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Andrews Pitchfork (Median Line)

  • #5,041
  • Mar 22, 2012 10:46pm Mar 22, 2012 10:46pm
Hi Peter,
Nice thread you got going here. Here is my chart on S&P500. The last time price touched mid line of the fork, it was the start of a massive fall ( about 30%). I am expecting the same here. Just a bit doubtful on the timing though. I use Fibo time zones on diff time frames and I get around mid -end may. Thought it could come handy in this thread as well.
Good luck.
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Find a job that you love and you dont have to work again in your life.
  • #5,042
  • Mar 22, 2012 10:55pm Mar 22, 2012 10:55pm
thank you

it does feel like my own private thread most of the time

myself i wouldnt be willing to short S&P there, just my style though..........that said, if you have Time on your side

time is an interesting one, i've been playing around with it, seeing what i can work

good luck

PS thanks for the vote of confidence, and same to you

Quoting tradoholic
Hi Peter,
Nice thread you got going here. Here is my chart on S&P500. The last time price touched mid line of the fork, it was the start of a massive fall ( about 30%). I am expecting the same here. Just a bit doubtful on the timing though. I use Fibo time zones on diff time frames and I get around mid -end may. Thought it could come handy in this thread as well.
Good luck.
  • #5,043
  • Mar 22, 2012 11:16pm Mar 22, 2012 11:16pm
Quoting PeterE
thank you

it does feel like my own private thread most of the time

myself i wouldnt be willing to short S&P there, just my style though..........that said, if you have Time on your side
Thanks for that.
I use S&P as well as DJ as a guide for the effect on currency pairs. I normally dont trade them. I mainly concentrate on AU, EU and GBP.
I have subscribed to this thread and will keep dropping by... Good luck.
Find a job that you love and you dont have to work again in your life.
  • #5,044
  • Mar 23, 2012 3:33am Mar 23, 2012 3:33am
TP just hit +75
.
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  • #5,045
  • Mar 23, 2012 6:18am Mar 23, 2012 6:18am
240 MLs finding good frequency
.
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  • #5,046
  • Mar 23, 2012 11:13pm Mar 23, 2012 11:13pm
Just a recent observation I made...
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #5,047
  • Mar 24, 2012 8:18am Mar 24, 2012 8:18am
very nice...
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  • #5,048
  • Mar 25, 2012 11:07am Mar 25, 2012 11:07am
Looking long for a new high from here.
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  • #5,049
  • Mar 25, 2012 5:19pm Mar 25, 2012 5:19pm
looking to get long on a pullback.
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  • #5,050
  • Mar 25, 2012 5:39pm Mar 25, 2012 5:39pm
bulls come to market??
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  • #5,051
  • Mar 25, 2012 6:12pm Mar 25, 2012 6:12pm
looking prime for a break...dx does look head shouldery
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  • #5,052
  • Mar 25, 2012 6:46pm Mar 25, 2012 6:46pm
..all trickster in the world play the euro, will envisage a strong and likely violent upward thrust to discourage any brave bear, it will have to be quick otherwise the bear backbenches may resist..

will try to keep the updates.
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  • #5,053
  • Mar 25, 2012 6:58pm Mar 25, 2012 6:58pm
maybe we can get back to prior highs...seeing how EuroZone is in such good shape and all...
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  • #5,054
  • Mar 26, 2012 1:59am Mar 26, 2012 1:59am
up or down???
.
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  • #5,055
  • Edited 3:45am Mar 26, 2012 2:03am | Edited 3:45am
up or dn???

edit: dn.........-30
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  • #5,056
  • Mar 26, 2012 3:38am Mar 26, 2012 3:38am
Quoting pet
bulls come to market??

from here it should be clear on what will happen after the action within the shaded area, am still bullish bias so awaiting the confirmation for entry, lets see if we get reactions at fibs levels..

more pips to all
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  • #5,057
  • Mar 26, 2012 5:09am Mar 26, 2012 5:09am
Quoting pet
from here it should be clear on what will happen after the action within the shaded area, am still bullish bias so awaiting the confirmation for entry, lets see if we get reactions at fibs levels..

more pips to all
more pips to all
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  • #5,058
  • Mar 26, 2012 5:13am Mar 26, 2012 5:13am
some momentum up to the next ML, would be nice
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  • #5,059
  • Mar 26, 2012 6:06am Mar 26, 2012 6:06am
couple of 100pips from this one perhaps
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  • #5,060
  • Mar 26, 2012 7:09am Mar 26, 2012 7:09am
+75
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