Comments on: Cable: ‘Superstitious rot’ but it’s nearing an historical pivot level for me https://fxww.com/cable-superstitious-rot-nearing-historical-pivot-level/ The Professional Source Thu, 04 Sep 2014 08:07:23 +0000 hourly 1 By: rahul https://fxww.com/cable-superstitious-rot-nearing-historical-pivot-level/#comment-108360 Thu, 04 Sep 2014 08:07:23 +0000 http://381c099c8f.nxcli.net/?p=13818#comment-108360 i agree with your remark on forex pairs being one large range. I once had an email conversation with ian copsey over why conventional elliot techniques are not applicable to currencies due to this mean reverting characteristic. he doesnt agree ofcourse, cause when something is your lifes work its easy to be biased.the argument being that its applicable on lower frames. i have seen quite a few of these signal providers using elliot waves on hourly charts completely ignoring its socioeconomic underpinning.

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