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 ...
23 comments:
cooldent
suppose a script closes below hema in 5d-5minute then what will be the sl and if closes above lema then what is the sl in daily tf.
in simple words how to initiate trade based on ema rules taking early positions.
good morning master,
can't understand so many confusions sir, 6134-292, pivot table, weekly reversed, st bottom in a day or two. It means is it time to buy??
@ ilango sir,
good morning
sir ,
6132 to 5884 looks like 5waves
so, we should think 2/ii may be complete if it goes to 80%=5950 in TT
with thanks
@ ilango sir ,
my massage not shown yesterday
today same condition
is it going to spam?
plz check
with thanks
If you're an intraday trader, follow the "Trading range" given.
If you're a positional trader, part book @ supports and "re-sell", if needed & manage it based on day's close.
If you are JNSAR trader, follow the number besides part booking.
Frustrating time for bears as well if unable to keep it below 5900.
@ marketrider ,
From 6134, 5 may have been done.
Conf. if retraces more than 80% of last fall from 5966-5884 @ 5950.
Yes Bank Hour Chart
http://prntscr.com/18ch1y
thanks master. got it.
@ ilango sir,
where red iii possiblity negated @ 5937?
then we are in green 3rd after crossing 5950 (80%) and above 21Hrsma (5962) above trendline @ 5935.
am i at the right track?
sorry, if my question harash you.
with thanks
@sjkolkata, i think bears have enjoyed and part,full booking profits.
Time to exit very soon...
5-D under 10 (very low, now)...35-D ll mostly probably trigger UP, when price crosses 5925.
Hence, setting final stoploss for full position at 5925.
It was a nice JNSAR trade, got 140 points.
Many thanks to Ilango for inventing JNSAR, 5-D and 35-D
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Yogi's Pre-Market
JNSAR Trend : DOWN (I plot Daily JNSAR graph for underlying trend)
Entry : Done
Exit : When daily 5-D is below 20 (done) and hourly 35-D triggers up(waiting for sign of reversal).
Stoploss : 5980
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Regards
Yogi
GM Master & JN Family,
Staying >Dev.WkLo, Bulls & stable OTM OI, may attempt a run towards Dev.DlOEMA/34Ema,30m
Bulls need a EOD close > DloEMA @ min... thought a lot on co-relating WWs & EW (based on ysday's price action).
There are a range of possibilities here !
will post on the Googlegroups , pl take a look
rgds
gm master dr ji julius sir n all
Camarilla Update - Nifty Spot
Reached partbooking Number@5920
Support taken at S1@5893 - 10am candle.
time frame 5mins/30mins candle
Shriram...
link pls
Thax Julius
Respected Ilango Sir,
Please update TT@ 11.00AM.
Regards
Arvind
Camarilla Update - Nifty Spot
Breakeven Hit for Remaining Position.
Will Join As soon As possible. Bye For Now.
Sir ILango ji in the above hour chart Nifty Hour & 35 Hr D , sir kindly update its importance thnx
New Post Done.
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