2012-08-07

Why I Post EW Analysis

From stringfx - Hi Snowrider, I am a big fan of EW and your thread is an inspiration. I usually do my own analysis but i do not have anywhere to confirm my counts. I stumbled upon your thread and now i have somewhere to go for confirmation.  Thank you. I do not trade stocks but your usd/jpy and eur/usd counts helps a lot.  Is it possible for you to post gbp/usd as well?  if it is possible and time permits you, i'd appreciate that a lot. Great thread !! Regards
stringfx - Thanks for your kind words!  The way I see playing EW is like playing chess with the market.  If we can get more people to watch the game, we get more ideas about what the market might be going to in its next move.  There is no absolutely correct or wrong wave count because anything can happen.  As long as we are prepared, we know how to respond to any market scenario.  That's why I post my wave count every weekend and hope to get some commments from EW enthusiasts. About GBP, I used to trade those 4 major currencies (or 6 including CAD and AUD). Now I focus only on 2 currencies, so I do not follow Sterling. You are welcome to post your analysis here so that it can benefit everyone here, and also you would get feedback from people here.



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