Pitchfork Goldmine!

Weekly updates are now posted on the blog.

FX4

FX4 - I may stop by on the weekends - I like your energy and wish you well

TEAL Line - is a 3 x 3 displaced moving average - I use these on Weekly,

Daily and 240 Charts - this is a Joe Di Napoli indicator - because it is

displaced it is a leading indicator - Tim told me that one of the traders and

"gurus" out there that he respected was Joe Di Napoli - having met and

talked with Joe and his wife - I know WHY.

I use weekly charts to - SHOW ME THE WAY -

I use 240 charts to - SET UP TRADES

I use 20 minute charts to - GET ME THE MONEY

I never in a million years would have used 20 minute charts -

IF NOT FOR TIM

Using the Road Map - YELLOW LINES on the 240 and 20 are WEEKLY LINES

My wave count - indicates that we are going to NEW HIGHS - if there is a

failure - then I must re-adjust - but i will be watching along the way

INDICATORS - use Joe's 3x3 displaced moving average - AB=CD

(look at 240 Attached) - Fib Ratios

FORKS - use all the time - Like SHANE - I use countertrend forks to indicate

where the move may stop.

MARKET STRUCTURE - THE MOST IMPORTANT THING

TIM - SAYS

MARKET STRUCTURE - CONTEXT - FREQUENCY

In this order of importance

My view is

THE MOST IMPORTANT THING IS

SCREEN TIME AND FINDING YOUR OWN - ROAD MAP

My ROAD MAP may not fit your style

TIM's ROAD MAP is different - A true GURU

SHANE's ROAD MAP is different - A great grasshopper

PAUL's ROAD MAP is different - one of the best

BRYAN's ROAD MAP is remarkable because this is what I trade off of -

NO EXCUSES

Hello again Wave Trader,

Would love to glean from your insights and wisdom...even just on weekends . Thanks for the well wishes. Lots in my heart to do for traders but only so many hours in the day.

Appreciate your insights and spirit as a trader. I can tell that you have put together for yourself a very credible system and method of trading. Glad you are an independent thinker....you do not follow everything someone says because they are whoever, but you use what works for you in the way that it does. My hat off to you for that.

I have never used a displaced MA, but have often thought that if displayed it should have a leading edge. Might give it a try.

Regarding the TFs you use and how, I agree 150%!!! I use M15 instead of M20 and it works well for me. Weekly/Daily and M240 is critical. Weekly lines on the M240 are powerful.

Will take a look at Joe's 3x3 displaced MA - AB=CD??? Are these meant to be together?

Forks...ALWAYS . I hope by now visitors to this thread who are new to forks see and are convinced of how amazingly powerful they are.

Yes per Tim...Market Structure - Context- Frequency!

So glad you have your ROAD MAP and you know it. Keep on with your journey and make NO EXCUSES.

Demo accounts are just to help a trader learn the basics and test a system, but you learn to trade in the hot seat trading real money, because it is the emotional pain of a failed trade that teaches best...the lessons stick.

Greatly respect your insights and wisdom as a trader. Looking forward to your next post. Will also visit your favorite site from time to time when I need refreshing.

All the best,

FX$...oh, I meant FX4 (LOL)
was a typo, but I thought I would leave it...even just for chuckles

Hi again Wave Trader,

Just sent you a PM.

FX4

AB=CD

was sugested by LINDSEY - 1970 - I have been told

Paul uses AB=CD - a lot

I use it on Counter Trend moves. Seems to work well.

I AM A FORKER FOR LIFE

When I am down - I go to my favorite site -

you can not have a bad day there

Yes, Paul uses the AB=CD alot and Critical Price Concept from Lindsey.

FORKER FOR LIFE AS WELL...unless a newer and better version shows up...LOL...don't know how though. And, it will have to be backtested before I put it to use.

Thanks for the favorite site. For the benefit of other viewers..."when I am down"...hard to imagine with a fabulous system as you have, down days are possible. I hope every trader viewing can mature to the level of trader that you have become. Many are still in the stage of looking for a system to fix it all. Now, if you know you need one, then you better find one that is credible...as credible as you can find/make it, because you will need it! Then comes the YOU level...and the Managing Life level on the road to success.

Have a great week!

FX4

Hi again,

Re-read your post and almost overlooked a very important point: SCREEN TIME! This is where my biggest battle has been for some time. Thanks for the reminder. Will keep working toward it. The ROAD MAP is already in place.

Take care,

FX4

YEP!

At least I do my share

I realize this is an education site - Using EUR - And you do a great Job


My 4 are - EUR - CHF - GBP - AUD

I violated my rules on the AUD - I knew it was going up - AUD has been leading EUR

I tried to jump in where the Market Had Not Recognized.

I had 3 losses on the 5 minute verses no loses on the 20 minute

Fortunately I was Stubborn and went in the 4 time at the 20 minute SR

and recouped my losses

EVERYBODY CAN SCREW UP - GET BEYOND THAT - AND TRADE

GONE FOR NOW - D your PM screwed up - Most likely my fault

Hey at 59 I can - say it is Alshimeres

Wave Trader,

Will send another PM.

FX4

Good Monday morning traders,

Showing a simpler chart for a change. Decided to take the pivots of the extreme swings for my pitchfork. Surprise...price landed at the ML...or maybe not. Price could fall from here, breakthrough and go higher or roll. No tell at the moment, but its gotta say something, sometime.

All the best today,

FX4

this is not a road map,its my sat nav

Pike

Your Sat Nav...LOL...like the choice of term. Were those green arrows generated by some software program?

FX4

yes,but its top secret

Pike

playing with fibonacci is strange,there seems to be order in the universe,
perhaps the future is already written,

Pike

Okay then...LOL...it seems to work really well. The arrows on Wave Trader's chart from the Pesavento Patterns work well too.

Question: In real-time, how many of those arrows pop-up as price is moving? It is always so beautiful after the fact. What I have observed is that a trader still needs to have his/her system to know when to do what...those arrows etc. can be used as confirmation. Trying to trade off of them exclusively in real time can be hairy. Is my thinking correct? May I ask how long you have been using it: your Top Secret Weapon ? Also, if you can share...is it based on some algorithm that uses lookback periods...not saying that would be bad...just curious.

FX4

I tend to think that it already is...chance implies that no one is in control. Even in the way price plays out...somebody is in "control".

FX4

FX4,do you know of anyway to turn the fibonacci tool through 90 degrees,so it is on its side,horozontaly across the chart,instead of vertically ?

Pike

Are you referring to the Time Zones Tool as those lines appear vertically? The Retracement and Expansion percentage levels already appear horizontally. I am assuming that you want the Fib levels horizontal. "Turn the Fibonacci tool through 90 degrees"...is this in reference to the way you want to apply the tool to the chart? Just trying to be sure I understand exactly what you mean.

FX4

Hello Traders,

Have to be out early today. Wish you well in your trading. Will see how things went when I return.

FX4