Perfect Wave - 2012-2/2

I am starting a new thread for 2012's 2nd half year, including EUR, SP, Gold, and JPY. My previous wave counts can be found from:
http://www.forexfactory.com/showthread.php?t=334298

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

My labeling for wave formation in a segment = Wave Name + Wave Formation
For example, [A]3 = 3 segments in a wave [A]
For example, [A]3-[b]3-[C]5 = 3-3-5 formation for waves [A][b][C]

My labeling for zigzag is the combination of R.N. Elliott's classical labeling and my wave formation labeling. DO NOT USE R.P.'s W-X-Y(-X-Z) labeling because it creates confusion and lacks the flexibility of changing wave counts.

Wave Count - Long Term

http://3.bp.blogspot.com/-SFMeLNMRzm...+-+Monthly.png

http://3.bp.blogspot.com/-rXvalZXVJO...+-+Monthly.png

http://4.bp.blogspot.com/-m2yURB8t_4...+-+Monthly.png

http://1.bp.blogspot.com/-9b6aDMOwDW...+-+Monthly.png

Wave Count

http://4.bp.blogspot.com/-t9fNRxW5nl...UR+-+Daily.png

http://4.bp.blogspot.com/-b8cuVCNk0F...ld+-+Daily.png

http://4.bp.blogspot.com/-M7sQBo_F49...PY+-+Daily.png

http://4.bp.blogspot.com/-Huq-J2iF_b...SP+-+Daily.png

Hi. Very nice. But B -wave never could be the shortest in time between a and c. Time factor my friend.

Goldminer - Thanks for commenting and kind words! For the wave-B, I don't know which chart you are referring to. Yes, it could be the shortest in both size and time. For example, the wave-B in 3-3-5 or 5-3-5.

http://4.bp.blogspot.com/-_t3d674ycW...SP+-+Daily.png

Nice prediction! So far the market follow its path to wave [V]

Wave Count

http://2.bp.blogspot.com/-HBbAObDNSN...UR+-+Daily.png

http://3.bp.blogspot.com/-rdwdCo4Ayj...ld+-+Daily.png

http://3.bp.blogspot.com/-k-Ixgving2...PY+-+Daily.png

http://2.bp.blogspot.com/-6_pEp9QyEn...SP+-+Daily.png

Wave Count - SP

http://1.bp.blogspot.com/-7h9jPPN1yo...SP+-+Daily.png

Wave Count

http://4.bp.blogspot.com/-E5X0Atftdz...UR+-+Daily.png

http://3.bp.blogspot.com/-CL4SLyxZ3J...ld+-+Daily.png

http://4.bp.blogspot.com/-iBA3Ro3MNC...PY+-+Daily.png

http://3.bp.blogspot.com/-Q8dXHzWDt1...SP+-+Daily.png

I got a lucky number:
http://3.bp.blogspot.com/-rKK23QnljE...0/Untitled.png

Wave Count

http://1.bp.blogspot.com/-cNpJzAsQCU...SP+-+Daily.png

http://2.bp.blogspot.com/-124qjMIsvZ...PY+-+Daily.png

http://3.bp.blogspot.com/-3X5L0EzT8S...ld+-+Daily.png

http://4.bp.blogspot.com/-jIz6cugTBQ...UR+-+Daily.png

Wave Count - SP

http://4.bp.blogspot.com/-aIkcsHigRZ...SP+-+Daily.png

Wave Count

http://1.bp.blogspot.com/-g1SrKCSZdW...SP+-+Daily.png

http://1.bp.blogspot.com/-IQInnPqpCW...PY+-+Daily.png

http://3.bp.blogspot.com/-svwF7RHecf...ld+-+Daily.png

http://4.bp.blogspot.com/-6CtAuUTWAn...UR+-+Daily.png

my indicators are also agrees with eur/usd and xgld.

Thank you for your sharing.

Hi Snowrider,

I am a big fan of EW and your thread is an inspiration. I usually do my own analysis but i do not have anywhere to confirm my counts. I stumbled upon your thread and now i have somewhere to go for confirmation. Thank you. I do not trade stocks but your usd/jpy and eur/usd counts helps a lot. Is it possible for you to post gbp/usd as well? if it is possible and time permits you, i'd appreciate that a lot.

Great thread !!

Regards

Please check the chart and comment.

Chart 1. (EU week)

wave 1 from a high of 1.49389 all the way to 1.3144 and then a retrace to a no nonsense straight forward 61.8 wave 2.

wave 3 ended exactly at 161.8 of wave 1 and now the beginning of 4th wave. My expectation is of a complex correction as wave 2 was quite straight forward so with the theory of alternation, this wave might test a lot of patience.


Chart 2 ( Eu 4th wave projection)

Fibs drawn from start of wave 3 to the end of wave 3 and a 38.2 retrace would give us a target of 1.2883 but i would think that this wave will progress towards the 50% or even to 61.8% with the help of some fundamentals.
The probability of W4 ending at 50% or higher is more as there are a couple of gaps at 1.29xx and also at 1.30xx which needs to be filled. with a 50% retrace, we will get a TP of 1.3143 which would have covered both the gaps.
This will not be an easy ride, so the best bet would be to check 4 hr stochs and buy dips. i am sure this wave will take a long time (many weeks) to complete.