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 ...
27 comments:
I am also facing similar Problems.... like Prakash.
@SAM & Prakash,
Will open in Google Chrome Properly or in Firefox(updated)!
@Julius sir,
Document is allowing to read after the error. But if we like to read offline, its not allowing to down load.
Julius I am opening in Firefox...
But still getting problems...
http://prntscr.com/1bzbsc
Pls see this this is the error I am receiving.
great work julius,
earlier i worked(backtested) with cam and the h3/h4 and l3/l4 whipsaws gave bad results. i left it there. but u have changed the rules a bit for better . i am not able to save it in google chrome too.
@SAM,
Click on close (X) on top right corner, you can read the doc. Download is not allowed.
Thanks JRJ for sharing valuable insights on Camrilla!! God Bless!!
@ Julius Sir,
I took H3 as 5635.50 and went short.Do you think I'm bit early ?
@Ananda,
I am not downloading.. this is what happening when I put link in new TAB... and when I click on close (X) then again this comes up continuously...
Don't know why.
Ok... now that POPUP stopped coming.. now able to read the DOC.
Thanks Julius and Ananda
I am long from 5575. can anyone help me, should I Hold or Book profit.
@ Ilango sir,
Would there be a bounce after 12:25 PM? How do you see nifty moving ? Trend says down. But could not move below the parallar line drawn in posted chart.
@ Sanjay,
How do you see OI data today. Still more shorts are being added in this month ?
Longs are not adviced at all Brajesh. JNSAR is in sell mode both in daily & hourly. Let the market show a change of trend atleast by closing above last day high EOD.
Namasthe ilango sir and friends,
Today’s quote received :
A door is knocked Twice.
Insider ask: Who’s there?
Outsider : OPPORTUNITY
Insider : Wrong
Outsider : How did you know?
Insider : Opportunity Never Knocks Twice.
Dear Ilango Sir & Blogmates,
OI Table Update at 11:00AM, Pivot-5615, S1-5562, R1-5661, ATP-5615, VWAP-5615
The 5700CE and 5600PE writers are strong, range bound moves within the perimeter possible…
Thanks & Regards
Got you, thanks for ur reply Sandy Bhai...
Brajeshji however till the trend changes all bounces are selling opportunities & these bounces will come from time to time once the Osc's are extremely oversold and showing divergences and vice versa for long trends.
Ilango said...
@ shriram,
Let us consider it as "a" wave -5566 to 5666.
In such a scenario, the "b" would be highly frustrating.
We must keep in mind the "Bearish Evening star pattern" in month and trade the longs during oversold conditions, preferably, intraday only.
June 25, 2013 at 3:22 PM
Ilango ji,
Five wave done from 5635?
Tia,
Renju.s
GM sir nd friends
good one gauresh ji - opportunity never knocks twice :) all should think think think...
GM : Sir any guide line to identify b is done..or just rely on FIB retrace
??
--> back
Master:
yes , and how those words have come true :-)
Ilango sir,
In yesterdays 5 min chart, can the low towards the end of day can be taken as start of W-1, and todays high be end of W-1 and the low of today as W-2.
grinding around pivot. Sis wts cooking?
Grrrr.... Nifty not coming in Camarilla range... c'mmon Nifty. .
New Post Done.
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