Wolfe Waves - Get in the Zone

Quoting Krossaren96

Disliked

{quote} I see, I will most likely just divide the area from X to entry in 3 equal parts and put some profit at each one of them, see picture (green lines) {image}

Ignored

Quoting Krossaren96

Disliked

{quote} I see, I will most likely just divide the area from X to entry in 3 equal parts and put some profit at each one of them, see picture (green lines) {image}

Ignored

Quoting Ockham

Disliked

{quote} yes well pointed there is also no convergence with AC XB, my bad

Ignored

Quoting CrocodileRex

Disliked

{quote} Your x-leg here is also not visible? It's very close to your B or 3 leg.

Ignored

Quoting Ockham

Disliked

{quote} Trading view is the most amazing platform for our king of technical analyse, you probably notice that there is also an xabcd tools ! nice set up btw, missed it, but gl for your trade mate. {image}

Ignored

Quoting Krossaren96

Disliked

Expo have you ever tried to take profit when the TDI crosses back up again?

Ignored

Quoting Krossaren96

Disliked

Using this strategy must be great in a trend. Look at the chart below. The blue lines show an outzoomed wolfe wave. Look at the big bearish trend continuing right when the pattern hits the sweet zone. Thinking about only trading them in line with the higher timeframe's trend... That way we can aim for a much higher RR. Update: Added the second chart as one more example. USDJPY trade from last friday. We would already be in about 1:5 (and that is when using the TDI cross when entering!), aiming for about 1:8 due to previous structure. {image} {image}...

Ignored

Quoting Expo33

Disliked

{quote} Absolutely. The possibilities are only limited by our imaginations. You can also use the TDI green as a divergence tool. Notice the hidden divergence on that GBP/USD set up. Would have been a nice filter for some extra confidence for the entry. {image}

Ignored

Quoting Expo33

Disliked

Been stalking this one since last week. Don't know if we will make it to completion here, anther 120 pips to go. Ready and waiting to start scaling in at the 161FIB GBP/JPY DAILY CWW {image}

Ignored

Quoting forexdaist

Disliked

{quote} Hi, Great thread. Keep on alive. Just a question. Do you use standard setting for the ZIGZAGPIPS indicator? I put your template on GBPJPY daily chart and doesn't appears the last wave lines... thank you TONI

Ignored

Quoting Krossaren96

Disliked

{quote} Great input! Yeah that would have given us some confluence on the higher timeframe as well which is always good. Also, trading with the trend is a great situation to take partial profits in. Loving this thread, keep up the good work everyone! There was TDI confluence on my EURNZD trade as well! Also big pinbar only 1.5 hours from printing, good days. Edit: Can we only use the green TDI line for divergence? If so, why? {image}

Ignored

Quoting Expo33

Disliked

{quote} As I understand it, the TDI green is basically the same as the RSI on setting 13. See chart below for comparison {image}

Ignored