Andrews Pitchfork (Median Line)

Thanks for the time taken to reply pips4life



Actually I find this “Separation” technique very leading so I want to use it along with VSA (for the context part). In this case I just wanted to see how good a pure separation signal is, so I guess such signals are only good for small profits.


are you talking about the close of the bar that is right before bar A? so in that case even if there's a separation after this bar, it is invalid? that's what you mean?


so a mere "Separation" is not enough or may be good enough for small profits?


yes you are right about this, can you show the correct way of drawing a fork on such a chart please?

Thanks for the reply, yes the reason I put up this query is to know how valid & good a pure separation signal is without considering other things, for small profits I think they are good, since I'm quite new to this method so I wanted to know how you pitchforker guys really think.

This was a post I made about a week or two ago and want to kknow what you guys thing

"Earlyer I posted I have a theory that I see EUR/USD at 1.63xx in August

Note this is pureley experemental and I would like your commenst on it, also this is the first time I used these tools so if i use them Incorrectley please correct me.

Pardon the chart, it is very busy and looks alot more complicated than it actualy is. So bare with me Im going to do the best to my still limmited knowlage to explain.

Here you see a chart that is in the weekley view
And with 2 downwards channels in green of the highes highs from 2007/06/xx till date and the lowest lows for same period
Also there is an upword trend green line for the lowest lows starting 2009/05/xx

Then youl see 1,2,3,4 Anderws Pichforks that I used. How I used them I took the High and the Lows on the downtrend and draged the tail to the previous Lowest Low this shows the paramiters for the maxumum highs. And as you can se if you look from 1 to 4 its constant at halfway Andrews Pichfork.

Then I went and drew in blue lin from each waves lowest low to the next highest high at each wave iterval. I noted that the pichfork corectly anticipated exactly where the highest high and the emerging trend line slice the downtrend green highest high. It even was spot on with the retrace in the middle of 3 and 4.

note where 5 should be there is also a correction that took place but now the trend hat turned back up and also predicts the high with Andrews pichfork wil slice the same at the highest high as the previous patterns. The only differance is the downtrend greel line of the highest high is a bit lower and cuts at 1.63xx

And then I added time frames and saw that the up trends lasted almost exactly 1 year and the down trends the same for all of the last 3 waves, and currently the wave we are trading in hasnt made it's mark as of yet, if patern highs and lows as well as timeframe. If the paterns hold it could meant 1.36xx by August

This is my theory and reason why I think EUR/USD will hed back to 1.63xx and only afterwards correct back down on the main downtrend. The pattern fits perfectly every wave so I like to belive this could hold ground.



But I draw this on pure inisiative and dont know if the way im anilizing can bear any merrit. Id like the hear everyones thoughts and comments. "

just one good separation bar but price closed below the ML on all occasion (circled area), also there's a failed triple top, I think these signals were enough for a small profit.

HOURLY AUD/USD

go short at purple median line?

Calling all fellow forkers I am looking for Dr. Alan Hall Andrews original course material its all of what 90 pgs long i just cant seem to find my book he taught with
Forked
thank you
>Splithand

You must haven't looked around at all. A simple google can give you all the original and more:

http://www.trading-naked.com/alan_andrews_course_1.htm

Well my friend you are very correct on.... I must not had looked very hard as this was the 1st place I looked after search all files and folders and I still think it here someplace heh any ways thank you for the link to Tim M.s site I know the response is quick here in the factory and was well still spinning from earlier this day thanks again
Regards : Split>>>>>>>>>>>>>>>

bump. So whats the trade?..short, or long off the green median line?

YEP

How did you time that short so perfectly? You would have had to get in right at the highs.

tire tracks up n down your track i can see you had your fun traffic jams straight see the lights turn green to red @ the intersection and back again
Split

I just look for a map and do my best to follow the trails.

Not sure if that answers my question tho.

Are you short from those highs? .. did you use a smaller time frame for entry?

I wasn't in on a trade for this pair.

Timothy Morge is scheduled to have his monthly webinar with Interactive Brokers today at 11am cst. It's entitled "Using Principles of Physics to Spot Price Frequency Identifying Trends".

Check it out if you are able to do so.

http://www.coghlancapital.com/node/5944

gold weekly

S&P 500,Monthly. Blue Andrews, magenta ModSchiff.