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TFC Commodity Trading Forum

Re: CZ12 Dec Corn Chart/Randolf

Howdy STR, I have to disagree with your suggestion that it is necessary to go back 5-7 years to project fib cycles forward for the here and now on a daily chart.. I been doing this a really long time and can assure you that it is not necessary at all. One only needs to go back to the prior AB wave and calculate for the current C wave, no matter which time frame you're looking at, whether hourly, daily, weekly, or monthly it makes no difference, you still calculate for C wave using the previous AB wave as measuring stick. If your cycle projecting method requires you to go back 5-7 years to calculate for the here and now then your method is is way too complicated and you're working way too hard and you should abandon your method and adopt mine.