Andrews Pitchfork (Median Line) | Page 187 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Better Andrews Pitchfork and MT4 15 replies

Andrews Pitchfork 120 replies

Andrews Pitchfork video 22 replies

median line Bollinger band cross 3 replies

Attachments: Andrews Pitchfork (Median Line)
Exit Attachments

Andrews Pitchfork (Median Line)

  • #3,721
  • Jan 11, 2011 8:01pm Jan 11, 2011 8:01pm
Quoting xtsunami
usd/jpy

short at 86.36 stop just above 83.50, target 81.50.

fwiw
Have the same chart and trade! Was already short at the first test at 83.57. Got stopped out at breakeven. Looking to get short again at the breakdown of the 1-2-3 top!

One question...how did you determine your target? Im looking to get out after
I get 3 pushes(5pivots) in the direction of the trade. The first push has already happened and judging by the degree of the reaction your target looks like it could be reached.
BTW...nice to see that I have the same trade as you XT, good to be in your company
Attached Image (click to enlarge)
Click to Enlarge Name: 1_11-JPY-TRADE.JPG Size: 119 KB
Attached Image
  • #3,722
  • Jan 12, 2011 12:31am Jan 12, 2011 12:31am
Quoting xtsunami
usd/jpy

short at 86.36 stop just above 83.50, target 81.50.

fwiw
Nice setup xt sir.

GY dailies in NU is quite clear Thanks for that...once the top is taken out I will again initiate longs.
  • #3,723
  • Jan 12, 2011 12:43am Jan 12, 2011 12:43am
...
Attached Image (click to enlarge)
Click to Enlarge Name: UJ.GIF Size: 30 KB
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #3,724
  • Jan 12, 2011 1:13am Jan 12, 2011 1:13am
E/u 240min. Nice bounce off energy point.
Attached Image (click to enlarge)
Click to Enlarge Name: eur-usd.jpg Size: 192 KB
  • #3,725
  • Jan 12, 2011 1:24am Jan 12, 2011 1:24am
u/j short at 83.045 . 240min.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.jpg Size: 124 KB
  • #3,726
  • Jan 12, 2011 1:24am Jan 12, 2011 1:24am
Reaction off of the low has been relatively weak for the euro...stalking a short
coming into the confluence area...
Attached Image (click to enlarge)
Click to Enlarge Name: 1_11_eur01.JPG Size: 113 KB
  • #3,727
  • Jan 12, 2011 2:07am Jan 12, 2011 2:07am
Anyone catch this one on USD CAD, i was posting on my blog yesterday
Sorry i dont have to much time to be everywhere
Here is the chart.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcan_1h_last_target.png Size: 46 KB
  • #3,728
  • Jan 12, 2011 5:54am Jan 12, 2011 5:54am
Quoting GreatYves
I guess you mean you already short @ 83.36? You write 86.36.
Yes, 83.36...fat fingers and small keys do not also play well together.
  • #3,729
  • Jan 12, 2011 4:02pm Jan 12, 2011 4:02pm
Geometry and cycles coming together in the pound...Looks like a good short setup!
Attached Image (click to enlarge)
Click to Enlarge Name: 1_12_GBP-1.JPG Size: 105 KB
  • #3,730
  • Jan 12, 2011 4:46pm Jan 12, 2011 4:46pm
Pipelines open

Long Dollar/Cad .9860 targeting Par/1.00ish stops just below 98.45



fwiw..........
Attached Image (click to enlarge)
Click to Enlarge Name: !.gif Size: 20 KB
  • #3,731
  • Jan 12, 2011 5:42pm Jan 12, 2011 5:42pm
Quoting ShanB
Geometry and cycles coming together in the pound...Looks like a good short setup!
Indeed! What a lovely setup! And a bearish Gartley on top of this. The fork is giving us a very short risk entry. Temptation to go heavy on this. My evil side is talking to me now.

Attached Image (click to enlarge)
Click to Enlarge Name: gbpusd240.gif Size: 37 KB
Harmonics and Pitchfork using korHarmonics from TradingArsenal
  • #3,732
  • Jan 12, 2011 6:55pm Jan 12, 2011 6:55pm
Quoting auxesis
Pipelines open

Long Dollar/Cad .9860 targeting Par/1.00ish stops just below 98.45



fwiw..........
Bullish Butterfly also on loonie.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.gif Size: 28 KB
Harmonics and Pitchfork using korHarmonics from TradingArsenal
  • #3,733
  • Jan 12, 2011 11:01pm Jan 12, 2011 11:01pm
NU is still struck in this zone its a high RRR trade . Let us see how it will unfold.

I find this article interesting so sharing here... http://www.innerfx.com/fx-education/...-einstein.html

GY don not concentrate too much on gartleys specially ZUP indicator It will draw every five point structure as gartley or butterfly.

Concentrate on PA in PRZ & internal structure rather than blindly follow indicator.

TAQ
Attached Image (click to enlarge)
Click to Enlarge Name: f301.gif Size: 22 KB
  • #3,734
  • Jan 12, 2011 11:53pm Jan 12, 2011 11:53pm
taq any comments on the blatant manipulation of the EURUSD by funds and banks?

Literally blew through all important demand zones, wondering when the short squeeze will come =/
  • #3,735
  • Jan 13, 2011 4:24am Jan 13, 2011 4:24am
Daily Euro still looks bearish to me, and that 0.38.2 harmonic still has lots of room to play out.. They tend to be quite vicious in their moves, so no real surprise that nearer term demand levels were blown out of the water...
Monday's low was interesting: right on the sliding parallel of the mod schiff. But if that red schiff is drawn as a regular schiff, price kissed and rejected the median line.
But I prefer the frequency of the mod schiff.......

Looking for another shorting opportunity, maybe a set up will present in the 1 hour time frame? We will see....
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 001 Jan. 13...Euro1.jpg Size: 107 KB
Click to Enlarge Name: 002 Jan. 13...Euro2.jpg Size: 134 KB
  • #3,736
  • Jan 13, 2011 5:47am Jan 13, 2011 5:47am
Quoting taq
NU is still struck in this zone its a high RRR trade . Let us see how it will unfold.

I find this article interesting so sharing here... http://www.innerfx.com/fx-education/...-einstein.html

GY don not concentrate too much on gartleys specially ZUP indicator It will draw every five point structure as gartley or butterfly.

Concentrate on PA in PRZ & internal structure rather than blindly follow indicator.

TAQ
Understood! Thanks.
Harmonics and Pitchfork using korHarmonics from TradingArsenal
  • #3,737
  • Jan 13, 2011 6:37am Jan 13, 2011 6:37am
see if back in this area
Attached Image (click to enlarge)
Click to Enlarge Name: gu.jpg Size: 102 KB
  • #3,738
  • Jan 13, 2011 6:44am Jan 13, 2011 6:44am
Quoting Orbital
taq any comments on the blatant manipulation of the EURUSD by funds and banks?

Literally blew through all important demand zones, wondering when the short squeeze will come =/
Wish I could give you a valid reason for this movement but I don't have any, this reversal was beyond my understanding.
QE2 was unexpected for me & remember only FED has the resources to create imbalance in the market which they are using.. We are not analyst we are traders there is no point fighting them.

Use those old supply zone in 240-min as probable support zone..follow PA & trade with strict SL stay away from dailies for now... that will require large SL.

Updated NU 240-min nice +100 pips movement.

TAQ
Attached Image (click to enlarge)
Click to Enlarge Name: f303.gif Size: 22 KB
  • #3,739
  • Jan 13, 2011 7:04am Jan 13, 2011 7:04am
waiting for a possible return
Attached Image (click to enlarge)
Click to Enlarge Name: nu.jpg Size: 95 KB
  • #3,740
  • Jan 13, 2011 7:33am Jan 13, 2011 7:33am
Quoting auxesis
Pipelines open

Long Dollar/Cad .9860 targeting Par/1.00ish stops just below 98.45

fwiw..........
Partial taken, free ride on remainder.
Attached Image (click to enlarge)
Click to Enlarge Name: !.gif Size: 22 KB
3 traders viewing now