ewave is but one tool .....u cant build a house with just a hammer Agree 100%, cheif.
I use a simple trend following system, based on the monthly chart. So far, during this correction, didn't have any sell signals.
I trade around the system, using waves, sentiment, TA... but I do it conservatively. Wouldn't advise anyone to bet too much on ANY "count".
The theory is that E-Waves reflect changes in the public mood, in the collective unconscious -- The question is, how much of the retirement savings should one be willing to bet on reads of the public unconscious, even when skillfully interpreted?
It works, but in a probabilistic way. To survive and to succeed, it needs to be combined with other approaches. |