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milam Aug 22, 2013 8:27am | Post# 5561

{quote} I have not studied them as of yet. Do you have a link?
I was reading from a book I have from Linda Raschke, but I just find this link:


http://www.chart.nu/wolfewave.htm

PipTrapper Aug 22, 2013 8:27am | Post# 5562

{quote} ¿have you got any link to learn about it?? ¿should I start learning the big frames or can I start with 1h and 15 m??? ¿do you bother if I ask you a lot?
http://www.tradersdaytrading.com/ell...ve-theory.html

PipTrapper Aug 22, 2013 8:31am | Post# 5563

i think Gann Elliot , fib, and candlesticks can make you a good technician in charts , and trader , if you can wrap that in your head
I use elliott, fib, candlesticks, supply/demand, popular patterns and moving averages, and then I confirm turning points with divergence by using MacD and RSX. So far it works very well for me on higher time frames. On the lower time frames it is a work in progress because you have to keep in mind all the higher time frames as well (MTFA).

Forexcube Aug 22, 2013 8:32am | Post# 5564

Wolfe Waves Strategy
http://uwcbd.com/wolfe-wave-trading-...ith-indicator/
http://strategy4forex.com/trading-on...lfe-waves.html
http://en.forex-utility.com/strategy/8Volny+Vulfa.htm
http://www.chart.nu/wolfewave.htm
http://www.buzzinforex.com/technical...-forex-trading
http://www.system-forex.info/2010/09...ve-system.html

Linda Rashke does talk about this pattern in the book "Street Smarts".

- In the address bar, type the URL of your preferred search engine.
- In the search box, type the keywords "Wolfe Wave Manual".

Read more: Understanding Forex Wolfe Wave Manual http://www.sooperarticles.com/financ...#ixzz2chYk0mKf


...and so on,...& so on...

PipTrapper Aug 22, 2013 8:34am | Post# 5565

1 Attachment(s)
{quote} I was reading from a book I have from Linda Raschke, but I just find this link: http://www.chart.nu/wolfewave.htm
Aha. A wolfe wave is a EW ending diagonal.
Click to Enlarge

Name: Bulkowski's Ending Diagonal Triangle Elliott Wave Pattern.png
Size: 53 KB

milam Aug 22, 2013 8:36am | Post# 5566

Market is moving

milam Aug 22, 2013 8:37am | Post# 5567

{quote} Aha. A wolfe wave is a EW ending diagonal. {image}
I think they can also the traded on the 1m TF

PipTrapper Aug 22, 2013 8:40am | Post# 5568

This is why it is difficult to trade in August and December.
One big trader with a big order screws up your technical calls.
The max before more down was supposed to be 3325 with an extension to 3333 max.
Now we have made it to 3345.

Give me higher time frames any time.

PipTrapper Aug 22, 2013 8:42am | Post# 5569

This is why it is difficult to trade in August and December. One big trader with a big order screws up your technical calls. The max before more down was supposed to be 3325 with an extension to 3333 max. Now we have made it to 3345. Give me higher time frames any time.
So now the count has changed. Wave 5 of 5 was truncated and we are now starting an impulse A of abc correction of the entire fall from Tuesday high.
I cannot project the possible upside until wave b is complete

There is a possibility that what I believed was wave 5, may have been wave 3 of the entire drop and we are now starting wave 4.
Still as above, I cannot project where wave 5 will take us until wave 4 is complete. But it is more likely that we have already finished wave 5. This is why wave 3 is the only wave one should trade for lower risk.

Ambar Aug 22, 2013 8:44am | Post# 5570

{quote} Aha. A wolfe wave is a EW ending diagonal. {image}
¿what can we do about Elliot waves now? It doesn't work now. ¿and now???

PipTrapper Aug 22, 2013 8:48am | Post# 5571

{quote} ¿what can we do about Elliot waves now? It doesn't work now. ¿and now???
It works very well. I am just not very good at it in small time frame, but I am learning.

milam Aug 22, 2013 8:49am | Post# 5572

Maybe resistance have turned support

milam Aug 22, 2013 8:50am | Post# 5573

{quote} It works very well. I am just not very good at it in small time frame, but I am learning.
smaller tf EW talk to Schick, he is the one.

PipTrapper Aug 22, 2013 8:51am | Post# 5574

{quote} smaller tf EW talk to Schick, he is the one.
Yes he is very good. He even does accurate counts in a 10 pip range LOL

PipTrapper Aug 22, 2013 8:52am | Post# 5575

reason for the bounce. I was so busy posting here, I forgot about the news...

Weekly jobless claims rise more than expected to 336,000

So this caused another short covering. My guess is it continues down soon as more sellers will fade this move now. Of course it is only a guess

milam Aug 22, 2013 8:53am | Post# 5576

{quote} Yes he is very good. He even does accurate counts in a 10 pip range LOL
He is a freak, a good one.

milam Aug 22, 2013 8:56am | Post# 5577

What next 3355 or 3304?

matheszabi Aug 22, 2013 8:56am | Post# 5578

3300

Forexcube Aug 22, 2013 8:56am | Post# 5579

1 Attachment(s)
EURUSD, Daily, 2013 August 22
Click to Enlarge

Name: EURUSD, Daily, 2013 August 22.jpg
Size: 112 KB

Forexcube Aug 22, 2013 8:57am | Post# 5580

EURUSD, Short @ 1.3340 (5x)


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