Does witching for water actually work. Of course not. But you can find water by witching (sometimes ) .

Incredulous as it may seem, accomplished dowsers can find water when others cannot. It requires a methodology and diligent practice. Certainly a path less traveled but dowsing can provide accurate answers in the oddest of circumstance much to the disbelief of the disinclined.

As with any inquiry, the domains can be distinguished between the verifiable and unverifiable.

With that said, as the above relates to fibs points to the fundamental difference in energy in what one brings to the party.

Personally, I’m neutral to fibs as they apply to financial markets for I’ve not done any due diligence on the matter.

Contemplating fib ratios as they apply to various structures and growth patterns in the natural world, either inspires awe in one or is diminished to circumstance.

Observing patterns, whether projected or not leads to a deeper understanding of oneself and of life processes.

 

[piezoe]

Incredulous as it may seem, accomplished dowsers can find water when others cannot. It requires a methodology and diligent practice. Certainly a path less traveled but dowsing can provide accurate answers in the oddest of circumstance much to the disbelief of the disinclined.

As with any inquiry, the domains can be distinguished between the verifiable and unverifiable.

With that said, as the above relates to fibs points to the fundamental difference in energy in what one brings to the party.

Personally, I’m neutral to fibs as they apply to financial markets for I’ve not done any due diligence on the matter.

Contemplating fib ratios as they apply to various structures and growth patterns in the natural world, either inspires awe in one or is diminished to circumstance.

Observing patterns, whether projected or not leads to a deeper understanding of oneself and of life processes.

I'll become a believer when there is a well designed test under controlled conditions. Right now all I've got is articles in Argosy Magazine I read in the Barber shop.

 

[MACD]

I'll become a believer when there is a well designed test under controlled conditions. Right now all I've got is articles in Argosy Magazine I read in the Barber shop.

Barber shops offer the best information for sure...

 

[murray t turtle]

At the risk of offending someone I've never seen traders have much luck with EW or other variations and permutations of wave count or predictive market cycle software on real markets on a real portfolio. If someone knows otherwise by all means please let us know. YMMV

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Some can find some hints from it; but 50 day/200 day moving aVerage helps me much more. Not a prediction as you noted LOL

 

[tommcginnis]

Does Elliott Wave Theory actually work?

No.

 

[supreme trader]

Make sure you pronounce Elliott wave Theory properly.

If not, it becomes Idiot Wave Theory.

Of course it doesn't work in real life.
That's why it is called Elliott Wave THEORY.
It only works in Theory.

 

[themickey]

Make sure you pronounce Elliott wave Theory properly.

If not, it becomes Idiot Wave Theory.

Of course it doesn't work in real life.
That's why it is called Elliott Wave THEORY.
It only works in Theory.

Yep, I can't see anywhere Elliot actually traded.
https://en.m.wikipedia.org/wiki/Ralph_Nelson_Elliott

 

[viruscore1]

Everything works in theory as long as you're on the right side of the fence

 

[bone]

If someone out there is using EW or some other cyclical count study successfully then by all means please share specifics.

 

[baro-san]

If one can't do it, it doesn't mean nobody can. How many of you read Chinese?