Forums - Perfect Wave

HOME FORUMS BROKERS SOFTWARE BOOKS CONTACT US

Your Account • Become a Member • Help • Search

	Forums ›› Trading for a Living ›› Journals ›› Perfect Wave - 2012-1/2

Page 6 of 28: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Last Page »

jas_in_hbca

Registered: Feb 2010
Posts: 618

03-15-12 07:46 PM

bot a few apr 505 puts on aapl @ 2.88

looking for 540 to exit some

nice count . hopefully this 5th wave doesnt extend.

looks like a possible exhaustion gap yesterday on hi vol too

aapl.png
This has been downloaded 26 time(s).

Edit/Delete • Quote • Complain

snowrider

Registered: Jul 2010
Posts: 362

03-16-12 05:18 AM

Quote from jas_in_hbca:

bot a few apr 505 puts on aapl @ 2.88

looking for 540 to exit some

nice count . hopefully this 5th wave doesnt extend.

looks like a possible exhaustion gap yesterday on hi vol too

jas_in_hbca - Thanks! Yes some people are saying that the release day of iPad3 is the reversal day of AAPL. Now the wave count for SP is taking the grey line scenario, which it has almost finished the 5-5-5 ... wave. I am thinking that either tomorrow or next Wednesday the key reversal could occur.

Edit/Delete • Quote • Complain

snowrider

Registered: Jul 2010
Posts: 362

03-16-12 02:37 PM

[quote=2+2=4ex;5482130]Well done on SP 1400. I do not expect it to hold for now either, but do you really believe it will drop below 1300? Not saying I don't think it will or not, just curious about your opinion.[/quote]

4ex - Thanks for commenting. As you know that my prediction is all based on EW theory, sometimes people don't believe something would happen and I don't believe either. If the current wave is really wave-[[B]]-[C]-V-5 (most likely ending today or maybe next wednesday with extension), then next leg could go all the way down to 1280 area. Let's see how the market acts.

Edit/Delete • Quote • Complain

snowrider

Registered: Jul 2010
Posts: 362

03-17-12 09:01 PM

03/17/2012

Comments are welcome!

Edit/Delete • Quote • Complain

snowrider

Registered: Jul 2010
Posts: 362

03-23-12 07:22 PM

Opinion is that we are due somewhat of a correction in the SP500.

Nice work Snowrider! SP500 will close the week under the 1400 mark and reinforces the downwards trend.

Thank you Michael. I am hoping that SP does not make any extension from here; otherwise, the extension could go to 1440. Let's wait and see.

Edit/Delete • Quote • Complain

MADASINHATTER

Registered: Jun 2011
Posts: 103

03-23-12 09:25 PM

Quote from snowrider:

03/17/2012

Comments are welcome!

[

Yeah i got one.Why do you call it perfect? Do you mean in hindsight? Or is it part of the new world order where you take a word or phrase and use it to describe the complete opposite? Like saying " bringing peace and stability" while dropping bombs on people.Is it perfect in that sense? Where you show that it could go either up or down,on a scale of 1-10 how useful and perfect is that,say compared to just guessing?

Edit/Delete • Quote • Complain

Page 6 of 28: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 Last Page »

Receive an email whenever a new post is added to this thread by subscribing to it.

Rate This Thread:

Forum Jump:

Conduct Rules - Privacy Policy - Day Trader - Day Trader Forum - Best Trading Software - Sitemap

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures Futures Brokerage & Clearing AMP Global Clearing Futures and FX Trading Bright Trading Professional Equities Trading CTS Futures Trading Software DaytradingBias.com Professional Trading Analytics ECHOtrade Professional Trading Firm	eSignal Trading Software Provider FXCM Forex Trading Services Global Futures Futures, Options & FX Trading Interactive Brokers Pro Gateway to World Markets JC Trading Group Direct Access Trading MB Trading Direct Access Trading	MultiCharts Trading Software Provider NinjaTrader Trading Software Provider OANDA Currency Trading optionshouse Option Trading & Education Rithmic Futures Trade Execution Platform SpeedTrader Direct Access Trading	SpreadProfessor Spread Trading Instruction thinkorswim by TD Ameritrade Direct Access Trading TradersStudio System Building & Backtesting Trading Technologies Trading Software Provider Trend Following Trading Systems Provider