At first CK says "if we can get a w2 to 166" and then having fallen to the 61.8% 166 area, padawan asks if coffee is now ready to go. Now, CK replies that the 162-164 level would be a bottom pick try. What has changed? Is 166 to 162 all the same? What technique allows for such wide range of "possibility"?

http://tfc-forum.tradingcharts.com/forum/index.cgi/page/1/md/read/id/550255/sbj/sugar_coffee.html
Re: Sugar / COFFEE
By:commodity kid
Date: Thursday, 19 July 2012, at 8:56 am EDT
In Response To: Re: Sugar / COFFEE (padawan)
Hey padawan, looks like we have completed a w4 of the initial 5 up . need to complete the w5 and the correction before I'll jump on this trade. Should be good though to about 230 if we can get a w2 to 166 or so. got to let it play out coffee is nuts!
hope that helped CK

hey CK. coffee is coming to 61.8% area.Can u see if this is wave "C" of the correction zig zag?I think it maight be... But´i´d like to check a more experienced view on this one. GT

Here's what I have padawan. I believe your
Correct in that this c wave could be finally coming to an end possibly in the vicinity
Of the 162 level. To confirm this I would be looking
For coffee to push over the B wave high or some kinda bullish candle formation.. If you do want to try to bottom pick and
and our count is correct. I would possibly try the 162 -164 level
. What I need and would like to see now on the intra day chart is 5 waves higher, followed by a small zig zag down for a w2 and then take
A shot at the w3 up!