Good afternoon everyone. Hope you guys are having a great time at Dhanvarsha Group and Maa Maha Laxmi is blessing you all to the fullest. I would like to introduce myself to the readers of this group as I am a new Member of the Contributors to the group.
Let’s start with the introduction of who am I, I am Vikas Verma and a Wolfe Wave Practitioner. I am a day trader, Swing Trader & Even Positional Trader. Trading is one of my profession, yes I have couple of others as well not worth mentioning here.
I trade in US & Indian markets via Stocks, Futures, Options, Commodities & Forex (did I left anything behind?)
So I am not limiting myself to any country specific charts but I will be primarily focusing on US & Indian financial 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 volumes, RSI, Stoch, blahh..blahh..blahh..blahh.. why? because they add lots of complexity to the chart while the beauty lies in simplicity.
Talking about the recent 2008 crash in late 2008, the Wolfe Wave 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) that I created on 18th January and decided to go Short in Market as the rally was over (period)
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.
- Member of Dhanvarsha Group
