I found something that may or may not interest you since it is a little off topic: I also trade harmonic patterns - but usually only the Scott Carney "approved patterns" when they are very distinct, however if you look at the non-mainstream patterns ...

A new look at Wolf Waves

Hi ChicagoRob, I am very happy that you have had success with WW. Please feel free to post any promising charts, or even completed ones that we may have missed. I tend to concentrate on the one hour time frame since that is what I am primarily ...

A new look at Wolf Waves

Looks good wizlon. Many thanks for all your posts.

A new look at Wolf Waves

Thanks, I am actually still in that trade with the other 1/2 of my position, but I have moved the stop to .6830. I quite often use 2 brokers for the same trade.

A new look at Wolf Waves

Thanks, Wolfe Waves are not the only thing I trade, but I think I have traded approx. 14 or 15 WW (maybe more). Out of those, I have only had one outright loss and about 5 where I have closed the trade before the ultimate profit target was reached. ...

A new look at Wolf Waves

Update: Took 50% profit for 110pips. image ​

A new look at Wolf Waves

Here is a WW with an interruption between 1 &2. I don't know how it affects the validity. We will see. image I will wait until after Sunday afternoon ( when spreads settle and direction is clear) before I decide on a late entry. I didn't see this ...

A new look at Wolf Waves

Hi teatime, You have the right idea; however both of the charts you posted are more or less horizontal patterns which are technically not wolfe Waves. I looked at these myself earlier and rejected them for this reason. The second chart actually ...

A new look at Wolf Waves

Thanks for the good explanation for umpats, wizlon. I've been slacking off lately because the weather has turned great so I had to be outside. It's well after midnight now so I'll say good night.

A new look at Wolf Waves

Welcome teatime. I hope you will post any WW that you find. Don't worry if they are not perfect if you don't mind helpful suggestions.

A new look at Wolf Waves

Hi umpats, 3 out of 4 is great. I'm a little confused with your charts. Maybe use light colored lines to outline the wedge shape, or indicate where the count started (it should start from the top on an up sloping pattern). Thanks for posting.

A new look at Wolf Waves

Nice call Dan, It's already at the point 4 horizontal. I've got to start looking more closely. I completely would have missed this one if you hadn't posted.

A new look at Wolf Waves

Nice one wizlon. It's still going.

A new look at Wolf Waves

From the Bill Wolfe PDF, I do like the idea of being prepared to take profit at the horizontal from point 4. This chart shows the advantage, where price stopped at that point and did not continue to the target. image

A new look at Wolf Waves

Hey Wizlon, This is the top of the wave you just posted - for another 4,000 or so pips. I know it is one of my coyote or PK waves (horizontal), but it looks nice. image Maybe I shouldn't be posting non conforming waves - it may confuse people.

A new look at Wolf Waves

Wow, You guys are getting way ahead of me. Great work !!! I'm going to have to take WW more seriously. I just finished reading the latest PDF and the recent posts. It seemed so simple when I started this thread, but several new concepts are creeping ...

A new look at Wolf Waves

I tend to agree with you Dan, however Linda (friend of Bill Wolfe) illustrates a couple of megaphone patterns in her PDF in the first post. I would only disqualify this pattern because point 5 never reached the top trend line (if it is drawn from ...

A new look at Wolf Waves

You are catching several good ones. Thanks for all your contributions.

A new look at Wolf Waves

Interesting monocor, What ever works is fine. I usually take 1/2 profit at estimated 1/2 way to target, but yours looks like a good plan.

A new look at Wolf Waves

Good one JohnnyR Looks like it made it about 1/2 way (approx 70 pips) which is where I would have taken my first profit.

A new look at Wolf Waves