Ahmed Maher: The Fox Wave

[AhmedMaher]

Hi,

I understood that the 3 bullish subwave= bearish golden foxwave.
And quote from your file,
“After we determine the type of our Golden wave whether it’s Bullish or
Bearish and this should be after the Close of the ninth candle, we will
wait for any [B]confirmation pattern we used in original Fox wave[/B] to occur
any type of it will be our entry.”

Does it refer that if we identified a bearish golden foxwave, we just wait for any of the confirmation pattern? regardless a bearish or bullish confirmation?

I hope this time i get the correct meaning.

Exactly man, you got it this what I mean…but now I’m thinking of some enhancement and may edit this condition to filter some trades.cheers

[AhmedMaher]

Hi i was just asking if you need to take note of 3 or 2 factors? Ok so it’s these 3 factors. The confirmation in the 3rd sub wave. The volume and the nunmber of bullish and bearish candles. The 1st step would be the search for the valid confirmation in the subwave right? On the 1 hour chart we start looking for waves at the 00 hour right the start of the day. What about on the 4 hr and 1 day charts Where do we start counting the candles from?

Btw I don’t really know how to look for the confirmation pattern.

I know on the volume which is counting the number of sub waves and the number of bullish vs bearish candle sticks but the last part on the confirmation pattern i don’t know how to do it. On the pdf file you provided well say it’s a bullish trade 2 bullish subwaves, + more bullish candles and at the end of the 3rd subwave the 10th candle just happens to be a bullish candle is that the confirmation pattern?

Thanks.

I think you have mixed normal fox wave with Golden Time, in normal one we search for confirmation pattern to have a valid wave. in Golden Time we start count nine candles at the begining of each day and then search for any confirmation pattern to be our entry to direction obtained from wave

[AhmedMaher]

Last question for the golden foxwave strategy.
You mentioned count 9 candles since day start.
May i know how about Monday?
Do we start counting the 9 candles when the respective market started?
Or wait for tuesday?

count 9 candles from opening the market will be at 9 am (Market watch) of monday morning.

[AhmedMaher]

Thanks for sharing, looks good.

my pleasure

[Wearethechamp]

count 9 candles from opening the market will be at 9 am (Market watch) of monday morning.

But monday market wouldnt open at 00:00.

[AhmedMaher]

But monday market wouldnt open at 00:00.

just follow your platform market watch and wait for entries regardless the actual time of GMT, search for entries after 8 candles of each trading day that starts in any platform at 0:00.

[Wearethechamp]

just follow your platform market watch and wait for entries regardless the actual time of GMT, search for entries after 8 candles of each trading day that starts in any platform at 0:00.

Okay. Thank you very much.
Awaiting for your improved golden foxwave~
Its greats.

[snake24]

Damn the trades started out good but not so good afterwards all 4 of them losing money i’m using the 1 hr so it’s the golden wave trade.

[Wearethechamp]

Hi,

Same experience with snake24, however, its still a good system.
Do you mind sharing which pairs are more accurate in your back test?
During my few day testing, i found GBPUSD,GBPJPY, and USDJPY quite good.
The rest betrayed me.

[AhmedMaher]

I have been waking up for nearly Two days now trying to make something to enhance the Golden wave for better result. for those who are well trained to it now if you have notice in the 2:1 sub waves case when we have two same sub waves and one opposite sub wave sometimes price respect this opposite one only and go with it ignoring the two same ones. I have tried a lot to make a SWITCH to tell us when to respect the two same sub wave or only respect the opposite lonely one. attached is first idea of this switch. I have tested it on some pair and have a good result, soon will approve it to be added to Golden Time.
want you all to back test it on different pairs an tell me the result.
Btw we didn’t stop trading with Golden Time, keep posting entries till I completely make this switch.cheers

[AhmedMaher]

Hi,

Same experience with snake24, however, its still a good system.
Do you mind sharing which pairs are more accurate in your back test?
During my few day testing, i found GBPUSD,GBPJPY, and USDJPY quite good.
The rest betrayed me.

GBPJPY is the best, but USDJPY may be the worst.cheers

[Wearethechamp]

I have been waking up for nearly Two days now trying to make something to enhance the Golden wave for better result. for those who are well trained to it now if you have notice in the 2:1 sub waves case when we have two same sub waves and one opposite sub wave sometimes price respect this opposite one only and go with it ignoring the two same ones. I have tried a lot to make a SWITCH to tell us when to respect the two same sub wave or only respect the opposite lonely one. attached is first idea of this switch. I have tested it on some pair and have a good result, soon will approve it to be added to Golden Time.
want you all to back test it on different pairs an tell me the result.
Btw we didn’t stop trading with Golden Time, keep posting entries till I completely make this switch.cheers
<img src=“301 Moved Permanently”/>

Hi,
This switch refer that instead of looking subwave to decide in the price movement, we use Foxwave as s/r level? If above Foxwave high we sell and below Foxwave we buy?

For the within Foxwave? You said that look at the confirmation candle touched high or low, do you refer to the last candle close?high?or low? Or do your refer to the high/low of the confirmation(all three candles)

Thank you.

[vinshid]

Ahmed thanks sharing this brilliant trade system. just because im a newbie in forex im having a little bit difficulty understanding your system. do you by any chance ever recorded a tutorial explaining this system? it would to be much easier for us to understand by watching a video. thanks a lot