Guys! Who are new to Wolfe Waves to first paper trade at least 100 such waves. Then only put your hard earned money at risk. Making money from Wolfe Waves is fast but needs expert's touch. Please paper trade first.
Google out, read everything about them available and
frame your rules. Before a trade ensure that you are following the rules exactly without compromise.
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To earn 1-2% in commodities daily just master
Pride's Intraday Strategy. It has a great combination of settings, dual TF, momentum.
The idea originates from Robert C Miner.
http://www.traderji.com/day-trading/29798-prides-intra-day-strategy-profit-everyday.html
Tweaks i suggest:
1. Just Go with the trend because 'trend is your friend' as they say but only if you are with it.
2. Commodities trend a lot.
3. Check economic calender first for any forthcoming NEWS. Systems perform well in the absence of news..
4.
Take [240 min - 30 min - 5 min] all momentums together for intraday trade on 05 min chart. Highly probable trade.
5. Look for and draw valid trendlines on all TF.
Paper trade first at least 30 such trades. That you can finish in 2 weeks.
Then analyse the results. Frame rules and then trade with them.
Kamlesh Uttam