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Pitchfork Goldmine!

  • #1,841
  • Jun 23, 2011 4:04am Jun 23, 2011 4:04am
Could not post very busy with charts and some short scalps too...

Now, need some sleep...only had 3 hours of shuteye...

anyway..shorted at 4402 just exited at 1.4265...check out the charts.,
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  • #1,842
  • Jun 23, 2011 5:53am Jun 23, 2011 5:53am
Quoting bdfxer
Could not post very busy with charts and some short scalps too...

Now, need some sleep...only had 3 hours of shuteye...

anyway..shorted at 4402 just exited at 1.4265...check out the charts.,
Wonderful! Got some rest last night as I have a full day today. May not post anything til much later.

Trade well...if you go at it again.

...only had 3 hours of shuteye...Is that a routine thing, or once in a while?

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #1,843
  • Jun 23, 2011 5:55am Jun 23, 2011 5:55am
Quoting Xhale12
Long at 82.530

http://img861.imageshack.us/img861/5598/capturebv.png
Hope you took the pips and left .

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #1,844
  • Jun 23, 2011 6:57am Jun 23, 2011 6:57am
On to a new day.

Here's what I am watching (for now) on the Aussie. Looking at an AB=CD pattern off of a switch back on the lower median line parallel of the Schiff.
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  • #1,845
  • Jun 23, 2011 7:24am Jun 23, 2011 7:24am
Quoting TraderMeir
On to a new day.

Here's what I am watching (for now) on the Aussie. Looking at an AB=CD pattern off of a switch back on the lower median line parallel of the Schiff.

unfortunately my entry was not hit
  • #1,846
  • Jun 23, 2011 8:33am Jun 23, 2011 8:33am
Quoting TraderMeir
unfortunately my entry was not hit
2nd chance, let's see what happens
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  • #1,847
  • Jun 23, 2011 10:48am Jun 23, 2011 10:48am
Eyeing the Euro 240. Stops below the recent double bottoms formed.
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  • #1,848
  • Jun 23, 2011 11:30am Jun 23, 2011 11:30am
sometimes I just like the art
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  • #1,849
  • Jun 23, 2011 4:39pm Jun 23, 2011 4:39pm
Just got back to trading mode...busy day. Saw an opportunity for a scalp on Eur-Usd....+10 pips. Will reply to posts made earlier later on.

FX4
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Trade what you see, not what you think or feel. Let the market come to you.
  • #1,850
  • Edited 7:39pm Jun 23, 2011 5:58pm | Edited 7:39pm
Short at 82.287

http://img69.imageshack.us/img69/3267/captureozv.png
What is any ocean but a multitude of drops?
  • #1,851
  • Jun 23, 2011 8:47pm Jun 23, 2011 8:47pm
Would be interesting to see if price would try to go up to test any of the three areas of support it broke (2 blue HLs and green L-MLH) as resistance for some switchback action. A deciding moment I think....mho. Time will definitely tell on this one.

Back to bed. Still trying to fall asleep . Will tackle other posts later.

FX4
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Trade what you see, not what you think or feel. Let the market come to you.
  • #1,852
  • Jun 24, 2011 3:39am Jun 24, 2011 3:39am
Quoting TraderMeir
On to a new day.

Here's what I am watching (for now) on the Aussie. Looking at an AB=CD pattern off of a switch back on the lower median line parallel of the Schiff.
Switch backs are very often high probability setups with good entries.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #1,853
  • Jun 24, 2011 3:42am Jun 24, 2011 3:42am
Quoting TraderMeir
2nd chance, let's see what happens
This one played out nicely. Hope you were able to get in.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #1,854
  • Jun 24, 2011 3:44am Jun 24, 2011 3:44am
Quoting Xhale12
Short at 82.287

http://img69.imageshack.us/img69/3267/captureozv.png
Nice fork Xhale12. Looks like you got some +pips ..Chi-Ching!!!

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #1,855
  • Jun 24, 2011 3:45am Jun 24, 2011 3:45am
Quoting TraderMeir
sometimes I just like the art
...and the nimbleness and nerves of steel to ride with it . A finely tuned fork there for sure.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #1,856
  • Jun 24, 2011 11:25am Jun 24, 2011 11:25am
Looking to buy a re-test of the lower median line parallel. Friday's are always tough, but let's see how it plays out.
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  • #1,857
  • Jun 24, 2011 11:29am Jun 24, 2011 11:29am
Quoting TraderMeir
Looking to buy a re-test of the lower median line parallel. Friday's are always tough, but let's see how it plays out.
Yes they are. Might give a pop...just looking at M15. Not trading today. Need the time to work on some other projects.

All the best if you decide to click.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #1,858
  • Jun 24, 2011 12:10pm Jun 24, 2011 12:10pm
Quoting FX4Newbies
Yes they are. Might give a pop...just looking at M15. Not trading today. Need the time to work on some other projects.

All the best if you decide to click.

FX4
I trade the 20min in general. I have always been curious whether professional pitchfork traders use anything smaller. From what I've seen they mainly use the 20 and the 240 (and sometimes the Daily). I've seen Paul Coghlan look at the 1min, but I do not know whether he trades off of it.

...and I clicked, let's see how it plays out...I usually like to see more validation for the fork, but there were other indications I am working with.

-have a great weekend
  • #1,859
  • Jun 24, 2011 12:20pm Jun 24, 2011 12:20pm
Quoting TraderMeir
I trade the 20min in general. I have always been curious whether professional pitchfork traders use anything smaller. From what I've seen they mainly use the 20 and the 240 (and sometimes the Daily). I've seen Paul Coghlan look at the 1min, but I do not know whether he trades off of it.

...and I clicked, let's see how it plays out...I usually like to see more validation for the fork, but there were other indications I am working with.

-have a great weekend
I know of some professional traders that trade M5. It all depends on their overall strategy. Hope you get some +pips.

Have a great weekend as well.

FX4
Trade what you see, not what you think or feel. Let the market come to you.
  • #1,860
  • Jun 24, 2011 12:28pm Jun 24, 2011 12:28pm
The power of energy points still fascinate me
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