KISS like McGrath

[learn2trade08]

also can you please take a look at larsen&T weekly charts,can we ignore this as a false ww.
thanks

 

[Ajax]

dear ajax,
how crucial is the symmetry factor for you to take decisions based on ww.
do you give space for say 1 or 2 bars here and there or would it break the symmetry...
your reply's would definitely help us.
thanks

Symmetry is key to wolfe waves. Ofcourse some latitude is provided.
To take position, once identified.. I would wait for follow up... If scrip
in question consolidated at around point e.. its worth putting your money
into.
L&T is wolfe .. see how it behaves. In fact lot of scrips are showing simmilar
pattern along with Nifty.. which may mean that bottom may be around the
corner... have to wait for confirmation.. Mind you its weekly charts..
So it may take few weeks/mths to reveal itself. Dont mix up with daily charts.
Regards
Ajax

 

[learn2trade08]

dear ajax,
sincerely appreciate your time and happy diwali.Now one step ahead in learning the system,a lot more steps needed.
all the best!

Symmetry is key to wolfe waves. Ofcourse some latitude is provided.
To take position, once identified.. I would wait for follow up... If scrip
in question consolidated at around point e.. its worth putting your money
into.
L&T is wolfe .. see how it behaves. In fact lot of scrips are showing simmilar
pattern along with Nifty.. which may mean that bottom may be around the
corner... have to wait for confirmation.. Mind you its weekly charts..
So it may take few weeks/mths to reveal itself. Dont mix up with daily charts.
Regards
Ajax

 

[robin_malihan]

Soon i will post many shares with wolfe wave on weekly , few satisfying perfect retracement levels and rest with symtery.

Happy Diwali to all.


Robin

 

[learn2trade08]

allright now we have the spirit of diwali....
thanks robin/ajax!

Soon i will post many shares with wolfe wave on weekly , few satisfying perfect retracement levels and rest with symtery.

Happy Diwali to all.


Robin

 

[Ajax]

Hi all

So market is moving up....

Have a look @ Adlabs weekly .. 12% up today.
Bullish wolfe set up . Adlabs can rise to > 600 from present levels
in quick time..... Remember its a weekly chart

[/

Regards

Ajax

 

[Ajax]

Hi all wolfe watchers

ADLABS ON weekly is now consolidation between 160-130
after forming bullish wolf wave. So far so good.
If doesnot fall further, it has no choice but to move
to ~ 700 in 6-8 mths time

Regards

Ajax

 

[robin_malihan]

Hi all wolfe watchers

ADLABS ON weekly is now consolidation between 160-130
after forming bullish wolf wave. So far so good.
If doesnot fall further, it has no choice but to move
to ~ 700 in 6-8 mths time

Regards

Ajax

Keep posting like to see your charts.

 

[robin_malihan]

Another Wolfe wave on GOLD , another big money makeing oppertunity ...

Short this keeping few tick abv high as stop loss ..

Robin

 

[learn2trade08]

dear robin,
excellent find,i think the divergence gives an additional sense of confidence.i wish i had a commodities account.
as always sincerely appreciate your time and a wonderful gesture,is it alright if we can discuss about other aspects of technicals as well or is only pertaining to wolfe.
It would a great learning opportunity for a newbie like myself.
thanks in advance.

Another Wolfe wave on GOLD , another big money makeing oppertunity ...

Short this keeping few tick abv high as stop loss ..

Robin