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The One: Price Action and Reaction

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  • Post #1,641
  • Quote
  • Jan 7, 2017 1:02pm Jan 7, 2017 1:02pm
  •  cxk
  • | Joined Aug 2009 | Status: Member | 4 Posts
Yes, I use WLM to continue using a fork, but in this case there is a fresh major swing to use as B-CS for a new up sloping fork. I'd at least look at that.
--chan
  • Post #1,642
  • Quote
  • Jan 7, 2017 7:12pm Jan 7, 2017 7:12pm
  •  kapital
  • Joined Jan 2009 | Status: Member | 1,488 Posts
B-CS???
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • Post #1,643
  • Quote
  • Jan 8, 2017 1:13am Jan 8, 2017 1:13am
  •  kapital
  • Joined Jan 2009 | Status: Member | 1,488 Posts
The principle framework of a pitchfork is a triangle. Are there useful ways of applying this shape when trading with a pitchfork?
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • Post #1,644
  • Quote
  • Jan 8, 2017 1:19am Jan 8, 2017 1:19am
  •  kapital
  • Joined Jan 2009 | Status: Member | 1,488 Posts
I'll start off the exploration...
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • Post #1,645
  • Quote
  • Jan 8, 2017 5:43am Jan 8, 2017 5:43am
  •  eaglestar
  • Joined Mar 2008 | Status: He who believes has eternal life. | 3,356 Posts
This is what I am seeing on the Daily charts.

refer to this post
http://www.forexfactory.com/showthre...51#post9404151
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • Post #1,646
  • Quote
  • Jan 8, 2017 5:46am Jan 8, 2017 5:46am
  •  eaglestar
  • Joined Mar 2008 | Status: He who believes has eternal life. | 3,356 Posts
and nzdusd
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • Post #1,647
  • Quote
  • Jan 12, 2017 5:41pm Jan 12, 2017 5:41pm
  •  eaglestar
  • Joined Mar 2008 | Status: He who believes has eternal life. | 3,356 Posts
Quoting eaglestar
Disliked
This is what I am seeing on the Daily charts. refer to this post http://www.forexfactory.com/showthre...51#post9404151 {image} {image} {image} {image} {image} {image} {image} {image} {image} {image}
Ignored
So far most predictions were right except GBP which came down and hit 61.8 after bouncing at 50. Kapital, are you testing this brother?
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • Post #1,648
  • Quote
  • Jan 12, 2017 5:45pm Jan 12, 2017 5:45pm
  •  eaglestar
  • Joined Mar 2008 | Status: He who believes has eternal life. | 3,356 Posts
if any of you want to chat and learn pitchforks, this is the link to our free room. I am not always around, but there are a few that share and help.

http://preview.tinyurl.com/MarketGeometryChat open with skype
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • Post #1,649
  • Quote
  • Jan 12, 2017 8:40pm Jan 12, 2017 8:40pm
  •  CarsonKT
  • | Joined Mar 2015 | Status: Member | 42 Posts
My first trade of this year short GBPUSD

Price get rejected from the red fork SL
and I am trying to catch a ABCD with aggressive C sell, the target zone is around the lower ML
but the bottom yellow line is really a recent low area, I am not sure how price will act around this line.

so, just bag my first 98 pips and run away

I used to trade with forks only, after I read the thread from Mr. Pips, I decide to make a combo
hope this will increase my chance.

Happy piping everyone.
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  • Post #1,650
  • Quote
  • Jan 13, 2017 4:37pm Jan 13, 2017 4:37pm
  •  price777999
  • | Joined Apr 2010 | Status: Member | 312 Posts
Quoting kapital
Disliked
Has anyone ever used warning lines to create a framework to capture and read price action? {image}
Ignored
I'm starting to use them more ...nice one on Brent ..I didn't trade it
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  • Post #1,651
  • Quote
  • Jan 13, 2017 4:37pm Jan 13, 2017 4:37pm
  •  kapital
  • Joined Jan 2009 | Status: Member | 1,488 Posts
Quoting eaglestar
Disliked
{quote} Kapital, are you testing this brother?
Ignored

No doubt...I'll share my findings soon in the Skype chat.
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • Post #1,652
  • Quote
  • Jan 13, 2017 4:46pm Jan 13, 2017 4:46pm
  •  kapital
  • Joined Jan 2009 | Status: Member | 1,488 Posts
Quoting price777999
Disliked
{quote} I'm starting to use them more ...nice one on Brent ..I didn't trade it {image}
Ignored

An alternative...

(arrow indicates entry)
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • Post #1,653
  • Quote
  • Jan 13, 2017 4:56pm Jan 13, 2017 4:56pm
  •  kapital
  • Joined Jan 2009 | Status: Member | 1,488 Posts
Pitchfork Utopia...
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • Post #1,654
  • Quote
  • Jan 13, 2017 6:28pm Jan 13, 2017 6:28pm
  •  price777999
  • | Joined Apr 2010 | Status: Member | 312 Posts
Has anyone tried charting indicators ?
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  • Post #1,655
  • Quote
  • Edited at 1:41am Jan 14, 2017 1:03am | Edited at 1:41am
  •  kapital
  • Joined Jan 2009 | Status: Member | 1,488 Posts
Quoting price777999
Disliked
Has anyone tried charting indicators ? {image}
Ignored
I recall seeing a video several years ago on Ron Janeisch's YouTube channel (andrewscourse) of Dr. Alan Andrews drawing pitchforks on moving averages. Unfortunately, it has been removed.
"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • Post #1,656
  • Quote
  • Jan 15, 2017 6:02am Jan 15, 2017 6:02am
  •  jarfx05
  • Joined Sep 2014 | Status: FF is a waste of time | 1,323 Posts
Hi,

Ml for the fans, a good tool can be found here...

http://www.forexfactory.com/showthre...59#post8982959

to designate a possible scenario by drawing a channel back

http://www.forexfactory.com/showthre...54#post8983854

regards
if you're doing we all have results with all
  • Post #1,657
  • Quote
  • Jan 15, 2017 7:02am Jan 15, 2017 7:02am
  •  kapital
  • Joined Jan 2009 | Status: Member | 1,488 Posts
Should be an interesting opening...
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"GIVE ME 3 POINTS IN SPACE IN TIME AND WATCH ME CREATE MAGIC."
  • Post #1,658
  • Quote
  • Edited Jan 17, 2017 2:42am Jan 16, 2017 10:36pm | Edited Jan 17, 2017 2:42am
  •  eaglestar
  • Joined Mar 2008 | Status: He who believes has eternal life. | 3,356 Posts
240 minute chart updates

I am testing fib retracements and expansions for horizontal target levels along with the usual median line test. I hope you pure forkers don't mind. lol
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The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • Post #1,659
  • Quote
  • Jan 16, 2017 10:40pm Jan 16, 2017 10:40pm
  •  eaglestar
  • Joined Mar 2008 | Status: He who believes has eternal life. | 3,356 Posts
Quoting CarsonKT
Disliked
My first trade of this year short GBPUSD Price get rejected from the red fork SL and I am trying to catch a ABCD with aggressive C sell, the target zone is around the lower ML but the bottom yellow line is really a recent low area, I am not sure how price will act around this line. so, just bag my first 98 pips and run away I used to trade with forks only, after I read the thread from Mr. Pips, I decide to make a combo hope this will increase my chance. Happy piping everyone. {image}
Ignored
Some people don't know that Tim Morge also previously used fibs and had them labeled on his computer. He didn't always show them on his charts, but he knew where they were. He also would use measure moves as price target, if you watch some of the older IB webinars you will see. Him and Joe DiNapoli are good friends. It is all Market Geometry to me.
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
  • Post #1,660
  • Quote
  • Jan 16, 2017 10:42pm Jan 16, 2017 10:42pm
  •  eaglestar
  • Joined Mar 2008 | Status: He who believes has eternal life. | 3,356 Posts
Quoting price777999
Disliked
Has anyone tried charting indicators ? {image}
Ignored
I and others have used it. If it helps trade the heck out of it brother. I am looking at fib/fork confluence now and vsa. Just doing some research to up my ROI which has gotten much better. I wonder why. lol.
The things that we love tell us what we are Thanks Redsword11 and Tim Morge
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