KISS like McGrath

[Ajax]

Ajax sir, this is what I have done today, When ever you get time please suggest

In my humble opinion the 5 min bars are best traded on the trendline basis.It appears that you are useing the movng averages as indicators that are basically lagging indicators.:clapping::clapping::clapping:

No sir, not at all. While live trading , I see only 5 min candles. Thats it.
Sometimes for clarity I scale down to lower or up to higher time frames briefly. But 5 min is my bread & butter, Not even volumes, thats adding another variable. And I cant handle many variables at a time. (My live candle to candle commentary is available in another forum some times)

 

[Ajax]

Dear kenneth

The chart shows.. YELLOW arrows where yours truly took trades & reversed
And I know of some who have the abiity to take trades at blue arrows
And this is 15m NF chart. There are other times frames, Many other scrips

Posting here on PIB charts - with simplest of methods to show it does not
need rocket scince to make descent profits. And if you are infront of trading
screen thru out the day (unlike me, a part time trader) you might as well strive to get all the juice. Its not difficult.



Dear Ajax
I think that i see the ichimoko kenyo hyo clouds on the chart.
If it is so then where are the kjun and tenkan pl?:clapping::clapping:

Sir , what you mentioned is greek/latin/chinese to me.
Nothing of that sort..
Dont now much of programming, but I am good at Ctr C & Ctr V (copy
and paste). By trial & error developed a program to pick bottoms &
blow tops (not yet perfect). I do use Market Profile, jurich code wolfs
etc to pick my stocks for trades.

 

[jatayoo]

Sir , what you mentioned is greek/latin/chinese to me.
Nothing of that sort..
Dont now much of programming, but I am good at Ctr C & Ctr V (copy
and paste). By trial & error developed a program to pick bottoms &
blow tops (not yet perfect). I do use Market Profile, jurich code wolfs
etc to pick my stocks for trades.[/QUOTE]
OK and thanx
looks that the river like channel is a 'price channel'
But IKH .. a japaneese system ... is also very very good.:clapping:

 

[MurAtt]

Ajax Sir,

A Bearish WW on 3min NF?
1 4320, 2 4295, 3 4315, 4 4270, 5 4315.
Can u confirm. Tgt comes to a very lower level - say below 4250 at least.
Thanks

 

[Ajax]

Ajax Sir,

A Bearish WW on 3min NF?
1 4320, 2 4295, 3 4315, 4 4270, 5 4315.
Can u confirm. Tgt comes to a very lower level - say below 4250 at least.
Thanks

No sir ...
no wolfe here.
The next chart definitely bullish wolfe on Nifty

 

[Ajax]

Expect ~ 4370 tommorow :thumb:

 

[jatayoo]

Ajax
Why did the WW fail ?
something wrong with the setup???
Like the ratio's of the different legs of the wave???:clapping:

 

[Ajax]

Ajax
Why did the WW fail ?
something wrong with the setup???
Like the ratio's of the different legs of the wave???

No sir.. this a near perfect bullish wolfe.
It has not failed either.
Before it could reach its destination, market closed.

Now if nothing untowards happens in off hours or globally
we should see the target tommorow...
:thumb:

 

[myvineet]

OK ....to kal ajax ki wolfe ka test hain...

all the best ajax..

vineet

 

[MurAtt]

Ajax Sir ka WW, I doubt its failure.