Wolfe Waves - Page 19

leutzuro · #**181** (**permalink**) 05-13-2007, 08:18 PM

Quote:

Originally Posted by dorrtaj

its true?
please help me

yes is good setup

leutzuro · #**182** (**permalink**) 05-13-2007, 08:22 PM

also you can interpret this chart like this

dorrtaj · #**183** (**permalink**) 05-14-2007, 05:27 AM

Quote:

Originally Posted by leutzuro

also you can interpret this chart like this

tnx leutzuro for help me . I buying GBP/USD in 1.9843

dorrtaj · #**184** (**permalink**) 05-20-2007, 05:38 AM

this pattern is very nice !

leutzuro · #**185** (**permalink**) 05-20-2007, 06:55 AM

practice more an will be easy to trade forex
aply money management and risk reward ratio
also look for divergence
you dont need to much on your chart to be able to make some easy money

have the best

dorrtaj · #**186** (**permalink**) 05-20-2007, 09:27 AM

Quote:

Originally Posted by leutzuro

practice more an will be easy to trade forex
aply money management and risk reward ratio
also look for divergence
you dont need to much on your chart to be able to make some easy money

have the best

this line is divergence?
sl:1.2305
tp:1.2170

leutzuro · #**187** (**permalink**) 05-20-2007, 09:18 PM

yes is divergence
what i use is stochasit oscilator and RSI sometime, but almost of the time i use stochastic oscilator with standard setup but you can use what you like

Weaver · #**188** (**permalink**) 05-23-2007, 11:52 PM

Quote:

Originally Posted by leutzuro

yes is divergence
what i use is stochasit oscilator and RSI sometime, but almost of the time i use stochastic oscilator with standard setup but you can use what you like

I mainly trade equities but the information here at forex is worth the read.

__________________________________________________ _____________
Leutzuro,

What numbers do you use for slow stochastics?

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Which one is more common, the 127% or the 162% Fibonacci extention for the Bullish Wolfe Wave #5 entry?

__________________________________________________ _____________

Would it be better to wait for panic selling to occur, have a recovery rally, and false breakdown (bear trap/shakeout) to pierce wave #5?

__________________________________________________ _____________

I'm new here and am curious why some of Clam61's post are not visible.

leutzuro · #**189** (**permalink**) 05-24-2007, 07:51 AM

Weaver
I use standard setup 5.3.3 for stochastic

Weaver · #**190** (**permalink**) 05-24-2007, 07:55 AM

Thanks for your reply Leutzuro.

What do you think of slow stochastics with setting of 21/7/7?

The attached file has a standard Stock Chart slow stochastics.

I'm getting mixed signals on this stock and would like to see another trader's perspective on this.