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RUNNING WITH THE WOLVES |
ragarwal Yellow Belt
Joined: 16 Nov 2008 Posts: 582
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Post: #691 Posted: Fri Sep 30, 2011 9:23 pm Post subject: |
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dear arjun,after reversa wat cn b the possible targets,
regds rashmi
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Arjun20 Yellow Belt
Joined: 23 Jun 2011 Posts: 945
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Post: #692 Posted: Fri Sep 30, 2011 9:49 pm Post subject: |
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ragarwal wrote: | dear arjun,after reversa wat cn b the possible targets,
regds rashmi |
Rashmi Madam,
After target is achieved, trader should exit from his position/ or book partial profits and carry over position as per his risk apetite. Differs from individual trader to trader.
I assume your query is wrt WW and answer is :
After hitting our target, it is giving a bounce. At this moment i'm not able to identify any new pattern by WW theory.We don't know, whether it's a mere bounce or trend reversal.It has a good support at bottom. But why should we take reversal for granted,unless chart do not reflect it ?
As per WW , i will take entry when again i see set up....and that set up will decide whether i will be bullish or bearish for that trade.
rgds
Arjun
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ragarwal Yellow Belt
Joined: 16 Nov 2008 Posts: 582
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Post: #693 Posted: Fri Sep 30, 2011 9:56 pm Post subject: |
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thnx arjun fr the prompt reply,but the fact is i did not quite understand this theory,guess for this ill hv to go bck to the beginning of this thread.infact i hv been reading ur posts since the last 2 days and trying to figure out wat it all means.
thnx once more,rashmi
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Arjun20 Yellow Belt
Joined: 23 Jun 2011 Posts: 945
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Post: #694 Posted: Fri Sep 30, 2011 10:04 pm Post subject: |
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ragarwal wrote: | thnx arjun fr the prompt reply,but the fact is i did not quite understand this theory,guess for this ill hv to go bck to the beginning of this thread.infact i hv been reading ur posts since the last 2 days and trying to figure out wat it all means.
thnx once more,rashmi |
Sorry, I will have to log off. Will give reply tomorrow.
rgds
Arjun
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tuks87 White Belt
Joined: 02 Sep 2011 Posts: 13
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Arjun20 Yellow Belt
Joined: 23 Jun 2011 Posts: 945
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Post: #696 Posted: Sat Oct 01, 2011 10:17 am Post subject: Re: Silver EOD chart |
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tuks87 wrote: | hi,
Seniors pls comment is this a valid wolf wave.
Thanks in advance [/img] |
Hi Tuks, i'm NOT senior. Just a fellow who started tracking WW 13days ago.
But what i can clearly say that it is not a valid WW. It seems to be manipulated so as to be called a WW. PLs go thru forum and u will find answers. Instead of me telling u the reasons, it will be more helpful if u try to find out basics of WW.
Once u r thru with the basics, seniors are always there to solve ur further queries. I'm also being helped by seniors.
rgds
Arjun
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Arjun20 Yellow Belt
Joined: 23 Jun 2011 Posts: 945
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Post: #697 Posted: Sat Oct 01, 2011 10:21 am Post subject: |
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Hello Rashmi Madam,
After our discussion on friday night wrt copper chart, have a look at emerged WW ( on 1minTF).
Y'day it just failed to hit target. But look, today right at the market opening it hit Line 1-4.
rgds
Arjun
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tuks87 White Belt
Joined: 02 Sep 2011 Posts: 13
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Post: #698 Posted: Sat Oct 01, 2011 10:39 am Post subject: Re: Silver EOD chart |
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tuks87 wrote: | hi,
Seniors pls comment is this a valid wolf wave.
Thanks in advance [/img] |
hi arjun.the chart is manipulated as in?
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tuks87 White Belt
Joined: 02 Sep 2011 Posts: 13
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Post: #699 Posted: Sat Oct 01, 2011 1:07 pm Post subject: SBI -EOD Chart |
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hi guys,
Is this a WW.pls comment.
SBI can touch 1890 and bounce to 2050-2100.or it can give false breakdown.
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rk_a2003 Black Belt
Joined: 21 Jan 2010 Posts: 2734
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Post: #700 Posted: Sat Oct 01, 2011 7:02 pm Post subject: Re: SBI -EOD Chart |
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Tuks!
It is not a WW .Please go through this thread starting from page 1. Spare some time. understand the basics and study the charts posted especially by Shekhar&JJM.and then try to draw WW patterns.
Point 1 in the chart should be always a distinct one. you can not pick it up from in between.
All the Best.
tuks87 wrote: | hi guys,
Is this a WW.pls comment.
SBI can touch 1890 and bounce to 2050-2100.or it can give false breakdown. |
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Ravi_S Yellow Belt
Joined: 15 Jun 2009 Posts: 569
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Post: #701 Posted: Sat Oct 01, 2011 7:55 pm Post subject: |
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Not sure if I posted this before... NF, 60 mins Bearish WW
Regards
Ravi
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ragarwal Yellow Belt
Joined: 16 Nov 2008 Posts: 582
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Post: #702 Posted: Sat Oct 01, 2011 8:03 pm Post subject: |
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thnx arjun,fr d reply,cn u help me how to understand the wolf waves
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Ravi_S Yellow Belt
Joined: 15 Jun 2009 Posts: 569
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Post: #703 Posted: Sat Oct 01, 2011 8:04 pm Post subject: |
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Interesting one... look at the last WW, it exactly achieved the target, lets hope this one also achieves the target...
Regards
Ravi
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vinay28 Black Belt
Joined: 24 Dec 2010 Posts: 11748
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Post: #704 Posted: Sat Oct 01, 2011 11:00 pm Post subject: |
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And what exactly is the target Ravi? 4840?
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Ravi_S Yellow Belt
Joined: 15 Jun 2009 Posts: 569
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Post: #705 Posted: Sat Oct 01, 2011 11:49 pm Post subject: |
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In WW I cannot predict the exact targets... It all depends on the time factor as well... the later it touches the trendline the greater the profit... Expect anything between 4850-4890
vinay28 wrote: | And what exactly is the target Ravi? 4840? |
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