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Old 14-09-2007, 12:27   #1396 (permalink)
marketwavez
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Re: Short-Term.....Swing Trade (Set-Ups)

Quote:
Originally Posted by byran
Update on my scenario 1 ...

I have no idea if we have finished wave A or not
but it looks like a good place for a bounce .. if it doesnt go over 2.0230, we should still be in wave A down (w5 to 2.0041) .. bounce back as B, then down to 1.1960 area.

I am still eyeing on a 100% retrace of my purple labels but dont have much confidence.

On a side note, if the big AB (~1000pips) = big BC (with B=2.0370) ..., then look downward to the 1.9370 area ... which would also complete a big WW on daily chart.

Am I right? or even close?
hi bryan
good to see that you have a 5 wave count in a Wave B

-Tthis is what I was poiting out from early on last week .
Goluntsleep really gave me hard time for labeling this as you know...

So again , Its good to see you see that you now see it -
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