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Wolfe Waves - Get in the Zone

  • #241
  • Mar 8, 2017 2:09pm Mar 8, 2017 2:09pm
Real good info on this thread , What are your thoughts on the X-B line being flat.

Attached Image (click to enlarge)
Click to Enlarge Name: EURUSDM15.png Size: 57 KB
  • #242
  • Mar 8, 2017 2:45pm Mar 8, 2017 2:45pm
Quoting Tbuild
Real good info on this thread , What are your thoughts on the X-B line being flat. {image}
XB line being flat is the parallel Wolfe wave (PWW) from post #1 that we haven't discussed yet. I have been studying these working on entry strategies.

Very tradable pattern though
Pride always comes before destruction.... -Proverbs 16:18
  • #243
  • Edited 9:18pm Mar 8, 2017 3:36pm | Edited 9:18pm
Updated calendar and template
Pride always comes before destruction.... -Proverbs 16:18
  • #244
  • Mar 8, 2017 3:46pm Mar 8, 2017 3:46pm
Hi expo

I am not familiar with the TDi-RT-clone indi.

Can you please give an explanation on what all the components on dashboard on right mean and also all the different levels in the main window, I know one is rsi :-)

TIA
  • #245
  • Mar 8, 2017 4:10pm Mar 8, 2017 4:10pm
Quoting omi
Hi expo I am not familiar with the TDi-RT-clone indi. Can you please give an explanation on what all the components on dashboard on right mean and also all the different levels in the main window, I know one is rsi :-) TIA
Here is a basic overview of the TDI
Attached File(s)
File Type: pdf The TDI indicator - overview and settings.fxdaytrader.pdf   68 KB | 952 downloads

Here is a little more in depth explanation of each element. Starts on page 32
http://www.forexmt4.com/_MT4_Systems...mics/TDI_1.pdf

For the TDI anglelator on the bottom right, it basically tells you the trend for each tine frame as well as the RSI conditions and a little bit more. I suggest you take a look at the inputs, it is somewhat self explanatory. For example, why the different colors for each number. It relates to how oversold or overbought price is on that particular time frame. Just scroll through the inputs and it will become clearer.

Hope that helps
Pride always comes before destruction.... -Proverbs 16:18
  • #246
  • Mar 8, 2017 4:22pm Mar 8, 2017 4:22pm
Quoting Expo33
{quote} Here is a basic overview of the TDI {image} Here is a little more in depth explanation of each element. Starts on page 32 http://www.forexmt4.com/_MT4_Systems...mics/TDI_1.pdf For the TDI anglelator on the bottom right, it basically tells you the trend for each tine frame as well as the RSI conditions and a little bit more. I suggest you take a look at the inputs, it is somewhat self explanatory. For example, why the different colors for each number. It relates to how oversold or overbought price is on that particular...
TThanks Expo
  • #247
  • Mar 8, 2017 4:26pm Mar 8, 2017 4:26pm
Quoting omi
{quote} TThanks Expo
You're welcome. I should probably update post #1 with this info.

Also the second line with the different dot colors is related to the TDI separation strength
Pride always comes before destruction.... -Proverbs 16:18
  • #248
  • Mar 8, 2017 10:26pm Mar 8, 2017 10:26pm
Not much screen time today. Taking a little shot here

EUR/AUD 15MIN CWW
Attached Image (click to enlarge)
Click to Enlarge Name: 15.png Size: 69 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #249
  • Mar 8, 2017 11:21pm Mar 8, 2017 11:21pm
Another little scalp try

EUR/NZD 15MIN CWW
Attached Image (click to enlarge)
Click to Enlarge Name: ez.png Size: 73 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #250
  • Mar 9, 2017 12:47am Mar 9, 2017 12:47am
Quoting Expo33
Not much screen time today. Taking a little shot here EUR/AUD 15MIN CWW {image}
was tracking this one also but didn't manage to short it. Was good for 15-25 pips. I was thinking of starting a group chat for wolfe wave discussion so that i won't miss future setups like this. Already pmed you regarding this expo.

Anyone interested in communicating via whatspp? It's faster and real time.
  • #251
  • Mar 9, 2017 12:53am Mar 9, 2017 12:53am
Quoting CrocodileRex
{quote} was tracking this one also but didn't manage to short it. Was good for 15-25 pips. I was thinking of starting a group chat for wolfe wave discussion so that i won't miss future setups like this. Already pmed you regarding this expo. Anyone interested in communicating via whatspp? It's faster and real time.
Yea I moved my SL to BE and got stopped out.

I need to find some bigger time frame set ups where I can just set and let it go for awhile.
Pride always comes before destruction.... -Proverbs 16:18
  • #252
  • Mar 9, 2017 12:59am Mar 9, 2017 12:59am
Quoting Expo33
{quote} Yea I moved my SL to BE and got stopped out. I need to find some bigger time frame set ups where I can just set and let it go for awhile.
I have been looking at most setups here during these few days and noticed that they were mostly good for 10-20 pips depending on currency volatility.

What i do now is to set a fixed stoploss for certain pairs. E.G, eur/usd i would set a fixed 10 pips stoploss and take profit. For more volatile pairs like eur/jpy, i would maybe set a 11-12 pips stoploss depending on the fibs.

I think this is much better than targeting the EPA line.

Just my 2 cents.

here's one setup forming for aud/cad. 11 pips sl and tp.
Attached Image (click to enlarge)
Click to Enlarge Name: audcad-m15-international-capital-markets.png Size: 51 KB
  • #253
  • Mar 9, 2017 1:14am Mar 9, 2017 1:14am
Quoting CrocodileRex
{quote} I have been looking at most setups here during these few days and noticed that they were mostly good for 10-20 pips depending on currency volatility. What i do now is to set a fixed stoploss for certain pairs. E.G, eur/usd i would set a fixed 10 pips stoploss and take profit. For more volatile pairs like eur/jpy, i would maybe set a 11-12 pips stoploss depending on the fibs. I think this is much better than targeting the EPA line. Just my 2 cents. here's one setup forming for aud/cad. 11 pips sl and tp. {image}
Completely agree.

The smaller time frames especially are more like scalps. I am happy to make 30 pips a day.
Pride always comes before destruction.... -Proverbs 16:18
  • #254
  • Mar 9, 2017 1:17am Mar 9, 2017 1:17am
Time to change things up. Found what I call the anti Wolfe wave on a daily. Set and forget

NZD/CAD DAILY AWW
Attached Image (click to enlarge)
Click to Enlarge Name: nc.png Size: 86 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #255
  • Mar 9, 2017 1:36am Mar 9, 2017 1:36am
Hope this gets filled

EUR/JPY 1H CWW
Attached Image (click to enlarge)
Click to Enlarge Name: ej.png Size: 81 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #256
  • Mar 9, 2017 2:20am Mar 9, 2017 2:20am
Quoting Expo33
Hope this gets filled EUR/JPY 1H CWW {image}
Too bad it turned at 1.41. Again, good for 20 pips if you entered at 1.41. Did you manage to get in?
  • #257
  • Mar 9, 2017 2:32am Mar 9, 2017 2:32am
Quoting Expo33
Hope this gets filled EUR/JPY 1H CWW {image}
I refer you to my post yesterday (EURJPY H4) - sorry no chart, but it takes so long for my messages to appear. I've attached a pdf of my chart which does not conform to your template but you should get the idea...
Attached File(s)
File Type: pdf WW 9-3-17EJH4.pdf   115 KB | 424 downloads
  • #258
  • Mar 9, 2017 2:43am Mar 9, 2017 2:43am
Quoting CrocodileRex
{quote} Too bad it turned at 1.41. Again, good for 20 pips if you entered at 1.41. Did you manage to get in?
Ugh, no it missed the first filled position by 3 pips, now it's already headed 30 pips south. A days work missed

My fault, I had a feeling it wouldn't make it all the way there, almost scaled in earlier. Oh well, took some pips from NCAD. Long oil now on my regular trading account so don't want to trade against myself
Pride always comes before destruction.... -Proverbs 16:18
  • #259
  • Mar 9, 2017 4:50am Mar 9, 2017 4:50am
Followed EurAud post with loses up to 80 pips. Finally cut my lost of only 20 pips.
  • #260
  • Mar 9, 2017 5:18am Mar 9, 2017 5:18am
Any current EWCharts for USD/CAD ? A previous chart was invalidated with the break higher. ADP Employment figures out of the US on Wednesday were highly suspicious to me. I see a big revision coming to this number , wouldn't be the first time.

Regards,
"Define the risk OUT of your trade"--Mark Douglas
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