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Wolfe Waves Paterns
- Thread starter gpgpgod
- Start date
gpgpgod asks
"do you use close or high/low for the pattern?
what is the best time frame for it?"
I use the "reversal zone" ie depending on prior line up of price action this will be price extreme or close or open.
Patterns occur in every timeframe for the WW. There isn't a "best one", just use what you are working with now.
Don't respond to smart alex posts. This is a powerful technique that is well worth investigating and I can tell you it's worthwhile journey. It's not simple trendlines or flag patterns - there's lots more to it.
"do you use close or high/low for the pattern?
what is the best time frame for it?"
I use the "reversal zone" ie depending on prior line up of price action this will be price extreme or close or open.
Patterns occur in every timeframe for the WW. There isn't a "best one", just use what you are working with now.
Don't respond to smart alex posts. This is a powerful technique that is well worth investigating and I can tell you it's worthwhile journey. It's not simple trendlines or flag patterns - there's lots more to it.
The last time I looked, a few years ago, I pretty much figured a wolf wave is simply the testing pullback after a trend line break.
Just send your checks to my Bahama P.O. address please.
Just send your checks to my Bahama P.O. address please.
Quote from bobnat:
There are a couple of in-depth discussions with plenty of charts on WW on two other large forums, both of them being Forex forums. I'd name them, but I'd probably get banned. Do a search on Google and you'll find them...
Agree and they are in-depth discussions.
In fact, I remember one guy posting his p/l statement (consistently profitable) while saying his profits was via using this pattern.
However, I don't know if he took the course or was able to figure out the pattern on his own via the in-depth discussions.
Simply, its obvious so far ET is not the place to talk about this pattern based upon many posts in this thread.
gpgpgod, don't give up and do the search at Google, you'll find those using and discussing the pattern without the bashing.
However, keep in mind its just like anything else...
There are some that saids it works and others that say it doesn't works.
Simply, the key is either the trader and/or the trade management after entry.
Mark
Slap a really cool name like wolfe on a trendline and charge $3000...
tis the season for folly
tis the season for folly
Quote from gpgpgod:
Many thanks for all the support from:
Yoohoo
NihabaAshi
bobnat
I have no intentions of giving up this study.
for those who think it worthless well, i would expect you to establish your argument rather than get your shite...that is if you are any good at this.
Nobody said it was worthless... just ridiculously overpriced
The fact that you don't get that and had barely posted before this makes me suspicious of spam