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Arjun20
Yellow Belt
Joined: 23 Jun 2011
Posts: 945
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Post: #46  Posted: Tue Nov 08, 2011 8:05 pm Post subject: Re: Bearish Gartley Chart Pattern |
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| bolband_macd wrote: | Friends,
Noticed bearish Chart Pattern in today's NF 15tf. Will there be a fall in nifty? Lets watch tomorrow.
Experts comments on this chart are most welcome so as to fine tune the chart pattern.
Trade safe.
BM |
Hi BM,
Your are also aware of WW. In WW as you know we are on lookout for waves.
I have ZERO knowledge about Gartleys. But i think while identifying Wolfe waves we can identify gartleys/butterfly etc.
I know both patterns are different. But both deal with waves. Can study of gartleys improve overall performance? Have u tried/thought over it?
Seeing your NF-15TF chart ignited this thought.
rgds
Arjun
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bolband_macd
White Belt
Joined: 06 Sep 2011
Posts: 104
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| Post: #47 Posted: Wed Nov 09, 2011 8:23 am Post subject: Re: Bearish Gartley Chart Pattern |
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| Arjun20 wrote: | | bolband_macd wrote: | Friends,
Noticed bearish Chart Pattern in today's NF 15tf. Will there be a fall in nifty? Lets watch tomorrow.
Experts comments on this chart are most welcome so as to fine tune the chart pattern.
Trade safe.
BM |
Hi BM,
Your are also aware of WW. In WW as you know we are on lookout for waves.
I have ZERO knowledge about Gartleys. But i think while identifying Wolfe waves we can identify gartleys/butterfly etc.
I know both patterns are different. But both deal with waves. Can study of gartleys improve overall performance? Have u tried/thought over it?
Seeing your NF-15TF chart ignited this thought.
rgds
Arjun |
Hi Arjun,
Thanks for your comment on this post. Gartley, Butterfly and Wolfwave patters are very much different technically as you may know. One has to take care and follow the rules set by particular pattern for trading. Most times, it depends on your trading timeframe too. Please do not mix these strategies for improved performance. However, you may add an essence of momentum oscillators, Candlestick patterns to make sure that your trade goes in the direction you want. Hope you got my point.
Trade safe,
BM
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bolband_macd
White Belt
Joined: 06 Sep 2011
Posts: 104
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| Post: #48 Posted: Wed Nov 09, 2011 3:02 pm Post subject: Re: Bearish Gartley Chart Pattern |
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| bolband_macd wrote: | | Arjun20 wrote: | | bolband_macd wrote: | Friends,
Noticed bearish Chart Pattern in today's NF 15tf. Will there be a fall in nifty? Lets watch tomorrow.
Experts comments on this chart are most welcome so as to fine tune the chart pattern.
Trade safe.
BM |
Hi BM,
Your are also aware of WW. In WW as you know we are on lookout for waves.
I have ZERO knowledge about Gartleys. But i think while identifying Wolfe waves we can identify gartleys/butterfly etc.
I know both patterns are different. But both deal with waves. Can study of gartleys improve overall performance? Have u tried/thought over it?
Seeing your NF-15TF chart ignited this thought.
rgds
Arjun |
Hi Arjun,
Thanks for your comment on this post. Gartley, Butterfly and Wolfwave patters are very much different technically as you may know. One has to take care and follow the rules set by particular pattern for trading. Most times, it depends on your trading timeframe too. Please do not mix these strategies for improved performance. However, you may add an essence of momentum oscillators, Candlestick patterns to make sure that your trade goes in the direction you want. Hope you got my point.
Trade safe,
BM |
Zhakkas fireworks friends! Patakhe, mithaaiyaa..
Trade safe,
BM
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shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
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| Post: #49 Posted: Wed Nov 09, 2011 7:30 pm Post subject: |
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Arjun 20,
Seen your PM.
WW and Gartley are two different patterns and you can't mix them.
I had started a thread on Gartley under strategies you can get to it through the link [url] http://www.icharts.in/forum/trading-gartleys-t3131,highlight,gartley.html
Since it required lots of calculation and time I could not follow it up for long. But I know ppl who follow them on Intraday basis as well 
SHEKHAR
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Arjun20
Yellow Belt
Joined: 23 Jun 2011
Posts: 945
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| Post: #50 Posted: Wed Nov 09, 2011 7:40 pm Post subject: |
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| shekharinvest wrote: | Arjun 20,
WW and Gartley are two different patterns and you can't mix them.
SHEKHAR |
Thanks a lot sir.
Even if i decide to mix them,i can't coz i don't have sufficent knowledge of gartleys 
I am not saying that BOTH ie gartley group and WW should give same direction trend. Pls don't assume that i'm taking gartley as anticipation of WW ( or otherway round)
But i will go through that link. It was a just a vague thought,not serious one.
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ragarwal
Yellow Belt
Joined: 16 Nov 2008
Posts: 582
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| Post: #51 Posted: Wed Nov 09, 2011 8:43 pm Post subject: |
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hi all copper looking to break 3.450 on comex and move lower as indicated by shekhar sir.plz refer to d earlier posts on copper in this thread only strting frm 8th oct.
regds and all d best
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ronypan
White Belt
Joined: 07 Aug 2010
Posts: 197
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| Post: #52 Posted: Wed Nov 09, 2011 10:57 pm Post subject: |
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DEAR SHEKHAR,
RELIANCE EOD... IS IT VALID BUTTERFLY?
IF IT IS THEN WHAT CAN BE TARGET AND IS IT RIGHT TIME TO SHORT IT?
PLZ PUT SOME LIGHT ON IT.
REGARDS,
RONY
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amitkbaid1008
Yellow Belt
Joined: 04 Mar 2009
Posts: 540
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| Post: #53 Posted: Wed Nov 09, 2011 11:07 pm Post subject: |
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| ronypan wrote: | DEAR SHEKHAR,
RELIANCE EOD... IS IT VALID BUTTERFLY?
IF IT IS THEN WHAT CAN BE TARGET AND IS IT RIGHT TIME TO SHORT IT?
PLZ PUT SOME LIGHT ON IT.
REGARDS,
RONY |
As far as I know pattern point "D" is not perfect. It should have touched the 941-1043 range.
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ronypan
White Belt
Joined: 07 Aug 2010
Posts: 197
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| Post: #54 Posted: Wed Nov 09, 2011 11:12 pm Post subject: |
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| amitkbaid1008 wrote: | | ronypan wrote: | DEAR SHEKHAR,
RELIANCE EOD... IS IT VALID BUTTERFLY?
IF IT IS THEN WHAT CAN BE TARGET AND IS IT RIGHT TIME TO SHORT IT?
PLZ PUT SOME LIGHT ON IT.
REGARDS,
RONY |
As far as I know pattern point "D" is not perfect. It should have touched the 941-1043 range. |
FOR THE D WHAT SHOULD BE RETRACEMENT FROM X TO A?
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ronypan
White Belt
Joined: 07 Aug 2010
Posts: 197
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| Post: #55 Posted: Wed Nov 09, 2011 11:38 pm Post subject: |
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Bearish Gartley
Experts plz comment..
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Arjun20
Yellow Belt
Joined: 23 Jun 2011
Posts: 945
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| Post: #56 Posted: Thu Nov 10, 2011 9:34 am Post subject: |
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| ronypan wrote: | Bearish Gartley
Experts plz comment.. |
Dear Rony,
Y'day Shekhar sir gave link for gartley. We can continue there.
Shekhar sir :
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shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
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| Post: #57 Posted: Sat Nov 12, 2011 4:16 pm Post subject: |
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| ronypan wrote: | Bearish Gartley
Experts plz comment.. |
I have posted a chart on the relevant thread.
SHEKHAR
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ragarwal
Yellow Belt
Joined: 16 Nov 2008
Posts: 582
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| Post: #58 Posted: Sat Nov 12, 2011 4:23 pm Post subject: |
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dear shekhar sir,plz tell me what is the near term course for copper.
regds
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shekharinvest
Yellow Belt
Joined: 21 Dec 2007
Posts: 549
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| Post: #59 Posted: Sun Nov 13, 2011 3:33 pm Post subject: |
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| ragarwal wrote: | dear shekhar sir,plz tell me what is the near term course for copper.
regds |
Only if I knew it
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ravionlinek
White Belt
Joined: 11 Jun 2010
Posts: 97
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| Post: #60 Posted: Tue Nov 15, 2011 8:22 pm Post subject: Re: reading chart |
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| ravionlinek wrote: | Is i m reading chart correctly???
ur view ichartians |
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