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

[adityasaraf007]

Rafi Sahab, obviously we cannot anticipate whether there will be any spike in volumes or not when price reaches point 5...... However, formation of WW is not dependent on volumes..... Spike in volumes is only related to extra confirmation and gives us more confidence that this WW would turn in our favour.... I hope you got what I mean.....

We look for a spike in volumes when price reaches point 5...... If there is good enough volumes, we take the trade; otherwise not...

 

[KID_of_MARKET]

Kamlesh Sir,
Is infosys forming ww on daily (today point no. 5) (for volume should we wait for whole day?)

 

[VJAY]

Kamlesh Sir,
Is infosys forming ww on daily (today point no. 5) (for volume should we wait for whole day?)

but still not made point 5 my view.....

Dear kamalesh,
Are we enter here using lower tf's?

 

[VJAY]

Dear kamalesh,
Infy point 5 touched ....is entry for short?

 

[uttamkamlesh]

but still not made point 5 my view.....

Dear kamalesh,
Are we enter here using lower tf's?

Guys! INFY is making HH-HLs beautifully....

1. That means an uptrend got established.
2. In the morning [Open=High] in both Exchanges.
3. Very high volumes to support the move.

TREND is a much bigger pattern than WW.

My Experience 1 on WW:

Wolfe waves excel in the following market psychology.
(Markets don't know where to go):

1. Choppy markets
2. Near the end of a trend
3. Consolidations

Here NIFTY is clear to go up....driven by IT sector....(bullish WW).
So no way to short INFY.

Also stocks are discontinuous charts, big operators at work....so i feel little uncomfortable with them..

WW is basically movement of price through EPA line to achieve price equilibrium from a state of non-equilibrium @Point 5.

Kamlesh Uttam

 

[uttamkamlesh]

Trade Coming: Apply Uttam's Method of SELLING on INFY on Weekly charts.
I think shorting opportunity would come next week when NIFTY starts fighting 5200.

 

[KID_of_MARKET]

Gold weekly touching upper channel as well resistance at 1700

Gold Daily many resistances and overbought on daily
Also Uttam's method of selling comes in to play

Are gold tu to gaya kamse :lol:

 

[adityasaraf007]

WW on 30min chart of Crude.... However, there is no spike in Volumes at point 5...

 

[mdrafi67]

HI Mr.kamlesh.............
I'm posting NATURAL GAS H-1 chart..........is it forming WW pattern.......pls help out to understand its future trend.......it will be helpful..........thank u:thumb:

 

[saivenkat]

HI Mr.kamlesh.............
I'm posting NATURAL GAS H-1 chart..........is it forming WW pattern.......pls help out to understand its future trend.......it will be helpful..........thank u:thumb:

Sorry to bump in with my views mdrafi67... the chart of natural gas looks like a falling wedge..i fear no WW emanated from it.. The Falling Wedge indicates a Bullish pattern:thumb: