A new look at Wolf Waves

Quoting Koulus

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Thank you for your reply. I wasn't sure if I could accept the point 1 as valid. But the price didn't come back across 1-3-5 line so it wasn't fullfilled WW anyway. Today I catched another one, EURGBP (1 hour chart). What do you think? Correct setup? {image}

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Quoting Ad-Maiora

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USDJPY, H1 What do you think? {image}

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Quoting TheBody

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CADJPY 15min update. So i have been experimenting a bit with the overshooting of the 5 line. It's hard for me to know where the overshooting actually reverses and starts to head down, so i came up with a new strategy. I always enter at the touch of the 5 line, and i double my initial position at the 1.89 fib of the 4-5 LEG, and quadruple my inital position at the 2.89 fib with a stop-loss at the 3.5 fib for all orders. When the overshooting of the 5 line is so high, my profit target is at the horisontal 4 line, not the projected 1-4 line going down....

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Quoting TheBody

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Thank you Profitkeeper! I hit my first milestone today! Account grown from 100 dollar to 1000 dollar since 10th of May, so little less than a month, and i owe it to this thread and the people contributing here. So thanks a bunch people!! Keep those nice charts coming.... And before anyone comments on it, yeah - I have taken a bit high risk but i never felt uncomfortable with the positions. {image}

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Quoting shyean

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EUR/JPY Daily Is this a likely Wolfe Wave pattern? Thanks {image}

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Quoting shyean

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EUR/JPY Daily Is this a likely Wolfe Wave pattern? Thanks {image}

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Quoting JackAntigua

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It's possible although you could argue that point 5 has already been created and the pattern hasn't completed. But we are now back at the line again and it does look a bit more symmetrical this time, not sure that has anything to do with it though. {image}

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Quoting TheBody

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{quote} Here is my take on EURJPY Daily! I wouldn't personally trade it for a number of reasons. First off, it could take several months for it to play out, and i dont have the patience to wait for it that long, nor do i have a big enough account to suffer the drawdown if it should hit the Stop-loss, even with micro-lots. And most importantly, there is gonna be some highly volatile days/weeks ahead when UK decides about staying or leaving the EU, and then you will have a response from the BOJ (Bank of Japan) at some point. On a side-note, the Price...

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Quoting wizlon32

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{quote} Here is the weekly chart.The pattern looks ok to me. TheBody is right though it could take some time to play out. If I was going to trade this pattern I would keep an eye out for a Daily Pin Bar or Bullish engulfing candle. Could be worth a shot in my opinion Brexit could alsobe a problem. {image}

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Quoting aleksandarfx

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Hi to all.i am happy to find this thread. I used ww for 4 years but i have never find ebok about it and with strict rules. Also there is estimatated price and estimated time of arival eat that price when there is triangle formation. I will post picture later on but i must to write this becouse i am very happy to find somebody knows about amasing wolfe waves. Congratulations on great profit to THE Body. Keep up the good work to profitkeeper.

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Quoting shyean

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Thanks for the explanation {quote} {quote} {quote}

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