(binned per thread starter's request) Forks, Price and Three Minu

Hi Winston Reed, nice thread !

a tip :

look at what you get if you divide your Fork Interval by 8

if you are interested I can elaborate about it

PS Parallel lines are drawn by hand under Paint. So the result is not 100 % accurate . But it allows everybody to catch the idea

Cool Parisboy! I know some that use Fibs to help with trade entries. Nothing wrong with that. I'm totally a price action nut and use PA exclusively to enter. You are welcome to post your ideas as I'm sure others may benefit.

EURUSD was easy today. The fork path was upwards. The buyers hung out at the bullish WRB gaps and in this scenario longs were easy and the stops tight.
Sometimes you have to enter before price gets to the gap especially when the market is trending strongly.

Mini Dow Jones. Just for fun.

Thank you Winston Reed !

To be short : basically Price Movement is parabolic - see your chart

Gann found that the Division by 8 of whatever Price Interval mimic a parabolic move and is an approximation of the famous Fibonacci numbers serie

see the chart showing the Fibonacci numbers between 0 and 100

Now define YOUR baseline and your interval and divide by 8

Now let's assume that your Price Range is 1,17400-1,18200 = 0,00800

your Octave or "vibration" would be 0,00100

then apply this "vibration" to your chart - and its harmonics (Doubled or Halved)

i'm all for any visualization tool. i've never used forks or gann myself. i'm willing to check it out though. my personal favorite is the fibb ret/ext. what i do believe about all these tools is: they aren't 'magic' or 'special.' (maybe a little.) they all do the same thing: help us gauge price movements and swings. visual aids. price action and trend are the batteries 'required.'

Adjusted a bit

i'll give m3 charts a chance.

here's a double top. confirmation was the bearish engulfing candle. extra confirmation was the bearish candle that followed.