Pride always comes before destruction.... -Proverbs 16:18
DARWINEX ZERO All Time Return:
24.8%
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
Disliked{quote} Do you mean a pendenting order in the direction of the wolfe?Ignored
Disliked{quote} Yes, a scale in zone. For example on the GBP/USD I'd have a zone of about 30 pips where I'd have 10 tiny long positions waiting that encompass price as it heads down to the AB=CD completion level and maybe even a bit farther. I use a script that makes it easy to set up. So it might look something like this. Once its set you can easily drag and drop the SLs and TPs if you want to change them {image}Ignored
Disliked{quote} For the EUR/CAD Daily you posted I'm not a big fan of X just being a random location. I see traders just picking X anywhere just to fit in it for the Wolfe wave. For me point X should be distinct, either a swing Hi/Lo point or at least a minor localized Hi/Lo If you look closely you can see that there actually was a valid classic bullish Wolfe wave that already has played out. Price rejected for a week straight at the 200FIB extension which was only 30 pips from perfect AB=CD completion. Not bad considering the impulse waves were over 500...Ignored
Disliked{quote} Mr. Expro33, Great notes and guidance Is there is any other conditions we have to consider when approving point x ?Ignored
Disliked{image} Anyone else watching AJ 1 hour? trying to get a sense of whether this one will play out or not.Ignored
DislikedExpo, are you expecting the D leg to complete? and if not is it still a valid WW and therefore you would still expect it to cross the take profit line? thanks in advance. Peter.Ignored
Disliked{quote} You're welcome Simba. I think a lot of it is a personal choice for each trader but as I said the point needs to be at least somewhat distinct form the localized price action. Maybe a fractal, minor or major swing point. Ideally, it's nice when X is a point that is already a along an impulse wave in a trend that is established. I've had some experienced Elliot wave traders say that the WW is potentially the end point of a larger Elliot wave structure and that the WW may may be the reversal point for that trend.Ignored
Disliked{quote} The white number is how many pips price has moved from the last ZIGZAG High/LowIgnored
Disliked{quote} Mr. Expo33 We have to think how to benefit more from the numbers (pips/time) written over the zigzag Do you have an idea ? Is there is any thread discussing this idea ? Thank you in advance.Ignored
DislikedBearish Wolfe on EY, will it have the force to test S38?..waiting for reversal {image}Ignored
DislikedAUDCHF H1 How about this setup? There is also divergence in the Awesome Indicator. {image}Ignored
Disliked{quote} I think the indicator that "parviz" developed covers every aspect of the WW structure and is completely sufficient. Now, the most important part of the puzzle is to filter out the bad trades using a personalized system of confluence along with keeping an eye on fundamentals/sentiment/news.Ignored