wolffarchitecture

wolffarchitecture Updated 

This is Purely for the Elliott enthusiast, feedback welcome: Personally I wouldn't mind if the world CRASHES, but that is NOT what I am seeing: I would rather make money. I SEE: Inflation priced in, FED rate hike priced in, WAR priced in, Russian sanctions priced in . Did forget anything? . Baring another catastrophe I see market beginning to turn. I don't...

wolffarchitecture

Which one ? ... I don't know. But my general feeling is we are nearing a turn.

wolffarchitecture

Likely to have one more dip lower to complete wave-2. SEE chart for more explanations. 3/21/22 is the spring equinox as well as a major put option expiration date for the dealers/ banks

wolffarchitecture

It appears with this count EURUSD is AT or close to turning around toward the upside. Most likely one leg lower to the downside then up to complete Supercycle X-WAVE triangle

wolffarchitecture Updated 

So far its all been about the 2,750 level, and so far solid support has not yet materialized (although close) Will add to long positions after this support structure has been proven. Meanwhile we have been involved with some small/test Short positions. see recent posts. Typically these are kept private for my use only as a journal, but this weekend decided...

wolffarchitecture Updated 

NO trade setup here YET, The past couple hours Look corrective so preparing for a SHORT. But no Entry Yet. IF Support on the 2,750 is Confirm will switch to LONG

wolffarchitecture Updated 

I am taking aa few small intra-day short position as part of a follow-up to a small LONG position which was stopped out. Overall Still LONG on ETHUSD

wolffarchitecture Updated 

Based on Elliott wave principles, looking to add to Long position. Short/ Medium term LONG.

wolffarchitecture Updated 

Possible Pullback/ short IDEA for EURUSD. Upward a-b-c- wave move appears to be corrective Divergence on indicators. Monitor closely at lower time frames. Invalidated if new high is reached. To trade please WAIT patiently for conformation / break out / resistance from the bottom trendline.

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LONG in the short-term. Let see if BTCUSD can pull a C-wave like LCID did today, (which has a similar corrective count). We have been working with this X-Y_Z (3-3-3) flat correction bearish count for a while. Trade you plan, do not change your plan or idea based on this chart. Be very careful and do not leverage

wolffarchitecture

First have a plan, have a journal then trade it. Don't change your plan because of what you see on this chart .... everyone's plan is different Trade management is were you make your money even a mistaken trade idea managed correctly breaks even.

wolffarchitecture

First have a plan, have a journal then trade it. Don't change your plan because of what you see on this chart .... everyone's plan is different Trade management is were you make your money even a mistaken trade idea managed correctly breaks even.

wolffarchitecture

This is my risk management thoughts they may or may not work for you. not financial advice

wolffarchitecture Updated 

This is an example of an Elliott price conformation pattern. Not always this detailed, but this is a good general check list. Not sure this particular set-up will develop but monitoring its progress

wolffarchitecture Updated 

Indices and Microsoft appear to be in a corrective triangle/ ending diagonal correction pattern. Microsoft is one of my favorite stocks, will be short moving down, looking to transition into a long position at one of the designated levels. See Chart. This is my personal plan and it may not work for you and your risk management style. Recommend you create your...

wolffarchitecture

Wave-4 triangle patterns are notoriously difficult to risk manage, and you often get it wrong. I did a little more work on an alternate count. This chart shows a 3-3-3-3-3 triangle.

wolffarchitecture

Wave-4 triangle patterns are notoriously difficult to risk manage, and you often get it wrong and I hold several different counts. I did a little more work on an alternate count. This chart shows a 3-3-3-3-3 triangle which is a bit more bullish that the 5-3-5-3-5 triangle pattern on previous posts. The problem is the NAS100 and the SPX500 look slightly different.

wolffarchitecture Updated 

Todays rally up to the level was expected (see previous post) Now looking short after conformation set-up, and plan to continue Short. changing to long position at one of the arrows shown on the Chart.\ This is my personal trading/ risk management plan, all trade need conformation before execution This may not work with your style of risk management. Trade your own plan.