Price Action (Candlestick,Fibonacci,pitchfork,S/R,Trading Range,sto)

Lol this trade didnt fill me, uhm the train left without me. Day is over for me. Good day guys.

Ok guys now time for me to snipe a trade now, The price touched nicely the lime median line yeah, now i think it going to the energy point, energy point in pitchfork theory confluence with 68.1 fib level i didnt get fill the trade in the morning, now i want to trade this EUR/USD down now, im watching the price acting in my small yellow circle. we will have a good trade at that energy point, haha.

Well i dont trade G/U but i do some analysis, look like a good chart, so i think i will take look at this pair next week, all i see i wrote in the chart. please examine it and lets me know what do you think ? Lets make pips togethor.

Hi everdybody, i just want to update my journal today. I have do some analysis in the GBP/USD really interesting pair for me to watch this week.
In the EUR/USD I did put in my order and i got fill so this is my first trade of the new Week. i think the down green fork is the one price price is using right now. Please look closely at the chart for analysis. Hope you enjoy it and making pips with me.

Well so today is the first day, i try to make a lot of pips in the first day of every week so i have more control in let the trade run or cut it quick, but today it was a lucky day again, i went to see my doctor so i enter the trade late, but it ok, i will post the chart so you know what im talking about. LETS DO ANALYSIS IN MY EUR/USD pair fisrt. i already took a haft out which is about at 65 pips and i lets another haft run. So here i i call it a good set up. i have up median line which is green lime in my pic so the price going straight to the median line last nite, the it double the range (calculated from yesterday high and low divided by 2 ) so i know at that swing high is the highest for the day, so i way for another bar to close below the bar low to confirm that is a high, and it did, so i draw in a fork (red) and also i have a divergence in stock, so it was a beautiful trade. but i enter the trade late like 20 pips. So here is my chart. In the GBP i lets you look at the chart and ask wquestion, because i like you guys to partipate in my journal so it will give me some exciment to answer so maybe i can learn from you guys. Thanks for reading. Good luck in the trading.

Well i forgot to post a 4hr chart for the GBPUSD so people can see what i see in general. This is a beautiful chart you and me can make money out of this all yeah long if the price keep doing really nice thing like this.

Well i took this trade because there is a defense zone also i have a fork up with have a test and retest in the up fork. also you can see there is a divergence in sto there. Small stop with great profit target.

Thanks, very informative. I managed to take the downmove on eur, now do you agree that this will be strong confirmation on gbpusd if the horizontal line about 1.65308 is clearly broken ?

Great to watch your zoomed out market structure chart, yesterday I was so much indecisive in EUR because of the tight range, watching that mainly on lower timeframes.... I should definitely look at the previous levels and your structure more......

Please continue, I learn a lot.

Q. : Does Ensign only work if I additionally subscribe to esignal, or do you know of an inexpensive data feed ? What would you recommend if I want to learn this the way you apply it ?

Great i hope u enjoy reading, lets me answer you about ensign, you can demo it for 14 days, if you like it then you just pay $49.99 a month period, data is from FXCM it all take care of for you by Ensign. So why dont you give it a test ride for 14 days, its free -> why not test maybe you like it. But it is a good platform if you want to trade with pitchfork.
Also it it broke the red line and going down, we will see it going to the second support level or first it have to go to my energy point at 1.6386. But will see if it break this first support line or not. I took this trade because my range today confirm with my fork up test and retest,61.8 and sto divergence, so that was all condition of my trading rule. Im kinda ahead of 1 candle i should wait for this candle to close and took out last bar hight to confirm that is a low, but i dont want to wait. Good trading.

Thanks for the Ensign tip and information. i have subscribed to your thread and since its so interesting I will go through ALL of it from page 1 to now...

Good trading to you too....

Ok so last nite i took a trade in the gbp/usd i did broke my rule, so they took me out for 20 pips stop but i took it again right near the bottom and it got profit about 52 pips so not bad last nite for me. Here is another trade i just took at Eurusd, ok here is reason i took this trade you can see from previous day swing low and swing high market make a correction down, then correction up and those it turn right at the fib levels, what i call i ABC corrective wave to corrective all the move from yesterday, i have my upper median line got test and retest price make a new bar low so it confirmed the last bar was the high. also that upper median line(red ) already got test one and price fail to close above it. i will give more analysis in this trade . Good trading

So how the trading day treating you. My was good, i did make a decent pips today. Hope you do the same. And here is the end of the day analysis. Have fun and keep you busy reading .

Everybody have a good day ? Here is the chart for today

update gpbusd

update the gbp

Thank you, incredible how those lines hold. I didnt have the guts to buy on the 1.5048 level higher .

But I seem to learn slowly how to " spot " some good moves.

Q.:

For the vertical lines showing prior, yesterday and today ( plus the pivots ), do you use an indicator ?

I have found some on FF, but they seem to all be quite different and I would like one without too much clutter on my chart.

Reg. Ensign, I will take the test period. Txs for the info... good news, i thought its only going to work with esignal.

All the best....

yeah i use an indicator, really nice indicator i love it. Im not a pivot trader but one of a trader in my trading group doing a research in pivot range and fib level. here is the indicator http://www.forexfactory.com/showthread.php?t=189541
Happy thanksgiving mate. with this indacator thanks to tigertron you can edit the option what to show in your mt4 chart.

Happy Thanksgiving to all here is the chart for today. A lovely chart. Im expecting a move up really soon.

Well again im in the trade up move. Well im scalping for today because i trade a lot last nite and my brain is fried up right now here is my ensign chart and MT4 chart to show you where i buy and stop lost

I am deeply impressed.....this indicator is definitely the Ultimate Pivot indicator to use. I have so many different basic versions, autopivot, daily pivot, adjusting pivots daily from fx-knights download section etc. plus the Murrey lines and various Fib pivots and/or Demark.

And I was never trusting them because for reference I kept switching to actionforex or other sites, just to see that their hourly levels were already different.....

My basic idea was to look for a change in trend on the 4HR, then go to the 1Hr, wait for a pattern / triangle etc or median Line around the obvious Hourly pivot line. Then wait for a breakout or failure, wait for a retracement of that impulse first, then go for it.....

My best wishes and once again thank you !