WHY is Elliott Wave supposed to work?

Quote from kiwi_trader:

LOL. You've got a nasty little temper.

As well as being pretentious. Nononsense must have smiled when he saw you coming.

You are the only one on this thread to say anything negative about my posts. That qualifies YOU, Kiwi Wanker, as a nasty arrogant ass. Now take a hike back to the woods where you belong, fool. Again, everyone else has contributed something to the original question asked. You come in here and pollute the thread with your stupidity, and add nothing of value. What a moron.
 
Quote from apex82:

It works because of many factors. The big one is mass psychology. It is just a tool to help with other confirming factors. I hope most people dont believe it that way it will continue to work and provide me with a good income everyday. Nothing in the markets is 100%. Keep it simple with the ew anaylsis and you will be light years ahead of most traders.

Apex82,

I think that EW users will always be in a minority because the herd always wants to do what's comfortable, that is follow an established trend. So you likely have nothing to worry about.

How can one keep ew analysis simple? Any pointers? Maybe just trade abc corrections or focus on wave 3 or c waves?
 
Quote from ES335:

It doesn't. Which is why I started the thread. Amazingly, this seems to have whizzed by a number of posters.

Saying that EW works because it represents mass psychology or because it's based on fib ratios means nothing to me. I was hoping for more original insight but I'm prob asking for too much on ET.

The wave patterns appear because they exist, say the fans. They just ARE. Like gravity, it just IS. Don't try to explain why gravity is 9.81 m/s sqrd. It just IS. Right? I really enjoy the parallels between elliott waves and music. For ex, the octave is composed of 8 notes, etc. see http://goldennumber.net/music.htm
I guess no one will ask, why do we have all those fib numbers in music. That's just the way it is.

The only way I can reconcile all these facts and their existence is by simply assuming that a higher intelligence 'programmed' or designed things in a repeatable way, using the same basic programs or simple rules.
Quote from ES335:

You are the only one on this thread to say anything negative about my posts. That qualifies YOU, Kiwi Wanker, as a nasty arrogant ass. Now take a hike back to the woods where you belong, fool. Again, everyone else has contributed something to the original question asked. You come in here and pollute the thread with your stupidity, and add nothing of value. What a moron.

Pretentious.
Disrespectful to ET and its members.
And displaying quite the potty mouth.

And the pollution comes from who exactly?
 
Quote from kiwi_trader:

And the pollution comes from who exactly? [/B]

Ok dude, you come on here complaining about spelling?!! (what spelling?!!! are you just nuts?) and then start calling names like wanker etc. That's what I call polluting a thread. Until you posted your crap, this thread was progessing nicely and still is, if people will overlook this unfortunate waste of time of an argument.

Please, if you have nothing to contribute, do all of us a favor and don't post. NO ONE has complained to me about disrespect, so you are obviously delusional about this. Just give it up, you're being ridiculous.
 
Quote from ES335:

Ok dude, you come on here complaining about spelling?!! (what spelling?!!! are you just nuts?) and then start calling names like wanker etc. That's what I call polluting a thread. Until you posted your crap, this thread was progessing nicely and still is, if people will overlook this unfortunate waste of time of an argument.

Please, if you have nothing to contribute, do all of us a favor and don't post. NO ONE has complained to me about disrespect, so you are obviously delusional about this. Just give it up, you're being ridiculous.

Kiwi,Ill second the motion that there is no need for a human spell checker on the board...

You pulled that same nonsense on me..Give it a rest,or get a job teaching secong grade
 
Quote from taowave:

Kiwi,Ill second the motion that there is no need for a human spell checker on the board...

You pulled that same nonsense on me..Give it a rest,or get a job teaching secong grade

So your spelling hasn't improved taowave?
 
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