Hello, in GU we are now in wave-5 right ? cause it's very hard to see that :/
- #2,884
- Jul 24, 2009 4:42am Jul 24, 2009 4:42am
b of b of ( [5]=[a b c] )
and head & shoulder on H4, my guess is after correction, goes down & may catching up to 100 pips or more & the same again when goes up if lucky!
so i'll show my chart and you tell me if you see it similar 
on H1 impulse is over and that finished a wave-5 of bigger degree on H4, which also finished a wace-5 of bigger degree on Daily ) so i'm thinking that first correction wave on H4 will go down till around 1.6300 and in longer term i think we will have GU short till around 1.5800. this are my ideas if smb has different wievs please prove me wrong so that i would'nt make a false trade 
your broker has closed the session one hour earlier than the real time.
your [a b c] count is [a] and we will be at [c] of [b] when the market opens.
weekend for you too.
If you count [a b c] as [a], then this [a] looks too big and doesn't seem to be proportional to the 5 waves preceding it. But I'm not an expert yet. That’s why I said "all comments are welcome"
- #2,890
- Jul 25, 2009 8:34am Jul 25, 2009 8:34am
Don't take this personally, I just want to echo it in my head;
your count was so obvious that doesn't need to count. don't count what you see, only go for high probability cause you need a count which can rely on for using it.
if you see a perfect 5 or abc, you're just looking at a low probability specially on low time frames, you can find less order when things change fast.(like price)
if it was that simple then we didn't need to gather around this thread.
your count was so obvious that doesn't need to count. don't count what you see, only go for high probability cause you need a count which can rely on for using it.
if you see a perfect 5 or abc, you're just looking at a low probability specially on low time frames, you can find less order when things change fast.(like price)
if it was that simple then we didn't need to gather around this thread.
Don't take this personally, I just want to echo it in my head;
your count was so obvious that doesn't need to count. don't count what you see, only go for high probability cause you need a count which can rely on for using it.
if you see a perfect 5 or abc, you're just looking at a low probability specially on low time frames, you can find less order when things change fast.(like price)
if it was that simple then we didn't need to gather around this thread.
But I did give my own view on the chart. While I suspect that if [abc] count as [a], then [a] looks too big. I also said I'm not an expert. I did not mean to exclude the possibility of your count there.
As I can see, E-waves sometimes are obvious, everyone can come to the same count and agreement; sometimes are not so obvious, people argue and argue just like what we are doing
That's healthy
- #2,897
- Jul 25, 2009 10:54pm Jul 25, 2009 10:54pm
- Joined Jul 2008 | Status: Invincible | 3,619 Posts
Anyone is interested in shorting the IBM. It looks like a pretty good deal to me. Cheers
u will be the one who takes responsibity of ppl happines.
Are your consience is prepare ?
- #2,898
- Jul 26, 2009 12:04am Jul 26, 2009 12:04am
yes, it is very good oportunity but...
u will be the one who takes responsibity of ppl happines.
Are your consience is prepare ?
Really don't get what you meant. But I won't take any responsibility for any damage or whatsoever
. Just my personal opinion about that market. As I mentioned, I'm not, by any means, EW expert. So people shouldn't take it seriously. Haha
