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 ... -
I 'll always be there for you. To make you feel that you're secured. And even if the rain is pouring hard and the sky is almost dark... -
Trading strategy that works wonders besides the supports & Resistance is " Retracement strategy ": The strategy that has wor...
80 comments:
Sir,
It's better to remove 'CAM" if you don't mind..people hv lot of confusion i believe "and thinking lot of noise" too :) If all is comfortable @ JNSAR any emas that's better i feel. Not only intraday if any one shorted based on weekly cam L3 they could hv earned little atleast.
in all system watever it is - my basic rule is - don't book loss unless 'ur STOP LOSS " hits if v
turn often our trades "brokers only will earn" 2) if the
Q is - No i know it will come down then do fresh trade cover it.. but hold the another one with your SL. whipsaws possible at any system whether in charts or using calcis.
March 20, 2012 2:04 PM
illango ji,
expanded FLAT "c" in play on sub-minuette ??
Sujatha,
I expected this comment from you little earlier. Anyhow, its better late than never.
If you don’t mind, let me ask you a Q. How can you short at WL3, when prices are coming from top to down?. And even if you do then what would be your SL for those shorts?
@Nifty
plz dont discuss ASR
we long time back closed doors for
"Blood Bath"
"Truck Loads" etc.
fantastic trade buy given buy LEAD indicator
If one is looking for the "magic book" of "Back to the Future" which reveals the outcomes of events in future, there is none.
Trading is a probability game.
I make my probability plan and initiate a trade.
You make yours.
But being with an experienced ones, you tend to pick up the nuances of various market dynamics.
For the one who do not wish to break hi/ her head over these "bla..blahs", stick to JNSAR number or anyother number..10DEma, 34 or 21 Hr smas, etc.
10450 is BNF weekly open price
nanjil - thanks for 'reading my mind" 1) i didn't request "sir" to insert "CAM" @ his blog
2) It's not compulsory to me "answer" each and every Q as i never "told" anybody to "follow" the system 3) am trying my level best to "put" that's all
answer to ur Q - that's just an example.. if anyone wants "systamatically" one can short @ top as
impt. levels has not yet taken out it's one's own "thinking"
I will not do these kind of trades :P
Dear Ashish Agarwal,
मै "जी" कब से हो गया? :) Please go through TA file.. Everything is there.
@ Sujatha,
If you want to grow....and know your true potential
http://www.youtube.com/watch?v=Et-e7e16CcI
Nanjil - "forgot" I am not the "copy right' holder or "proprietor" of CAMRILLA :) :D anybody can do on this anything trial mingle with other system. Little i know hence replying or else "it's not must for me to answer"
good one master
keep an eye on the 30mins T/F... 18EMA @ 5279 .. Resisting again !
Not allowing price to go towards 34EMA @ 5303 :-)
cheers
“Women are better traders than men."
On average, men are three times more likely than women to risk losing all of their savings when investing or trading, according to a survey from National Savings, the birthplace of E-mini trading.
Also, according to a study conducted by the University of California of 35,000 brokerage accounts, on average, women make 1.5% higher returns than men and single women make 2.2% more than their single male counterparts.
http://www.theglasshammer.com/news/2011/11/02/willing-to-take-the-risk/
@ Master,
What is tomorrows developing JNSAR
Women scores well coz their capital is from their man’s pocket. Less tension!
And, I request women traders to read this comment in a lighter mood.. me never a antifeminist :)
@Nilesh: 5368 (It is in TT)
Sir - :) :) I am remembering one quote of "Gauresh'ji's . sincere thanks to him
Stand tall, stand proud,
Know that u r unique and magnificent
YOU DO NOT NEED THE APPROVAL OF OTHERS
I love the 3rd line..just i want to "live for trading" :) love this profession as my "kid"
@ Nilesh,
It is 5368. It is available in the TT against the date:21.03.2012.
@ DR sir,
This is so because women are more disciplined and
determinant....they hardly hesitate in taking
decisions...in most of the cases their decisions
are firm.....
Thanks Prabhakar & Master
and ROBOTS score more than men & women alike...
becoz they trade based on HARD NUMBERS...
A good trader, man or woman, is one who develops a SAR system & then follows to trades ROBOTIC :-)
@ Sujatha,
u r unique and magnificent.
DR - ji - 558/640 calling????
Sis,
If it comes trend will change
But I dont jump the gun
& dont mind boarding train little late
whe the Journey is of 1000 Km
train speed is 250 Km per mint
per mint = per day*
@ Sujatha
Congrats.
lol
LV
DR ji - :):) If opening compartment is comfortable then train will be 100 km. per hour then easily reach the destination :D then back to "platform"??
Will The Global Markets HAlt Today ..
When prices are trending down as per day TA, view the bullish hour price moves with suspicion till it affects & changes the day TA.
LV sir - don't take it seriously - Sir too will crack "jo0kes" often :)
@ Sujatha ji
Follow one system any one !
dont listen noice, bla bla.
Lot of opportunity market gives every instant.
find out.
and become independent.
I wish you good luck.
Jai Hanuman gyan gun sagar,
jai Kapisa tihun tok ujagar.
http://4.bp.blogspot.com/-2kGY5e_cpb4/TwvA9n7LGLI/AAAAAAAACYM/p2dXIJVRkRI/s1600/hanuman+chalisa+image+poem.jpg
below 5260 fast fall.
Thanks DR Sir,
Price closes < 34EMA (5302.2) @ 3:00, still no LONGS
lets c @ 3:30 now...
NF Premium a bit up !
now a close above 5280
@sujatha
2 big platform DRSAR AND JNSAR, not easy to cross
Missing satheesh mam's charts and updates
Does today's move qualify as an Inverse H&S pattern?
I am confused.. Is Satheesh "he" or "she" :)
@nifty
DRSIR already told u once, don't u understand
Europe is down but our markets are not reacting....
longs needs to be careful... for any gap down
@prabhat
obvious she is she
@ Nifty,
Please...Do not post anybody's calls.
Never repeat it.
@ shriram,
Why r u ignoring your system??
To ilangosir,
sir if DLema goes dowm what is interpretation
Ilango said...
When prices are trending down as per day TA, view the bullish hour price moves with suspicion till it affects & changes the day TA.
March 20, 2012 2:54 PM
By Master :) Results Out :)
@Nifty: It is a known fact that ASR is a big cheat. He was already punished by SEBI once. So what is the purpose of quoting his messages in this form?
Jiignesh
शांत गदा धरी भीम शांत
@ Nifty
Plz ignore it and dont discuss here
it distracts
:):):)
@all
If anyone wants to discuss abt him then come, lets chat i am online via gtalk and yahoo, i will clear ur all understanding and misunderstanding abt that man
@ sushil,
What is the meaning of any "ema" moving down...?
It means the prices are making lows.
In CEMA, the close is below previous day's CEMA.
In HEma, the prices are unable to make new highs.
In LEma, the prices are making new lows.
That is how prices affect the various emas.
Its looking like small H&S in 5min chart. neck line at 5260
sl day high.
Looks Like Blood Will not Stop today to bleed in the Global Arena :)
Are Bhai Log ... Not Much Confusion..
DLEMA ke niche close so hold shorts and chill :)
Is it closing below Dlema?
yes powertrade me too...close below DLEMA,5DEMA...part book done...
FTSE (Mar 20) 5904.87 -56.24 -0.94%
DAX (Mar 20) 7071.11 -83.11 -1.16%
CAC (Mar 20) 3534.43 -43.45 -1.21%
@ROCK
Aj Raat to Dow Rock Karega :)
@pt
Dow will dance :):):) on bear tune
To ilangosir,
thanks master
powertrade-:)
DLEMA is 5282 and close would be around 5275 so we are closing below DLEMA
Today's candle is spinning top.
The pattern is Harami.
i.e., The downward movement of Nifty has temporarily come to an end here.
But the momentum of week and day is down. Hourly is overbought; not triggered to buy.
To morrow will be a day of indecisiveness. Perhaps, a lateral movement.
Time is needed to resolve the indecisiveness. Hopefully, by the end of to morrow we may know the future direction of Nifty.
Until then I will spend time with DR's videos.
LV
To all,
ball is in bears hand
Sujatha ji,
It is very nice you have shared your experience. Since your experience given results and it normally will give results if one learns to use the Tools appropriately.
I am really surprised that people are looking for perfect tool. So far it is not there and in will not be there for obvious reasons. The Tools helps you to identify the high probability trade, provided you learned the handling of the tool. To learn the handling the tool takes lot of time but in any case not less than 6 months. One enters into learning and after understanding the basics they tend to believe they become expert. This is a dangerous for their capital.
My request to Blog mates please takes time to learn and always raise doubts with out hurting the upcoming traders who are sharing their knowledge.
Also remember the learning of the Tolls and Handling of those tools are only beginning. There is other important component of trading namely
1. Trade Management
2. Financial objective of the give Trade
Trying to handle more than two to three tools is sure prescription for failing.
Another important aspect of Trading is one has to ensure the tool you are using is most suitable to your type of personality. For example, if you are having limited finance and most of the time you are under emotions during the trading hours and if you choose to trade deep into Out Of Money the results will be disastrous. But if the same Trader tries at the money or in the money and keep booking profit for every rise of 10 to 15 points with appropriate Trade management may make 15 to 20 per cent in a day. So it is obvious that various factors at play to make profit and Tools alone will not bring profits. If somebody helps you by inducting you to a tool be thankful to them. If you are not thankful it is okay, but don’t hurt them.
By hurting the Giver you are destroying the chance of learning from your peers and you know it is easier to learn from peers.
This lengthy posting I am making it for the simple reason I noticed that Sujatha Ji whenever she gives Tgt she always caution people and such people are put under unwanted stress we are all collectively going to be loser in some way other.
By the time I completed this posting I read your comment which states that “ You don’t need approval ………….. kids ” I am happy your spirits are not tinkered. Keep it up and Happy Trading for years to come.
Market is too complicated ... Don't try to search answers..
........
@lv
harami not possible na?
Please read the following para as follows:
This lengthy posting I am making it for the simple reason I noticed that Sujatha Ji whenever she gives Tgt she always caution people and if such people are put under unwanted stress we are all collectively going to be loser in some way other.
Ilango Sir,
Have you removed my posting Sir?
Dear All,
The market movement looked like a bit manupulative. May be in a way to trap shorts.
There was lot of fight evident between bulls and bears, and at the end would give some marks to bulls cause market could close in blue.
Tomorrow morning may be decisive, cause every camp will try to take Hawala in their favour and ORB will decide the markets till expiry.
Secondly Lots of call unwinding was also seen in last hour of trade, which again can be bullish.
Fingers crossed, but i bet more on the upside.
As Ilango sir, have taught, took some longs on 21ema and 34ema crossover in 5min TF, with put as hedges.
Regards
ball is not in bears hand nor in bulls hand
it is on the net.
Sujatha Madam,
I never miss to read your messages which always have
hints and are unique & different from others. They have
helped me a lot (I can not forget your prediction of
last month's expiry level).
Thank you very much.
R.Dhanasekaran
Bangalore
Sujatha Madam,
I never miss to read your messages which always have
hints and are unique & different from others. They have
helped me a lot (I can not forget your prediction of
last month's expiry level).
Thank you very much.
R.Dhanasekaran
Bangalore
Ilango Sir,
I am asking for confirmation to clear doubt about spam or my contents are objectionable? I am confused.
INR is weakening
dollar index is choppy.
choas in the global market.
europe and dow ruling on months high.
what our market will do?
@ Jayaraman,
Some comments love "spam folder" like Fire's.
And lengthy comments go straight to "Spam folder".
Ilnago Sir,
Thanks for confirmation.
I am relived.
@Ilango Sir,
Thanks once again for allowing my post to appear.
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