So how would you define the entry/exit points on an M or W ??
timepass Moderator Oct 9, 2011 #11 Oct 9, 2011 #11 So how would you define the entry/exit points on an M or W ??
columbus Well-Known Member Oct 9, 2011 #12 Oct 9, 2011 #12 Debarghya Mukherjee said: @columbus "What you see on the screen is Real ,what you think is virtual.Stick to Real" Once Virtual goes in hand in hand with real we make money. Click to expand... Hi Debarghya Mukherjee, Put in another way, control your Greed & Fear.
Debarghya Mukherjee said: @columbus "What you see on the screen is Real ,what you think is virtual.Stick to Real" Once Virtual goes in hand in hand with real we make money. Click to expand... Hi Debarghya Mukherjee, Put in another way, control your Greed & Fear.
jallanankit Well-Known Member Oct 9, 2011 #13 Oct 9, 2011 #13 timepass said: So how would you define the entry/exit points on an M or W ?? Click to expand... For safe and novice traders.. Enter as and when the 4th leg of M or W reaches the level (vertex) the turning point of 2nd and 3rd leg.. (of the 7MA) For advance traders.. draw a trend line using the high point from the 1st leg of W formation, connecting the vertx area and then moving ahead..!!
timepass said: So how would you define the entry/exit points on an M or W ?? Click to expand... For safe and novice traders.. Enter as and when the 4th leg of M or W reaches the level (vertex) the turning point of 2nd and 3rd leg.. (of the 7MA) For advance traders.. draw a trend line using the high point from the 1st leg of W formation, connecting the vertx area and then moving ahead..!!
jallanankit Well-Known Member Oct 25, 2011 #14 Oct 25, 2011 #14 W formation completed in 5 min chart.. expecting some good up move.. cant say more.. expiry day.. charts may b messed.. lets c wat happens..!!
W formation completed in 5 min chart.. expecting some good up move.. cant say more.. expiry day.. charts may b messed.. lets c wat happens..!!
jallanankit Well-Known Member Oct 25, 2011 #15 Oct 25, 2011 #15 The power of alphabets.. W gave a BUY when NF was at 5110.. NOw NF is 5147...!!
jallanankit Well-Known Member Oct 26, 2011 #16 Oct 26, 2011 #16 Happy Diwali to all..!! may god bless u and ur family and all ur wishes come true.>!!
S sreenath77 New Member Oct 28, 2011 #17 Oct 28, 2011 #17 W and M with EMA look good. But, Zig Zag indicator may make it further clear.
jallanankit Well-Known Member Oct 28, 2011 #18 Oct 28, 2011 #18 sreenath77 said: W and M with EMA look good. But, Zig Zag indicator may make it further clear. Click to expand... PLs throw more light on ur zigzag indicator...
sreenath77 said: W and M with EMA look good. But, Zig Zag indicator may make it further clear. Click to expand... PLs throw more light on ur zigzag indicator...
C coolmaan1 New Member Oct 28, 2011 #19 Oct 28, 2011 #19 jallanankit said: PLs throw more light on ur zigzag indicator... Click to expand... Light cannot be thrown. it is not object
jallanankit said: PLs throw more light on ur zigzag indicator... Click to expand... Light cannot be thrown. it is not object
S sreenath77 New Member Oct 29, 2011 #20 Oct 29, 2011 #20 Please find screenshot of Zigzag indicator with EMAs attached. Attachments WM.jpg 98.5 KB Views: 106