Wolfe Waves - Get in the Zone

Quoting Uturn2

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USDJPY 1H Chart: Short 109.27 [Spotted it on mt4] Cheers, U2 {image}

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Quoting dexterous

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Let's watch this {image}

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Quoting Expo33

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I didn't take this trade but a beautiful example of perfect AB=CD symmetry. Just barely convergent, but a still a WW. A nice crisp TDI cross as well. AB and CD both took 7 candles to move exactly 52 pips EUR/GBP 1H CWW {image}

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Quoting jonirrenicus

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{quote} Allow me to call you master of pips! Great CWW ever! AB=======CD with no difference at all! {image}

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Quoting Expo33

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A good example of a valid WW with absolutely horrible symmetry. AB=CD is in no man's land, and we don't have any meaningful previous S/R in the near past. To trade or not to trade? We have a TDI cross and multiple rejections at the 261FIB. Other than that, we have a huge sweet zone and we are dealing with a volatile pair. Small position with large stop above 261FIB or pass on this trade? One of the reasons I like trading WWs is that there are many other opportunities developing 24/7 so we don't have to force trades. GBP/AUD 4H CWW {image}

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Quoting jonirrenicus

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{quote} Don't take that, cause GBP is crushing AUD....how to say that? over beated? over beaten? over beating? {image} A mistake will never be made again...look at this I Stopped out 3 three times... {image}

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Quoting Expo33

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{quote} I didn't take this trade, just wanted to show an example that emphasizes the need for patience. It still may end up a winner but there are plenty of other fishes in the sea.

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Quoting jonirrenicus

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yes let's make WW method better & bette

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Quoting jonirrenicus

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Anti-ww

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Quoting poruchik

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{quote} What is

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Quoting Expo33

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{quote} Hi Poruchik. An "Anti Wolfe wave" has the same structure as the classic Wolfe wave except that it is divergent. For example, line XB and line AC are diverging instead of converging. It does NOT fit the definition of a classic Wolfe wave, hence the name "Anti" Wolfe wave. I am going to remove the Anti WW from the first post and the thread as it's basically causing confusion. I should have never added it in the first place. Better we all just focus on the one classic structure as defined by Mr. Wolfe himself. Hope that helps. Cheers, -Kurt...

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Quoting CrocodileRex

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{quote} yes, you should never include that at the first page kurt. Got me confused for a while there. But it's all good. I am back to classic wolfe waves now.

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Quoting CrocodileRex

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Been a while since i traded wolfe wave and first one is a victory. No surprise here. Classic WW. {image}

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Quoting Expo33

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{quote} Not sure if you have been keeping up to date on all of the new posts, but in case you haven't, "parviz1953" has blessed this thread with an amazing WW indicator. If you haven't tried the newest version, it's on post #1 It allows you to scan thru all time frames. It has multiple zig zag settings, instant fibos for every leg, both sweet zones, inputs to change colors, and the ability to choose completed and/or potential waves. An awesome tool. Let the indicator find the waves then use your filtering system to sift thru and find the best possible...

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