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FX4Newbies replied Jun 25, 2010Where To Now? — Price did show weakness by falling through the teal L-MLH but seems to be finding support on blue fork and L-MLH of larger view fork posted earlier. We watch for confirmation from here.
Pitchfork Goldmine!
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FX4Newbies replied Jun 25, 2010Current View: Bigger Picture — Sometimes it is good to step back and see a bigger picture. Chart: EurUsd H1. Good trading to you.
Pitchfork Goldmine!
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FX4Newbies replied Jun 25, 2010London Session June 25 — Hello Traders, Attached is a continuation chart...removed some of the forks. Expecting a push upward, however price has not hit ML of teal fork and actually crossed the L-MLH. Will be watching. Take care,
Pitchfork Goldmine!
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FX4Newbies replied Jun 25, 2010Hello Pikeliver, To answer your question, yes an additional touch to the U-MLH indicates that at price is respecting the pitchfork. Which time-frame are you trading? By that I mean, at which one are you looking when you decide to get in and out? ...
Pitchfork Goldmine!
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FX4Newbies replied Jun 24, 2010When To Draw A New Fork? — This current view has a new blue fork. Hopefully it will help those traders who asked when to draw a new fork. This is just one idea. HOWEVER, CONFIRMATION FROM PRICE ACTION IS NEEDED BEFORE PLACING A TRADE. If price ...
Pitchfork Goldmine!
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FX4Newbies replied Jun 24, 2010A Beautiful Fork — Wave Trader, Very nice fork on the H4. When you find the rhythm of the market with a fork, it just flows and flows and flows... Good post. Thanks.
Pitchfork Goldmine!
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FX4Newbies replied Jun 24, 2010Here We Go...Asian June 24 — Hello again traders, Attached is a chart of the current landscape. Newest fork not drawn in...don't want too many lines. Modifications will be made as price begins to move. Take care,
Pitchfork Goldmine!
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FX4Newbies replied Jun 24, 20101,2,3...Why sell me? Another perspective — Hello Pikeliver, I can see from your chart that you have under your belt some very clear concepts about looking for trades. Your method of looking for your entry is excellent in relation to the fork ...
Pitchfork Goldmine!
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FX4Newbies replied Jun 24, 2010Thanks for the reply Kapital. So it sounds overall like discretion on your part based on these factors you mentioned and perhaps your experience. Drawing an upward fork (the Andrews way) probably would have placed you in the same area as the profit ...
Pitchfork Goldmine!
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FX4Newbies replied Jun 24, 2010Those 89 tick charts worked well...nice touches on the fork tines. Take care,
Pitchfork Goldmine!
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FX4Newbies replied Jun 24, 2010Price Target Attained! — What can I say...just love those Pitchforks! Perhaps the news brought the delay, but the price target was hit. Second chart shows a revised Pitchfork to account for detour. The bullish sentiment prevailed. Will try to ...
Pitchfork Goldmine!
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FX4Newbies replied Jun 24, 2010A Closer View — Just zooming in a little to the action. Price finally started inching higher and hit a possible turning spot. Still beware, whales are here.
Pitchfork Goldmine!
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FX4Newbies replied Jun 24, 2010The Worst Thing To Have... — The worst thing to have at a time like this is an opinion. I think it is best to let the market make the first solid move. Enjoy the break.
Pitchfork Goldmine!
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FX4Newbies replied Jun 24, 2010A Ring-Side Seat — Just watching the fight between the Bulls and Bears... Don't think I want to be getting in the ring right now
Did the whales show up?Pitchfork Goldmine!
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FX4Newbies replied Jun 24, 2010Hello all, I think the EU is in a precarious place. To me, it seems like it wants to go higher, but had a sell off. Still see a bullish sentiment...time will tell. Beware if trading it. Fx4Newbies
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 24, 2010Price In A Fight — Price is in a fight...notice the long shadows. No chart attached but you should be able to see them on your live charts. Time to wait for confirmation before opening a position. Be watchful.
Pitchfork Goldmine!
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FX4Newbies replied Jun 24, 2010Turning Up After The News? — Hello again, Just posting an update... Shorted the fall that started around 1.2340...got in way too late...didn't follow my rules
. Took a 6 pip hit. Looking to see if it is finally turning up. NOTE: Trade was ...Pitchfork Goldmine!
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FX4Newbies replied Jun 24, 2010Post 4AM EST Euro News — Price sold off...will be watching for market sentiment changes, if any.
Pitchfork Goldmine!
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FX4Newbies replied Jun 24, 2010Price Inching To Target: View 2 — Just another look from a different perspective. Sell-off could be news related...still seeing bullish sentiment. Will watch.
Pitchfork Goldmine!
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FX4Newbies replied Jun 24, 2010Inching To Target — Good Morning, Looks like price is inching its way to the target. If it can find support at the U-MLH, then I believe the market will push it the rest of the way. Good trading to you all.
Pitchfork Goldmine!