Q
Now my count stands at:
C1=4911-5030
C2= An irregular flat---
(a)=5030-4911
(b)=4911-5062
(c)=5062-4968
May not look very convincing,as usually when b>105%a, c goes more than a, but is very much within the guidelines.
C3 seems to have started from 4968 and likely to go to 5160+ levels.
UnQ
Today C3 continued its upward move and at EOD our count stands at:
C3=4968-5143
C4 in play as 3 waves
a=5143-5068
b=5068-5128
c=5128-5074* minimum requirement of c=0.618*a has been fulfilled
After completion of this C4 ,C5 upwards shall come into play and is likely to take us above 5170.
Plain Vanila Counts---HHHHH
Raghu
Guruji,
ReplyDeletea problem i must confess in my Alt count wich i noticed jus now :-)
Till 15th Sep'11, ysday
I was counting:
C.3.3.5 as
w1: 5163-4911
w2:
a:4911.3-5030
b:5030-4911.35
c:4911-5089**
Ideally this claissifies as a FLAT & this shud see c=a = 119 +4911 = 5030
Even if we were to classify as a ZZ, @ c=1.618xa, max tgt possible was 5103
Today we touched 5143 intra day , so the wave was a part of a 5 wave, and a tick above 5163 on monday will confirm that my labelling the ABC @ 5163 was incorrect.
Will get back to collecting more data on ABC correctives, esp time data to make this study more useful.
Just wished to share wid u, my alt count is flushed today once nifty took out 5103 !
A new learning again for the day, look out for the time of wave B in a corrective :-)
urs
SMO
wait a sec!!!
ReplyDeleteI jus noticed guru ji that u counted the
move :-
5030-4911-5062-4968 as an IRREGULAR FLAT
Thats FANTASTIC !
It allows my C to be Min5042 to MAx 5160 (0.618 to 1.618a) in my count as well (also w1 started @ 5169, so tat has to hold) !!
So technically speaking we r in valid territory for w2, for Alt DOWN IMPULSE count the SL wud be 5160 ,
Wotever the labels, we shud not go above 5229, IMHO
Luv ur counts guru ji :-)
urs
SMO
Raghu ji
ReplyDeleteQ
C3=4968-5143
UnQ
If C1=4911-5030 that is total distance of 119 and the C3 has done 175
175/119 = 147%.
Either the C3 has not yet chalked out its path or IT is NOT a C3
Maybe think zigzag :)
Cheerz
WR
Shri ji
ReplyDeleteNot all 5, 7 or 9 wave structures are impulsive however if we come across a 11 wave structure it is nothing but an impulse.
WR
PS IMHO.
Shri ji
ReplyDeleteWhen you adopt Raghu ji' wave c of 2 at 4968, you must add the 119&1.618 from the end of 2 at 4968. IMHO
Cheerz
WR
ww ji,
ReplyDeleteC.3.3.5.w2.c shud be 0.618x119 to 1.618x119 from 4968
wot do u think ??
rgds
Dear WR,
ReplyDeletePl recall your statements on difference between guidelines & rules.
I underlying philosophy is that our Counts should be simple enough to help us trade profitably -- so I choose my "preferred counts" accordingly.
Let each one of us trade as per our own conviction.
Regds,
Raghu