Loading ...E wave will drive u nuts sometimes, but when it fits it can give some real insight. I use close only charts, it really only works on the SM averages, from which it was created….Commodities and Forex so far do not have the ever expanding price range that the SM averages have, so the rules cannot apply.
I too knew someone who spoke to Prechters no 2 regularly, he traded the SM off 1 minute charts useing e-wave, though he ran on cigarettes and whisky, being a Scotsman.,He was always looking for THE top…….but the cigs and whisky got him first.