KISS like McGrath

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winstonn

Well-Known Member
#11
Hi ajax,

i am confused? i got chart for corp bk from icharts.in and it is different from your chart. how is this possible?

and if icharts.in chart is correct, then it is not a wolfewave.

kindly look into the matter.

Regards,
Winston
 
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Ajax

Well-Known Member
#12
Hi winstonn

Mine is an hourly chart (That should not matter).
Data feed is from BSE.

NSE datafeeds are sometimes inaccurate (due to circular
trading, other issues)

Just look @ my chart and comment

Ajax
 
#13
Hi! Ajax,

The Corporation Bank chart that you have uploaded has the dates "11/11/01 - 04/05/02"

Just bringing this to your notice in case you have missed out on something.

Regards,
Amit
 

Ajax

Well-Known Member
#14
Dear Amit

This is an hourly chart, My software has problem with time numbering
in hourly mode. Ignore that. See uptodate chart till 07.05.07 below

BTW the short on Corp Bank is working fine

Ajax
 
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Ajax

Well-Known Member
#17
Hi all

AARVEEDENIM shows interesting patterns?

Depends upon what ur target is.

1. Extreme short term shows Wolfe wave (blue lines) :
trade it> will give you peanuts .... target 115 (profit of Rs.19 /share)

2.Slightly long term shows GARTLEY(turcoise lines) , enclosing present wolfe wave
trade it > u get kishmish ...... target 139 (profit of Rs.47/share)

3.Take a more long term view ( red letters):, Gartley is handle of
CUP & HANDLE
trade it > u double ur money (almonds) target 196 ( profit of Rs.103/share)

Simple chart pattern within patterns.
Regards

Ajax
 
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RSI

Well-Known Member
#20
Hi all

1 min chart NIFTY fUTURE

Wolfe wave formation

Ajax
HI Ajax,
Just two doubts.
1. Why didn't you count low of the first candle in your chart as point no. 1? Should not point no. 1 be the lowest point of the swing where point no. 2 was formed?

2. If the first candle in the chart is counted as point no. 1, is there a valid wolfe wave?
Regards
R. S. Iyer
 
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