KISS like McGrath

opensky · #31 24th May 2007, 01:29 PM

hi all,

in case the above gartley pattern is valid n D comes around 616 (1.27 of bc )or 601-602 (which is 1.62 of bc) t
hen what should be the target of the impulsive wave and at what level one should take entry.

help me pls

opensky · #32 24th May 2007, 03:38 PM

hi all,

sir it touched 601-602 on closing today so is the pattern complete ???

n in case it is then pls what shd be the trgger and the target

pls help me

opensky · #33 24th May 2007, 08:35 PM

30 min chart of gesco as on 24/5/2007

winstonn · #34 24th May 2007, 10:57 PM

Hi ,

Price AD can retrace max 0.786 of Price XA
please check it out!

if it is YES, then only take position when the price now breaks point B fom downside to upside.

Regards,
Winston

Ajax · #35 24th May 2007, 11:14 PM

Dear Ops

Just as winstonn described.. keep watch
Take position above point B ie >627, stop loss 617
for a target of ~ 690

Good luck

Ajax

Ajax · #36 26th May 2007, 08:33 AM

Dear wolves

Bajaj Auto shows bullish wolfe formation.
There is even a bigger bullish wolfe starting
the recent crash.
Support in form of hammer also seen

Enjoy the ride

Ajax

kindman · #37 26th May 2007, 04:24 PM

Ajax Brother What Happened To Ur Corporation Bank Target...ur Funny... Ur Target Was 290 Rs Now Its 340
Dont Go Bend Wolf.... See The Trend Line Of Corporation Bank ....winstons Graph Is Absolutly Correct.. And See The Trend Line What He Had Drawn

kindman · #38 26th May 2007, 04:45 PM

Bajaj Auto Now At 2170 Rs

Next Week Simple Target = 2372 Rs Enjoy !!!

Best Price To Buy Bajaj Auto Is 1830 Rs....

Ajax · #39 26th May 2007, 09:10 PM

Dear kindman

I dont know what u would have done or have done.
I will tell u my method :: 1. Find a pattern.> 2.. Get in with breakout. >
3. No set targets for me. 4>> Manage the downside with trailing SL

I spotted bearish wolf oppurtunity corp bank. Created short position below point 5 ~ 330. Followed my position with trailing stoploss. Corp bottomed out @ 305 ~ 10 points short of projected target. Reversed. Position was stopped out at 310.. good 20 points profit. "End of my trade".
Projected target is only a rough guide to me. As can bee seen in my posts in "pattern trading" I dont bother about upsides (down sides in this case) but manage the downsides by trailing SL ( upsides in short positions).

I am here to make profits. Not for academics.

I shall follow the same strategy with Bajaj Auto or any other future trades.

Any way thanks for ur kind words kindman

Regards

Ajax

PS: see Corp Bank wolfe follow up chart

kindman · #40 27th May 2007, 09:49 AM

Ajan From Where U Get This Graphs.. Ha Ha Ha...

Ur Playing With Wave Theory... Means Lines.... If The Graph Is Streched Or Compressed Degree Of Wave Will Change.... So The Wolf Will Become Triangle Or Wedge...