Simple trading: levels and price action (mainly on DAX)

I missed this, wasn't at my comp that time ...

Currently there are more than 50 Andrews' forks on M5/M15/M30/H1.
These precision entries are my favourite. Only a pitchfork can give you this possibility.

The power of the fork: your losses are always small (unlike your profits that are big)

Pinpoint entry: the biggest advantage of the forks.
This example was only 2:1 RR ratio, but I liked it.
Close at the conjunction of the Fibo100 and middle parallel line.

What can we dominate?
Can we dominate the price? Do we know that the price will go either up or down in the next? I don't think so.
But, we can dominate our own reaction to the price movement. This is called the PLAN.
Pitchfork is maybe the best, simple and excellent tool for making a plan based on it.
Exact entry, exact SL and exact TP.

And, a great additional benefit: time is your friend, since your SL will be smaller and your TP will be greater from candle to candle (trailing).

Do not believe anyone that forex is gambling.


Have a nice weekend to all!

Do you trade bitcoin?

Hey Forkers, what do you think about the Andrews fork on EURJPY daily chart?

So you say that market is random? Well ... this is what LaserForks can give you: countless beautiful forks.


Bigger resolution (detail):

2 hours later ... see the picture in the previous post and then this one below

What can I say?

EURJPY again. Daily!
Although, I prefer the intraday things, I will give it a go with little risk.
Some viewpoints: in my observation, if there is a big uncertainty around a significant levels, then (if the price is coming near to it again from an adjacent level) the price will reach it. It did not happen at the first case (see picture), but happened at the second case. This is why I did not enter immediately a buy trade at the lower ML.
I'm using a small lot size, so my risk is small. The RR ratio is pretty well, 850:50 pips.
This entry is not the usual, but I thought I show it.

LOL, I accidentally closed the EURJPY trade (in 35 pips profit), thus had to make a re-open ... so the story goes on

Just a reminder:
Description of my SIMPLE, BASIC and PROFITABLE STRATEGY is >> HERE <<

The market is NOT random.
At this very moment there are 40 great Andrews forks between M30 and D1.

The market is NOT random, but you need a reliable compass: LaserForks.

Hi guys, hope your forks are great today!


The scanner found these Andrews forks on M30/H1 (and lots of forks on other time frames).

Don't you think that it is beautiful?
I think so!

Market is NOT random. Things are in their place, if you're using the proper tool.

LaserForks-users got countless beautiful pitchforks today.
Only on the M30, there are 17 great Andrews forks, like this:

The latest version is 2.25, so if you are using an older version, just contact with DonForex (free update).