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Wolfe Waves - Get in the Zone

  • #741
  • Apr 13, 2017 5:18am Apr 13, 2017 5:18am
Quoting Expo33
{quote} I think TPs really depend on the individual's risk profile but in post #1 I posted a generic TP diagram that I use for higher timeframe trades that have multiple scaled in positions.

Thank you, well noted.

IS the trade still active on GBPJPY 4hr TF?
Cheers!!
  • #742
  • Apr 13, 2017 6:57am Apr 13, 2017 6:57am
hi parviz, chart name and time frame is missing in alert system
  • #743
  • Edited 7:30am Apr 13, 2017 7:19am | Edited 7:30am
Quoting jonirrenicus
{quote} thanks! get it! sometimes i have problem to identify X point, do u have any idea which one is X in below pic? {image}
Hi :
The pictures that you share, lacks the information about pair name, and timeframe, even we have no idea in this picture , what is the ExtDepth of the zigzag.
Anyhow to me none of them can make a valid CWW, but interestingly you see a very nice classic a bearish Head & Shoulder pattern .
  • #744
  • Apr 13, 2017 8:28am Apr 13, 2017 8:28am
Quoting PipsMaster23
{quote} Thank you, well noted. IS the trade still active on GBPJPY 4hr TF?
For now the orders are still active.

However, the longer this D leg drags out, the worse the symmetry becomes between AB and CD. There will always be differing viewpoints (which is a good thing) as to when a wave becomes invalid. Obviously there is going to be quite a bit of subjectivity when it comes to trading the WW. If it doesn't play out soon, I may just scrap the set up. There are always plenty of other opportunities.

Cheers
Pride always comes before destruction.... -Proverbs 16:18
  • #745
  • Apr 13, 2017 8:45am Apr 13, 2017 8:45am
Quoting parviz1953
{quote} Still on rare occasions was drawing, anti WW as CWW, i hope it is fixed now. (I am really surprised, doesn't anybody notice that to report, or doesn't care.. ??) {file} Edited: Please download it again...{file}
Finally have had a chance to put in some screen time and use your indicator. I am truly grateful and impressed. The indicator is so versatile too. Really a great work!
Pride always comes before destruction.... -Proverbs 16:18
  • #746
  • Apr 13, 2017 8:50am Apr 13, 2017 8:50am
Quoting Expo33
{quote} Finally have had a chance to put in some screen time and use your indicator. I am truly grateful and impressed. The indicator is so versatile too. Really a great work!
Thanks
  • #747
  • Apr 13, 2017 10:08am Apr 13, 2017 10:08am
Quoting iffikhan
hi parviz, chart name and time frame is missing in alert system
Thank you very much sir for the feedback, problem fixed.
Attached File(s)
File Type: ex4 parvizCWW v7.4.2.ex4   51 KB | 373 downloads
  • #748
  • Apr 13, 2017 10:27am Apr 13, 2017 10:27am
Hi Parviz,
Just wanted to say thank you for all the work you are putting in, to help us all make some pips
  • #749
  • Apr 13, 2017 10:36am Apr 13, 2017 10:36am
can anyone explain this set up to me???
Attached Image (click to enlarge)
Click to Enlarge Name: EURJPY_4hr.PNG Size: 43 KB
Cheers!!
  • #750
  • Apr 13, 2017 10:47am Apr 13, 2017 10:47am
Quoting PipsMaster23
can anyone explain this set up to me??? {image}
What do you want to know about it, D(5) has passed the sweet zone and entered what i was calling 2nd sweet zone, if you go back over my previous post, there was a lot of discussion about it. You want to consider it as a valid CWW or not, that is your choice, i have let the user to decide .
  • #751
  • Apr 13, 2017 10:51am Apr 13, 2017 10:51am
Quoting Guran01
Hi Parviz, Just wanted to say thank you for all the work you are putting in, to help us all make some pips
Thanks buddy ....
  • #752
  • Apr 13, 2017 12:12pm Apr 13, 2017 12:12pm
entered long at current levels... lets see!
Attached Image (click to enlarge)
Click to Enlarge Name: GBPJPY_4hr entry.PNG Size: 50 KB
Cheers!!
  • #753
  • Edited 7:26pm Apr 13, 2017 5:19pm | Edited 7:26pm
Activated 2 positions manually on the GBP/JPY 4HOUR.

Interesting to see a smaller WW on the hourly. I think this scenario adds a nice layer of confluence to the trade. However, with all of the geopolitical risk in the air, the next bomb to drop could easily blow this trade up.

GBP/JPY 4HOUR CWW (trade levels shown)
Attached Image (click to enlarge)
Click to Enlarge Name: gj4h.png Size: 107 KB

GBP/JPY HOURLY CWW (trade levels not shown)
Attached Image (click to enlarge)
Click to Enlarge Name: gjhourly.png Size: 72 KB
Pride always comes before destruction.... -Proverbs 16:18
  • #754
  • Apr 13, 2017 9:18pm Apr 13, 2017 9:18pm
Quoting Expo33
Activated 2 positions manually on the GBP/JPY 4HOUR. Interesting to see a smaller WW on the hourly. I think this scenario adds a nice layer of confluence to the trade. However, with all of the geopolitical risk in the air, the next bomb to drop could easily blow this trade up. GBP/JPY 4HOUR CWW (trade levels shown) {image} GBP/JPY HOURLY CWW (trade levels not shown) {image}
Things are different on my chart, but the result is almost same.

Buy @ 136.28
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 127 KB
No one wants to be defeated~
  • #755
  • Apr 13, 2017 10:19pm Apr 13, 2017 10:19pm
Quoting parviz1953
{quote} Thank you very much sir for the feedback, problem fixed. {file}
Thanks it now can detect more than 70% of the good set up!

One more thing, if you have time could you pls. remove the zigzag line? because we already have zigzagpips indi on the chart...

or may be you can combine zigzag pips with this indi, so we don't need zigzag pips indi anymore...
No one wants to be defeated~
  • #756
  • Apr 14, 2017 12:02am Apr 14, 2017 12:02am
Quoting jonirrenicus
{quote} Thanks it now can detect more than 70% of the good set up! One more thing, if you have time could you pls. remove the zigzag line? because we already have zigzagpips indi on the chart... or may be you can combine zigzag pips with this indi, so we don't need zigzag pips indi anymore...
Now, you have this option in the input setting.
Attached File(s)
File Type: ex4 parvizCWW v7.4.3.ex4   51 KB | 585 downloads
  • #757
  • Apr 14, 2017 12:40am Apr 14, 2017 12:40am
Quoting parviz1953
{quote} Now, you have this option in the input setting. {file}
another problem...sorry....

pls. make it search potential CWW by default, no body care about complete CWW, right?

thanks again!
No one wants to be defeated~
  • #758
  • Apr 14, 2017 1:25am Apr 14, 2017 1:25am
Quoting Expo33
Activated 2 positions manually on the GBP/JPY 4HOUR. Interesting to see a smaller WW on the hourly. I think this scenario adds a nice layer of confluence to the trade. However, with all of the geopolitical risk in the air, the next bomb to drop could easily blow this trade up. GBP/JPY 4HOUR CWW (trade levels shown) {image} GBP/JPY HOURLY CWW (trade levels not shown) {image}
Gj is going down to 135.00. Don't buy now
  • #759
  • Edited 2:27am Apr 14, 2017 1:49am | Edited 2:27am
Quoting dexterous
{quote} Gj is going down to 135.00. Don't buy now
My buy orders have been waiting all the way down to 136.13 with stops below 136 per my previous post on the 4H CWW set up. Symmetry isn't great but the wave is valid and now my orders are being fillled

Do you have any analysis or a chart supporting your assumption?
Pride always comes before destruction.... -Proverbs 16:18
  • #760
  • Apr 14, 2017 2:59am Apr 14, 2017 2:59am
Quoting Expo33
{quote} My buy orders have been waiting all the way down to 136.13 with stops below 136 per my previous post on the 4H CWW set up. Symmetry isn't great but the wave is valid and now my orders are being fillled Do you have any analysis or a chart supporting your assumption?

Yes, its an uncomfortable trade due to all the geopolitical factors surrounding this pair.... what are your TPs, if i may ask?
Cheers!!
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