KISS like McGrath

[learn2trade08]

i dont think there is symmetry in this one,found it on the net.
all the best.

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

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

Robin

 

[Ajax]

Dear all wolves

Bearish wolfe on HPetroleum

Risk / reward > 1: 6 (CMP ~296, SL 306, Target ~ 240-50)

Enjoy

Ajax

 

[prasadam]

Dear Robin

Now no reason , not to go short.
Short with Top as SL. Even if ur position moves against u, need not
worry. U have got the funda right

Ajax

PS: Big brothers on this forum r watching u

proved right. thanks.

 

[myvineet]

proved right. thanks.

Prasadam.. i think ajax agreeing with robin in going short those lines..

i hope they must have there stop at 14500 at that time ..

vineet

 

[prasadam]

Prasadam.. i think ajax agreeing with robin in going short those lines..

i hope they must have there stop at 14500 at that time ..

vineet

sorry. misunderstood.

 

[Ajax]

Dear all wolves

Bearish wolfe on HPetroleum

Risk / reward > 1: 6 (CMP ~296, SL 306, Target ~ 240-50)

Enjoy

Ajax

BEARISH WOLFE ON HP- TARGET MET..

COMPARE THE ENTRY BY DIFFERENT SYSTEMS
AND RISK REWARD RATIO :thumb:

ENJOY

Ajax

 

[rahul_mail]

Wolfe experts,

I have attached wolfe lines drawn on GRASIM. Can you confirm whether the lines are correct or is there any mistake?

 

[Ajax]

​

Wolfe experts,

I have attached wolfe lines drawn on GRASIM. Can you confirm whether the lines are correct or is there any mistake?

No. There is no symmetry.
Calculate ratios. U will know

Looks more like a rising wedge
Which is bearish sign

Ajax

 

[Satyen]

Hi Ajax thanks for reviving the thread will learn lot from you ......... before that a newbie question can we apply this pattern to a perticular stock /index say nifty only
like can we test this pattern happening on nifty for one year and the result than how often it appears on nifty

or to say it profitable we have to apply to every scrip where it apeears

yes these questions may be very sily before i start these r comming to mind so asking

Regrds
Satya

 

[Ajax]

Hi Ajax thanks for reviving the thread will learn lot from you ......... before that a newbie question can we apply this pattern to a perticular stock /index say nifty only
like can we test this pattern happening on nifty for one year and the result than how often it appears on nifty

or to say it profitable we have to apply to every scrip where it apeears

yes these questions may be very sily before i start these r comming to mind so asking

Regrds
Satya

No question is silly.

Yes wolfe is applicable to all scrips/future/commodities any thing
Make sure u select scrips which are actively & heavily traded.
Most common is Nifty ofcourse. (Not maniplutable)

I had made Powerpoint presentations on wolfe & posted somewhere
I am searching for it. Will post, if I get it.

Meanwhile you can go thru wolfewave.com.

Nifty future regularly exhibits wolfes. In all time frames (min to weekly)
I will post , when I can spot one (during or after market hours)

regards

Ajax