KISS like McGrath

[moneybhai]

Asish da, as always you come up with good charts, suntv, tata power all were good one. I hope u made some buck in both of them. will look forward to comment on ur next finding hope to trade in that..

Ajax, I guess you have already sounded a warning by drawing a possible wolfe on BSE.. will be confirmed on infy D day but do you see the same on Nifty? also chk out bharti.. on the verge on breakout, if crosses above 850 mark, 878 coming soon..

 

[kharikumaar]

this thread is hibernating !! and i was thinking it was getting to be useful. c'mon seniors - keep it running


hari

 

[Ajax]

Hi kharikumaar & other kissers

Well not really worthwhile happening @ my front. And sensing impending meltdown.. just keeping low...
Any way time for realty check.........

1. Bearish wolfe on PRAJ well on course. .. Those who shorted PRAJ @ the
peak rate of ~ 536 are deeply in money.
2. Bullish wolfe on M&M. .. well on course.. Those who went long ~ 710 are
again deeply in money...
3. BSE sensex has bearish wolfe on it... As expected -preresult rally seen in
Infosys .. back to sq 1 . With this BSE senssex has moved below
1 2 3 line ( See my posts in 'Sensex @ 12000 R U ready for it'). There might be another attempt to cross the previous high and get above 123 line. In case, it remains below.. I atleast with go short for a target of ~ 12000.

ANY WAY . DONT FORGET UR STOP LOSSESS

Regards

Ajax

 

[JAISWANI]

Hi kharikumaar & other kissers

Well not really worthwhile happening @ my front. And sensing impending meltdown.. just keeping low...
Any way time for realty check.........

1. Bearish wolfe on PRAJ well on course. .. Those who shorted PRAJ @ the
peak rate of ~ 536 are deeply in money.
2. Bullish wolfe on M&M. .. well on course.. Those who went long ~ 710 are
again deeply in money...
3. BSE sensex has bearish wolfe on it... As expected -preresult rally seen in
Infosys .. back to sq 1 . With this BSE senssex has moved below
1 2 3 line ( See my posts in 'Sensex @ 12000 R U ready for it'). There might be another attempt to cross the previous high and get above 123 line. In case, it remains below.. I atleast with go short for a target of ~ 12000.

ANY WAY . DONT FORGET UR STOP LOSSESS

Regards

Ajax

Dear Ajay Bhai .Iam Using Metastock end of day , Can You able to Provide
me Metastock exploration For Wolf Wave ?

Thanks Bhai............................

 

[Ajax]

Dear jais

I dont use metastock. No idea how it works.
Eyeballing the charts, lots of them is what I do & lok for patterns.
Pl look up 'Simple ways to identify wolfe wave' by Winstonn or
www.wolfewave.com
It gives u step by step formation of WW. May be u can device a code
Regards
Ajax

 

[JAISWANI]

Thanks Bhai For Your Reply , Can You Also Provide Stop level For Sensex & Nifty For WW ?

Thanks....................

 

[Ajax]

Dear Jais

SL for short position is high @ point 5. (15115.75 on Sensex)
Risky traders can take position below 1-2-3 line. with hi @ pt 5 as SL
Safe traders can take position as scrip moves below point 3 ( 14681) with above SL.
Proper WW not formed on Nifty. ( However, point 3 comes to ~4363)
Regards
Ajax

 

[opensky]

This Market Is So Amazing U Know What Is Going To Happen But U Still Cant Take A Position . U Know Why ???

Bcz There Is No Trigger So In Case Any Of My Fellow Freinds ( Strictly Referring To Those New To Trading And Positional Calls Just Like Me ) Please Dont Short This Market Thinking That It Will Fall Like Cards .

Wait For The Trigger Till Than Dont Try To Trade Against Teh Tide Just Wait For The Trigger .

I Think Ajax The Perfectionst Should And Will Throw More Light On It .

U Never Know How Far This Crazy Bull Move Will Take U .....

 

[kindman]

Woow Ajax Excellent... Amazing

 

[uasish]

Dear Ajay Bhai .Iam Using Metastock end of day , Can You able to Provide
me Metastock exploration For Wolf Wave ?

Thanks Bhai............................

ColA
Pa:=Trough(4,LOW,.75);

Pb:=Peak(3,HIGH,.75);

P1:=Trough(3,LOW,.75);

P2:=Peak(2,HIGH,.75);

P3:=Trough(2,LOW,.75);

P4:=Peak(1,HIGH,.75);

P5:=Trough(1,LOW,.75);

tb:=TroughBars(1,LOW,.75);

tb<=4 AND

p1 > pa AND

pb < p2 AND

p1 < p2 AND

p1 < p4 AND

p1 > p3 AND

p3 > p5 AND

p4 < p2
...................................................
colB (Tangent)
p1:=Trough(3,LOW,.75);

p3:=Trough(2,LOW,.75);

p5:=Trough(1,LOW,.75);

o1:=p1-p3;

o2:=p1-p5;

a1:=TroughBars(3,LOW,.75)-TroughBars(2,LOW,.75);

a2:=TroughBars(3,LOW,.75)-TroughBars(1,LOW,.75);

tan1:=o1/a1;

tan2:=o2/a2;

Abs(tan1-tan2)
........................................................................
colC (Tr Bars)
a1:=TroughBars(3,LOW,.75)-TroughBars(2,LOW,.75);

a2:=TroughBars(3,LOW,.75)-TroughBars(1,LOW,.75);
a1;
......................................................................
colD ( Tr)
p1:=Trough(3,LOW,.75);

p3:=Trough(2,LOW,.75);

p5:=Trough(1,LOW,.75);
....................................................................
colE L
L;
............................................
ColF C
C;
...........................................................
Your objective is ColA= 1 and ColB < 0.2
But if you put this in filter you will not find anything everyday ,hence to study & tweak with the code for further improvement i would prefer not to put anything in Filter.
This code was collected from Net long back with a slight modification was presented in this forum long back.
(Like all other project this is still pending.)