My Wave Count - 2010-08 | Metals Mine

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My Wave Count - 2010-08

  • #1
  • First Post: Jul 31, 2010 4:09pm Jul 31, 2010 4:09pm
07/31/2010
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  • #2
  • Jul 31, 2010 4:18pm Jul 31, 2010 4:18pm
Euro Wave Count - 07/31/2010:
http://www.trade2win.com/boards/fore...ml#post1204656

SP Wave Count - 07/31/2010:
http://www.trade2win.com/boards/us-i...ml#post1204660

Gold Wave Count - 07/31/2010:
http://www.trade2win.com/boards/meta...ml#post1204662
  • #3
  • Aug 2, 2010 8:17pm Aug 2, 2010 8:17pm
Comments are welcome.
Gold update:
http://www.trade2win.com/boards/meta...ml#post1206770
  • #4
  • Aug 3, 2010 11:27pm Aug 3, 2010 11:27pm
http://www.trade2win.com/boards/fore...ml#post1208280

That's why I have a strong bullish wave count on EUR.
  • #5
  • Aug 7, 2010 9:58pm Aug 7, 2010 9:58pm
Comments Are Welcome!
EUR Wave Count:
http://www.trade2win.com/boards/fore...ml#post1212982
SP Wave Count:
http://www.trade2win.com/boards/us-i...ml#post1212986
Gold Wave Count:
http://www.trade2win.com/boards/meta...ml#post1212988
  • #6
  • Aug 14, 2010 4:51pm Aug 14, 2010 4:51pm
Comments are welcome!
EUR:
http://www.trade2win.com/boards/fore...ml#post1221186
SP:
http://www.trade2win.com/boards/us-i...ml#post1221188
Gold:
http://www.trade2win.com/boards/meta...ml#post1221192
  • #7
  • Aug 21, 2010 1:47pm Aug 21, 2010 1:47pm
Comments are welcome!
EUR:
http://www.trade2win.com/boards/fore...ml#post1228882
SP:
http://www.trade2win.com/boards/us-i...ml#post1228884
Gold:
http://www.trade2win.com/boards/meta...ml#post1228886
  • #8
  • Aug 21, 2010 5:41pm Aug 21, 2010 5:41pm
Looks like gold is in a wave 5 of 3 on the weekly. The daily chart confirms that. We are going up right now to top out above 1265.10 for now. On the daily we are currently in a wave 5.

By my count the SP500 is in a wave 4 on the weekly, so we can expect any moves. Right now it's a short on the daily after we went below 1086,6. With the low on July 6th 5 waves down had ended, we just saw what looks like a 3 wave correction (daily tf). Now dropping again .... let's see where the market takes us.

Good Trading.
The Essentials of Trading: Emotions, Risk Mgt, Price.
  • #9
  • Aug 23, 2010 10:34pm Aug 23, 2010 10:34pm
Quoting Slight
Looks like gold is in a wave 5 of 3 on the weekly. The daily chart confirms that. We are going up right now to top out above 1265.10 for now. On the daily we are currently in a wave 5.

By my count the SP500 is in a wave 4 on the weekly, so we can expect any moves. Right now it's a short on the daily after we went below 1086,6. With the low on July 6th 5 waves down had ended, we just saw what looks like a 3 wave correction (daily tf). Now dropping again .... let's see where the market takes us.

Good Trading.
Yep. I hope so. I am still holding my long position on gold. If gold reverses, I'll liquidate and then reverse too.
  • #10
  • Aug 24, 2010 6:22am Aug 24, 2010 6:22am
Stopped out on Gold this morning .. I am looking for a bigger retracement now .. at least 38,2% probably more.. then long again to make new highs.

SP sell @ 1062,5 .. could be a longer thing downwards. Let's see.
The Essentials of Trading: Emotions, Risk Mgt, Price.
  • #11
  • Aug 24, 2010 11:25pm Aug 24, 2010 11:25pm
Quoting Slight
Stopped out on Gold this morning .. I am looking for a bigger retracement now .. at least 38,2% probably more.. then long again to make new highs.

SP sell @ 1062,5 .. could be a longer thing downwards. Let's see.
Hi Slight, I got stopped out this (08/24/2010) morning too. I chased back in after it surged up. It seems to me that the low completed a wave-4 or a sub wave-2. I understood that my rush to chase might have risk of catching the end of wave-5. I still did that (but with only half of my original position). Let's see how it developes.
  • #12
  • Last Post: Aug 25, 2010 1:55am Aug 25, 2010 1:55am
I think we are looking at a wave 2 of 5 .. but it really doesn't matter. It'll go up once it hits that fractal I'm not in yet, so let's see..
The Essentials of Trading: Emotions, Risk Mgt, Price.
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