one of the setups i look at for the moment.
pretty simple. but i like flags in the setup.
good luck
pretty simple. but i like flags in the setup.
good luck
Attached Image
Better Andrews Pitchfork and MT4 14 replies
Andrews Pitchfork 120 replies
Andrews Pitchfork video 22 replies
median line Bollinger band cross 3 replies
DislikedHey Scrutch,
Saw a chart by Malcolm at:
http://www.forexfactory.com/showthre...91#post3690091
His last 5-pivot count was interesting. The first pivot started after the 5th...I thought that the 5th pivot of the prior wave count was the first of the new wave count. Are both valid? You may have to scroll down a few posts to see his chart with the pivot counts.Ignored
DislikedYeah...I agree with your approach.
In fact, as mentioned again and again, Late Dr Alan Andrews and also mentioned by Tim Morge...Ignored
DislikedJust checking with you guys, on my last post I put WARNING LINE but it's actually from the quartile. Is it considered warning line? And does it provide good probability to sell or buy once the price bounce off the "quartile line" as they are with WARNING LINES? tonyIgnored
DislikedDrawing pitchforks, and determining targets is the easiet part of using median lines for trading. Difficult point is when to draw the fork, or in other words, when do you know the pivot has formed.
The method I am going to show is simple but it works 90% of the time for me.
For determining is it okay to draw the pitchfork, first thing you have to know is that the current trend is over. It can easily be done here (with the EURO) using a pitchfork.
Andrew's stated in his course that, after price breaks through the lower median line, it often climbs...Ignored
DislikedHi Scrutch, How did you determine entering the market to buy. Was it from a breakout of the confluence between sliding parallel outside UML, fib 50 level that acts as resistance and bounce from red MA?Ignored
DislikedYour setup was great.Losses are part of business.
Are you watching GJ nice setup there.
Here is my view let us see how it will unfold.
Regards,
TAQIgnored
DislikedIf anyone is interested, I just opened a chat room on Paltalk where we can communicate in real-time. If you are a user of the chat platform, send me a private message with your user name. Make sure you are logged on so I can invite you to the room.Ignored