DislikedWatching this setup , its not perfect because its not off the 1st bottom low, {image}Ignored
What time frame is it ?
I am in a short on ujsdjpy at 111.37
LDFX Trading Ltd
My new journey with Wolfe Waves... 6 replies
Elliot Waves/Demark Waves 2 replies
about Wolfe Wave theory? 3 replies
Traders who completed the Wolfe Wave course already. 0 replies
Help needed to build a Wolfe Waves Expert Advisor EA 3 replies
DislikedOpen post to all readers, If I have in any way mislead you with any of the pattern I have posted then for that I apologise. Bill Wolfe prints many patterns in his book and many of them are not the perfect pattern with the leg1= leg2 and some of the 3-4-5 waves are extremely small (noise apparently) compared to the prior 1-2-3 wave. Even the less convergent patterns make an appearance in Bill Wolfe's book. I will refrain from giving screenshots of the actual examples here, but they are readily available in the book that Expo kindly attached at the...Ignored
DislikedNone of the indicators can find this EURUSD D1 CWW pattern ..... this has been manually drawn.... {image}Ignored
Disliked{quote} You tell you want to help others, and I believe you, but I think you're doing the wrong way and maybe in the wrong place as well. There are some points in your posts that I didn't like but everyone can think in a different way so I will focus just on two things that make me think what I wrote before. You said you don't trade WW and you don't believe in fibos and in fact in your analysis there are no fibos and WW are just the last confirmation of other studies that make you decide to trade or not. So my question is, do you really think to...Ignored
Disliked{quote} Your posts on wolf waves are for most not corrects, you are misleading the readers.Ignored
Disliked{quote} Agree - we are not trying to 'berate' anyone; just point people in the right direction. You need to learn this stuff over years. See attached example for clarity. In short, don't look and try to curve-fit patterns to charts where WW or any price action doesn't exist! Look for a rising / falling wedge. Then apply the basic WW 'rules'. Draw your lines. 3 and 5 must be higher than 1. 4 must be higher than 2. The wedge lines MUST converge in the future. Await price action at point 5 before selling. Use support levels or ATR targets to set limit...Ignored
Disliked{quote} NO!!!!! This is not a WW! where is AB and CD? Are they match?!Ignored
Disliked{quote} Please see Grimweasel's post 632 above for an excellent description of how wedges function and how he views them as Wolfe waves. I do enjoy your posts though - they make me smileIgnored