Attachments: Andrews Pitchfork (Median Line)

Andrews Pitchfork (Median Line)

#2,521
Sep 4, 2010 11:59am Sep 4, 2010 11:59am

anthoniex
Joined Nov 2009 | Status: Trader | 1,093 Posts

Quoting pips4life

Disliked

Hi anthoniex,

Some opinions for you...

Ignored

Thanks pips4life. A good way to look at the market with ML.
I did manage to profit scalping on the 5min chart though and was so glad I didn't hold on to it too long. It looks like this time it's about to reverse or do a major pullback, even though price might overshoot 0.9235 level before it turns around. Let's wait and see....

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#2,522
Sep 5, 2010 6:09am Sep 5, 2010 6:09am

knucklehead
| Commercial User | Joined May 2010 | 472 Posts

Quoting anthoniex

Disliked

Thanks pips4life. A good way to look at the market with ML.
I did manage to profit scalping on the 5min chart though and was so glad I didn't hold on to it too long. It looks like this time it's about to reverse or do a major pullback, even though price might overshoot 0.9235 level before it turns around. Let's wait and see....

Ignored

What are the yellow lines on your chart? I have seen these in a few other charts in this thread it seems.

#2,523
Sep 5, 2010 11:31am Sep 5, 2010 11:31am

anthoniex
Joined Nov 2009 | Status: Trader | 1,093 Posts

Quoting knucklehead

Disliked

What are the yellow lines on your chart? I have seen these in a few other charts in this thread it seems.

Ignored

Are you asking about the down sloping Median Line/ pitchfork itself with the inner/quartile lines?

#2,524
Sep 5, 2010 4:26pm Sep 5, 2010 4:26pm

auxesis
Joined Apr 2007 | Status: (Latin: statūs), rank, state | 3,127 Posts

Quoting forkTrader

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All the credit goes to Tim Morge. What a great teacher he is.

Ignored

Agreed Tim is a great teacher, from a long time follower and old forum member, he's been doing it on the internet for years..... except now it comes with a price tag.

Kudos to him, but I'm in a bit conflict now, tis' hard to point anyone that direction when the meat of his teaching is reserved for paying premium members.

regards,

#2,525
Sep 5, 2010 9:59pm Sep 5, 2010 9:59pm

forkTrader
| Joined Mar 2010 | Status: Trader | 349 Posts

A study by Cambridge University researchers of highly pressured London traders, whose jobs requires risk taking and quick responses, found the most successful had long ring fingers in relation to their index fingers.

Not only did traders with long ring fingers make on average six times more money, they survived more years in a cut-throat world which weeded out the weak and unprofitable.

I found this on some blog after I watched a video about traits of successful traders on moneyshow.com

Well, I passed this test. I had my wife analyze the length of my ring and index fingers and she concluded that my ring finger is longer than index finger. But the unfortunate ones, who do not pass this test can contact a nearby plastic surgeon.

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Let someone arise from my bones as an avenger. Jesse Livermore

#2,526
Sep 5, 2010 10:51pm Sep 5, 2010 10:51pm

anthoniex
Joined Nov 2009 | Status: Trader | 1,093 Posts

Quoting forkTrader

Disliked

A study by Cambridge University researchers

Ignored

Mine are about the same length so I guess I'm gonna be at least break even...:-) while I keep stretching and pulling them.

#2,527
Sep 5, 2010 11:38pm Sep 5, 2010 11:38pm

hutrader
| Joined Jan 2010 | Status: Trader | 648 Posts

Quoting Wave Trader

Disliked

Tim Morge is a great teacher - but it takes a willing and able student to get the pips. Well done.

Ignored

So what's next and any site to tim?

#2,528
Sep 6, 2010 9:37am Sep 6, 2010 9:37am

knucklehead
| Commercial User | Joined May 2010 | 472 Posts

Quoting anthoniex

Disliked

Are you asking about the down sloping Median Line/ pitchfork itself with the inner/quartile lines?

Ignored

I believe its the inner/quartile lines.

#2,529
Sep 6, 2010 9:38am Sep 6, 2010 9:38am

knucklehead
| Commercial User | Joined May 2010 | 472 Posts

Does this pitchfork look right?

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#2,530
Sep 6, 2010 11:32am Sep 6, 2010 11:32am

eaglestar
Joined Mar 2008 | Status: He who believes has eternal life. | 3,774 Posts

Whats funny is that there is a similar study in sports on sprinters and runners in the olympics it has to deal with being exposed to testorone in the womb and proper balanced hormones. This is funny to me because as an old mentor of mine once said the best traders are women, musicians, and artists.

I find this is a method of art. Or as Tim says 80% science, 20% art

Quoting forkTrader

Disliked

A study by Cambridge University researchers of highly pressured London traders, whose jobs requires risk taking and quick responses, found the most successful had long ring fingers in relation to their index fingers.

Not only did traders with long ring fingers make on average six times more money, they survived more years in a cut-throat world which weeded out the weak and unprofitable.

I found this on some blog after I watched a video about traits of successful traders on moneyshow.com

Well, I passed this test. I had my wife analyze the length...

Ignored