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RUNNING WITH THE WOLVES |
rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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Post: #496  Posted: Wed Sep 21, 2011 11:59 am Post subject: |
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Nifty 1 m chart Bearish ww I am not trading it just posting
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adsingh101
White Belt
Joined: 09 Nov 2010
Posts: 242
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| Post: #497 Posted: Wed Sep 21, 2011 12:13 pm Post subject: |
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| RK according to my little knowledge your chart is wrong. For bearich ww point 1 has to be on the upper line.
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #498 Posted: Wed Sep 21, 2011 12:17 pm Post subject: |
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5142 target reached 5143. It worked , one should be fast enough
short at 5162 profit 15-20 points and stop loss at 5165
wow! risk reward of more than 1: 4 and that too with a great sucess rate.
any thing more we want! 
RK
Last edited by rk_a2003 on Wed Sep 21, 2011 12:52 pm; edited 2 times in total |
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rk_a2003
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Joined: 21 Jan 2010
Posts: 2734
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| Post: #499 Posted: Wed Sep 21, 2011 12:20 pm Post subject: |
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Yes! you are right . What I say is on intraday 1 m or 2 m you can not see a perfect ww you may see a part of it but it still works well. See, already target reached . My advise is don't take up real trade you take them as paper trades once u are convinced go for kill. Don't ignore them. 
| adsingh101 wrote: | | RK according to my little knowledge your chart is wrong. For bearich ww point 1 has to be on the upper line. |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #500 Posted: Wed Sep 21, 2011 12:31 pm Post subject: |
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Iam posting another chart .This is how I viewed it .
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Ravi_S
Yellow Belt
Joined: 15 Jun 2009
Posts: 569
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| Post: #501 Posted: Wed Sep 21, 2011 1:35 pm Post subject: |
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rk
Somehow I feel that the charts you are posting does not fall under WW category although targets might be hit. I feel WW works best when pts 1,2,3,4 are in a channel (Preferably, rising or falling wedge) and point 5 may be out of the channel.
I'm not an expert but still this is my feeling. May be the experts may comment.
Regards
Ravi
| rk_a2003 wrote: | | Nifty 1 m chart Bearish ww I am not trading it just posting |
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #502 Posted: Wed Sep 21, 2011 1:58 pm Post subject: |
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Ravi!
Thanks for the comment . I do accept with you .It does not fall in to perfect WW .Intraday 1minute 2 minute may not form picture perfect WW, They may form a part of it or some what distorted form.
This is not my original theory.I read it in the literature and trying to apply it. This is how I am applying ,if you go through this thread you may see some of my Intraday charts which may not fit in to perfect WW all of them are sucessfull .I found some more for which I could not post the charts.
But honestly , let may say i found more than a dozen patterns all of them met Targets.some of them I traded and some I did not.
This many times it can not be a chance , Believe me, I have not yet tasted a failure.Neither I am not cooking them up ,You can see they are real time posts.
Whether We call it as ww or some thing else, I don't mind I am viewing it like that as per my reading knowledge.
Why should we bother as long as targets met. As a chinese proverb say's We need not mind the color of a cat as long as it catches mice.
Just I wanted to share this method with WW followers ., My intention is nothing more or nothing less.
Thanks & Regards
RK
| Ravi_S wrote: | rk
Somehow I feel that the charts you are posting does not fall under WW category although targets might be hit. I feel WW works best when pts 1,2,3,4 are in a channel (Preferably, rising or falling wedge) and point 5 may be out of the channel.
I'm not an expert but still this is my feeling. May be the experts may comment.
Regards
Ravi
| rk_a2003 wrote: | | Nifty 1 m chart Bearish ww I am not trading it just posting |
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Ravi_S
Yellow Belt
Joined: 15 Jun 2009
Posts: 569
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| Post: #503 Posted: Wed Sep 21, 2011 2:25 pm Post subject: |
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RK
Until u make money no one is going to stop you... Go ahead and all the best ...
Regards
Ravi
| rk_a2003 wrote: | Ravi!
Thanks for the comment . I do accept with you .It does not fall in to perfect WW .Intraday 1minute 2 minute may not form picture perfect WW, They may form a part of it or some what distorted form.
This is not my original theory.I read it in the literature and trying to apply it. This is how I am applying ,if you go through this thread you may see some of my Intraday charts which may not fit in to perfect WW all of them are sucessfull .I found some more for which I could not post the charts.
But honestly , let may say i found more than a dozen patterns all of them met Targets.some of them I traded and some I did not.
This many times it can not be a chance , Believe me, I have not yet tasted a failure.Neither I am not cooking them up ,You can see they are real time posts.
Whether We call it as ww or some thing else, I don't mind I am viewing it like that as per my reading knowledge.
Why should we bother as long as targets met. As a chinese proverb say's We need not mind the color of a cat as long as it catches mice.
Just I wanted to share this method with WW followers ., My intention is nothing more or nothing less.
Thanks & Regards
RK
| Ravi_S wrote: | rk
Somehow I feel that the charts you are posting does not fall under WW category although targets might be hit. I feel WW works best when pts 1,2,3,4 are in a channel (Preferably, rising or falling wedge) and point 5 may be out of the channel.
I'm not an expert but still this is my feeling. May be the experts may comment.
Regards
Ravi
| rk_a2003 wrote: | | Nifty 1 m chart Bearish ww I am not trading it just posting |
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Ravi_S
Yellow Belt
Joined: 15 Jun 2009
Posts: 569
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| Post: #504 Posted: Wed Sep 21, 2011 2:34 pm Post subject: |
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RK
look at this for a Wolfe Wave in 1min TF...
Regards
Ravi
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #505 Posted: Wed Sep 21, 2011 3:04 pm Post subject: |
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Ravi!
There is no overshoot at point 5.It should be there for a perfect WW .
I am Kidding it's a good ww.
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Ravi_S
Yellow Belt
Joined: 15 Jun 2009
Posts: 569
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| Post: #506 Posted: Wed Sep 21, 2011 3:21 pm Post subject: |
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Maybe that's why it failed it seems...
| rk_a2003 wrote: | Ravi!
There is no overshoot at point 5.It should be there for a perfect WW .
I am Kidding it's a good ww. |
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Ravi_S
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #508 Posted: Wed Sep 21, 2011 3:28 pm Post subject: |
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No Ravi!
I don't consider it as failed ww atleast it reachedhalf the target.Weshould have booked partial profit here and tsl to cost to cost for the rest.
Therefore it's not a failed trade it's a half winning trade.
The beuty of WW is i'ts risk reward and winning % .The one who catch it at point 5 is not going to broke
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rk_a2003
Black Belt
Joined: 21 Jan 2010
Posts: 2734
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| Post: #509 Posted: Wed Sep 21, 2011 3:34 pm Post subject: |
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Another one after that,on tick by tick chart
( Iam doubtfull whether you approve it or not )
RK
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vinst
Black Belt
Joined: 09 Jan 2007
Posts: 3303
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| Post: #510 Posted: Wed Sep 21, 2011 3:35 pm Post subject: |
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Probable WW-in-the-making on NF. Tgt possibly around 4800.
used 60min data for this.
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