Sorry about that! That's not what I intended to. I only wanted to add a link to where my original post was as a reference. I previously did not know how to post image from different site, so there were links only. Now I know to use img tag for images, and I have started posting images in that way. Because of this, readers no longer need to click on the web address to read my article.
10/14/2010 (Gold Update) http://www.trade2win.com/boards/metals/104388-perfect-wave-gold-2010-10-a.html#post1287662 Gold may be waiting for a final thrust to set a new high and form the wave-_3 before a big correction back to previous wave-__4 ($1330-$1340 area) to form wave-_4.
10/16/2010 Comments are welcome! EUR: http://www.trade2win.com/boards/for...-perfect-wave-euro-2010-10-a.html#post1289454 SP: http://www.trade2win.com/boards/us-indices/104386-perfect-wave-sp-2010-10-a.html#post1289456 Gold: http://www.trade2win.com/boards/metals/104388-perfect-wave-gold-2010-10-a.html#post1289462
10/19/2010 (Gold Update) So far, gold has been following 10/14/2010's intraday wave count and 10/16/2010's daily chart wave count with a good size of setting back to $1330 area, which was previous wave-__4. Now it may be forming the wave-_4. If so, next wave will be wave-_5 to challenge the all time high in order to form the wave-3 of this bull run.
10/21/2010 (Gold Update) Gold has shown 5 impulsive waves down, so it negated the assumption that the past few days was a corrective wave. With that said, I would like to change last week's alternative count to be the preferred one. It might not be a bad idea to establish short position if the market can bounce some 0.382-0.5 back.
somehow, this is giving a sense of deja vu... Try this on for size - don't follow something you read in a book. backtest, walkforward test, and then test it with real money to prove it has value. Everything else is noise.
Good point! I believe that trading by wave analysis is one of the hardest approaches to master. It's an art dude.