Elliot's Impulse waves.(Part-5)
IMPULSE WAVES :- The Basics Waves that move the market in the direction of its main trend either up or down are called Impulse waves. 1....
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5010-5039 supply zone proved a ST resistance. 5002 proved a break down point. 4945 to 4982 proved a corrective rise, monitored with an ... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor... -
If the steady FIIs inflow reflects in the prices, 5405 should be protected going ahead and market may encounter minor corrections and keep m...
54 comments:
@shriram,
i studied maths till +2 and in college. but cant recollect any of +2 ie calculus etc. ur trading system involves slightly complicated maths. can u
provide some study material/ or may be post some
simplified mathematics lessons on ur blog so many
including me can atleast understand what u r saying.
Nifty 10AM close/EMAs chart - CLICK HERE
Bears can avail free Emergency service
http://1.bp.blogspot.com/_iufQBHky5Iw/TFkb4kKvmiI/AAAAAAAAB1o/eoog3jwJVbI/s1600/Patience.png
Illango ji,
Foolish Q time again:
Wot is the MATHEMATICAL DIFFERENCE between JNSAR & J.10SAR ??
Going thru the TT , i figure J10.SAR = 10EMA
But wot is the formula for JNSAR ??
Sorry to bug u :-)
Sriram,
This is the formula
Hema = High*0.33333+Prev Hema*(1-0.3333))
PS,
I'm waiting too. Some of the math looked hard to do.;)
@Dinesh Rishi: No need to go for 174 K.M. JNSAR will come to lift bears... Lolzzzzz
Prabhakar
egg-ree
So will wait here "Reversion to the mean"
Till than will listen this song.
stunning voice of Mohammar Rafi and beautifull face expressions of Rajesh Khanna
http://www.youtube.com/watch?v=2I1cs6m8hcc
Morning piyush,
Its been 10 yrs since I passed out of college myself!
Gimme some time,
will open all the old books this weekend & work out a proper mathematical model.
Btw, have loaded a different flavour of Illango ji's algo (based on personal obsv on EOD charts & discussions with GD ysday on HrHi-lo EMAs)
Pls check the algo on my Blog & let me know wot u think. Its rough-cut for now :-)
rgds
SMO
hi yoda,
but we wud need to learn the concepts beforehand.
else how can we understand the system. he has most probably disclosed everything if one understande one can straightaway backtest it. but
i dont understand it. so understang it is imp. knowing results is less imp in my opinion.
shriram
jnsar is ilango sir's proprietory formula which is close to j 10 sar or 10 ema.
@shriram,
please take ur own time and do it at ur convenience only
i checked out but i have never used roc as indicator which gives rate of change directly.
dx/dy i cant remember. so i am an incompetent person to judge ur work :-)
True, ps. I hope it can be worked with - its been awhile since anyone tried to tweak a formula.
@DR Sir:Watched Sir.. Nice song... If you have time, watch this also..
http://www.youtube.com/watch?v=SJrpcjb7pzY
If it would have been possible to apply signal analysis on Stock Market wave structure, i think it would have been done long ago, let alone calculus.
HHEma-HLEma trade ( long ) - no change from 4865.
Current HLEma - 5016 ( developing ).
Cheating
BN 2%+
Nifty .50
@ Sriram ,are u computer engineer or electronics?
If bored, please try the "Nifty guess close for today" poll
- CLICK HERE
@ AU, none of the two..old fashioned Electrical Engg hoon.. :-)
Album Moksha ...Krishna Bajan
http://www.raaga.com/channels/hindi/album/H001226.html
Thx DR sir for your earlier reply. Checked just now.
Seems old days are back, BN alone pulling nifty up ..
Seems old days are back, BN alone pulling nifty up ..
@ DR....Puraani Yaadein ..Nice:)
www.mudraa.com/trading/62635/0/sar-trading-strategy.html
Prabhakar
if you want to post link
click on
Full-size image
it will increase image size and will reduce the link size
@ilango sir,
5020 was 1.62*w1. Now we are past that. We could
go till 2.62*w1 also now if this turns out to be
an impulse. But do we still have a chance of this
being c=1.62*a ? Or the 30pt diff now means that
case doesnt hold anymore.
@Sriram thx 4reply i was thinking in lines of applying DSP on EOD charts? may be some information can be uncovered in that way who knows! :)
@DR Sir : Thank you
Just for fun..
http://i.dailymail.co.uk/i/pix/2011/06/29/article-2009603-0CC9AF4A00000578-222_634x545.jpg
http://www.greatfunnyphotos.com/images/photos/hairstyles-funny-cats-part-2-04.jpg
GD bhai: ur poll link aint working.
"Sorry, the page you were looking for in the blog Just Nifty does not exist"
If bored, please try the "Nifty guess close for today" poll
CLICK HERE
Thx @ramcharan.
Prabhakar
Lolzzz
That's called sling shot
@ GD,
Once "4986" was cleared (80% retrace for 5099 to 4532), we have replaced it with the next one - 5382 to 4532. 61.8% of it comes at 5057 and Nifty could pause from here.
SELLERS IN ACTION ... NOW ..
@ GD,
There are no rules that how far "c" or any wave can travel.
We apply fibo projections and if they meet with any clusters, it may work.
Once 4910-40 cluster resistance was cleared, next logical resistance is "5168" in the chart followed by 200sma.
"5382" was the high recorded in Hour while the day data shows 5400. If one takes the 5400 to 4532 retrace, 61.82% comes at 5069.
@ AU: U kno wot i was thinking can we look @ the stockprice chart as a SIGNAL !!
But answr is: Signals Digi or Analog have defined FREQUENCY or can be DEFINED by HARMONICS.
Wot can we do here ??? Cycle times for waves of Diffrent Degrees is VASTLY DIFFERENT!
@ this pt in time, I dunno, the answer to this Q :-)
Research On @ sriram
Jassi the big fall hero missing
5070 is 61% retracement and short term resistance line is also passing through it.
lets see ...
jassi is drinking lassi cool.
gud morning sir and blog masters
@ilango sir - Thanks.
I am out for rest of day. Will update HH-HL trade
after 4.
GM Everybody..
Please........
Do not post your blog's URL here.
Share your observations, if you interested, but not your calls.
buggie advani
शांत गदाधारी à¤ीम शांत
Ilango Sir,
Apologies. Sometimes the observations require charts to justify which cant be shared in the comments section.
nifty shouting like vadivelu ;nalla pathukunga
nanum bullish nanum bullish.
Dear PT,
Now?.. Not yet…still some more time is there..
fall postponed for tomorrow
New Post Done.
My 2 cents...HHEma/HLEma at 12 is 5039/5024. But this
trade has been going from 4875. So in good gains.
A true reversal will get some confirmation
below DHEma ( 4991 ). So if anyone playing HH-HL trade
still can as well wait for 4991.
Nifty Looks dull to me , as said that we are expecting 4900 spot First
Than it will decide where it wants to go, 5100.00 is a psychological SL for many retails, so there can be an attempt to touch that
Its looks like a distribution , however today 2ND half strong for bulls , but next week start can bring smile on bears face
I have significant lower targets , post this series ..
ALL the best
Jassi98
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