Any waver's out there who find Neely's rules to Elliot wave better or too complicated?
Glenn Neely
- Thread starter theplumber
- Start date
neely is the ONLY true master of elliot wave who has written some of it down.
best,
surfer
His writings show a complete method (Neely method) but is it too complex from a practical trading point of view?
What I mean by that ,is it not more practical to just stick with the 5 waves/3 waves and ABC corrections than to add more rules?
it depends what your goals are. as pure analysis of trends, neely's method rocks. for practical everyday trading, it is a bit complicated and overweight. hope this makes sense.
best,
surf
