Top critical review
Started off so well, just to fall short!
May 21, 2018
The book starts off so well, and really allows for the reader to digest what could be a great intro to EWP, but as the book progresses this is not the case, unfortunately.
I don't know if it was intentionally written in such a way that makes the reader have to go back and re-read what the author wrote time and again not because the learning curve is steep but because the authors' style of writing confuses the reader! For example, in talking about the waves as impulses and corrections that authors' definition for them change depending on what chapter we're on! It's a really weird thing because it's so unintuitive. On many occasions, the author throws terms around without explaining them, like "reflex point". The other problem is are we bullish/bearish?? If you switch the direction you're trading in and don't bother to tell us, the explanations won't make sense! Seriously, it's not that hard. Example, in "simple corrections" the ABC corrective phase was headed up in his first example and didn't come from an ending 5th wave previously? (even though he stated, the 'bigger' picture was a downtrend) After you had just explained that is what its supposed to do! !!!!!
Ramki obviously knows what he's doing and I'm not attacking his credibility or experience but in terms of a written book on the subject, I cannot see how people gave such high reviews. Either, they already knew how to use EWP and like his easy going approach or they didn't actually read it all the way through. The last problem I saw was the waves we're highly subjective. TBH, you could've put those wave #s anywhere albeit, I know EWP is quite controversial and that was taken into account but from this book I think Ramki is just a great trader based on his experience.