Wolfe Waves work!
Here is GOLD Dec contract from early last week.
Notice something very important. Wave 3 to Wave 4 is always an a-b-c wave. In this case its a measured move
Entry had very limited risk.
If point 5 overshoots, expect it to be no more than 1.27-1.5 x height of Wave 4
Look at the target, could go as low as 1410 - 20, which makes it >$150 move in gold!
Trading one futures contract, that's $15,000
But there are opportunities along the way.
There are always WWs inside of other WWs on smaller time frames as you will find in Part II
These allow you to exit at the smaller WW target and then re-enter.
See Part II
Here is GOLD Dec contract from early last week.
Notice something very important. Wave 3 to Wave 4 is always an a-b-c wave. In this case its a measured move
Entry had very limited risk.
If point 5 overshoots, expect it to be no more than 1.27-1.5 x height of Wave 4
Look at the target, could go as low as 1410 - 20, which makes it >$150 move in gold!
Trading one futures contract, that's $15,000
But there are opportunities along the way.
There are always WWs inside of other WWs on smaller time frames as you will find in Part II
These allow you to exit at the smaller WW target and then re-enter.
See Part II