I’ve seen a lot of technical players in my time, and I can say without a doubt that out of all the people contributing to the ASF site, and in fact all the trader’s I’ve ever met in my lifetime, that wavepicker is the most gifted, seasoned, and learned EW player I have ever met.
With all due respect, most people only know very basic concepts in EW, but it is a very detailed discipline, which takes years to fully grasp. The foundations are certainly contained in the body of knowledge developed by Robert Prechter over many year. While some of his concepts are necessarily flawed, I would argue that to be fully conversant in EW theory requires a detailed knowledge and understanding of his work .
Many of the counts I’ve seen on this site look more like they are based on Robert Fisher’s approach, which is an alternative school to the Prechter/Frost approach. wavepicker is more from the Prechter school, although is conversant in Fisher’s concepts too, but has refined his own unique style. The subtleties contained in wavepicker’s work are probably not easy to recognise from a novice's perspective, and it is more likely that seasoned EW practitioners will appreciate the knowledge and innovative approach wavepicker has developed.
What many people fail to realise, is that many different markets trade in very similar patterns, from Forex, to commodities to stocks and indexes. The core technical analysis principles based on an astute observation of how markets trend can translate very well almost universally. Hence the confusion when less knowledgable people raise distinctions between different asset classes, misunderstanding the applicability of pattern recognition across markets. Some people seem particularly obtuse when it comes to recognising this simple concept, not grasping the key point.
In sum, there are a lot of novice EW players out there that would benefit from the depth of knowledge wavepicker has. Also, those unable to see the forest for the trees when it comes to patterns of trend are splitting hairs.
Those who are fundamentally based just won’t understand what all the fuss is about because their discipline is radically different, hence it’s probably better for such people to stick to very long term perspectives since that is that approaches nature. (Broad strategic thinking, as opposed to shorter term swing and position trading with leveraged instruments which requires more short term precision in time and price and wave structure). Hence I fully understand the disconnect between FA and TA players - fundamental and technical perspectives I think are actually complementary, but are different tools for different jobs.
Regards
Magdoran