Recent content by shivashimoga

You are very right! I am happy that you are very close to my exceptions. you told me that why I didn't start with number 1, I can't and I will not also, because it is still immature I don't know wether it create which patten but... But! @ 4th count I am fairly point that yes! it is the patter...

Let me explain to you. trading in market is an art and finding tops and bottoms is skill... but finding and trading on extreme tops and bottoms is suicidal. Again I am repeating trading extreme tops and bottoms... is SUICIDAL To identify the logical tops and bottoms are what we are...

This tread is only for serious trader and value added comments and knowledge sharing. if you have any suggestion then pl. share and most welcome nothing other then trading knowledge. Avoid non-trading comments.

That is exactly I come to... were to start first wave? how to identify the first wave? What I started doing is identify the 4th wave because in 4th wave it create 4th wave msk-abc channel. if it reached 4th wave abc channel then the direction is identified! once you identify then just take...

Let me explain... the chart you posted I found you have identified the pattern but to enter you have to keep waiting for the pattern to complete and broke the triangle and then take position. that is the chart you posted it created reducing triangle and broken around 15800 levels and you have...

Ya true. but we are here to make profits! One need to understand trading is not for FUN, for me it is a very serious business were I can do the best what I understand market with technicals. Why I said position trading is in position trading you take position after analysis, not taking...

In continuation to the above message. I am today attaching the continuation chart It has given 160+ pip profit as on short trade from yesterday. The target is 4th wave which is touching the trend line ( approx 600 pip profit from today!). Reg infosys, it is today created long leg doji...

Only in pattern trading you will catchs top and bottoms. infact in any trading process the best way to catchs intial tops not necessarly it is the peaks! Catching tops and bottoms not peaks is what I want to say. In pattern trading you do better analysis and catchs the trend very early then...

Yes. you are right, enven in elliot wave @ 4th wave to 5th wave or 2nd wave to 3rd wave, market consolidate with any patterns. means patterns creates @ this stage. in 2nd wave to enter @ 3rd wave. if you are trading with patterns you entered very early and as all of us know 3rd wave is...

Here I have some tips on any pattern. I have notices that, every pattern must complete 5 waves. 1,2a,2b&2c,3,4a,4b&4c,5. you may be wordering what is this. let me explain, any pattern, either it is broading wedges, or flags, will complete 5 ways in that, either 2nd wave or 4th wave complete...

Hi, My name is shiva. I am from India I trade indian market. trade with technicals. I strongly believe that you do wonders with pattern trading provided you are a postion trader. According to me, market movers and shakers not FII's, MF,s or Big investors. the real movers and shakers of...