KISS like McGrath

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marcus

Active Member
Dear Ajay,

I think you're misunderstanding I really don't think anyone is arguing but simply trying to quatify the basic rules for identifying and trading ww, I personally very much appreciate your effort.:)
 

Ajax

Well-Known Member
Hi all

Attached bullish wolfe wave on M&M daily.Target .. touch the blue line
Incidently bullish pattern on stochastic indicator also

Enjoy

Ajax
 
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U

uasish

Guest
You ppl are amazing,someday may try to code these things,frankly has become so lazy with explorations habits ,that eyeballing lots of charts has become a forgetten habit.Gr8 keep it up,atleast we are benifitted by your finds.
 

kindman

Well-Known Member
Ajax Is That Bullish???
M2m Now At 701 Rs ( 19/6/07)

I Can See A Shot On M&m

Shot M&m Below 720rs..... Sl 730

Target = 650 --600 Levels//

Bullish Above 780 Rs Target 860...900
 
hi ajax,

sir there is no doubt of it being a wolfe but what about time intervals 1-3and 3-5 . i think 3-5 time consumed is more than 1-3 so it doesnt qualify to be a perfect wolfe as say it ur self that there shd be symettery between 1-3 and 3-5 in time frames also .

lets see what happens ????
 

Ajax

Well-Known Member
Dear thetraderstop

This one looks like a perfect wolfe.. For your convenience I have moved point 3 till further down. Now looks OK. I got into M&M first thing in morning. As per winstonn's rule one should get in when price moves over point 3 ( HE is perfectionist), which it has . I recommend u get in with a few shares and then follow it ...

If u are new to wolfe.. just memorise this pattern... look for bullish pattern like this when scrip is in down trend and oversold.

Look for bearish wolfe like praj posted earlier when scrip is in uptrend and in
overbought zone...

Happy hunting

Ajax
 
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