Hi juicyt, the screenshot you showed is not a correct setup of wolfwave. You will see the lines are connected are wide opened like a woman's legs . The lines should be closing instead. Look at my screenshot.

Mechanical trend trading

here is a nice setup that I have spoted. I will pull the trigger at 123.00 if price retraces to that level.

Mechanical trend trading

This is another wolf wave setup with audjpy on the 1 hr chart that I have spoted...

Mechanical trend trading

I have also spoted a wolf wave setup with ej on the 4hr chart, I still didn't secure any profit on this one, the price moved almost to 1:1 RR but not there yet. the price must break the up trendline connected between 2 and 4. The setup showed on a ...

Mechanical trend trading

Hi guys, I am back to trade again after busy work. I was looking at my charts and found this set up for gu.

Mechanical trend trading

I have done some reading about wolfwave setups for the past 2 days and looks very effective. I will defenately will add this to my tool box. What I will do is that when I spot a trend either on daily or 4 hr chart then I will wait for the price to ...

Mechanical trend trading

i have misssed about couple of days due to work. I need to do some catching up.....

Mechanical trend trading

the retracement to the .07000 will be a great entry, you can also look for a breakout entries from the retracement that will either form in a tunel(channel) shape, some times it forms a penant(triagle) or an M or W shapes. Look for a breakout from ...

Mechanical trend trading

Here is a long opportunity with aud/usd if price retraces to the 50% fib level @0.8900 or the price can take off to higher levels. The main downtrend has broken and looks like the pair is making HH since the break and if the price retraces to the ...

Mechanical trend trading

Look at the 2 screenshots. broken trendlines

Mechanical trend trading

I think there is a trend change, the usd/chf has broken the uptrend and also usd/cad as well. The rivals to those 2 pairs eur/usd also has broken the downtrend and and probably will head north if it is not a faulse break. I think a week or 2 weeks ...

Mechanical trend trading

Ok so most major pairs are in tight ranges just consolidating for the past day or so, due to long weekends in the UK, Canada, US and China. I went to my Chinese massage therapist today and she told me that it is the Chinese new year and gave me some ...

Mechanical trend trading

I like this setup. I have indicated 2 types of entries, the first entry is 5-10 pips below 50% (89.50, 89.40) and the 2nd entry is at the break of that uptrend channel and it looks like around 88.50 88.25(on the chart will show 88.75, I am ...

Mechanical trend trading

Here is a nice breakout strategy, it is more conservative entry, I use to follow this kind of entries in the past but I got more confidence with my aggresive entries. For example when the 4 hour trend breaks then only look entries to the direction ...

Mechanical trend trading

No don't feel that way, as I can see your English is not bad at all.....

Mechanical trend trading

Hi Billy, what I mean is that the markets are not moving at all and very slow price action. The meaning of snooze is to take a brief light sleep, so the markets are taking a brief light sleep (resting).. Here is Canada it is the long weekend, it is ...

Mechanical trend trading

what a snoozer

Mechanical trend trading

Guys JuicyT have posted the pdf file that I was talking about above on post 196. Thanks to Matt for his hard work.

Mechanical trend trading

I like the resistance area on this one. There is a rising bearish wedge and hoping the price will break through that wedge for lower areas so I can collect some micro profit . I was able to get in to this trade last friday with my micro account ...

Mechanical trend trading

Paulus here is the same setup I posted prev, this one is with using timelines, #2 line lined up with the falling trendline. I am not sure if I have ploted the timeline correctly but I will do a study on the time lines when I have that free time.

Mechanical trend trading