The CHIT CHAT THREAD

[Czar]

viola, jo hukum mere aaka

 

[orderflow13]

alex dont have volumes(i probably forgot to mention this is spot,dont have access to futures),but definitely learnt a new thing about volumes like u stated.never knew volumes play a role in flags...
thanks again!

confirmed l2d.. vol. are on lower side, this is valid flag n congrats while posting dow jumped on upside as per ur observation.

 

[learn2trade08]

czar remember robin mentioning about ww yesterday...did u get time to go through the charts?
with my limited knowledge the new uptrend should take us to 4500 levels which also happens to be the neckline of another h&s(a probable retest)...
when u r free can u plz share ur view as to what u think about it...

thanks in advance!

viola, jo hukum mere aaka

 

[learn2trade08]

sincerely appreciate your efforts and thanks for taking time alex!

confirmed l2d.. vol. are on lower side, this is valid flag n congrats while posting dow jumped on upside as per ur observation.

 

[Czar]

sorry I think i missed your post, where was it ?

I saw Robin's message but the 3rd top is out of symmetry, but not impossible...

 

[learn2trade08]

czar i didnt post it ,i was just watching the charts...
thanks again...
one interesting thing if u have noted none of the sample charts in i cant get the authors name probly linda bradford none of the wolfe waves have symmetry.....


dow 8860
thanks again

sorry I think i missed your post, where was it ?

I saw Robin's message but the 3rd top is out of symmetry, but not impossible...

 

[Czar]

some how I dont trust wolfes much, its like a combo of ascending / descending triangle / wedges, rather I would single out these patterns than look for wolfes, wolfes are like foxy patterns sometimes a matka shot in a other pattern,.,, but that's just my view

& If you ask me, I noticed since quite some time, your eye for triangles is becoming excellent, & you know if a pattern fits you, you could just circle your entire trades around that instead of looking for newer & newer ways... see 100 charts find your ace, trade it... make money & side by side look for other way but concentrate on your forte... IMHO chota muh badii baat from me but think

like me: I am not interested in trading 10 different ways when only 2 ways are making good money for me... I try to grasp everything said, but that goes in Work in progress dept of my mind

 

[learn2trade08]

thanks czar...right now focussing on h&s and fib's while trading..trying to learn the rest...
however there was a typo,u probably meant...bada muh choti baat.

thanks again.

some how I dont trust wolfes much, its like a combo of ascending / descending triangle / wedges, rather I would single out these patterns than look for wolfes, wolfes are like foxy patterns sometimes a matka shot in a other pattern,.,, but that's just my view

& If you ask me, I noticed since quite some time, your eye for triangles is becoming excellent, & you know if a pattern fits you, you could just circle your entire trades around that instead of looking for newer & newer ways... see 100 charts find your ace, trade it... make money & side by side look for other way but concentrate on your forte... IMHO chota muh badii baat from me but think

like me: I am not interested in trading 10 different ways when only 2 ways are making good money for me... I try to grasp everything said, but that goes in Work in progress dept of my mind

 

[Czar]

find what u can trade best on not what looks the best trade...

guys make money just by entering on a candle break, making money is easy dont need anything fancy... KISS _ Keep it stupid simple

& no man its chota or are you calling me a big mouth

 

[rajaram.dilipkumar]

some how I dont trust wolfes much, its like a combo of ascending / descending triangle / wedges, rather I would single out these patterns than look for wolfes, wolfes are like foxy patterns sometimes a matka shot in a other pattern,.,, but that's just my view

& If you ask me, I noticed since quite some time, your eye for triangles is becoming excellent, & you know if a pattern fits you, you could just circle your entire trades around that instead of looking for newer & newer ways... see 100 charts find your ace, trade it... make money & side by side look for other way but concentrate on your forte... IMHO chota muh badii baat from me but think

like me: I am not interested in trading 10 different ways when only 2 ways are making good money for me... I try to grasp everything said, but that goes in Work in progress dept of my mind

one thing funny about wolfe , its a hh,hl we short ... its a lh,ll we go long ... what non-sense . Correct identification is the key in wolfe patterns and attimes even if we are right in identifying wolfe we might end up in a losing trade. Will post charts on ww failures when it happens .Attimes even with wedges , what is a ascending triangle will look like a bearish wedge and vice-versa . Again going by anything that happens on a larger timeframe is better than looking at 5min wolfe and wedge.