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Andrews Pitchfork (Median Line)

  • #7,601
  • Apr 21, 2016 8:30am Apr 21, 2016 8:30am
GbpNzd daily
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  • #7,602
  • Edited 7:38am Apr 23, 2016 5:04am | Edited 7:38am
YM/US30/Dow In relation to the fork price is getting weaker. I wouldnt be surprised to see this fork fail over the following week
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  • #7,603
  • Apr 24, 2016 9:16am Apr 24, 2016 9:16am
Quoting Ren1058
YM/US30/Dow In relation to the fork price is getting weaker. I wouldnt be surprised to see this fork fail over the following week {image}
spx daily. .
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  • #7,604
  • Apr 24, 2016 9:27am Apr 24, 2016 9:27am
Nice coil on 2050

Maybe price will pull back at that point, cause a lot of sellers (i don't trade on resistence levels but a lot people do)
Giving us a gift for who want to go long
  • #7,605
  • Apr 28, 2016 12:26pm Apr 28, 2016 12:26pm
If anyone is interested I have a free skype median line chatroom to share charts. Look at the link on my about me.
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • #7,606
  • Apr 29, 2016 2:07am Apr 29, 2016 2:07am
There she goes.... (50 crossing the 100 also):
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  • #7,607
  • Apr 29, 2016 2:09am Apr 29, 2016 2:09am
Time for a new fork...(speculative of course)
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  • #7,608
  • Jun 9, 2016 7:01pm Jun 9, 2016 7:01pm
Quoting kapital
Does anyone know how the first downward burgundy line attached to pivot C was drawn in the chart below? http://www.forexfactory.com/showthre...47#post4127047
Kap, the angle of red b to c line was reflected down and shown as the long teal line that intersects the horizontal teal line drawn from b intersecting at the point marked time/price.

The burgundy line in question is half the angle from the vertical teal line from c.

I'd say XT hand drew the lines, the concept was probably his intent.

a
  • #7,609
  • Jun 10, 2016 6:02am Jun 10, 2016 6:02am
Quoting auxesis
{quote} Kap, the angle of red b to c line was reflected down and shown as the long teal line that intersects the horizontal teal line drawn from b intersecting at the point marked time/price. The burgundy line in question is half the angle from the vertical teal line from c. I'd say XT hand drew the lines, the concept was probably his intent. a

"Though once I was blind...now I see."

Thanks for the explanation auxesis!
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #7,610
  • Jun 10, 2016 6:12am Jun 10, 2016 6:12am
Auxesis, how accurate and reliable will the half-angle be if the chart isn't scaled? If scaling is necessary, how is it done?
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #7,611
  • Jun 11, 2016 6:57pm Jun 11, 2016 6:57pm
Caveman et al THANK YOU for this great indicator, it saves a lot of switching back and forth and comparing with charts outside mt4 Much appreciated
  • #7,612
  • Jun 11, 2016 8:05pm Jun 11, 2016 8:05pm
Quoting kapital
Auxesis, how accurate and reliable will the half-angle be if the chart isn't scaled? If scaling is necessary, how is it done?
Kap, Scaling is not an issue.

Regards,
  • #7,613
  • Jun 19, 2016 7:55pm Jun 19, 2016 7:55pm
good stuff
  • #7,614
  • Jun 20, 2016 6:18am Jun 20, 2016 6:18am
NZDUSD Daily
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  • #7,615
  • Jun 20, 2016 8:53am Jun 20, 2016 8:53am
AUDUSD Daily
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  • #7,616
  • Jun 22, 2016 9:02am Jun 22, 2016 9:02am
GBPNZD Daily
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  • #7,617
  • Jun 24, 2016 3:20am Jun 24, 2016 3:20am
Did anyone catch that bottom on GBP/JPY?
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #7,618
  • Jun 24, 2016 3:25am Jun 24, 2016 3:25am
Quoting kapital
Did anyone catch that bottom on GBP/JPY? {image}
Might not be the bottom - just a bounce? - but no, I didn't catch it and have been out of everything all week. I'll wait and see how things settle down next week - although the repercussions of the whole Brexit thing are going to be felt for a while I think.
  • #7,619
  • Jun 24, 2016 7:49am Jun 24, 2016 7:49am
It's best avoid trading during major events otherwise it's just gambling.
  • #7,620
  • Jun 24, 2016 8:35am Jun 24, 2016 8:35am
Quoting antonb1985
It's best avoid trading during major events otherwise it's just gambling.
I was thinking along just these lines but then I was also thinking about the number of posters/banners/billboards I saw put up my members of the public in support of the two sides. There were many more for the 'Leave' side - Oh I should have been long gold and short the £
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