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Andrews Pitchfork (Median Line)

  • #1,381
  • Mar 5, 2010 9:49am Mar 5, 2010 9:49am
Quoting Scrutch
Don't think it's going to happen today...USD is showing increasing weakness.
Edit: As I'm posting this, the EU is making a push higher...and I did not purchase a ticket for this ride...
Runners stopped out on the short

It may not give a retest today, opposite view
Attached Image (click to enlarge)
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  • #1,382
  • Mar 5, 2010 10:09am Mar 5, 2010 10:09am
, ya beat me to it...(trying to manage EJ at the moment) but looks like we drew the same formation.
I agree with you that it probably will not do the retest...at least for today.
Friday and the news is over...why do they get so excited about news that they already know...
Quoting auxesis
Runners stopped out on the short
It may not give a retest today, opposite view
Attached Image (click to enlarge)
Click to Enlarge Name: EU-03-05-10-M30.jpg Size: 465 KB
Listen to the whispers.... You may learn something
  • #1,383
  • Mar 7, 2010 8:47pm Mar 7, 2010 8:47pm
This pair UJ 4hr is pretty slow, but very obvious did perform

as been described by the Median Line shown. Did anyone

manage to get some decent pips out of this setup shown here earlier?

http://img402.imageshack.us/img402/7905/forkuj4hr.png
  • #1,384
  • Mar 8, 2010 3:12am Mar 8, 2010 3:12am
just getting ensign up and running. saw this with nguyennnguyen. ej looking for a pullback before continued movement up. any thoughts let me know.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: AC889254-09.png Size: 53 KB
Click to Enlarge Name: AC889254-07.png Size: 54 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #1,385
  • Mar 8, 2010 5:56am Mar 8, 2010 5:56am
Anyone looking to take this setup on GBPUSD 4H ?
Attached Image (click to enlarge)
Click to Enlarge Name: ksdjkdjsd.JPG Size: 47 KB
  • #1,386
  • Mar 8, 2010 11:37am Mar 8, 2010 11:37am
eaglestar
A tip on using Ensign...I notice that your pick points are not exactly on. If you click on the magnet (the little horseshoe next to the garbage can) at the upper right of your toolbar, this will make whatever you're drawing at the time snap to the Open/High/Low/Close (whichever is closest to your pick) of the bar. Be sure to click on it when you're done to close it...it will produce unexpected results with several things if it's left on.
Quoting eaglestar
just getting ensign up and running. saw this with nguyennnguyen. ej looking for a pullback before continued movement up. any thoughts let me know.
Listen to the whispers.... You may learn something
  • #1,387
  • Mar 8, 2010 12:26pm Mar 8, 2010 12:26pm
Quoting Scrutch
eaglestar
A tip on using Ensign...I notice that your pick points are not exactly on. If you click on the magnet (the little horseshoe next to the garbage can) at the upper right of your toolbar, this will make whatever you're drawing at the time snap to the Open/High/Low/Close (whichever is closest to your pick) of the bar. Be sure to click on it when you're done to close it...it will produce unexpected results with several things if it's left on.
Thanks for heads up!
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #1,388
  • Mar 9, 2010 1:23am Mar 9, 2010 1:23am
was a bit late on this short but wanted thoughts on this inner sliding parallel
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd-030910-2.gif Size: 29 KB
Click to Enlarge Name: gbpusd-030910-3.gif Size: 28 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #1,389
  • Mar 9, 2010 9:59am Mar 9, 2010 9:59am
Looks good to me...
Move your SP backwards in time (a bit before your P2) using the same high for your slope reference. Notice that when price action went above the SP, it acted as support...even before it got to the P2.
Quoting eaglestar
was a bit late on this short but wanted thoughts on this inner sliding parallel
Listen to the whispers.... You may learn something
  • #1,390
  • Mar 9, 2010 11:26pm Mar 9, 2010 11:26pm
i took the first short at price and arrow, exited before median/range 50% for 101 pips. Approaching new short area now potential trade could be taken here. any thoughts please share.

My ej retrace looking good as well.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: eurusd-030910-3.gif Size: 19 KB
Click to Enlarge Name: eurusd-030910-4.gif Size: 18 KB
Click to Enlarge Name: AC889254-13.png Size: 56 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #1,391
  • Mar 10, 2010 12:08am Mar 10, 2010 12:08am
Looks very good and motivating....where was your initial Po in the EJ pic ?
Be like water.
  • #1,392
  • Edited 12:49am Mar 10, 2010 12:11am | Edited 12:49am
Quoting msmarple
Looks very good and motivating....where was your initial Po in the EJ pic ?
Check out #1384 i am still getting used to Ensign.

Thanks for your comments.
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #1,393
  • Mar 10, 2010 12:28am Mar 10, 2010 12:28am
Quoting Scrutch
Looks good to me...
Move your SP backwards in time (a bit before your P2) using the same high for your slope reference. Notice that when price action went above the SP, it acted as support...even before it got to the P2.
Very nice thanks for comment. How did you learn to use ensign? i watched the training video and this thing looks so much more complex than metatrader.
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #1,394
  • Mar 10, 2010 12:35am Mar 10, 2010 12:35am
lets see what this action gives on the pound. potential move up do to higher highs but it could be an exanding pivot
Attached Image(s) (click to enlarge)
Click to Enlarge Name: gbpusd-030910-4.gif Size: 32 KB
Click to Enlarge Name: gbpusd-030910-5.gif Size: 30 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #1,395
  • Mar 10, 2010 1:55am Mar 10, 2010 1:55am
7 days ago when price closed at 3700 i thought the bottom was in, but nope..down to 3400 we go.
Attached Image(s) (click to enlarge)
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  • #1,396
  • Mar 10, 2010 1:56am Mar 10, 2010 1:56am
Eagle, is ensign worth the money/ easy to learn?
  • #1,397
  • Mar 10, 2010 2:30am Mar 10, 2010 2:30am
122.10 or therabouts seems to be the level to watch. I thought it might go down to the lower median line but eaglestar I think you caught the reversal point early on and I will wait. Would be easier probably if eurusd wouldn`t trade in such an indecisive range.

I`m getting started in Ensign, but it takes quite a while to get used to all the " bells and whistles ".

Good trading to all.
Attached Image (click to enlarge)
Click to Enlarge Name: ej4hourmarch10.jpg Size: 157 KB
Be like water.
  • #1,398
  • Mar 10, 2010 5:38am Mar 10, 2010 5:38am
I am new to forking, can anybody here please look at my chart and points out my mistakes.
Attached Image (click to enlarge)
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Let someone arise from my bones as an avenger. Jesse Livermore
  • #1,399
  • Mar 10, 2010 9:52am Mar 10, 2010 9:52am
Quoting big_pipin
Eagle, is ensign worth the money/ easy to learn?
I think it is definately worth the money because I can draw forks a lot easier, but easy to learn not sure about that
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #1,400
  • Mar 10, 2010 10:29am Mar 10, 2010 10:29am
did not see spike low on 1h chart for some reason. channel and fork could be like so on the gu
Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd-030910-7.gif Size: 30 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
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