In the June update; Crypto-crashes, Peer to Peer lending delivers, and the closed out Recovery Portfolio nets a nice 27.09% total profit! May 2021 was an interesting month overall. The Cryptocurrency market had it’s biggest crash ever, just as I decided to get in (always seems to happen when entering new investments for some reason). […]
Wolfe Waves
Towards the end of the last post on Wolfe Waves back in December, we identified a weekly bullish Wolfe Wave in the TLT (Long Term US Treasury Bond ETF). The wave completed just last week, then interestingly enough, turned back down. If you would have gone by the WW rules and got out at the target line, that would have been around a 10 point profit.
Wolfe Waves Many years ago when I was still finding my feet with investments and looking to “get rich quick”, I took an interesting trading course by a gentleman called Bill Wolfe on an investment strategy called “Wolfe Waves” (named after himself obviously). It is similar to the Elliott Wave Theory, however much easier
