KISS like McGrath

[moto143]

Hi ajax...

I have gone through your Presentation many times...Most of the points are clear to me apart from the ratio one...I'm yet to figure out how you calculate the ratio.

i'm referring to the chart in your presentation...as per you C has to be lower than A and between 1.2 to 1.67 of AB which comes out to be 4331 and 4323...How do you calculate these?? can you please explain.

 

[Ajax]

Hi ajax...

I have gone through your Presentation many times...Most of the points are clear to me apart from the ratio one...I'm yet to figure out how you calculate the ratio.

i'm referring to the chart in your presentation...as per you C has to be lower than A and between 1.2 to 1.67 of AB which comes out to be 4331 and 4323...How do you calculate these?? can you please explain.
]

Since u have taken pains to understand it...
Have put up a chart to explain... Its not difficult at all...
Just go thru it.....
If u have understood it... homework for u.....
Tell me on the chart similarly about criteria for point e (1.2/1.8 of cd)

 

[beethoven]

 

[taqtrader]

hi ajax thanks for the presentation good one.

 

[moto143]

Thanks Ajax!

I have understood it and have also completed my Homework

here you go:

E = between 1.2 and 1.8 of CD
Cd =4348 - 4331 = 17
1.2 of CD=1.2 x 17 = 20.5 and 1.8 of CD=1.8 x 17 = 31

Thus E should be in between (4348- 20.5) 4327.5 and (4348-31) 4315

Hmm...This is different from your numbers

 

[Ajax]

Thanks Ajax!

I have understood it and have also completed my Homework

here you go:

E = between 1.2 and 1.8 of CD
Cd =4348 - 4331 = 17
1.2 of CD=1.2 x 17 = 20.5 and 1.8 of CD=1.8 x 17 = 31

Thus E should be in between (4348- 20.5) 4327.5 and (4348-31) 4315

Hmm...This is different from your numbers

Oops .. I messed it somewhere.... (probably copy paste error) :annoyed:
But your calc is spot on.. Now that u have understood it
apply this on all w/m that u come accross.

And do post ur charts here.

Happy wolfing....

 

[moto143]

thanks mate!
yap!! will post the charts whenever i find a wolfe.
Thanks again for the support

 

[taqtrader]

perfect proportionate WW is formed in crude oil 240 min chart further confirmtion required below $70 can show $62-64.
let us see how it will unfold?

 

[Ajax]

perfect proportionate WW is formed in crude oil 240 min chart further confirmtion required below $70 can show $62-64.
let us see how it will unfold?

:thumb: :yahoo: :hug:

 

[moto143]

hey Ajax...Check this out..Hourly chart of HDIL...Is this a Bullish WW? Please confirm.