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Andrews Pitchfork (Median Line)

  • #2,961
  • Oct 27, 2010 12:27pm Oct 27, 2010 12:27pm
GU long
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  • #2,962
  • Oct 27, 2010 4:19pm Oct 27, 2010 4:19pm
Slotery,

Attached is a chart with some things you may want to consider.

For what it is worth.

xt

This is for educational purposes only and not an invitation, advice, or a recommendation to trade any currency, stock, bond, or commodity.
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  • #2,963
  • Oct 27, 2010 4:56pm Oct 27, 2010 4:56pm
EU and GU at critical points ..
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Click to Enlarge Name: EUR 240M(1).png Size: 49 KB
Click to Enlarge Name: EUR 240M(2).png Size: 48 KB
Click to Enlarge Name: GU 240M.png Size: 52 KB
Let someone arise from my bones as an avenger. Jesse Livermore
  • #2,964
  • Oct 27, 2010 5:04pm Oct 27, 2010 5:04pm
Hi, guys)) What says about my chart??......I think it will be good trade)
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  • #2,965
  • Oct 27, 2010 5:11pm Oct 27, 2010 5:11pm
Quoting xtsunami
Slotery,

Attached is a chart with some things you may want to consider.

For what it is worth.

xt

This is for educational purposes only and not an invitation, advice, or a recommendation to trade any currency, stock, bond, or commodity.
XT nice to see your charts again.
Welcome back to the thread.

Catalin
  • #2,966
  • Oct 28, 2010 5:12am Oct 28, 2010 5:12am
AUD.CAD back at the LML of the f4hr fork that has run for some months. However looking less efficient so have drawn a downfork just in case...

beeb
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  • #2,967
  • Oct 28, 2010 1:41pm Oct 28, 2010 1:41pm
It seems as if gbpjpy is supported on the daily by this trigger line, which I rarely take into consideration.



__________
michael
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-10-28_2036_GBPJPYDaily.jpg Size: 121 KB
Be like water.
  • #2,968
  • Oct 28, 2010 1:56pm Oct 28, 2010 1:56pm
msmarple,

Like the use of the gann grid, thought I was the only one to use that thing. As for your chart...

fwiw,

xt
Attached Image
  • #2,969
  • Oct 28, 2010 2:50pm Oct 28, 2010 2:50pm
Taking a closer look....

Thank you to all the great contributers - during the last days especially.




_________________
michael
Attached Image (click to enlarge)
Click to Enlarge Name: 2010-10-28_2148_gbpjpydaily_zoomin.jpg Size: 143 KB
Be like water.
  • #2,970
  • Oct 28, 2010 2:54pm Oct 28, 2010 2:54pm
Quoting xtsunami
msmarple,

Like the use of the gann grid, thought I was the only one to use that thing. As for your chart...

fwiw,

xt

Yes....... I thought that`s too obvious ( walking here on the shoulder of giants ).


_________________
michael
Be like water.
  • #2,971
  • Oct 28, 2010 3:49pm Oct 28, 2010 3:49pm
It looks a right mess and for that I apologise, but I like a short a little higher than it is now. Can use a tight stop on this I reckon.
It's also 61.8% fib.
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  • #2,972
  • Oct 28, 2010 4:46pm Oct 28, 2010 4:46pm
Quoting ScoTTyBEEE
It looks a right mess and for that I apologise, but I like a short a little higher than it is now. Can use a tight stop on this I reckon.
It's also 61.8% fib.
coming in short at 1.3930
thanks
  • #2,973
  • Oct 28, 2010 5:11pm Oct 28, 2010 5:11pm
Quoting CoolTrader
coming in short at 1.3930
thanks
Me too, I had several orders in the 30's up to 1.3938, 2 got triggered, 2 didn't, cancelled the others now so lets see what happens.
  • #2,974
  • Oct 28, 2010 5:19pm Oct 28, 2010 5:19pm
Quoting anthoniex
going against me

I think I know why FOREX gave me stomach ulcer
lol, love the skull and crossbones
  • #2,975
  • Oct 29, 2010 12:28am Oct 29, 2010 12:28am
Lazy Z in AU, but the stop is too damn big
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Let someone arise from my bones as an avenger. Jesse Livermore
  • #2,976
  • Oct 29, 2010 12:30am Oct 29, 2010 12:30am
Shame I closed my EUR/JPY short early last night. I didn't like the fact it hadn't reached the median line on the downward sloping orange fork before trying to breakout.
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  • #2,977
  • Oct 29, 2010 1:22am Oct 29, 2010 1:22am
Quoting ScoTTyBEEE
Shame I closed my EUR/JPY short early last night. I didn't like the fact it hadn't reached the median line on the downward sloping orange fork before trying to breakout.
I went short an hour before it fell.....but didn't monitor it and got stopped out by 2 pips ....
  • #2,978
  • Oct 29, 2010 1:33am Oct 29, 2010 1:33am
We'll see what happen...
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  • #2,979
  • Oct 29, 2010 2:19am Oct 29, 2010 2:19am
Quoting anthoniex
We'll see what happen...
at least 120 pips from this level. wow
  • #2,980
  • Oct 29, 2010 2:20am Oct 29, 2010 2:20am
Quoting anthoniex
I went short an hour before it fell.....but didn't monitor it and got stopped out by 2 pips ....
Ouch, hate it when that happens. Those larger spreads don't help.
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