Fibs and Forks

Are you using the indicator that is provided my Metatrader, or do you have a custom one that you can place as you wish without being tied to an "A" point? If you do have another one would you please post it? Thanks again.

When you use the one from Metatrader just double click on one of the tips and white dots will highlight..click on them to move any of the tips around to wherever you like~

you draw your forks? or does it do it auto, also what is your trigger the 76 broken or in your case the 23?

I use forks from the charting program and I can adjust them all the time - FX trader 4 metaquotes

I use to trade with forks but i did not have faith in myself so now i trade a channel. Same thing and it is a auto channel

You gotta do what works for you..good luck~

I hope that all of you who traded along made some nice pips..in one hour or so I think things will slowly set up again..maybe I can grab some food quickly

I have studied and now utilize Andrews Pitchfork theory and some variations of it but I have never come across this method that you use. It could even be said that it is a little misleading to call this technique you use the 'Andrews Pitchfork' but I am open to new ideas. However, I am not really sure this 'loose' (and therefore subjective) method is any improvement on the techniques I have seen. Now I am certainly not telling you how to trade, you have your own unique style and it appears to work well, but it would be great if you could qualify this method with a little explanation because I am struggling to see the rationale behind it, and no doubt those who are new to PF's are scratching their heads even harder.

Read the thread starting with post #1..it's very simple..good luck~

I have read the thread, but there is no apparent method for drawing the points of your forks. Andrews used pivot points, Schiff used a 50% rule, and there are other variations that follow a scientific formula in the drawing of the forks. If you are fitting the forks to the price action (as opposed to the forks predicting where price action may occur) then they are really just 'best fit' Babson channels, not pitchforks.

This is an Andrews Pitchfork (with two tradeable areas of interest in the circled areas). They work great.

I'm fine with the way I'm doing it..but feel free to open your own thread and post away..Good luck!

Target met~

Great day/evening..tomorrow another day~

The number of visitors has been great and the private messages even more so..Thanks..Just another way of making pips every day~

Recently, day after trading day making money, some folk suddenly showed up and were pretty negative...I don't care much for that. So I'll go somewhere else~

Anyway I have shown how it works for me..and it was fun to post all the action live. I hope it helped some of you~

ok

----