What has worked for me--Wolfe Waves

[peto]

Perhaps he's going to clam up?

 

[jacinto]

could it be or not?

 

[jacinto]

could it be or not?

now short at 40, 15 pip stop

looking for 9690

 

[jacinto]

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 😀 )

 

[jacinto]

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 😀 )

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

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.

 

[jacinto]

obviously missed this one.....that white trendline looks like stiff resistance though if anyone wants to surf this one

target hit

 

[jacinto]

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]

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]

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

 

[bombettor]

anyone still trading wolfe waves?

 

[prst]

anyone still trading wolfe waves?

yes we still do..
we use it for equities. not futures.