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RE: Haejin Portfilio - Day 1

The thing is that Elliot Waves Counting is too subjective. There is no clear statistic parameters do define the length of each count.

If you give the same graph to two Elliot Wave Analyst on separated rooms, each one Will come out with a different wave count.

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I am fully aware of the subject nature. I am talking about the 'secret sauce.' EW is not rocket science if you know what you are looking at when applying the 3 hard rules and 3 guidelines of EW. EW can predict price direction with accuracy, but not speed of change or the duration of a wave. In my humble opinion, EW analysis is an art. For me, the most interesting thing about EW is that the concept is entirely independent of news.