So basically do you jump on a trade just because there is a good r/r
Maybe we should look also to price action and don't let Tools use us
Maybe we should look also to price action and don't let Tools use us
Better Andrews Pitchfork and MT4 14 replies
Andrews Pitchfork 120 replies
Andrews Pitchfork video 22 replies
median line Bollinger band cross 3 replies
Disliked{quote} Splain? Well, it's a buy, perhaps late, but with good r/r based on fork. Will be monitoring it closely.Ignored
Disliked{quote} Splain? Well, it's a buy, perhaps late, but with good r/r based on fork. Will be monitoring it closely.Ignored
Disliked{quote} Not to get on your case but there are several things wrong here, you're chasing by buying middle of the move, price is ranging so it's a noman's land. These has been no indication to either up or downside move. You're curve fitting the forks. I took a tab at it and it's still in dead in my opinion. You need to 1. analyze strucure and where it flowing and 2 .place forks in strategical manner not simply what looks best to the eye. Look into 123 reversal and 2b patterns for a way to Guage swing reversals. Srry for crapy spell I'm typing on...Ignored
Disliked{quote} Sitkhi, Kudos, that was a decent projection on AUDUSD for a retrace, then down to ML. There was more too it, as the chart shows, but overall, you suggested a strong AU peak could be in play, and that the downfork could be helpful. (See how the black PF did hold at a touch, but it was taken out before a bigger fall; very hard to have predicted that aspect of the chart!). You will recall that you were challenged that there was no reason to draw a downward pitchfork. I completely disagree! One should always draw both up and down forks using...Ignored