Swing trading with Andrew's pitchforks and volume analysis journal

Stop moved to b/e on gb/ch. Was stopped out of gb/ca long earlier -.5%

Hedging with some weight against my GBPjpy position + 20 @ b/e

long NZDusd @ b/e + 17

closed jpy short
swissy out @ b/e

Forex room:

http://www.screencast.com/t/YJIaqSws7V7N

Futures room:

http://www.screencast.com/t/cQaEnffT5

Daily charts:

http://www.screencast.com/t/KkAR9Giyg5H

remember once you are in the libary you can toggle around to the other charts....they have all been updated.

I'm hoping this is coming from a good place. but just a touch of insulting my intelligence here.

here's what I'm looking at currently in the EU.

Nice moves in the dollar overnight...we'll see if this push can last...my bias
is still long dollars until we break some support, resistance areas established at the highs.

I certainly would never do or say anything with a mean spirit. They were just two charts showing a repeating pattern in two markets that I thought you would be interested in.
Sorry

I use M. Schiff forks a lot to spot corrections and tops and bottoms on these 3 wave moves...they work well in that respect.

glad to have you in the thread...feel free to post your pivots as you see them, always looking for frequency, extra eyes are always a good thing. If you want to talk about correlations go ahead and say so, I'm hip to that, been watching the commodity currencies AU,NZD,CAD tracking along with the SnP as of late. I don't do much as far as pitchfork explainations unless people ask as far as, warning lines, sliding parallels, M. Schiff's, frequency, switchbacks, signs of strength/weakness, a fork's efficiency/diverergence, A/R lines etc.

Have been looking at a lot of A/R lines--trend channels as of late, really like what I'm seeing...

I dunno may have time before work this morning to feel this one out...may wait till Sunday night / monday to take positions...

long swissy 15 pip stop. text should read looks good....lol...maybe it will turn out to be goo

goo...but tight stops...take your swings when you see them...it's part of the game.

stopped out.

Market reversing sharply ...will be keeping an eye out for exhaustion. Last sell off could have easily been a bear trap. The way the news and market is manipulated nothing really surprises me anymore...lol. Possibly could be putting in the right shoulder or this is wave 2 of the new downtrend or B of a larger correction.

Don't know if any of you put those AU volume price lines on your chart I offered you a while back(see post 577)...just wanted you to maybe reconsider...

Thanks for the welcome Bay

My bad

I sent those charts to an old friend that wants to switch from scalping the ES to currencies so I had beginner type notes on them. I had them in a file and found them interesting so I just posted them to share the pattern not the advice.

Like the one chart had a note to learn market construction was meant for him to look at structure first and then add his other tools etc. I can see why you would have thought the note was meant for you so apologies again.

Good trading

wasn't home to take the 70 pips of the table before the market reversed on me...still short just not as much...lol. Completion of 5 waves up implies a correction in the works will watch tonight for a pullback to look long and close my short.

NZD looks good short along with AU and swissy long.

EU looking like a good short opportunity here...

the 6/8...short gold @ 1703.

usdpairs, plus dx and gbpjpy

http://www.screencast.com/t/laqgQEISo

Futres:

http://www.screencast.com/t/hAb7gKnpyYoD

I'm looking at AU, GU, NZD, CHF all pretty much in the same stance wave 5 underway...

Keep in mind as I updated this link the past links will not be available. I delete the old charts and upload the new ones.