http://astroakella.blogspot.com/

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgxl5Osno8jQlykY8XHpfOA9dzj0Xm_j8NSAtCO9oW3wXKDfZB17yinN-elNgLMah0P3j1WxwgwgN11urT8CDHtL81OwHrJcKbS6tsYlhcoV2tepZRKFnx1-XV7hwQCjcMdZ-H1lRxfH9k/s1600/silver+cycles-update20082011CONT+CHART.JPG

Silver cycles CIT.

Next cycle around 09 Oct 2011 ,

See in chart for Buy zone for medium to long term.

Targets will be sent to premium members only

Trade well

wave 4 ending at slow macd coming upto zero and then reversing

wave 4 ending at slow macd coming upto zero and then reversing.

AshishAg said...

Ilango Ji,
I love your Day and MACD chart. You have said it so many times about wave 4 ending at slow macd coming upto zero and then reversing. I have a feeling that this is again going to happen.
Ilango Ji- i have no words to express my gratitude!

September 21, 2011 6:23 PM

https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjCA2FHCCnswwzoq3MUFNpBeLECR-uryz0SrXtw35BuH6SQsBWxrDK_L1UAp0AgbdPqGK8U6DRvuAzwywUcaZhjdXR0lhAo5L9UsC7MBZ5-FyL7fSYQf0llwvgOLBShxSQRy3G6rInLTM8/s1600/1.PNG

e w web link

http://www.elliotwaveindia.com/

http://lalitlk-lalit-lk.blogspot.com

www.harmonictrader.com

In the website http://www.harmonictrader.com/ once you login (free Login) theny send to you by mail a 305 pages PDF file. It gives a detail analysis about all the standard harmonic patterns. In the same link there is another pdf file which gives about the shark pattern which is slight variation in the usual patterns. But it is very useful.

The next link:
http://www.harmonicpatterns.com/
There is a ratio table in this website which gives good guideline for various retracement ratios. This table I have given in the Harmonic trading excel sheel in just nifty google groups.

The link below gives a very comprehensive view of the harmonic patterns. This is the first article which got me interested in Harmonics.
http://www.investopedia.com/articles/forex/11/Harmonic-Patterns-In-The-Currency-Markets.asp#axzz1YJJIdRtO

You can find all these links in this blog under Educative material.

September 18, 2011 7:11 PM

ew as on 16.09.11 j.n

6339 to 5177 - A (in 3 waves)
5177 to 5944 - B (in 3 waves)
5944 to 5329 - 1 (alt. is till 5196)
5329 to 5740 - 2 (with irregular "b" making 5196 low)
5740 to 5497 - "i"
5497 to 5702 - "ii"
5702 to 4720 - "iii" (It is also possible "iii" ended at 4796 and "iv"th @ 4966 & "v"th ended @ 4720)
So 5702 to 4720 - 3 (alt.view)

Hence 5329 would negate this 4th.

It could also be labelled as "ABCDE" and D leg is in progress moving upto the downward sloping trendline.

When you combine regular TA using macd/ stochastics, this ST uptrend was visible from 4720.