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Pitchfork Goldmine!

  • #1,421
  • Mar 7, 2011 3:43am Mar 7, 2011 3:43am
Price has the momentum to make it to the upside target, but making it there is another story altogether.
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #1,422
  • Mar 7, 2011 6:38am Mar 7, 2011 6:38am
Euro still trying to push higher...no lower lows yet, but still higher highs.

FX4
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Trade what you see, not what you think or feel. Let the market come to you.
  • #1,423
  • Mar 7, 2011 8:44am Mar 7, 2011 8:44am
Right on the kisser!
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #1,424
  • Mar 7, 2011 4:30pm Mar 7, 2011 4:30pm
A tale of two forks...
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #1,425
  • Mar 7, 2011 5:27pm Mar 7, 2011 5:27pm
Quoting kapital
A tale of two forks...
Very nice forks, both caught the Pivot 2 to Pivot 3 swings well. Sometimes, price may bounce between fork lines...a good example of that here.

Take care,

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #1,426
  • Mar 7, 2011 5:28pm Mar 7, 2011 5:28pm
Quoting kapital
Right on the kisser!
Yup! Didn't see the launch on that one.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #1,427
  • Mar 8, 2011 6:26am Mar 8, 2011 6:26am
Price has been heading south...Hopefully it would give a bounce and an entry.

FX4
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Trade what you see, not what you think or feel. Let the market come to you.
  • #1,428
  • Mar 8, 2011 11:10am Mar 8, 2011 11:10am
Got a bounce. Let's see if we get an entry.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #1,429
  • Mar 9, 2011 6:26am Mar 9, 2011 6:26am
Well price has been working its way down. Just came back to the area where it took out some buyers. News to come later this morning. Let's see what the market will do with this.

FX4
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Trade what you see, not what you think or feel. Let the market come to you.
  • #1,430
  • Mar 9, 2011 2:51pm Mar 9, 2011 2:51pm
Hey Guys,

One of the top traders from Tim Morge's old forum has started a new blog. I have come to know him over the last year and he has a wealth of knowledge and is considered by some to be one of the best trading minds of our time. He uses the forks and other tools in his trading. Stop by and check out his blog!

http://traderjoed.blogspot.com/
  • #1,431
  • Mar 9, 2011 3:22pm Mar 9, 2011 3:22pm
Quoting ShanB
Hey Guys,

One of the top traders from Tim Morge's old forum has started a new blog. I have come to know him over the last year and he has a wealth of knowledge and is considered by some to be one of the best trading minds of our time. He uses the forks and other tools in his trading. Stop by and check out his blog!

http://traderjoed.blogspot.com/
Nice. Thanks
  • #1,432
  • Mar 9, 2011 4:13pm Mar 9, 2011 4:13pm
Quoting ShanB
Hey Guys,

One of the top traders from Tim Morge's old forum has started a new blog. I have come to know him over the last year and he has a wealth of knowledge and is considered by some to be one of the best trading minds of our time. He uses the forks and other tools in his trading. Stop by and check out his blog!

http://traderjoed.blogspot.com/
Hi ShanB,

Thanks for the info. Heard of him as well. Will check it out.

Take care,

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #1,433
  • Mar 10, 2011 5:45am Mar 10, 2011 5:45am
Good Morning Traders,

News to come...

Here is a view of the EU. Price making its way lower, but has run into some buyers...long tails on candles. Gotta watch what happens here as price might have to zoom through if it wants to go lower...then there might be a bounce and a fall further unless it just falls hard right after the zoom. Look left...a tough area to clear.

Take your time,

FX4Newbies
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Trade what you see, not what you think or feel. Let the market come to you.
  • #1,434
  • Mar 11, 2011 6:31am Mar 11, 2011 6:31am
EU has been sliding downhill. In another support area. News to come this morning. Be watchful.

FX4
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Trade what you see, not what you think or feel. Let the market come to you.
  • #1,435
  • Mar 11, 2011 6:53am Mar 11, 2011 6:53am
Still at work...
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #1,436
  • Edited 7:33am Mar 11, 2011 7:16am | Edited 7:33am
Quoting kapital
Still at work...
Yeah!!! Didn't see the time-frame. Maybe now that price has cleared the downward fork, you might get the next ML. Wish price would have been heading more directly to the ML already. We'll see how it plays out.

FX4

P.S. Is it the Daily?
Trade what you see, not what you think or feel. Let the market come to you.
  • #1,437
  • Edited 5:35pm Mar 12, 2011 5:12pm | Edited 5:35pm
Donna

I wish you the best. I have suspended all distractions - I must Trade

It took me a long time to get a ROAD MAP. Tim uses that term.

My ROAD MAP is difterent than his but I have found my way.

NEWBIES - Tim says this - the fork frames the trade - I believe this

and I use it. I am also - WAVE TRADER - therefore I trade

the waves.

Trading can be great - once you get a - ROAD MAP - Spend all your time

getting a ROAD MAP - and DEMO ACCOUNTS ARE WORTHLESS.

OK - I have offended enough traders - back to my hovel.

Attached are my charts - guess were I was long and short - this is a game

Three (3) trades this week - Look at 20 minute - Last week was a home run -

Why?
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  • #1,438
  • Mar 12, 2011 5:35pm Mar 12, 2011 5:35pm
Donna,

do you use wave counts? I would think not sinse I never see them on your chart.
  • #1,439
  • Mar 12, 2011 6:29pm Mar 12, 2011 6:29pm
Quoting Wave Trader
Donna

I wish you the best. I have suspended all distractions - I must Trade

It took me a long time to get a ROAD MAP. Tim uses that term.

My ROAD MAP is difterent than his but I have found my way.

NEWBIES - Tim says this - the fork frames the trade - I believe this

and I use it. I am also - WAVE TRADER - therefore I trade

the waves.

Trading can be great - once you get a - ROAD MAP - Spend all your time

getting a ROAD MAP - and DEMO ACCOUNTS ARE WORTHLESS.

OK - I have offended enough traders - back to my hovel.

Attached are...
Hello WaveTrader,

Appreciate you taking the time to stop by. I do understand the statement...I must TRADE. It is amazing how things can easily be distractions, even if it might be for a few minutes. Trading requires us to be in a zone for sure.

Yes, forks do frame the trade and I hope those who have been visiting the thread are now convinced of that.

I have been trying to fine tune some things. Getting a little better.

Stay on your Road Map. I know I have found mine as well, just need to fine tune my day's routine.

All the best and when you come out of your hovel, keep us updated on your journey. BTW, what is that teal shadowing...an MA?

FX4Newbies
Trade what you see, not what you think or feel. Let the market come to you.
  • #1,440
  • Mar 12, 2011 6:33pm Mar 12, 2011 6:33pm
Quoting big_pipin
Donna,

do you use wave counts? I would think not sinse I never see them on your chart.
Hi Big Pipin,

I do keep an eye for the Andrews' pivot count and I do look for basic Elliott Wave formats. If I see them I mark them in. I just don't put it all here but it is in the back of my mind. I do also put up a Fib Retracement or Expansion as needed, but everything comes after the fork frames the trade/tells the story, and depends on what clarity I think I need at that time.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
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