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pitchforks

  • #21
  • Oct 15, 2007 5:08am Oct 15, 2007 5:08am
I have never been too keen on pitchforks myself. I know some people swear by them, but I find them rather erratic and there's too much discretion regarding where to draw them from. A little bit like Elliot Waves: they look fantastic on hindsight, but too loose to use in real time.
  • #22
  • Oct 15, 2007 5:57am Oct 15, 2007 5:57am
My actual PF view. The EW count is not correct. At the moment i have no time to correct it.

Wish you luck with your trading

Regards
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  • #23
  • Oct 15, 2007 6:54am Oct 15, 2007 6:54am
Quoting billflet
Dopey,

Thanks for posting this and also the references you suggested a few posts back.
You're welcome, it's my pleasure.
  • #24
  • Oct 15, 2007 6:55am Oct 15, 2007 6:55am
Akuma,

I've never seen that referenced before. Do you recall where you learned that?


Quoting Akuma99
Actually the way I remember Schiff Median lines, you not only use the mid point in price, but also in time, so it would look more like this:

http://img87.imageshack.us/img87/3195/eurjpyqx8.gif

  • #25
  • Oct 15, 2007 8:16am Oct 15, 2007 8:16am
Quoting Dopey
Akuma,

I've never seen that referenced before. Do you recall where you learned that?
Tracked down where I had read that, pg25 of Trading With Median Lines by Tim Morge .. hope that helps
You can quit and they won't care, but you will always know.
  • #26
  • Last Post: Oct 15, 2007 12:21pm Oct 15, 2007 12:21pm
Quoting Akuma99
Tracked down where I had read that, pg25 of Trading With Median Lines by Tim Morge .. hope that helps
Thanks a bunch. Time for a reread.
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