Wolfe Wave

adityasaraf007

Well-Known Member
Dow and S&P500 - Weekly:

Although I have never tracked these Indices to support my views on Indian markets.... But US being the world's biggest economy..... It should have some effect on India..... The correlation is something which is not certain....



 

adityasaraf007

Well-Known Member
Horror Story - DAX - Daily:

DAX, we all know is Germany's Market Index... And Germany is the largest economy in European Union.... What does it indicate?????????



PS: Bhaiya.... kuch din pehle Hindalco ka chart post kiya tha.... sambhal lena usko....
 

EagleOne

Well-Known Member
Adi bhai, aise doomy gloomy chart laga ke kaahe ko Wall street mein sucide 'mela' lagwaao ge, yaar?! :D

On serious note, abhi dow cow 2-300 point ki upmove maar sakti hai easily. There is always a undercurrent bullishness due to interplay of various TLs...

Have a look at the whole board before you make your move.
If you are a good chess player, you would know what this expresssion implies.

And, please, never be lulled by this dangerous declaration that trading is as easy as ABC. It isn't. Agar aisa ich hota, bhiddu, toh Bombay saala NewYork hota aur akhaa Forbes list mein Jhunjhunwala jaise motu tapankey jhunjhuna baja rahe hote, samjhe?! ;) :lol:
 

adityasaraf007

Well-Known Member
Adi bhai, aise doomy gloomy chart laga ke kaahe ko Wall street mein sucide 'mela' lagwaao ge, yaar?! :D

On serious note, abhi dow cow 2-300 point ki upmove maar sakti hai easily. There is always a undercurrent bullishness due to interplay of various TLs...

Have a look at the whole board before you make your move.
If you are a good chess player, you would know what this expresssion implies.

And, please, never be lulled by this dangerous declaration that trading is as easy as ABC. It isn't. Agar aisa ich hota, bhiddu, toh Bombay saala NewYork hota aur akhaa Forbes list mein Jhunjhunwala jaise motu tapankey jhunjhuna baja rahe hote, samjhe?! ;) :lol:
Arre Eagle bhaiya.... kuch nahi.... subha-subha sabko Horror Film dikhane ka mann kiya.... Isiliye.... Aage-aage dekhiye hota hai kya.... :D

Aur apne ye 200-300 point ki baat thode hi kar rahe hain... apne toh 2000-3000 ki baat kar rahe hain..... Bahut mazza aaye ye chart dekh ke.... :p
 

EagleOne

Well-Known Member
Arre Eagle bhaiya.... kuch nahi.... subha-subha sabko Horror Film dikhane ka mann kiya.... Isiliye.... Aage-aage dekhiye hota hai kya.... :D

Aur apne ye 200-300 point ki baat thode hi kar rahe hain... apne toh 2000-3000 ki baat kar rahe hain..... Bahut mazza aaye ye chart dekh ke.... :p
Apne yahan ke charts ki moves toh kisi ghatiya comedy jaisi hain...woh bandar-shakl jhonny liver ke jaisi. Sar na pair, bas bak-bak.

Mere ko toh GCI demo pe DAX FTSE etc ko short karne ka mazza aata hai. BTW, gold, silver, copper, loha-lakad, sabhi ko short kar rakha demo pe muddaton se. Cover karta hoon S pe aur uppar R pe aate hain, toh ek aur laat laga deta hoon. Video game hai, entertainment hota rehta hai virtual account mein apne ko millionaire bante dekhte hue...Ab gali mein kanche-goliaan toh khel nahin sakta na! :lol:
 

tempest

Well-Known Member
I can only laugh after seeing the WW patterns.
Not even worth telling that they are invalid WWs.

:D

It would do good to pay heed to SM bhai's words. For trading WW set ups symmetry of waves wrt time and price is vital specially on large TFs.
With 3 min, 5min, 10 min one can take some liberties but otherwise always look for symmetry.

Otherwise failure rate is high as all WW trades are contra trades.
If anything has less then 50% positive expectancy you as well toss a coin and take the trade for direction
 

adityasaraf007

Well-Known Member
I can only laugh after seeing the WW patterns.
Not even worth telling that they are invalid WWs.

:D
Hi Murtaza ji.... If the charts could make you laugh, it solved the purpose of posting them..... :)

You are one of the persons who are very well-versed with WWs.... Though tempest has mentioned symmetry as the reason.... Would like to know your reasons as well..... :)
 

EagleOne

Well-Known Member
Ramakant bhai, agar aise har mod pe WW hone lag gayi toh 2013 ka Economics nobel prize Bill Wolfe ko main dilwaaoonga, pukka! :D
Adi bhai, I wrote this a day or so before....

I can only laugh after seeing the WW patterns.
Not even worth telling that they are invalid WWs.

:D
Now it's officially confirmed by none other than SM...

:)
 

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