KISS like McGrath

[Ajax]

Dear nobo

Yes looks like a bullish wolfe.
I am tempted to take position

Ajax

 

[sattimes]

I suspect ajax knows very little about wolfe waves
Trend continuation wolfe wave on wolfe wave.com
http://www.wolfewave.com/_derived/Trading_OEX_options_off_a_15_min_S&P_chart.htm_txt_PERFE1.gif
In fact it is very similar to the wave you posted Satish.
So I would say good work so far.

dear raja , in the pics posted by u , the 1-3-5 trend line is still sloping up, but not the case my pic. it is almost horizontal. i think thats what Ajax wanted to convey,

by the way nice blogs, will follow up regularly.

regardss
SAtish

 

[Ajax]

Dear nobo....

Yes looks like bullish wolfe, but on take larger view. There appears to be
Head & shoulder pattern preceeding it. SO it would be prudent to maintain
strict stop loss

regards

Ajax

 

[uasish]

Hi all

This thread was meant to keep things simple and follow.....
Those interested in lengthy , academic discussions may please
note there are many other threads here in Traderji

Regards

Ajax

I was just waiting for this reaction,Ajax after winstonn your efforts are appreciated.

 

[ratan jain]

Reading this thread make me wonder........

How many years before I learn all that is being discussed here?

 

[Ajax]

"Life Is Really Simple, But We Insist On Making It Complicated"

-Confucius-

Hi all
I have told a story validating above quote
Please visit thread 'Who says traders dont have sense of humour'
regards
Ajax

 

[beginner_av]

Dear Winstonn and Ajax, dont delve into or pay attention to the blah...carry on with your stuff.

 

[beginner_av]

Reading this thread make me wonder........

How many years before I learn all that is being discussed here?

I will never get there with my 2 +/-2 brain. Will you do better?

 

[kindman]

Ajax Ultratech Cement Chart Nice

 

[Ajax]

Hi all
I am back,, this time with bearish wolfe

BEARISH WOLFE ON PRAJ INDUSTRIES

Study it and enjoy

Ajax

PS: Pl dont argue about placements of points etc etc