Perfect Wave - 2012-2/2

[snowrider]

I am starting a new thread for 2012's 2nd half year, including EUR, SP, Gold, and JPY. My previous wave counts can be found from:
http://www.trade2win.com/boards/us-indices/142016-perfect-wave-2012-1-2-a-3.html

Elliott Wave reference can be found from:
Elliott Wave Principle - Wikipedia, the free encyclopedia

My labeling for wave degrees in different time frames:
Monthly - [[]], [[[II]]], [[[III]]], [[[IV]]], [[[V]]], [[[A]]], [[]], [[[C]]]
Monthly - [], [[II]], [[III]], [[IV]], [[V]], [[A]], [], [[C]]
Weekly - , [II], [III], [IV], [V], [A], , [C]
Weekly - I, II, III, IV, V, A, B, C
Daily - 1, 2, 3, 4, 5, a, b, c
Daily - _1, _2, _3, _4, _5, _a, _b, _c
Hourly - __1, __2, __3, __4, __5, __a, __b, __c

My labeling for wave formation in a segment = Wave Name + Wave Formation
For example, [A]3 = 3 segments in a wave [A]
For example, [A]3-3-[C]5 = 3-3-5 formation for waves [A][C]

My labeling for zigzag is the combination of R.N. Elliott's classical labeling and my wave formation labeling. DO NOT USE R.P.'s W-X-Y(-X-Z) labeling because it creates confusion and lacks the flexibility of changing wave counts.

 

[snowrider]

Wave Count - Long Term

 

[snowrider]

Wave Count

 

[snowrider]

 

[snowrider]

Wave Count

 

[snowrider]

Wave Count - SP

 

[snowrider]

Wave Count

 

[Pat494]

Hi,
I see your lines on the charts, but where exactly on the S&P for instance does it recommend enterring the market ?

Perhaps an arrow or 2 would clarify

 

[ibetyou]

keep up the excellent work snowrider, i for one look farward to your wave charts,thankyou for your time and dedication.

 

[snowrider]

Hi,
I see your lines on the charts, but where exactly on the S&P for instance does it recommend enterring the market ?

Perhaps an arrow or 2 would clarify

Hi Pat - it's kind of hard to answer this question because my wave counts are just some possible idea for people who trade with the Elliott Wave approach. Some people like to enter the market in corrective waves (i.e., in consolidation phase), but some others like to enter the market in impulsive waves (i.e., in breakouts). BTW, I have been posting my real-time trades in the My Trade section on my blog. Maybe we can discuss why I make which trade, and it would be easier for me to answer...

 

[snowrider]

keep up the excellent work snowrider, i for one look farward to your wave charts,thankyou for your time and dedication.

ibetyou - Thanks!

 

[SuddenDeath]

thanks just saw your charts, will keep an eye out for more, great work

 

[snowrider]

I got a lucky number:

 

[Dick Lexic]

+1

 

[Dick Lexic]

ever look at intraday market timing snowrider?

 

[snowrider]

thanks just saw your charts, will keep an eye out for more, great work

SuddenDeath - Thanks!

 

[snowrider]

+1

 

[snowrider]

ever look at intraday market timing snowrider?

I used to post my real-time day trades and short term trades on some other forum. It was very tiring, so now I only post my medium and long term trades in real-time. Yes, intraday market timing is achievable, especially timing the market with Gann and EW approaches together. Very often we can see that the market is waiting at a certain point of price AND a certain point of time to start a reversal.

 

[snowrider]

Wave Count

 

[snowrider]

Wave Count - SP