About the blog or should I say about the Wolf

 

Welcome to the blog. I have created this blog to share my experiences in the world of Technical Analysis of charts for Equities, Futures, Commodities and even Forex.

I am not limiting myself to any country specific charts but I will be primarily focusing on US & India markets where I have most of my vested interest. I like to keep my charts as simple as just a Bar chart (or candlestick) and couple of trendlines – no fancy indicators, no volume, RSI, Stoch, blahh..blahh..blahh..blahh.. why? because they add lots of complexity to the chart while the beauty lies in simplicity.

I have over 3 years of experience in trading stock markets and like any noob I started investing without knowing what I am doing. I used to read from the horses mouth and believe that whatever they are saying is going to happen and lose most of my money. I tried various indicators, techniques but none of them was good enough to be repeated again and again. Frustrated and angry about the way market react and how rapid moves wipe off all my hard earned money forced me to go around and search for that Oracle who could show me the future and tell me the truth where the market will end up eventually.

That was probably my best day of life when I came to discover that there is indeed such system / method to see the future when majority cannot. That day I discovered a system which keep you out of the market for most of the time and lets you enter at the best time and exit at the best time as well.

Enough of the guessing, yes, I am talking about Wolfe Wave. Originally discovered by Bill Wolfe (www.wolfewave.com) and practiced by many professional traders across the world to predict some of the biggest & most profitable trades.

Talking about the recent 2008 crash in late 2008, the system was able to predict the crash well in advanced around 1-2 months in advance and with the target as well. If that’s not yet surprising enough it was able to predict the start of a rally and the target of the rally as well.

Here I would like to present to you a chart of my favorite Index – Nifty (India’s Benchmark Index)

With that all said, I would be posting the possible waves generated in the market and guide you in advance to take the appropriate action and profit from the move.

Hope you enjoy this journey and profit from it.

 

DISCLAIMER: PLEASE DO NOT BET YOUR HARD EARNED MONEY ON WHAT I SAY OR DO. FEEL FREE TO READ THE BLOG AND ENJOY THE CONTENT WITHOUT EVEN THINKING ABOUT TRADING IT. I PERSONALLY MAY OR MAY NOT BE TRADING THE SAME CHART