Application of Elliott wave analysis

[MihaGolovey]

I've been trading on Forex for some time using various strategies, but recently I became interested in Elliott Wave analysis. How effective is its application in daily trading? Does anyone here use this method for market forecasting? Share your experience and possibly some useful resources for learning and practical application of this approach.

[AndreyBond]

Elliott Waves are quite complex to master, but if you're interested, I recommend checking out ewa trade - they have a few useful articles on this topic.