csn

Oh boy, this must be price action at its finest. No indicators, clear chart and pure price action. Nope, the thick white one is 200 EMA, but that is to track longer term trend and has nothing to do with Wolfe Waves. Can be removed as well.

Great to see that this setup actually approaching the target despite retracing enough to render the setup invalid. But once again, as I told you, the punchline for Wolfe Wave should be "Stop at Nothing! "

How much points did I make? HAHA, I marked it and forgot it once again.

Even If I traded, should have stopped out at the horrific retracement. So, at least I have saved some money here.

caspital

does this apply to forex only or did anyone ever used that with stocks too ?

csn

Quote:

Original posted by caspital at 10-10-2009 07:30
does this apply to forex only or did anyone ever used that with stocks too ?

Go through the charts that I have posted here and you will come to know that I have traded WW successfully for forex and precious metals(with my fair share of failed Wolfe Waves, of course). Bill himself trades S&P500 contracts, so works for futures as well.

I have never traded stocks with Wolfe Waves myself, but I I have seen precise WW set-up in several stock charts.

csn

(Click to zoom in)

This one set up in EURGBP H4 chart. This one was special because I have got one bearish Wolfe Wave correct after long time. Many bearish ones are screwed. Heck, there no point crying but it certainly hurts when one good set up for which you have waited so patiently finally goes bad.

The target is not hit untill now, but the 200 EMA sucks prices towards it like a pump. So sooner or later, the markets are bound to test 200 EMA and thus hitting the target line.

But, there are no "must" and "will" in the market. If the target is not hit,  my trailing stops will come handy!

beautifultom

Thanks for the feedback

kanatoto

Thank you

csn

Quote:

Original posted by beautifultom at 23-10-2009 22:47
Thanks for the feedback

Hello Beautifultom, good to see you. You are welome.

You too are welcome, kanatoto.

liggy002

Looks nice, seems like a great strategy.... I will look into it.  Thanks for the post.

honeycruz

Simulation pret immobilier
I guess there is only one basic course that has not been revised since it was originally written.  So is the advanced course just the faxes?  If this is true, then it seems what you have contributed is both the basic and the advanced course.  If so, would it be possible to get just teh advanced course for a discounted price?

csn

First of all, don't spam. Spamming is a lousy habit and that too in your first post here ?!

You have no money, and you are asking for a reduction of price?

Go earn some VM and then come back.

[ Last edited by csn at 23-12-2009 04:15 ]