Andrews Pitchfork (Median Line) | Page 288 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Better Andrews Pitchfork and MT4 15 replies

Andrews Pitchfork 120 replies

Andrews Pitchfork video 22 replies

median line Bollinger band cross 3 replies

Attachments: Andrews Pitchfork (Median Line)
Exit Attachments

Andrews Pitchfork (Median Line)

  • #5,741
  • Sep 3, 2013 10:55am Sep 3, 2013 10:55am
Quoting eaglestar
USDCHF heading higher on break retest continuation EURUSD continuing lower to bottom pink median line or resistance. Looking for possible short in EURJPY but will wait for further price action to show weakness. Davit please continue posting {image} {image} {image} {image} {image} {image} {image}

Hi Eagle
If you overlap your fork on UJ over my chart you'll see it clearly where strong turning points are.
I am just waiting for UJ to get 101 or close to it.
Attached Image (click to enlarge)
Click to Enlarge Name: usdjpy.daily.png Size: 28 KB
In trading, you have to be defensive and aggressive at the same time
  • #5,742
  • Sep 3, 2013 10:59am Sep 3, 2013 10:59am
on UC key area of interest for shorts are strong 1.070 medium 1.60 weak 1.050
1.27 extension is very strong confluence and combine that with previous resistance then one can clearly see it as a turning point area.

Note my charts are supporting what Eagle already posted.Just another way to see it.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.weekly.png Size: 48 KB
In trading, you have to be defensive and aggressive at the same time
  • #5,743
  • Sep 3, 2013 12:04pm Sep 3, 2013 12:04pm
Quoting eaglestar
USDCHF heading higher on break retest continuation EURUSD continuing lower to bottom pink median line or resistance. Looking for possible short in EURJPY but will wait for further price action to show weakness. Davit please continue posting {image} {image} {image} {image} {image} {image} {image}
hey mate, its Joseph, like the charts bro. similar target with USDCHF, either way i see this thing going up .9700 if we break now first or head down before going up.

Attached Image (click to enlarge)
Click to Enlarge Name: usdchfh4.png Size: 35 KB
  • #5,744
  • Sep 4, 2013 12:53am Sep 4, 2013 12:53am
Quoting Davit
{quote} Hi Eagle If you overlap your fork on UJ over my chart you'll see it clearly where strong turning points are. I am just waiting for UJ to get 101 or close to it. {image}
Yes Davit you are very correct in your analysis. I do not put the turning points any longer on my charts as it can confuse others. (and sometimes myself ) Thank you
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #5,745
  • Sep 4, 2013 1:29am Sep 4, 2013 1:29am
Quoting danman25
{quote} hey mate, its Joseph, like the charts bro. similar target with USDCHF, either way i see this thing going up .9700 if we break now first or head down before going up. {image}
It is funny how forks which relate price and time often will end where price reacts. In my experience forks are a mixture of s/d zones and cycle lines. s/d is price based where cycle lines and trend lines are more time based. Thanks for sharing
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #5,746
  • Sep 4, 2013 1:43am Sep 4, 2013 1:43am
USDCAD looking to fall on the frequency of this fork. Look for more weakness before entering. My EJ short was stopped at BE. Looks like larger fork is still playing. EU may retrace a bit on the blue fork. Still holding USDCHF long.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2013-09-04_023823.png Size: 25 KB
Click to Enlarge Name: 2013-09-04_024057.png Size: 23 KB
Click to Enlarge Name: 2013-09-04_024213.png Size: 23 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #5,747
  • Sep 4, 2013 2:28am Sep 4, 2013 2:28am
Quoting eaglestar
USDCAD looking to fall on the frequency of this fork. Look for more weakness before entering. My EJ short was stopped at BE. Looks like larger fork is still playing. EU may retrace a bit on the blue fork. Still holding USDCHF long. {image} {image} {image}

Hi Eagle
Lots of fundamental Red Box News on Loonie 6hrs from now coming up.The data on Loonie has been pitiful all summer and Price reflects that.
My Sell zone area is 1.060 and even stronger 1.070 zone and if data comes out negative which very likely might be then I expect break of 500 to 60-70 zone.
If positive then obviously lower perhaps even 300.
I am heavy short on GC like 15 positions and positive news on Loonie surly will be appreciated.
Attached Image (click to enlarge)
Click to Enlarge Name: usdcad.weekly.png Size: 47 KB
In trading, you have to be defensive and aggressive at the same time
  • #5,748
  • Sep 4, 2013 3:03am Sep 4, 2013 3:03am
Hi Guys
Long time since I posted something on FF , but I like forks and babson channels .
Monthly USDCAD is showing a HL although not confirmed yet , but it looks like the market wants to go higher and that the green fork is in charge , but weekly chart still more like downpressured , but looks like a possible turnaround.
The 4hr has a nice uptrending fork ( likely the same fork as more people are showing here) and I see a possible fractal on the daily.
So all in all I dont want to short the loonie.
BTW I am long.
Hope to contribute something to this nice thread.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: USDCAD mnt 4sep13.gif Size: 129 KB
Click to Enlarge Name: USDCAD wkly 4sep13.gif Size: 145 KB
Click to Enlarge Name: USDCAD 4hr 4sep13.gif Size: 130 KB
Click to Enlarge Name: USDCAD 4sep13fractal.gif Size: 115 KB
  • #5,749
  • Sep 4, 2013 3:17am Sep 4, 2013 3:17am
couple of CAD forks to add to the mix - Daily and 240 min:
Attached Image(s) (click to enlarge)
Click to Enlarge Name: cd.png Size: 60 KB
Click to Enlarge Name: c240.png Size: 58 KB
  • #5,750
  • Sep 4, 2013 10:20am Sep 4, 2013 10:20am
Quoting eaglestar
......... EU may retrace a bit on the blue fork. Still holding USDCHF long. {image} {image} {image}
Almost perfect touch. I had minor positions open yesterday when I saw this. Today I got stopped out for profit, but well ..... maybe should have closed yesterday. On the other I am just starting to learn this:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 75 KB
Posting Demo charts, mirroring some of them live.
  • #5,751
  • Sep 4, 2013 10:23am Sep 4, 2013 10:23am
Let's see how AUDJPY reacts after the touch of this line:
Attached Image (click to enlarge)
Click to Enlarge Name: Screenshot1.png Size: 62 KB
Posting Demo charts, mirroring some of them live.
  • #5,752
  • Sep 4, 2013 11:50am Sep 4, 2013 11:50am
Quoting forexpiet
Let's see how AUDJPY reacts after the touch of this line: {image}
Maybe this would be better? It is good to draw the forks from the extremes of price and even better when a center line coincides with price action.
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-09-04_124903.png Size: 17 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #5,753
  • Sep 4, 2013 12:39pm Sep 4, 2013 12:39pm
Quoting eaglestar
{quote} Maybe this would be better? It is good to draw the forks from the extremes of price and even better when a center line coincides with price action. {image}
Thank you Eaglestar, but then again I have a question. My blue fork was drawn before the 27th of August. So I left it there to see the follow up of price action. When do 'we' redraw or adjust? Are there any criteria?
Posting Demo charts, mirroring some of them live.
  • #5,754
  • Sep 4, 2013 2:51pm Sep 4, 2013 2:51pm
Quoting forexpiet
{quote} Thank you Eaglestar, but then again I have a question. My blue fork was drawn before the 27th of August. So I left it there to see the follow up of price action. When do 'we' redraw or adjust? Are there any criteria?
If price forms a lower or higher pivot than your c pivot you may have chosen the wrong pivot. Refer to hagopian. Looking at your fork further you could have drawn something like this to spot where price would have stopped because it is holding frequency but it looks like it would have been better to buy the zoom retest of a new c pivot fork.

These may help
http://www.medianline.com/journal/20...ept-ml-13.html

http://www.medianline.com/journal/20...on-methos.html

http://www.medianline.com/journal/20...ule-ml-14.html

Also the Mod Sciff of your Orange fork works nicely as well.
Attached Image(s) (click to enlarge)
Click to Enlarge Name: 2013-09-04_154857.png Size: 21 KB
Click to Enlarge Name: 2013-09-04_155327.png Size: 21 KB
Click to Enlarge Name: 2013-09-04_160000.png Size: 21 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #5,755
  • Sep 4, 2013 3:42pm Sep 4, 2013 3:42pm
Something to keep an eye on:
Attached Image (click to enlarge)
Click to Enlarge Name: ar.png Size: 82 KB
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #5,756
  • Sep 4, 2013 10:52pm Sep 4, 2013 10:52pm
GbpJpy another recent example of price breaking through and using the median line as support.
Attached Image (click to enlarge)
Click to Enlarge Name: 2013-09-04_235004.png Size: 21 KB
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #5,757
  • Sep 4, 2013 11:26pm Sep 4, 2013 11:26pm
Good Vibrations
Attached Image (click to enlarge)
Click to Enlarge Name: VIBRATIONS.png Size: 86 KB
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #5,758
  • Sep 4, 2013 11:40pm Sep 4, 2013 11:40pm
hi how do you confirm reversal? and trend?
  • #5,759
  • Sep 5, 2013 12:06am Sep 5, 2013 12:06am
Quoting eaglestar
GbpJpy another recent example of price breaking through and using the median line as support. {image}
Would you please elaborate on entry decisions? This time the ML is acting as support, but the time before it went through, broke again, acted as resistance. We can see that after it happened. But how to use it when then are no bars to the right yet?
Posting Demo charts, mirroring some of them live.
  • #5,760
  • Sep 5, 2013 1:31am Sep 5, 2013 1:31am
Quoting kapital
Good Vibrations {image}

Hi Kapital and others
I like your chart with inside dotted lines.My regular mt4 does not have that feature.
Could you share your indi if applicable to metatrader4?
Thank you
In trading, you have to be defensive and aggressive at the same time
2 traders viewing now