Perfect Wave - 2012-1/2

Discussion in 'Journals' started by snowrider, Jan 1, 2012.

  1. Snow,

    NQ 5 minute attached. (Not sure how to attach pic so it autmatically views)

    Any thoughts ? thanks
     
    #11     Jan 20, 2012
  2. update . needs to turn down soon.

    Hope you don't mind me posting here. If you prefer i'll post these in my journal. I'm not planning on doing this often :)
     
    #12     Jan 20, 2012
  3. Last post.

    It did turn down as expected but didn't make it to target.
    Still a chance it could make it to 2410 next week, imo, but not as confident now.

    Thanks snowrider for letting me hijack your thread. I'll go back to lurking here. :)
     
    #13     Jan 20, 2012

  4. jas_in_hbca - You are welcome to post here. I did not check this thread today until now. Let me post my weekly counts first in my post. I'll find a time later on weekend to review your counts. (I'll go skiing next two days, so I won't check until I am back home.)
     
    #14     Jan 21, 2012
  5. 01/21/2012

    Comments are welcome!

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    #15     Jan 21, 2012
  6. Thanks Snowrider !

    Looking at the waves while waiting for a trade

    just 1 for today. let's see if this plays out . haven't looked for a target yet
     
    #16     Jan 23, 2012
  7. jas_in_hbca - I took a look at your posts. All make sense to me! This one is especially good! It could be a higher degree wave-c or wave-3 going down now.
     
    #17     Jan 23, 2012
  8. nim1984- Thanks for commenting and sharing your thought. Yes, I like your idea of keeping it simple. That is also one of the reasons that I don't agree RP's wave counts most of the time.

    Your scenario is quite possible. In that case, this big ABC correction is in the same degee as that of 2008 one. For now, no matter whether we are in a big ABCDE or a big ABC, the medium long term's momentum is heading up.
     
    #18     Jan 23, 2012
  9. 01/28/2012

    Comments are welcome!

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    #19     Jan 28, 2012
  10. nim1984 - Good point! We don't know if wave-c has finished yet. That was just my guess because GCG12 is rolling over to GCJ12 now. Sometimes a reversal occurs around futures contracts' rollover dates.
     
    #20     Jan 29, 2012