The Elliott Wave Theory - a fantasy or reality?

All the ins and outs on psychology behind the EW theory. In this webinar Chris will explain why Elliott Wave (EW) Theory is a very useful tool for explaining and predicting market psychology. There will be an in-depth analysis of how the market is governed by the emotions of the sum of all its participants. Chris will show how the EW Theory will help explain market movements and how it give you a that extra edge.

[amorfati]

3:54 Tried it on first two Trades, and read Books, it seems to me a Pseudoscience based on simple common sense of whatever goes up comes down. I’m quite partial to it, when it actually works, you can’t figure out whether it’s EW determining market moves or Just Depicting, because you’re always doing too much of mental gymnastics to change the count of waves with multiple scenarios.