Intraday Trading using Elliot Wave

Nifty Futures Profit for 16th September 2010.

Elliot Wave Trading

Below calls were given for today 16th September.

Recommendation
Go Short at / below 5875. Stoploss at 5880.87. Target 1 is 5835.44.
Go Short at / below 5859.89. Stoploss at 5880.87. Target 2 is 5828.79.

As per above Calls, sell triggered at 5875 at 9:24 am in Nifty Futures.

Target 1 5835 achieved at 11:52 am.
Target 2 5828 achieved at 12:06 pm.

Profit = 5875 - 5828 = 47 points.

Profit of 2000+ with one lot of Nifty.

Has ne1 tried this?

Nifty Futures Profit for 22nd Sep 2010

Elliot Wave Trading

Calls generated for 22nd Sep were

Go Short at / below 6046. Stoploss at 6052.04. Target 1 is 6000.42.
Go Short at / below 6028.59. Stoploss at 6052.04. Target 2 is 5992.75.

Short Triggered at 6046 at 9:02 am

Taregt 1 6000.42 achieved at 10:30 am.

Target 2 5992.75 achieved at 10:40 am.

Total Profit = 6046-5992 = 54 points.

Profit of 2500+ with one lot of Nifty.

Nifty Futures Profit for 14th oct 2010.

Elliot Wave Trading

Calls generated for 14th oct by Elliot Wave Calculator are

Go Short at / below 6281. Stoploss at 6287.28. Target 1 is 6180.66.
Go Short at / below 6242.68. Stoploss at 6287.28. Target 2 is 6163.78.

Sell Triggered at 6281 at around 9:30 am.

Target 1 is 6180.66. Low for today is 6181.05.
(See the accuracy of this method).

Target 1 achieved at 6181 ( rounding off 6180.66)

Profit = 6281 - 6181 = 100 points.

Profit of 5000+ with one lot of Nifty.

Dear Radha
I was going through ur posts .All the trades are bearish . what about bullish signals?

thanx...

He usually does not reply to queries which is logical. His Elliot Wave,Gann Method, Camarilla pivots points, etc. is only for the advertisement of his blog from where he earns his living. Usually post after market hours to boast about his calls. He does not post calls which did not work (rather failed miserably. Please do not trust me. Try paper trading his calls for 15 days you will know it better.) There is no logic behind any entry or exit. After market hours, every one is expert trader since we can look at the charts. You have to believe him in whatever he says since he is not himself trading with this calls. There are other blogs in web where someone (suresh1_1) used to write and think like him. He was banned in that forum (may be my time has come to get banned). But I cannot tolerate newbies coming into this awesome forum getting stumbled upon this type of thread.

If you really want to know about trading, please check out threads by Saint,AW10,SavantGarde and others.