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Pitchfork Goldmine!

  • #221
  • Edited 6:23am Jul 1, 2010 6:12am | Edited 6:23am
i must say that the last 3 weeks of using the pitchforks,and this thread my trading toolbox have improved a great deal,im still in the tunnel but there is a faint light in the distance,i think my L plates will come off shortly,

the 1.272 ext of CD hits the upper ML line to a tee,with a very small stop
  • #222
  • Jul 1, 2010 6:20am Jul 1, 2010 6:20am
Pikeliver,

This is one of my concerns about price going higher...would like it to, but this chart shows it clearly.
Attached Image (click to enlarge)
Click to Enlarge Name: Reason For Caution.jpg Size: 66 KB
Trade what you see, not what you think or feel. Let the market come to you.
  • #223
  • Jul 1, 2010 6:22am Jul 1, 2010 6:22am
I am so glad to hear it...and it shows in your charts. In what ways would you say your thinking has changed? In what ways do you think this thread has helped you the most?

Quoting pikeliver
i must say that the last 3 weeks of using the pitchforks,and this thread my trading toolbox have improved a great deal,im still in the tunnel but there is a faint light in the distance,i think my L plates will come off shortly, lol
Trade what you see, not what you think or feel. Let the market come to you.
  • #224
  • Jul 1, 2010 6:29am Jul 1, 2010 6:29am
im off to work now,but i will think about what has changed and will post over the weekend

good trading
  • #225
  • Jul 1, 2010 6:49am Jul 1, 2010 6:49am
More thoughts...another view. Please see chart for notes.
Attached Image (click to enlarge)
Click to Enlarge Name: Reason For Caution2.jpg Size: 87 KB
Trade what you see, not what you think or feel. Let the market come to you.
  • #226
  • Jul 1, 2010 7:09am Jul 1, 2010 7:09am
It is a rocket - Just jumped on and now BE
Attached Image (click to enlarge)
Click to Enlarge Name: FCY383154-30.jpg Size: 96 KB
  • #227
  • Jul 1, 2010 7:20am Jul 1, 2010 7:20am
That fork on your 89 tick chart worked very well. Look at all those tests at the very beginning of the fork, just begging traders to get long. LOLOLOLOL.

By the way Wave Trader, which pairs do you trade? Do you trade Futures as well?

Take care,

Quoting Wave Trader
It is a rocket - Just jumped on and now BE
Trade what you see, not what you think or feel. Let the market come to you.
  • #228
  • Jul 1, 2010 7:34am Jul 1, 2010 7:34am
See chart.
Attached Image (click to enlarge)
Click to Enlarge Name: TargetLooksHopeful.jpg Size: 144 KB
Trade what you see, not what you think or feel. Let the market come to you.
  • #229
  • Jul 1, 2010 7:39am Jul 1, 2010 7:39am
Pikeliver,

FYI: Got the 161.8 on the 1hr.

Quoting FX4Newbies
Did you confirm your retracements?

Looks good!!! Will be looking closely to see the entry...still expecting a little push upward.
Maybe your CD will go to the 161.8 or even the 188.6...in that area. That is my expectation,
but we should always let price confirm, right?

Take care,
Trade what you see, not what you think or feel. Let the market come to you.
  • #230
  • Jul 1, 2010 7:45am Jul 1, 2010 7:45am
OUT NOW at green line
Attached Image (click to enlarge)
Click to Enlarge Name: FCY383154-31.jpg Size: 84 KB
  • #231
  • Jul 1, 2010 8:03am Jul 1, 2010 8:03am
Good for you . Got in on the last run up of the EU to the U-MLH. We probably exited about the same time. I am trying this month to post more, but everything takes time. At the moment my focus is keeping up with my analysis. I think it is beneficial to traders to see another view.

You seem to be pretty solid in how you approach the market. Have my posts and charts helped in any way?

Take care,
Quoting Wave Trader
OUT NOW at green line
Trade what you see, not what you think or feel. Let the market come to you.
  • #232
  • Jul 1, 2010 8:11am Jul 1, 2010 8:11am
The Bulls stayed on board to the "finish". Is there more? See chart.
Attached Image (click to enlarge)
Click to Enlarge Name: Hopeful Target Hit!!!.jpg Size: 140 KB
Trade what you see, not what you think or feel. Let the market come to you.
  • #233
  • Jul 1, 2010 8:18am Jul 1, 2010 8:18am
Quoting FX4Newbies
Good for you . Got in on the last run up of the EU to the U-MLH. We probably exited about the same time. I am trying this month to post more, but everything takes time. At the moment my focus is keeping up with my analysis. I think it is beneficial to traders to see another view.

You seem to be pretty solid in how you approach the market. Have my posts and charts helped in any way?

Take care,
I missed the Euro because I was on the Pound. It really helps to see others views and I know others who are not up to speed on Andrews must gain something from the posts.
Attached Image (click to enlarge)
Click to Enlarge Name: FCY383154-32.jpg Size: 92 KB
  • #234
  • Jul 1, 2010 8:42am Jul 1, 2010 8:42am
I too enjoy seeing other views as there are so many different ways to skin this cat .

Thanks for the reply and take care,
Trade what you see, not what you think or feel. Let the market come to you.
  • #235
  • Jul 1, 2010 8:51am Jul 1, 2010 8:51am
Updated chart...take a look.

Quoting FX4Newbies
More thoughts...another view. Please see chart for notes.
Attached Image (click to enlarge)
Click to Enlarge Name: Reason For Caution- Bulls pushed.jpg Size: 91 KB
Trade what you see, not what you think or feel. Let the market come to you.
  • #236
  • Jul 1, 2010 9:47am Jul 1, 2010 9:47am
Euro hit UML
Attached Image (click to enlarge)
Click to Enlarge Name: FCY383154-33.jpg Size: 105 KB
  • #237
  • Jul 1, 2010 9:47am Jul 1, 2010 9:47am
And the bulls kept pushing...
Attached Image (click to enlarge)
Click to Enlarge Name: Target2 Hit!!!!.jpg Size: 88 KB
Trade what you see, not what you think or feel. Let the market come to you.
  • #238
  • Jul 1, 2010 9:56am Jul 1, 2010 9:56am
I know

Thanks for sharing.

Quoting Wave Trader
Euro hit UML
Trade what you see, not what you think or feel. Let the market come to you.
  • #239
  • Jul 1, 2010 10:25am Jul 1, 2010 10:25am
Profit Stop now located at red line at 108.57 take profit target is ML
Attached Image (click to enlarge)
Click to Enlarge Name: FCY383154-35.jpg Size: 108 KB
  • #240
  • Jul 1, 2010 10:27am Jul 1, 2010 10:27am
Very nice. Have to run out for a bit: Will check how things panned out later.

Quoting Wave Trader
Profit Stop now located at red line at 108.57 take profit target is ML
Trade what you see, not what you think or feel. Let the market come to you.
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