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| Discuss simple steps to identifty Wolfe at the Technical Analysis within the Traderji.com - Discussion forum for Stocks Commodities & Forex; Modified ajax Nifty fu chart with red trend line and red count... Jay... |
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#42
10th May 2007, 08:21 AM
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Re: simple steps to identifty Wolfe
Hi jay,
you have shown another wolfe on Ajax's chart. Good try buddy! but i think point 5 does not touch or penetrate 1-3 trendline, so this is not a valid wolfe , and market may not fall to the target as expected! With Regards, Winston 
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#43
10th May 2007, 09:16 AM
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Re: simple steps to identifty Wolfe
Hi winstonn & jai
I have already shown stop loss position in 4th wolfe setup However, with so much profit already in hand one could take a little risk with a protective call. So short is time frame, one needs quick decision. What jai has drawn is an extended wolfe wave with 1 2 3 4 5 6 7 pattern. It it meets other symmetry criteria than the results will be sure shot. Take postion, even if u have to sell ur house. Lets see what happens today. BTW I have made a PPT prsentation of above Nifty trade but file size is ~ 990K. Cant post on Traderji. Please tell me where to upload it regards Ajax
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#45
10th May 2007, 03:01 PM
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Re: simple steps to identifty Wolfe
Quote:
Which software is to be used to open this file?
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#46
10th May 2007, 03:02 PM
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Re: simple steps to identifty Wolfe
Quote:
Thanks in advance R. S. Iyer
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#48
10th May 2007, 03:04 PM
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Re: simple steps to identifty Wolfe
Quote:
R. S. Iyer
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#49
10th May 2007, 07:19 PM
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Re: simple steps to identifty Wolfe
Quote:
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#50
10th May 2007, 08:01 PM
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Re: simple steps to identifty Wolfe
Dear all
Multiple wolfes on Nifty futures on 09/05. posted earlier Target for las wolfe filled today, although after some scare Nifty future wolfes in pps form can be down loaded from following link: http://**********.com/files/30544448...UTURE.pps.html See todays nifty future action regards Ajax
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