Wednesday, September 7, 2011

Counts


@nakedtrader Cavaligos posted his ES count http://j.mp/p0OcQ0 . I manually count and I agree with him 100%. I do only allow myself 2 caveat: a) as I'v learned during long years there's no point in discussing W counts no matter how good are you at it. b) a "Type one W4 end trade" is generally the most sought for the safest . Unfortunately often in theese years ( expecially on larger degrees ) artificially sustained prices do extend UP w4 in "uncorrected" "non harmonics" ratios: final outcome is a ubertangled structure which does resolve itself in various degrees of ABC http://abc.abc...http://Obnoxious.Will be this one the case? Time will tell, PPT will tell.. All the best.

No comments:

Post a Comment