[perfectzero]

Suri,

Thanks for the reply. I copied a couple of charts. They have changed now but I have having trouble attaching them. Tried using both internet explorer and firefox. I'll look into why it won't let me attach and repost.

Thanks

[Mel_Function]

Hi,

found this thread yesterday and today I've searched and painted my first WW's in my Charts. Here is an german FDax Chart. Would love to hear your opinion and tipps what I can do better. Also I would like to hear how you handle your WW patterns in 5-10 minute Charts. Do you only trade the first WW pattern that forms or do you "rebuilt" it later in the trading day etc.

When does a WW pattern fails? Is an breakout a reason to re-built the WW setup? Questions over questions - thank you very much for your help!

(Added a second screenshot of the ES. Let me know what you think about this one as well.)

[suriNotes]

Hi Mel_Function,

Thanks for your posts...

I am still in research mode for WWs.

From my knowledge, WWs are drawn from Major SwingHigh/SwingLows.
For me, critical points are (1) and (2) in that order... Few other authors mentioned (2) being important and pretty much trivialized (1).

Anyway, looking at your first chart FDAX, I am not sure if you are picking the SH/SLs or drawing trendlines from other pivots for convergence.

In your Second chart, an important point to note is, for the leg 2-3, the lowest point is considered a SL.... Here it is 16.15 bar. Also, the ES5m chart is a Buysetup. In my view, you only plot WWs after 1-4 are identified. Buy Only occurs at (5).

As I quoted before, I am still in research mode for WWs and may limit WWs with the Major SH/SLs only for now.

Regards,
Suri

Originally Posted by Mel_Function »

Hi,

found this thread yesterday and today I've searched and painted my first WW's in my Charts. Here is an german FDax Chart. Would love to hear your opinion and tipps what I can do better. Also I would like to hear how you handle your WW patterns in 5-10 minute Charts. Do you only trade the first WW pattern that forms or do you "rebuilt" it later in the trading day etc.

When does a WW pattern fails? Is an breakout a reason to re-built the WW setup? Questions over questions - thank you very much for your help!

(Added a second screenshot of the ES. Let me know what you think about this one as well.)

[bubba]

here's a couple potential patterns for your review

[bubba]

here's what happened

[suriNotes]

bubba,

here is the same NQ chart redrawn (in 610Tick)
let's see if it works.

regards,
Suri

Originally Posted by bubba »

here's what happened

[bubba]

Cool Suri.. thank you for posting.
(i actually have your book on chart patterns )

here's a couple more charts of the same price action. i like the way the
bottom one looks. lots of trendline bounces.. we'll be watching

[OAC]

If I remember correctly, I think Bill Wolf uses volume and $TICKI to identify the turning point. I also find Stendahl's Value Chart useful for this type of entry