I dont know how long you have been here, but this thread was started in March...? But hey, to each his own....I am just hanging out when I can....
Better Andrews Pitchfork and MT4 14 replies
Andrews Pitchfork 120 replies
Andrews Pitchfork video 22 replies
median line Bollinger band cross 3 replies
Dislikedrising sun,
Current GY short in progress with multiple targets.
Setup is off of the 50% retracement that has already been tested.
Target T1 is confluence of smaller 50% swing level and the energy point from 2 different forks. Also is new daily pivot for floor traders.
Target T2 is just off of previous low. New S1 floor pivot is a 154.85, just below this target level.
Target T3 is harmonic point D @ 127.2% of BC (current upswing).
UPDATE: Out 1/3 at +52, moved stop to BE +20.Ignored
Disliked
I dont know how long you have been here, but this thread was started in March...? But hey, to each his own....I am just hanging out when I can....
Ignored
DislikedCatalin opened the thread a while back, trying to stir up some learning and dialogue, the thread seems to go through spurts of activity. Tims presence has sparked some interest from those who use the tools and know him.
Imho, it's been more of an informational thread rather than call box. Posting trades can get confusing as each has their own risk tolerence, what might be fine for me might freak out some one else, or vice versa.Ignored
DislikedThere are lots of people and threads in FF making market calls; and to me, those are the ones that make lots of 'noise' and with lots of characters who came over to FF just to stir up some troubles; traders they are not. In the end of the day, the novice learn nothing out of it and the serious traders just depart for the reasons of wasting their precious times. I never like to show 'real time' trade as the purpose of the threads here are for sharing methodologies instead of treating them as a free real time trading recommendations. Take care.
Jeff...Ignored
QuoteDislikedOriginally Posted by auxesis
Catalin opened the thread a while back, trying to stir up some learning and dialogue, the thread seems to go through spurts of activity. Tims presence has sparked some interest from those who use the tools and know him.
Imho, it's been more of an informational thread rather than call box. Posting trades can get confusing as each has their own risk tolerence, what might be fine for me might freak out some one else, or vice versa. Auxexis
DislikedOK - as I keep saying, brand new to this, so no-one flame me!!!
I traded a very small position on this. I'm not keen on paper trading because you don't have the same emotional attachment.
My reasoning was:
Enter short at red arrow. Bounce off median line [yellow pitchfork] and Stoch in overbought [I know no-one else uses indicators with median lines] and crossed signal line.
I set a target 50 pips above the lower median line parallel [green tick] - and it hit it in the middle of the night last night for a profit of 280 pips.
There seems to...Ignored
DislikedRob:
Looked good to me. Your chart basically described selling a tested down sloping line--a classic entry. I have no problems with you grabbing profits.
Post away--no one is going to flame you if you are showing charts or trades or asking questions or giving insightful comments.
Question: How large was your stop, how did you deicde to place it, what was your risk reward ratio in your mind or on paper before you entered the trade?
Take care.
TimIgnored
Disliked@ fxhermit
Slightly OT, but you have a handy looking script there which tells you how long before the current bar ends.
You couldn't point me to it could you?
Many thanks,
RobIgnored