Tim Morge did a webinar on how to use pitchforks. I have found that they are a great predictor of support and resistance.....when you get the right points to start them with. MT4 has a good pitchfork tool. Basicaly it is channel trading. Buy at the bottom (support) and sell at the top (resistance).
rtsp://198.246.142.2:554/mpd/dow/011906_morge.rm
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rtsp://198.246.142.2:554/mpd/dow/011906_morge.rm
You will need real player to see the video.
Forex Trading: The hardest way to make easy money.