simple steps to identifty Wolfe

[noboundries]

bullish wolfe wave in zuari agro as on 4/10/2007

 

[dsanjyot]

Hi W/W experts,

Pls look at daily charts of IT Majors, INFY / WIPRO / TCS / SATYAM even CNX IT
Is there any bearish W/W formation. Pls make it fast and let all of us know with the targets as per the technical analysis

WINSTON / UASHIS / ALL WW experts PLS PLS do let us know

 

[dsanjyot]

HINDALCO developing bearish W/W
Pls confirm. Perfect setup according to me on daily chart

 

[winstonn]

Hello DSanjyot,

as of now, there are not bullish or bearish wolve waves on IT majors.
Also they are running in strong counter- trend ( downtrend ) on weekly charts. According to my analysis, there are no buying signals as of now. let the analysis signal buy on charts.....instead of HOPE and GREED signalling it a buy!

Take care,
AUM
Winston

 

[dsanjyot]

ROLTA daily chart also showing W/W what say?

 

[dsanjyot]

Thanks Winston 4 Clarification.

I m not yet sure about how to identify the W?W. Can u suggest any web page or traderji discussion for reading?

Sanjyot

 

[winstonn]

Hi,

HINDALCO is not a bearish wolfe wave, point 5 not in tune with respect to symmetry of points.

Also market did not broke below So called point 3 drastically!

Well, hunt for perfect set ups to get probability trades!

Take care,
AUM
Winston

 

[winstonn]

Hi sanjoty,

please read the main wolfe wave site.
Also read the rules to be followed in this thread.

If u have PERFECT set up, it will be done.
hmmm......u need practise dear....continue to the good...it will follow u.

Take car,
AUM
Winston

 

[winstonn]

Hi,

Rota no WW, buy yeah! one thing sure, rolta on daily charts formed H & S. But this has greatly failed and the head has been surpassed. Whenever, such thing happens there is generally great up move.

i think the conservative entry would be between 500to520

AUM
Winston

 

[noboundries]

winston do comment on chart