eWaves and NFP
OK so I am a bit biased but nearly two years after I created eWaves, I am still in awe as to how well it works at times. No, I'm not in awe about my coding, more about how Bill Willams discovered the theory on which eWaves is based.
We had an unusual NFP release yesterday - alas I was out and missed it. When I eventually got to my trading PC, the first thing I noticed was TZ1 on EU H1: eWaves had plotted it some 10 hours before the NFP release. A simple trendline break trade would have netted you about 100pips.
Almost to-the-pip accuracy for such a major news announcement - and the fib timezone projection was pretty good too - nice one eWaves.
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