Our EWDTer began to get the feel. After two futile short sells on lower lows near previous day high, our EWDTer began to go long as planned. Scenario 2. Market opens up and gets above yesterday high. Strategy. Buy after correction and new intraday high appears. Sell at yesterday high. Buy after correction and see higher high. He sold and went short at a lower low after an ascending wedge. After a long zigzag he "Cover short and go long" again. He adjusted trailing stop to half the size of the long zigzag, so he would not be shook out easily. After a long five wave pattern he got out.
Scenario 1. The beginning of Microwave .v of Subminuette Wave ã of Minuette Wave 4)c.c:b was seen as the rebound at the end of yesterday. Today should see Infrawave :i, :ii, :iii, :iv and :v then a fall into Minuette Wave :c. Strategy. Count five waves of the Infra degree then short sell. Beware of wave .v failure. Scenario 2. Minuette Wave 4)c.c:b had ended. Microwave 4)c.c:ci.i and .ii unfolded at the end of yesterday. There will be no high above yesterday high. Strategy. Sell at open. Prepare to stop out if Market reverses. Check for rebound at yesterday and the day before lows. Add the difference between yesterday high and that of the day before to the day before targets to get today targets.
Minuette Wave 4)c.c:b may have ended. Set stop and quit for the day at double top high. Microwave 4)c.c:ci.i , .ii and .iii unfolding. Will take profit at end of Infrawave .v:v, and re-short at Tick Wave 4)c.c:ciii.i:iIII and so on. Need concentration!