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Andrews Pitchfork (Median Line)

  • #1,481
  • Mar 23, 2010 1:05am Mar 23, 2010 1:05am
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Let someone arise from my bones as an avenger. Jesse Livermore
  • #1,482
  • Mar 23, 2010 3:57am Mar 23, 2010 3:57am
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  • #1,483
  • Mar 23, 2010 4:12am Mar 23, 2010 4:12am
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  • #1,484
  • Mar 23, 2010 5:13am Mar 23, 2010 5:13am
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Let someone arise from my bones as an avenger. Jesse Livermore
  • #1,485
  • Mar 23, 2010 6:00am Mar 23, 2010 6:00am
GU and EJ update. EJ so slow in London section expecting some movement in US section. Happy trading to all
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  • #1,486
  • Mar 23, 2010 6:33am Mar 23, 2010 6:33am
Euro trade I just closed out from last night.

fwiw
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  • #1,487
  • Mar 23, 2010 8:16am Mar 23, 2010 8:16am
Page 100, WOO!! lol sorry.
  • #1,488
  • Mar 23, 2010 11:21am Mar 23, 2010 11:21am
Took 20 pips on the Euro (1.3525 to 1.3555), from the jump shown on the 144 tick chart.
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  • #1,489
  • Mar 23, 2010 4:16pm Mar 23, 2010 4:16pm
Alex, wasnt it risky taking the first test of that lower fork line? . Price seemed to have been trending down when you took that long.
  • #1,490
  • Mar 23, 2010 4:43pm Mar 23, 2010 4:43pm
Quoting big_pipin
Alex, wasnt it risky taking the first test of that lower fork line? . Price seemed to have been trending down when you took that long.

This is on a 144 tick chart. This was a very fast trade. Price touched the lower line 3 times as a consolidation, then it peaked below but took off higher. I bought as it broke upwards.
I'm more convinced that pitchforks are the best indicators.
  • #1,491
  • Mar 24, 2010 2:07am Mar 24, 2010 2:07am
Oops! this is not a mistake. Anyone got this trade setup too on EU?

http://img694.imageshack.us/img694/3458/speechless.png
  • #1,492
  • Mar 24, 2010 6:36am Mar 24, 2010 6:36am
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  • #1,493
  • Mar 24, 2010 7:28am Mar 24, 2010 7:28am
I would like to dedicate my 100th page post to Timothy Morge. One of the greatest chartists of all time, and a great teacher.
Looking at the charts seeing eu overextended short possible pullback shortly. Euro on h4 is very similar to chart on m15. Audusd warning lines and possible long coming. gbpjpy long still good and nzdusd long still good but may pull out or stop out depending.
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #1,494
  • Mar 24, 2010 7:43am Mar 24, 2010 7:43am
an excellent work eaglestar
  • #1,495
  • Mar 24, 2010 8:17am Mar 24, 2010 8:17am
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  • #1,496
  • Mar 24, 2010 8:25am Mar 24, 2010 8:25am
Nice analysis eaglestar

Here is my updated EU & my view on NU & $CHF Happy trading you all.

Regards,
TAQ
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  • #1,497
  • Mar 24, 2010 8:51am Mar 24, 2010 8:51am
Not sure of Euro current strength against usd now.

p/s Dont trade any trade at this level.

http://img208.imageshack.us/img208/5...wnstrength.png
  • #1,498
  • Mar 24, 2010 1:43pm Mar 24, 2010 1:43pm
I have missed the today's trade on EURUSD. Some reasons
1) Dollar index on Forex Ltd MT4 is quite misleading.
2) Alpari data feed most of the times works okay but today it just did not gave the correct signal.

So, now I have esignal. Things will be fine from here on.
On EUR weekly chart, some people will not agree with the fork, but its something that I have learned on this forum from catalin and it seems to work perfectly.
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Let someone arise from my bones as an avenger. Jesse Livermore
  • #1,499
  • Mar 24, 2010 2:06pm Mar 24, 2010 2:06pm


I missed the EURO trade today, but AUD was also good. I am content and happy with what I got.
Attached Image(s) (click to enlarge)
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Let someone arise from my bones as an avenger. Jesse Livermore
  • #1,500
  • Mar 24, 2010 6:54pm Mar 24, 2010 6:54pm
Quoting forkTrader
I have missed the today's trade on EURUSD. Some reasons
1) Dollar index on Forex Ltd MT4 is quite misleading.
2) Alpari data feed most of the times works okay but today it just did not gave the correct signal.

So, now I have esignal. Things will be fine from here on.
On EUR weekly chart, some people will not agree with the fork, but its something that I have learned on this forum from catalin and it seems to work perfectly.

Impressive pitchfork on weekly chart!

If you can share, what would be the probability of the
any reversal on the spot of energy point shown?

Thanks in advance.
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