2012-09-02

Wave Count - AUD

From Arthur - Snowrider, I hope you do not mind me asking you for a wave question which you do not trade. It is for academic pursuit, rather than investment purpose. Say, in the current AUD/USD pair, how do you count the pair from 9 Aug todate. We may have seen wave A and B, but for wave C, I think wave 1 is over, but how do you determine that?

Arthur - I haven't got time until this afternoon.  I don't trade AUD, so the wave count might not be realistic.  The wave count indicates that AUD will still go down.

1 comment:

  1. First of all, thank you for looking into that for me. Please do not be concerned about its correctness, as I am fully aware that you do not trade this pair. I just want to study how you tackle it. As I said, it is not for investment purpose. Thank you for your help

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