How to trade Commodities - Gold, Silver, Crude Oil, Natural Gas

[NANDAMAD]

I think course is costly.....I would help all people who genuinely want to master WW....but i 'll do it gradually.....

I wd be very grateful please go ahead. regards

 

[myamit]

I think course is costly.....I would help all people who genuinely want to master WW....but i 'll do it gradually.....

WWs happen in all markets.....including commodities.


I have tried butterfly & gartley.....but calculations in Excel spreadsheet seemed of no use. Then i dropped it....This effort was done in bull market in NIFTY...and i was making money with Elliot wave so i left the work there itself....I think you need some software to do the calculations for you.

Please read Suri Duddela's Book - -Trade chart Patterns like the Pros.....

Hello Uttam,

I understand the price but I guess in a market where you can cover your money in few days, it is not a bad investment.
Anyway, I just wanted to know methodoloy for training rather than taking a course.

About Gartley & butterfly, I do have software (and I've developed AFL for mu use) that can help me. Something like GTL has developed Gartley pattern with a low on 29/Sep. Hoping to see first target of 65 soon.

Also SBI has made gartley on hourly time frame & hoping to see small bounce back in coming days. Let's see.

Lastly, Suri Duddela's book just defines patterns. Actually I need something more.. something like confirmation after pattern develops, chances of success & ratios etc.

Regards,

 

[Royce]

Hi Mr.Uttam. I was just experimenting with a few wolfe indicators based on ZZ's in MT4.Could you check if this was a valid trade based on WW?

 

[uttamkamlesh]

Hello Uttam,

I understand the price but I guess in a market where you can cover your money in few days, it is not a bad investment.
Anyway, I just wanted to know methodoloy for training rather than taking a course.

About Gartley & butterfly, I do have software (and I've developed AFL for mu use) that can help me. Something like GTL has developed Gartley pattern with a low on 29/Sep. Hoping to see first target of 65 soon.

Also SBI has made gartley on hourly time frame & hoping to see small bounce back in coming days. Let's see.

Lastly, Suri Duddela's book just defines patterns. Actually I need something more.. something like confirmation after pattern develops, chances of success & ratios etc.

Regards,

Course methodology is same as you know....first booklet...then faxes....but i did mistakes in exuberance...i thought i got a secret to markets....it was my own research later and experience that made me click finally....

I asked you how to load an indicator in MT4 if i have the program file....Plz tell the steps....

 

[uttamkamlesh]

Guys! Right now this is the only link available to download Wolfe Wave manual from internet ....As soon as a link comes up the site is forced to delete it as the material is copyrighted...so you never know when it will get blocked... plz download it as soon as possible....take print and read at least twice...


http://forexcoach.ru/1ongamenet/TradeSystems/11.05.2009/TS-Volna-Vylpha/Wolfe Waves.pdf

Kamlesh Uttam

 

[shekharinvest]

deleted....

 

[shekharinvest]

With such a huge gap up opening will it be prudent to go Short. As the short term is bullish.

SHEKHAR

 

[uttamkamlesh]

SHEKHAR....Time symmetry is little poor.....Continuous charts are preferred...
When in doubt just paper trade....i would have though taken the trade for scalping at least as 4700 is a good support from Daily analysis....
Take decision from NIFTY Spot only....4950 would provide resistance....

 

[shekharinvest]

SHEKHAR....Time symmetry is poor.....
Take decision from NIFTY Spot only....

Thanks for the response.

Spot too is displaying the same pattern.

Hence the same conclusions. No shorts for now !

SHEKHAR

 

[uttamkamlesh]

Bullish Wolfe Waves have been set up and running in S&P 500 as well as our NIFTY....120 min charts....in the evening i would post the charts....
Don't go short on NIFTY....