Wolfe Waves

[trade4putuval]

NS -ww 60 min tf tgt 5980 29.11.13
Take care

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Hi a1b1trader,

I see your chart and it shows that it has broken out of the trend, by cutting across the upper trend line. Also towards the end of the day, the price tried to go below the trend line, but got stopped at the trend line and formed a rejection candle.

My queries are the following:

• If the trend line is breached, don't you think that the WW has been invalidated?
• As per my understanding, if the price stays within the upper trend line, then we have to focus on the target drawn from point 1 through Point 4.

Please provide your justification for 5980. Thanks.

 

[bapu4]

Hi,
A very valid question that often comes to my mind too,but thats what wolf wave is ,they say,the WW master calls it "sweet zone" and he is very happy to enter in trade in this zone(brave man!!) any way a1b1 will tell more elaborately.
rgds

 

[timepass]

NS -ww 60 min tf tgt 5980 29.11.13
Take care

Uploaded with ImageShack.us

Hi a1b1trader,

I see your chart and it shows that it has broken out of the trend, by cutting across the upper trend line. Also towards the end of the day, the price tried to go below the trend line, but got stopped at the trend line and formed a rejection candle.

My queries are the following:

• If the trend line is breached, don't you think that the WW has been invalidated?
• As per my understanding, if the price stays within the upper trend line, then we have to focus on the target drawn from point 1 through Point 4.

Please provide your justification for 5980. Thanks.

Yes, T4P.

Also, 1) point 1 is not from a pivot, 2) there is no volume confirmation at either of the points.

 

[santhosh2010]

 

[Gandhar.]

-ww in jpassociat

 

[santhosh2010]

jindalstel jan 2014 fut @ 263 +

jindalstel13dec260pe @ 9.00 +

jindalstel13dec280ce @ 4.00 ..

Trade entered.....

 

[a1b1trader]

BAJAJAUTO -ww 60 min tf tgt 1945 2.12.13

Though there was no volume confirmation, but BA started falling, the moment it formed the -ww
Amazing

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[bapu4]

Tata steel -ww on daily !!

GBU !
Rgds !

 

[a1b1trader]

Hi Vivek

What is the ETA for this -ww.
Thanks

 

[bapu4]

ETA is around 27 days !!

GBU
Rgds !