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Andrews Pitchfork (Median Line)

  • #7,661
  • Aug 25, 2016 6:21pm Aug 25, 2016 6:21pm
Quoting kapital
{quote} Good to hear from you again my friend. Do you have an example or two to share? {image}
The reflective angle is the simplest form of time price squaring. The distance and time of one move is reflected, the end point is a potential time price target. From there let your imagination run wild, the .5 time line is a variation of a gann angle. Intersecting lines often times mark potential levels and time points..... What works on one axis works on the other.

Study MaxenshteinD's chart, specifically the points where his two forks and their extensions cross, notice anything?

regards,
a
  • #7,662
  • Aug 26, 2016 11:10am Aug 26, 2016 11:10am
GbpUsd H4
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  • #7,663
  • Aug 29, 2016 11:37am Aug 29, 2016 11:37am
Quoting AlexC
GbpUsd H4 {image}
Long ...we'll see
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  • #7,664
  • Aug 29, 2016 12:06pm Aug 29, 2016 12:06pm
Quoting price777999
{quote} Long ...we'll see {image}
Yes we will.

GbpUsd 4h
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  • #7,665
  • Aug 30, 2016 12:07am Aug 30, 2016 12:07am
Quoting Emanuele.
"If your strictly a swing trader, the 50% or even less quartile lines are unnecessary." Maybe this is the point. But i suggest to do some research the inner lines have a badly statistic, i mean almost the time are noise in my opinion. Thanks for let me know your opinion. Emanuele.
Try googling the Andrews course. You'll find the answer to you're question is Newtonian physics simplified. But you'll have to study the basics and how to draw the median lines correctly to make proper use of the tool. Simple, elegant and most people don't use them because they have to build an understanding of price and they have to do some work on every trade to figure out what the hell is going on. As opposed to looking at a few lagging indicators. Maynard Krebs disease. (google that too)
  • #7,666
  • Aug 31, 2016 7:36pm Aug 31, 2016 7:36pm
Nice looking price action ...we'll see .
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  • #7,667
  • Sep 1, 2016 4:54am Sep 1, 2016 4:54am
GbpCad D1
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  • #7,668
  • Sep 1, 2016 11:01am Sep 1, 2016 11:01am
Quoting AlexC
{quote} Yes we will. GbpUsd 4h {image}
I just took profit ..you still holding ?

I'm hoping i'll get a re-entry ..
  • #7,669
  • Sep 1, 2016 11:40am Sep 1, 2016 11:40am
Quoting price777999
{quote} I just took profit ..you still holding ? I'm hoping i'll get a re-entry ..
Took profits.
Remember, tomorrow NFP!
  • #7,670
  • Sep 1, 2016 2:35pm Sep 1, 2016 2:35pm
Quoting AlexC
{quote} Took profits. Remember, tomorrow NFP!
News isn't my stong point .....I have no clue what NFP is or what it affects.

Cheers
  • #7,671
  • Edited 6:36pm Sep 1, 2016 6:25pm | Edited 6:36pm
Quoting price777999
{quote} News isn't my stong point .....I have no clue what NFP is or what it affects. Cheers
NFP is non farm payroll (change) for U.S. It can move markets drastically.
Look in the calendar blue tab, top of this forexfactory page, for the scheduled news announcements.
High impact news are marked in red and details can be found on the same row.
You should invest some time in learning the basics otherwise you won't know what hit you. It's good to be prepared.
  • #7,672
  • Sep 2, 2016 3:41am Sep 2, 2016 3:41am
Quoting AlexC
{quote} NFP is non farm payroll (change) for U.S. It can move markets drastically. Look in the calendar blue tab, top of this forexfactory page, for the scheduled news announcements. High impact news are marked in red and details can be found on the same row. You should invest some time in learning the basics otherwise you won't know what hit you. It's good to be prepared.
Cheers ...I'll do that

Meantime we'll see if I get wasshed out here ?
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  • #7,673
  • Sep 2, 2016 7:47am Sep 2, 2016 7:47am
Quoting AlexC
{quote} Took profits. Remember, tomorrow NFP!
It's gonna be one of those "have a look at what you could have won " trades
  • #7,674
  • Sep 2, 2016 7:59am Sep 2, 2016 7:59am
Short gold ...
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  • #7,675
  • Sep 2, 2016 9:10am Sep 2, 2016 9:10am
Quoting price777999
{quote} Cheers ...I'll do that Meantime we'll see if I get wasshed out here ? {image}
Took profit ...
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  • #7,676
  • Edited 4:45pm Sep 3, 2016 11:16am | Edited 4:45pm
College football has returned!

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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #7,677
  • Sep 7, 2016 6:37am Sep 7, 2016 6:37am
Quoting Lowphat
gj someone tell me if this one looks ok {image}
about 500 pips later
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  • #7,678
  • Sep 8, 2016 4:07pm Sep 8, 2016 4:07pm
"Forking" a head 'n shoulders pattern:
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • #7,679
  • Sep 9, 2016 6:03pm Sep 9, 2016 6:03pm
$USDX Daily
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  • #7,680
  • Sep 10, 2016 2:24am Sep 10, 2016 2:24am
Quoting kapital
"Forking" a head 'n shoulders pattern: {image} {image}
What about this brother?
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