The shorterm and medium term count gets wrong if long term is wrong.What i use is of no importance here.
There was a deviation,which to my best of knowledge i pointed out.You can use that info to identify correct count.
Care to note that wave 3 is never shortest(which was the case in magnet's count,and however illogical it seems that means an extension to 4700,correct back to 4350 and fly to 5000 )Back to 4470 again and rush to 5300.Gee almost charted nifty's course didnt I.
Life and unfortunately wave principle are not so easy.
Market does what it has to do,and we as traders have to accept,and hence hedging and safety measures come into play.But market does provide some clues as to what it wants to do.You cannot go short or long just on assumptions,there has to be method and management.The wave principle does provide that.Anyone who knew of such count wud be sitting on huge profits.
There was a deviation,which to my best of knowledge i pointed out.You can use that info to identify correct count.
Care to note that wave 3 is never shortest(which was the case in magnet's count,and however illogical it seems that means an extension to 4700,correct back to 4350 and fly to 5000 )Back to 4470 again and rush to 5300.Gee almost charted nifty's course didnt I.
Life and unfortunately wave principle are not so easy.
Market does what it has to do,and we as traders have to accept,and hence hedging and safety measures come into play.But market does provide some clues as to what it wants to do.You cannot go short or long just on assumptions,there has to be method and management.The wave principle does provide that.Anyone who knew of such count wud be sitting on huge profits.