What has worked for me--Wolfe Waves

jacinto said:
now short at 40, 15 pip stop

looking for 9690


exit now out of this one at 9720. price action just above 9700 not very nice.

wave took a long time to go down, so discarding it. (famous last words :D )
 
jacinto said:
exit now out of this one at 9720. price action just above 9700 not very nice.

wave took a long time to go down, so discarding it. (famous last words :D )

shouldnt have closed. took a massive 20 pips out of a 130 pip move. :eek:

chart updated. this one hurts. my reading of price prior to closing was, to say the least, terrible.
lets see if i learn my lesson.
 
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obviously missed this one.....that white trendline looks like stiff resistance though if anyone wants to surf this one

target hit
 
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three setups at once

pitchfork for long

123 for long on daily

wolfe wave....better seen on a 60 minute chart. i am long from 30 with a now 20 pip stop.

targets for pitchfork and 123 are basically the same.....fib expansion describes it
target for WW, in theory 9600

j
 
jacinto said:
three setups at once

pitchfork for long

123 for long on daily

wolfe wave....better seen on a 60 minute chart. i am long from 30 with a now 20 pip stop.

targets for pitchfork and 123 are basically the same.....fib expansion describes it
target for WW, in theory 9600

j

price hit target line, so target met.
 
jacinto said:
three setups at once

pitchfork for long

123 for long on daily

wolfe wave....better seen on a 60 minute chart. i am long from 30 with a now 20 pip stop.

targets for pitchfork and 123 are basically the same.....fib expansion describes it
target for WW, in theory 9600

j

WW theoretical target met
 
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