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To: "'Al Snyder'" <snydersearch@msn.com>
Cc: <Divergence@yahoogroups.com>
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From: "Loren Morlan" <gmorlan@tampabay.rr.com>
Sender: Divergence@yahoogroups.com
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Precedence: bulk
Date: Thu, 15 Dec 2011 11:41:24 -0500
Subject: [Divergence] RE: Question on wave 3's [2 Attachments]
Reply-To: Divergence@yahoogroups.com
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        <span style="font-weight: 700; font-size: 12px; display: block; margin-bottom: 20px;">[<a style="text-decoration: none;" href="#TopText">Attachment(s)</a> from Loren Morlan included below]</span>
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      <p><div class="WordSection1"><p class="MsoNormal"><font size="4" color="#1f497d" face="Calibri"><span style="font-size:14.0pt;color:#1F497D;">Al, price is not tracing impulse wave 3.&nbsp; I attach two charts posted on 11/26/11, re this issue.&nbsp; Price is tracing corrective waves a, b and c.&nbsp; Price is now searching for C low in the monthly period.&nbsp; Price will trace an A, B C pattern to its low. &nbsp;Price is now near the low of wave A as observed in the 4 and 1 hour periods. &nbsp;Daily period currently traces an incomplete &nbsp;bullish AB=CD price pattern (ZUP76 indicator).&nbsp; &nbsp;Price will trace higher incident to wave B thereafter it will resume its path to C low in the monthly.<o></o></span></font></p><p class="MsoNormal"><font size="4" color="#1f497d" face="Calibri"><span style="font-size:14.0pt;color:#1F497D;"><o>&nbsp;</o></span></font></p><p class="MsoNormal"><font size="4" color="#1f497d" face="Calibri"><span style="font-size:14.0pt;color:#1F497D;">Corrective patterns are much more difficult to accurately trade since they often do not trace divergences. &nbsp;Price patterns offer some instruction re corrective wave lows or highs.&nbsp; Price may well retrace to 61.8 or even 78.6 in the monthly period for C low.<o></o></span></font></p><p class="MsoNormal"><font size="4" color="#1f497d" face="Calibri"><span style="font-size:14.0pt;color:#1F497D;">Loren<o></o></span></font></p><p class="MsoNormal"><font size="4" color="#1f497d" face="Calibri"><span style="font-size:14.0pt;color:#1F497D;"><o>&nbsp;</o></span></font></p><div><div style="border-top:solid #B5C4DF 1.0pt;"><p class="MsoNormal"><b><font size="2" face="Tahoma"><span style="font-size:10.0pt;font-weight:bold;">From:</span></font></b><font size="2" face="Tahoma"><span style="font-size:10.0pt;"> Al Snyder [mailto:snydersearch@msn.com] <br><b><span style="font-weight:bold;">Sent:</span></b> Wednesday, December 14, 2011 6:26 PM<br><b><span style="font-weight:bold;">To:</span></b> loren<br><b><span style="font-weight:bold;">Subject:</span></b> Question on wave 3's<o></o></span></font></p></div></div><p class="MsoNormal"><font size="3" face="Times New Roman"><span style="font-size:12.0pt;"><o>&nbsp;</o></span></font></p><div><p class="MsoNormal"><font size="2" face="Tahoma"><span style="font-size:10.0pt;">Loren<br>I am following EURUSD... my past counts have been somewhat off. Now, it seems clear we are/have been in a 3 of 3&nbsp;down. Relentless. <br>I have been following with RSI primarily, looking for divergence patterns. Although the trend seems exhausted, my analysis shows we have more to go. Thus, I have kept my trades active. <br>Please remind me: what divergence pattern do you look for a the end of a 3 of 3, if not the entire wave. This is quite instructive...<br>Thanks<br>Al<br><br>AL SNYDER 443-951-9724 <a href="mailto:snydersearch@msn.com">snydersearch@msn.com</a><o></o></span></font></p></div></div></p>

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          <a name="TopText"><p style="clear: both; margin: 0 0; padding: 0 0 3px 0;"><span style="color: #628C2A; font-weight: 700; font-size: 13px;">Attachment(s) from Loren Morlan</span></p></a>
    
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