I desperately need some input here. I bought AdvancedGet primarily to support me with Elliot wave counting. But can I still trust the software after what has happened to me tonight?
I am trading Forex and AGet was telling me (in all time frames) that I was in a wave 4 retrace and everything looked good. Suddenly the Euro, I was long, started to head south, slowly a few pips, but since AGet was still showing a nice wave 4, I felt secure and did not leave the trade. Well, suddenly the Euro started to crash and I watched Aget change its wave count from wave 4 to a strong wave 3, while the Euro kept moving 20 points. Finally it seemed to have reached bottom and Aget was again showing the start of a wave 4 with a good PTI of 56. So I thought to go long, when again the Euro moved another 10 points and what did Aget do? The wave count was readjusted again to wave 3. Eventually we hit bottom for good and Aget is back in wave 4 retrace. So what is going on here?
I admit I have not worked with Aget for a very long time, so please bear with me, but I would have never thought possible that Aget would readjust its count to make it look good in hindsight. Now looking at the readjusted charts, it all looks perfect. When the crash happened, we had been in a wave 3 scenario for a long time, while Aget was showing wave 4 .
Please help me to understand. Either I do not know how to interpret the software correctly, or Aget is working improperly at times. To me it almost looks like that Aget is cheating with the Aget count. These are exactly the scenarios where a lot of money can be lost and that is why I bought Aget to help me avoid this.
So what was going on, what could I have done to avoid this debacle? Was I at fault or Aget counting the waves wrong?
It seems that in a regular moving market, Aget does a fabulous job, but I am not so sure anymore with Aget, when the market suddenly starts to take off in one direction and Aget is showing the opposite.
Every input will be highly anticipated and appreciated.
I am trading Forex and AGet was telling me (in all time frames) that I was in a wave 4 retrace and everything looked good. Suddenly the Euro, I was long, started to head south, slowly a few pips, but since AGet was still showing a nice wave 4, I felt secure and did not leave the trade. Well, suddenly the Euro started to crash and I watched Aget change its wave count from wave 4 to a strong wave 3, while the Euro kept moving 20 points. Finally it seemed to have reached bottom and Aget was again showing the start of a wave 4 with a good PTI of 56. So I thought to go long, when again the Euro moved another 10 points and what did Aget do? The wave count was readjusted again to wave 3. Eventually we hit bottom for good and Aget is back in wave 4 retrace. So what is going on here?
I admit I have not worked with Aget for a very long time, so please bear with me, but I would have never thought possible that Aget would readjust its count to make it look good in hindsight. Now looking at the readjusted charts, it all looks perfect. When the crash happened, we had been in a wave 3 scenario for a long time, while Aget was showing wave 4 .
Please help me to understand. Either I do not know how to interpret the software correctly, or Aget is working improperly at times. To me it almost looks like that Aget is cheating with the Aget count. These are exactly the scenarios where a lot of money can be lost and that is why I bought Aget to help me avoid this.
So what was going on, what could I have done to avoid this debacle? Was I at fault or Aget counting the waves wrong?
It seems that in a regular moving market, Aget does a fabulous job, but I am not so sure anymore with Aget, when the market suddenly starts to take off in one direction and Aget is showing the opposite.
Every input will be highly anticipated and appreciated.
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