KISS like McGrath

[Satyen]

Hi all

~ 140 points were there for asking in today's so
called dull day..... No rocket science.... just KISS

See attached chart

Ajax

Thanks

Regards
Satya

 

[Satyen]

Dear nagendra..

I Day trade only NF. ..
Method : First look @ 5min bar , then decide..
Shift to 2 min ... as day goes along .. shift to higher time till 5min NF
I dont take into account more than a day before... i.e. for today only 8th
for refernece.

Since time frame is only a day i.e. 5 1/2 hrs, I simply dont see hrly/ daily/wkly NF. To me thats variable one to many.

Regards

Ajax

Dear Ajax that 5min pivot fis great one learned rom saint ,asish, and you on thread Nifty 7300 do u trade like this only when you get a gap ... ?when we dont have gaps then what are the methods u follow or you follow same crack of 5min bar any side you go long or short ?

Waiting a reply
Reagrds
Satya

 

[Ajax]

Dear Ajax that 5min pivot fis great one learned rom saint ,asish, and you on thread Nifty 7300 do u trade like this only when you get a gap ... ?when we dont have gaps then what are the methods u follow or you follow same crack of 5min bar any side you go long or short ?

Waiting a reply
Reagrds
Satya

Dear satya

Gap trading works for me.. Other things... patterns H&S , WW 123 etc
When no gaps... I try to spot patterns..

I think Ashish can better answer this.....

Regards
Ajax

 

[Ajax]

Dear all

Bearish WW on NF in afternoon.......

This one is perfect and with expected results....

Can use it to re-learn Wolf phenomenon

Regards

Ajax

 

[Ajax]

dEAR Ajax ....

Tried to show points in ur chart ,..
plz have a look and share ur views ,.. I m not sure about its Wolf only ,... so takin ur opinion ,..
P.S. - I dont have any position with this stock. just checkin charts for studies.

Regards,..
Darsh

No No... u have extracted what looked like wolf to u from the setup
Point A is the most important.. its turing point... ANd ITS APPARENT
IN RETROSPECT.......
I have explained ww formation in "Pick bottoms , Blow tops"
Please go thru it.....

And for bearish WW see todays NF 5min chart attached above....
Its self explanatory.................

 

[rajaram.dilipkumar]

ajax,
as always informative ... enjoy reading your posts .....

 

[Ajax]

ajax,
as always informative ... enjoy reading your posts .....

Always a pleasure

Ajax

 

[vijayanscbe]

hi im new to this forum

 

[Ajax]

hi im new to this forum

Welcome to this great forum
Hope, u can learn & in turn teach us a thing or 2



Ajax

 

[qa_y2k]

Dear ajax,
Since i am new to charting had a query,can we consider this as a valid chart pattern.
thanks in advance