Perfect Wave - 2010-11

I am starting a new thread for November 2010. My wave counts last month can be found from:
http://www.forexfactory.com/showthread.php?t=257636

For the past long term view, please see:
EUR:
http://www.trade2win.com/boards/fore...ave-count.html
Gold:
http://www.trade2win.com/boards/meta...ave-count.html
SP:
http://www.trade2win.com/boards/us-i...ave-count.html

Elliott Wave reference can be found from:
http://en.wikipedia.org/wiki/Elliott_wave_principle

My labeling for wave degrees in different time frames:
Monthly – [[[i]]], [[[II]]], [[[III]]], [[[IV]]], [[[V]]], [[[A]]], [[[b]]], [[[C]]]
Monthly – [[i]], [[II]], [[III]], [[IV]], [[V]], [[A]], [[b]], [[C]]
Weekly – [i], [II], [III], [IV], [V], [A], [b], [C]
Weekly – I, II, III, IV, V, A, B, C
Daily – 1, 2, 3, 4, 5, a, b, c
Daily – _1, _2, _3, _4, _5, _a, _b, _c
Hourly – __1, __2, __3, __4, __5, __a, __b, __c

Gold Monthly:
http://www.trade2win.com/boards/atta...ld-monthly.png

EUR Weekly:
http://www.trade2win.com/boards/atta...eur-weekly.png

SP Monthly:
http://www.trade2win.com/boards/atta...sp-monthly.png

Gold:
http://www.trade2win.com/boards/atta...gold-daily.png

EUR:
http://www.trade2win.com/boards/atta...-eur-daily.png

SP:
http://www.trade2win.com/boards/atta...0-sp-daily.png

Hi smith robart, Thanks for sharing your thought. I am replying your post (http://www.forexfactory.com/showpost...4&postcount=36) from this thread because I have closed the Octorber thread. In your post, you did not mention which one (gold, EUR, or SP) the Running Flat is counted? I assume that we are talking about EUR. Yes, it's possible that it still has a big wave up. Thanks!

Gold was at crossroad the past two days hesitating where to go next (see the daily chart for the preferred and alternative counts). It turned to south today, so the alternative count became the preferred one.
http://www.trade2win.com/boards/atta...d-intraday.jpg

The low of 11/03/2010 was actually a wave-_e of the symmetrical triangle wave-d. The breaking out of a triangle should be explosive, and today gold market was like that. Now I assume that gold is in the progress of wave-e and is moving toward $1,440 final destination (see monthly wave count).
http://www.trade2win.com/boards/atta...d-intraday.jpg

Comments are welcome!
http://www.trade2win.com/boards/atta...-eur-daily.png
http://www.trade2win.com/boards/atta...gold-daily.png
http://www.trade2win.com/boards/atta...6-sp-daily.png

The high of 11/09/2010 formed the wave-_c of wave-e. Gold has been moving up in zig-zag format from 10/22's low with each fractal in abc pattern. It is possible that the bull will end after wave-C.e._e complete at around $1,440.
http://www.trade2win.com/boards/atta...d-intraday.jpg

Has the wave-_e ended? Maybe and maybe not. If the wave-_e has completed on Thursday (11/11/2010), gold is into a long term bear market. However, it's more likely that gold has just completed the wave-_d (in abc mode). If so, wave-_e will bring gold a surge back to another all time high. In this scenario, $1,440 is the final target.
http://www.trade2win.com/boards/atta...d-intraday.jpg

Comments are welcome!

http://www.trade2win.com/boards/atta...gold-daily.png

http://www.trade2win.com/boards/atta...3-sp-daily.png

http://www.trade2win.com/boards/atta...-eur-daily.png

Comments are welcome!

http://www.trade2win.com/boards/atta...-eur-daily.png

http://www.trade2win.com/boards/atta...gold-daily.png

http://www.trade2win.com/boards/atta...0-sp-daily.png

omments are welcome!

EUR:
http://www.trade2win.com/boards/atta...-eur-daily.png

Gold:
http://www.trade2win.com/boards/atta...gold-daily.png

SP:
http://www.trade2win.com/boards/atta...8-sp-daily.png

I am too lazy to create another thread for December, so I'll continue on updating the November thread. Maybe I can create one thread for each quarter, e.g., 2011-Q1, 2011-Q2, ... etc. Let's finish up the December first.

http://www.trade2win.com/boards/atta...-eur-daily.png

http://www.trade2win.com/boards/atta...gold-daily.png

http://www.trade2win.com/boards/atta...3-sp-daily.png

Comments are welcome!

http://www.trade2win.com/boards/atta...-eur-daily.png

http://www.trade2win.com/boards/atta...gold-daily.png

http://www.trade2win.com/boards/atta...1-sp-daily.png

do we follow the red elliot wave or the blue wave?this looks confusing

Hi dragan53, there are two counts in each chart, one preferred count and one alternative one. I use different colors to identify different count. Some chart might have red as my preferred count, while others might have blue as the preferred ones.

lol so which do we decide,is it better to go when both red and blue go in the same direction?

There are infinitely many possible wave counts for a given market. In my analysis, I illustrate the preferred count and an alternative count of my view. Sometimes, they could be in the same direction in the near future, and sometimes they don't.

wo,i wasnt expecting it to get so complicated,with preferred and alternative ways

Comments are welcome!

http://www.trade2win.com/boards/atta...-eur-daily.png

http://www.trade2win.com/boards/atta...gold-daily.png

http://www.trade2win.com/boards/atta...9-sp-daily.png