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W-M Pattern breakout Strategy

Posted: Thu Dec 02, 2021 3:06 am
by sal
hi traders/experts
W-M Patter strategy ideas and discussions can share here!

Re: W-M Pattern breakout Strategy

Posted: Thu Dec 02, 2021 3:47 am
by josi
Forming right now. may be stopped by MA200-channel, though.
First attempt seems to be rejected.
We'll see...

Re: W-M Pattern breakout Strategy

Posted: Thu Dec 02, 2021 3:53 am
by vvFish
;)

Re: W-M Pattern breakout Strategy

Posted: Thu Dec 02, 2021 4:37 am
by DVanAssen
[quote=sal post_id=1295451952 time=1638374795 user_id=4865228]
hi traders/experts
W-M Patter strategy ideas and discussions can share here!
Image

[I have a mate who trades gold professionally for a large bank. He uses this strat daily time frame entering on H1/4 only and uses line graphs NOT candles. He swears by this strat and uses nothing else

Re: W-M Pattern breakout Strategy

Posted: Thu Dec 02, 2021 4:40 am
by Meyney
sal wrote: Thu Dec 02, 2021 3:06 am hi traders/experts
W-M Patter strategy ideas and discussions can share here!
Image
I smell pullbacks and trendlines ;)

Re: W-M Pattern breakout Strategy

Posted: Thu Dec 02, 2021 5:11 am
by sal
Meyney wrote: Thu Dec 02, 2021 4:40 am I smell pullbacks and trendlines ;)
here its zig zag identity
log this highlowindicator

Re: W-M Pattern breakout Strategy

Posted: Thu Dec 02, 2021 5:20 am
by sal
DVanAssen wrote: Thu Dec 02, 2021 4:37 am
do you mean this way!!
H1

Re: W-M Pattern breakout Strategy

Posted: Thu Dec 02, 2021 6:44 am
by Meyney
sal wrote: Thu Dec 02, 2021 5:11 am here its zig zag identity
log this highlowindicator
Image
zoom out and try to spot the action/retrace this is key, MA's will help a little bit if you can not spot it

Re: W-M Pattern breakout Strategy

Posted: Thu Dec 02, 2021 6:45 pm
by Meyney
sal wrote: Thu Dec 02, 2021 5:11 am here its zig zag identity
log this highlowindicator
Image
I see...I call this ABC correction