• About
  • Elliott Waves
    • Elliott Waves Explained
    • Elliott Wave Magic Illustrated with Wave Charts
    • Elliott Wave Edge – How Elliott Wave Traders Win
    • Fibonacci Number Series and Elliott Waves
    • How to use Fibonacci Ratio Retracements
    • Elliott Wave Books
      • The Elliott Wave Book – Five Waves to Financial Freedom
      • Dividend Growth Investing Using Elliott Waves
    • Videos
  • Equities
    • Indices
      • Africa
        • Egypt
      • Australia
      • European Indices
        • AEX – Index, Amsterdam
        • DAX Index
        • Istanbul
        • Russia
        • Spain’s IBEX 35
      • Asian Indices
        • India
        • China
        • Dubai
        • Kuwait
        • Kuala Lumpur
        • Pakistan
        • Saudi
        • Taiwan
      • US Indices
        • S&P500
        • Nasdaq
        • Dow Jones
        • Dow Jones Utilities
    • Stocks
      • Asian Stocks
        • Indian Stocks Trading
        • Dubai Stocks Outlook
        • Japanese Stocks
        • Kuwait stocks
        • Saudi Stocks Outlook
      • African Stocks
        • Egyptian Stocks
      • Swiss Stocks
      • Australian Stocks
      • European Stocks
      • US Stocks outlook
      • UK Stocks
  • Commodities
    • Copper
    • Gasoline
    • Gold
    • Natural Gas
    • Oil
    • Palm Oil
    • Raw Sugar
    • Rubber
    • Soybean Oil
    • Silver
  • Forex
    • AUD
    • Bitcoin
    • CAD
    • CHF
    • Euro
    • GBP
    • INR
    • NZD
    • JPY
  • Raves
  • Consulting
    • Consulting
  • Ramki’s Watchlist
Top News

Has Meta (Facebook) stock seen the bottom

March 21, 2022

What Is The Nearest Technical Support For Meta (NASDAQ: FB)

February 7, 2022

Using Elliott Waves to Capture a Trade in S&P500

January 27, 2022
Facebook Twitter Instagram
Facebook Twitter Instagram
WaveTimes Blog WaveTimes Blog
Wave times
  • About
  • Elliott Waves
    • Elliott Waves Explained
    • Elliott Wave Magic Illustrated with Wave Charts
    • Elliott Wave Edge – How Elliott Wave Traders Win
    • Fibonacci Number Series and Elliott Waves
    • How to use Fibonacci Ratio Retracements
    • Elliott Wave Books
      • The Elliott Wave Book – Five Waves to Financial Freedom
      • Dividend Growth Investing Using Elliott Waves
    • Videos
  • Equities
    • Indices
      • Africa
        • Egypt
      • Australia
      • European Indices
        • AEX – Index, Amsterdam
        • DAX Index
        • Istanbul
        • Russia
        • Spain’s IBEX 35
      • Asian Indices
        • India
        • China
        • Dubai
        • Kuwait
        • Kuala Lumpur
        • Pakistan
        • Saudi
        • Taiwan
      • US Indices
        • S&P500
        • Nasdaq
        • Dow Jones
        • Dow Jones Utilities
    • Stocks
      • Asian Stocks
        • Indian Stocks Trading
        • Dubai Stocks Outlook
        • Japanese Stocks
        • Kuwait stocks
        • Saudi Stocks Outlook
      • African Stocks
        • Egyptian Stocks
      • Swiss Stocks
      • Australian Stocks
      • European Stocks
      • US Stocks outlook
      • UK Stocks
  • Commodities
    • Copper
    • Gasoline
    • Gold
    • Natural Gas
    • Oil
    • Palm Oil
    • Raw Sugar
    • Rubber
    • Soybean Oil
    • Silver
  • Forex
    • AUD
    • Bitcoin
    • CAD
    • CHF
    • Euro
    • GBP
    • INR
    • NZD
    • JPY
  • Raves
  • Consulting
    • Consulting
  • Ramki’s Watchlist
WaveTimes Blog WaveTimes Blog
Home » A sneak preview of an example from the Elliott Wave Workshop
Indian Stocks Trading

A sneak preview of an example from the Elliott Wave Workshop

RamkiBy RamkiOctober 31, 2018No Comments2 Mins Read
Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
Share
Facebook Twitter LinkedIn Pinterest Email

The upcoming Elliott Wave workshop at Bangalore will be less theory and more examples. The theory is already well explained in my book “Five Waves to Financial Freedom”.

Here is an example of a short term trade that I did in the last couple of days, with the purpose of using in the workshop.

This example is from the OPTIONS market, specifically 10700 CE that expires on 29Nov18.

Take a look at this first chart.

I had planned to sell in 2 stages, at 50 and at 58.70. The price did not make it to 58.70, but that was fine. This was a very short-term trade after all. The market started coming off nicely, and you will see how I decide my strategy.

 

Then comes the task of deciding where to take profits! You will see below that I thought it will reach at least 42.96 and so I considered buying it back at 44. But when I placed the order I modified it to 43.50.

And sure enough, after a brief pause, the profit was pocketed.

There are other slides for this trade that I will use in the workshop, and you will see how I think through such trades. It is true that this trade made only a small profit, but the process is what that counts. Members of wavetimes were told that it is a good idea to sell the E-mini futures of SnP500 from 2800 for a dip to at least 2675. That analysis went out to them on  12 October. The high was 2824, and it fell to 2603. That is the power of Elliott Waves.

Ramki’s Elliott Wave Workshop – Bangalore 11 November 2018

Nifty Options
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticleRamki’s Elliott Wave Workshop – Bangalore 11 November 2018
Next Article How should we trade the Nifty using Elliott Waves
Ramki
  • Website

Related Posts

When Elliott Waves applauds the promoter’s signals!

January 3, 2022

A soft quarter for TCS – Avoid or Add – Contd.

October 13, 2021

A soft quarter for TCS — Avoid or add?

October 12, 2021
Add A Comment

Leave A Reply Cancel Reply

Recent Posts
  • Has Meta (Facebook) stock seen the bottom
  • What Is The Nearest Technical Support For Meta (NASDAQ: FB)
  • Using Elliott Waves to Capture a Trade in S&P500
  • Hedge Funds and Elliott Waves – Netflix $NFLX
  • When Elliott Waves applauds the promoter’s signals!

WaveTimes is a Research Organization dedicated to providing original analysis, reports, reviews, and insights on developments in mutual funds, stocks, investing, foreign exchange, commodities, and bonds.

Contact WaveTimes

L-601 Mantri Espana,

Kariyammana Agrahara, Bellandur, Bangalore 560103

Follow Us

  • Facebook
  • YouTube
  • Twitter

© 2023 Wave Times. All Rights Reserved.
  • About
  • Books
  • Privacy Policy
  • Policies and Standards

Type above and press Enter to search. Press Esc to cancel.