Greetings JohnnyR, Your 5 min chart was nice for a quick run, but I think it may have been one of my Coyote waves (which is fine) because point 3 should be below point 1. But hey, it worked just as several of my early ones did. The 15 min chart ...

A new look at Wolf Waves

Looks like the USD/JPY trade is working well. I've taken the first profit off and waiting for the target to close the balance.

A new look at Wolf Waves

I checked out autochartist rising and falling wedges on Oanda and it was interesting. If you redraw the lines they have, a couple of their failed patterns on strictly wedge patterns, they were actually successful patterns if you drew them as Wolfe ...

A new look at Wolf Waves

That seems to be a good site and will add it to post 1 Thanks, Wizlon

A new look at Wolf Waves

My interpretation of the USD/JPY - probably works either way. Careful with Sunday patterns though. image The gold pattern was good - I never look at the monthly.

A new look at Wolf Waves

Sorry Wizlon, I've been away for a couple of days. Yes, it looks good and someone posted a while back that the points often correspond with Fib levels. I really haven't looked into it before. I have actually been looking for Wolfe Waves in stocks ...

A new look at Wolf Waves

Thanks, Wizlon, Poocher and Masilva for continuing to contribute. I thought I would let the markets settle after the FOMC news and the resulting strong moves. The opportunities for Wolfe Waves dried up some what since WW depends on a bit of ranging ...

A new look at Wolf Waves

I know this is closing time, but I have one broker showing 250 spread and another 338 on EUR/SEK. LOL

A new look at Wolf Waves

No, nobody's posted this. I am just using the PDF I have posted to post #1 I am a bit hesitant about downloading from "niftypundit" with their multi step process and due to my last experience (not with them) where I ended up with unwanted programs ...

A new look at Wolf Waves

Wizlon, How do you trade these exotics with a spread of about 120 pips? I see the pip value (Cdn) is only 0.15. Do you just use ten times the position size? Thank god for stops (USD/CAD). Got stopped for a good profit, I only wish I had reversed the ...

A new look at Wolf Waves

A little flat, but I'm OK with it

A new look at Wolf Waves

Yes, that's what it means. There was one of the examples (actually 2) on the PDF that was a megaphone. (the last one and third to last).

A new look at Wolf Waves

I'm not seeing many good patterns the last couple of days, then again, I haven't looked very hard.

A new look at Wolf Waves

I dropped the AUD/USD down to H1 for a better look. It has the same kind of double point 5 that I tried to trade earlier - and didn't work well (BE). It is also a megaphone pattern which I am not keen on but the original PDF shows as OK. image

A new look at Wolf Waves

Looks OK to me. What pair - TF is it?

A new look at Wolf Waves

Canadian dollar is similar. It also moves with oil prices. I moved the stop again to 1.3335 to lock in about 120 pips. I hope you did well on the NOK.

A new look at Wolf Waves

Moved the stop again on USD/CAD to 132.85 to lock in 71 pips. I normally don't move the stop so frequently, but this one is certainly trying to fake us out.

A new look at Wolf Waves

I had a trailing stop on the AUD/USD because it was a bit questionable setup and I got stopped out at -2 pips. C'est la vie. Watching the hockey game now, so I'll take a break.

A new look at Wolf Waves

This one might be OK, although it is more of a triangle. I don't know whether the double dip at point 5 invalidates the pattern. image It's hard giving setups during the Asian session - they tend to drift sideways. There are a few pairs doing that ...

A new look at Wolf Waves

Moved my SL on USD/CAD to 132.52

A new look at Wolf Waves