within 0.7 of initial target, temp drawdown 0.5, 1:4.3. Targets are never exact, it does happen, but I find it's best to pull out of a trade slightly earlier.
here's another of those tiny free sites:- <a href="http://www.wolfcharts.com">http://www.wolfcharts.com</a> I always thought it was wolfE but there you go.
I recently discovered that wolfcharts.com on the internet too. I'm currently testing it. In your experience, how reliable is it? I'm new here at Elite trader and I'm finding a lot of good information already. I just wished there was more respect from other traders and less of the bashing. I've especially liked those links that have video on them - it's way easier to follow. Looking forward to more GOOD information.
I have (took) the original Wolfe Wave course in the 90's and it is still the same. But this site is NOT even close in explanation. WW works quite well and it is a good trick to know.
Thanks for your reply. It would be nice to get more info on the wolfe waves. PM me if you care being labelled in this thread - otherwise, it would be nice to see more of your post in here for the benefit of traders that would like to expand their knowledge.
I tried WW for some time now, tried to discuss it here but... However... I'm trading stocks and index options and I think WW is a good tool in the box. As far as I could see, combining a hidden divergence on macd his' or stoc' gives you a better entry signal when trying to identify the false breakout. Combining the signal with volume patterns, if available, is even better. Good Luck.
I do not know if this was toward me? But I am not spamming anyone on anything. I was just replying to this thread
I will try to post some wolfewaves on this thread (when I get a chance). Has anyone on here actually taken the course?