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Andrews Pitchfork (Median Line)

  • #3,241
  • Nov 22, 2010 6:34pm Nov 22, 2010 6:34pm
Enough bounce to cover, or take 1/2 and place stops on remainder under the prior low, while keeping a buck or two.
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  • #3,242
  • Nov 22, 2010 6:59pm Nov 22, 2010 6:59pm
Quoting xtsunami
I am not sure where I came across the story that Babson worked for a time with an MIT educated engineer named George F. Swain.

It was there Babson saw some stock charts that had a line drawn through price action and noticed how the swings of price interacted with that line....above and below.

Students always take things further than the teacher.


fwiw,

xt
Hey tsunami, just curious...did you post over at the free forum
At marketgeometry? You charts look familiar...

Also How do you use the different timeframes in your analysis? Do you have a bias from the daily/weekly? And how do you incorporate this bias into your shorter term trades?
  • #3,243
  • Nov 22, 2010 10:27pm Nov 22, 2010 10:27pm
Hey tsunami, just curious...did you post over at the free forum
At marketgeometry? You charts look familiar...


Shane i am trying for the forum in marketGeometry, but i could not get in!? how do we get in to the forum? Pls guide
  • #3,244
  • Nov 22, 2010 10:53pm Nov 22, 2010 10:53pm
Quoting fxvatsan
Hey tsunami, just curious...did you post over at the free forum
At marketgeometry? You charts look familiar...


Shane i am trying for the forum in marketGeometry, but i could not get in!? how do we get in to the forum? Pls guide
Unfortunately the free forum is no longer available! It's a shame as there was some useful posts and info on there....
  • #3,245
  • Nov 22, 2010 10:57pm Nov 22, 2010 10:57pm
Did anyone attend the Trader's Expo in Las Vegas last week?
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #3,246
  • Nov 22, 2010 11:19pm Nov 22, 2010 11:19pm
I checked S/R and fork, 200ema. Waited for the candles to close above the lines. After i entered it reversed! II know this is FX. My clarification to the forum is what is that i missed? Can anyone see what i missed?
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  • #3,247
  • Nov 23, 2010 12:07am Nov 23, 2010 12:07am
Quoting ShanB
Unfortunately the free forum is no longer available! It's a shame as there was some useful posts and info on there....
That is a shame, I enjoyed it as well !!
  • #3,248
  • Nov 23, 2010 12:11am Nov 23, 2010 12:11am
Quoting ShanB
Unfortunately the free forum is no longer available! It's a shame as there was some useful posts and info on there....

I thought as much.Thank you sir
  • #3,249
  • Nov 23, 2010 5:51am Nov 23, 2010 5:51am
Quoting ShanB
Hey tsunami, just curious...did you post over at the free forum
At marketgeometry? You charts look familiar...

Also How do you use the different timeframes in your analysis? Do you have a bias from the daily/weekly? And how do you incorporate this bias into your shorter term trades?
ShanB,

On rare occasion I did post a chart or two over the years at marketgeometry. As for bias...it depends on the particular account I am trading. If I am swing trading from an one, two or four hour chart, I do some work on the dailies and weeklies for targets. It is my humble opinion that the waves hitting the shore begin in the deep water.

I do not consider myself a forum rat, but in longer term trades, I will also visit forums to get a feel for sentiment. As sentiment is gathering momentum in one direction, it is time to be looking for entries in the opposite.

As for short charts, like the three minute posted above, I pick my entries and targets with only that chart in mind. I am only looking to ride whatever wave the day offers. Sometimes I have several waves to ride, other days I am left paddling around watching the sharks nip at each other. What is important is reward to risk ratio. If I am not looking at 3 or 4 : 1 , I am looking elsewhere.

Time analysis plays a prominent role in my trading, it is one thing to have a price for entry, but if it is not the right time, it can be dangerous. I wish I could say the combination makes me deadly accurate and without loss, but we both know that is not true. But it does help my odds a great deal.

Hope this answers your question, if not, fire another,

xt
  • #3,250
  • Nov 23, 2010 10:39am Nov 23, 2010 10:39am
steve-as you know, my work honors the old and new...95% of my trades are based on the .886 on gap on 5 as i posted at marketgeometry.both joed and i have had our work stolen and sold.. joed chose the route of not posting his best work. i chose the opposite, to post for free my most powerful work,believing that 99% of traders would dismiss out of hand that which is not being sold ...
  • #3,251
  • Nov 23, 2010 12:39pm Nov 23, 2010 12:39pm
Quoting xtsunami
ShanB,

On rare occasion I did post a chart or two over the years at marketgeometry. As for bias...it depends on the particular account I am trading. If I am swing trading from an one, two or four hour chart, I do some work on the dailies and weeklies for targets. It is my humble opinion that the waves hitting the shore begin in the deep water.

I do not consider myself a forum rat, but in longer term trades, I will also visit forums to...
Thanks for the excellent reply! You must also know Joed from the forum?! He also uses time in his trading, but not in a way that I can understand...yet lol.
  • #3,252
  • Nov 23, 2010 12:44pm Nov 23, 2010 12:44pm
Quoting gkiberd
steve-as you know, my work honors the old and new...95% of my trades are based on the .886 on gap on 5 as i posted at marketgeometry.both joed and i have had our work stolen and sold.. joed chose the route of not posting his best work. i chose the opposite, to post for free my most powerful work,believing that 99% of traders would dismiss out of hand that which is not being sold ...
Good to have you here Gkiberd! As Joed always says, most are too lazy and not willing to put in the work in the first place! Im lucky to have had Joed show me that one needs to MASTER the basics before all else.
  • #3,253
  • Nov 23, 2010 1:06pm Nov 23, 2010 1:06pm
Quoting ShanB
Thanks for the excellent reply! You must also know Joed from the forum?! He also uses time in his trading, but not in a way that I can understand...yet lol.
Indeed familiar with the handle and work of joed. When it comes to traveling the wrinkles in time, one collects tools along the way just like tools for price.

My own particular journey of time has taken me down some interesting paths whether it be Gann, astro, geometry, Plato, thermodynamics, and a handful of other esoterica, but I come back to some very basic tools.

When it all comes down to it, though, I like precision. But, time and price has come down to a zone....a narrow zone, but a zone none-the-less. No matter how hard I have tried, the world is not black and white, but has shades of gray.

fwiw,

xt
  • #3,254
  • Nov 23, 2010 1:41pm Nov 23, 2010 1:41pm
Quoting gkiberd
steve-as you know, my work honors the old and new...95% of my trades are based on the .886 on gap on 5 as i posted at marketgeometry.both joed and i have had our work stolen and sold.. joed chose the route of not posting his best work. i chose the opposite, to post for free my most powerful work,believing that 99% of traders would dismiss out of hand that which is not being sold ...
Good to see you here.
  • #3,255
  • Nov 23, 2010 4:14pm Nov 23, 2010 4:14pm
georgie,

"stolen and sold"???
free forum closing down
free monday's no more

strange times

Quoting gkiberd
believing that 99% of traders would dismiss out of hand that which is not being sold ...
who was it that said they could print their trade strategy on the front page of the NYT, and it would have no impact on the strategy?.........by virtue of being unable to follow the rules

the Turtle founder i believe

---------------------------------------------------------

some nice contemplations xt,

Quoting xtsunami
.........it is one thing to have a price for entry, but if it is not the right time, it can be dangerous. I wish I could say the combination makes me deadly accurate and without loss, but we both know that is not true.
Quoting xtsunami
No matter how hard I have tried, the world is not black and white, but has shades of gray.
  • #3,256
  • Nov 23, 2010 6:42pm Nov 23, 2010 6:42pm
Quoting gkiberd
steve-as you know, my work honors the old and new...95% of my trades are based on the .886 on gap on 5 as i posted at marketgeometry.both joed and i have had our work stolen and sold.. joed chose the route of not posting his best work. i chose the opposite, to post for free my most powerful work,believing that 99% of traders would dismiss out of hand that which is not being sold ...
Wasn't the .886 was found and developed by Scott M. Carney and Jim Kane (as they claim in their respective books) as being the fourth root of the 0.618 or the square root of the 0.786? Can you please refer a link to whatever you powerful work it is? Thanks.
Harmonics and Pitchfork using korHarmonics from TradingArsenal
  • #3,257
  • Nov 23, 2010 7:13pm Nov 23, 2010 7:13pm
Hello, SteveBrown,
I was also going through market geometry posts by gkiberd when the forum got taken down.

From what Morge said, they will not restore it.

I did take a few screen shots of some charts - not many. Perhaps we can compare what we grabbed. I have the .886 and the BLT. I am wanting "the wall" but I don't know what that is because I hadn't yet gotten to that post.

Quoting stevebrown
Hi there

Very keen to obtain information / posts from the marketgeometry public forum, particularly of gkiberd, joed, and others that I could get hold of please? (I was happily reading through & learning from these guys, until the site was pulled a couple of weeks ago.)

here's hoping...

all the best
Steve
  • #3,258
  • Nov 23, 2010 7:24pm Nov 23, 2010 7:24pm
GKIBERD:
Your .886 gap is still working. A friend used it on 11/18 on TF futures. And its 1.12 the next day. I can't post a chart right now but when I switch browsers I may be able to.

Quoting gkiberd
steve-as you know, my work honors the old and new...95% of my trades are based on the .886 on gap on 5 as i posted at marketgeometry.both joed and i have had our work stolen and sold.. joed chose the route of not posting his best work. i chose the opposite, to post for free my most powerful work,believing that 99% of traders would dismiss out of hand that which is not being sold ...
  • #3,259
  • Nov 23, 2010 7:26pm Nov 23, 2010 7:26pm
Quoting GreatYves
Wasn't the .886 was found and developed by Scott M. Carney and Jim Kane (as they claim in their respective books) as being the fourth root of the 0.618 or the square root of the 0.786? Can you please refer a link to whatever you powerful work it is? Thanks.
Does anyone chart the .941?

How about 1.414, 1.732? Or the square root of 5 = 2.236
  • #3,260
  • Nov 23, 2010 9:39pm Nov 23, 2010 9:39pm
Quoting auxesis
Does anyone chart the .941?

How about 1.414, 1.732? Or the square root of 5 = 2.236
You forget many others... I personally prefer the good old .618 golden ratio. But the .886 had recently stimulate my interest more and more. being a ratio where most people have totally lost hope of a reversal...

Primary Ratios:
(Directly derived from the Fibonacci Number Sequence)
• 0.618 = Primary Ratio
• 1.618 = Primary Projection

Primary Derived Ratios:
• 0.786 = Square root of the 0.618
• 0.886 = Fourth root of 0.618 or square root of the 0.786
• 1.13 = Fourth root of 1.618 or square root of the 1.27
• 1.27 = Square root of the 1.618

Complementary Derived Ratios:
• 0.382 = (1-0.618) or 0.6182
• 0.50 = 0.7072
• 0.707 = Square root of 0.50
• 1.41 = Square root of 2.0
• 2.0 = (1+1)
• 2.236 = Square root of 5
• 2.618 = 1.6182
• 3.14 = Pi
• 3.618 = (1+2.618)
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