Do You Use The Elliott Wave To Trade?

[2012trader]

Good Day Everyone,
I have a quick question, does anyone here use the Elliott Wave when trading?

 

[Easy Trader]

I tried to utilize Elliot Wave analysis but found it tough to impliment in real time. It does catch my eye often and adds to my bias while I review large timeframe charts though.

 

[Enivid]

No, it's too subjective in my opinion.

 

[pipbanker]

The funny part about Eliot theory is that if you take 10 Ellioticians they will find 10 different wave patterns on the same chart 🙂

 

[Fxpipper]

Nope, not any longer..too damn difficult to work it out and when you are in the middle of a volatile market, the last thing you need is a "hard to understand" indicator..

 

[mr.gardner]

The waves and trend lines are the best indicator to me. I use Elliot waves with Fibonnacci and the results are great. You can check out in youtube how to combine eliot waves with fibo. Of course, you have to have good imagination to spot the waves properly. Yeah, it is complicated but it definitely works.
Good Luck