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FX4Newbies replied Jun 21, 2010This Fork Was A Beauty! — This fork did a marvellous job Wave Trader. Really nice touches. Thanks for sharing!!
Pitchfork Goldmine!
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FX4Newbies replied Jun 21, 2010The Morning Wash — The whales proceeded with a Wash n Rinse...dropped the price to the ML on the 15 (chart not shown) but hit support on 1 hr. Pivots on M15: (High-Low-High) 1.2439 then 1.2367 then 1.2466. That way you can draw it if you like. ...
Pitchfork Goldmine!
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FX4Newbies replied Jun 21, 2010Closed a short trade with a few more pips...will take a break for now. Be careful trading!
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FX4Newbies replied Jun 21, 2010Did The Whales Get You? — Did you see the whales or did the whales get you?
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FX4Newbies replied Jun 21, 2010Think I Found Some Whales
— Observe the drop on the last candle then the pull back...only Smart Money can move the price like that. Maybe they went after some stops once they saw buyers in the market. Let us see if price goes up as they ...Pitchfork Goldmine!
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FX4Newbies replied Jun 21, 2010Glad you learned something. Enjoy teaching and seeing people's lives changed, including mine
Here is a new view...Pitchfork Goldmine!
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FX4Newbies replied Jun 21, 2010It's good to think things through...it is bad to put money on those thoughts without price agreeing with us
Have lost money learning as well, so now I have paid the price to wait. Pitchfork Goldmine!
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FX4Newbies replied Jun 21, 2010London Session Another View — How do you like this fork Pikeliver? This is definitely an area to watch to see where price closes on the current candle. This is the EU H1.
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FX4Newbies replied Jun 21, 2010Pikeliver, price is in your area now. Do you see any confirmations for going long?
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FX4Newbies replied Jun 21, 2010This Is What I See — Price has broken the MLH of the green fork and Sliding Parallel as well. We actually watched it go to the red ML and is also below the lower blue S/R line. Will it move up to retest blue Resistance line then fall? Very ...
Pitchfork Goldmine!
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FX4Newbies replied Jun 21, 2010Just saw this chart...not a bad idea if price finds solid support.
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FX4Newbies replied Jun 21, 2010In my mind, you should draw the fork when price gets there and watch and wait to see what price does. Plans too far ahead of time without price confirming, can be very premature and cost you $$$. Usually, if price tests and restests an MLH, it is ...
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FX4Newbies replied Jun 21, 2010Hello Hound, Sounds like you are beginning. If you would like to look at my thread at Pitchfork Goldmine, you might get some tips to start you off. You will see some great setups here as well. Between the two, I think you will have all bases ...
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 21, 2010Not sure what you mean by fluid moving with price...The slope of the fork is generally the expected direction of price. Please explain what you mean?
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FX4Newbies replied Jun 21, 2010Price was sitting on upper quartile between the 50% Fib line and the 61.8 on the 15 min...Ugh!
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FX4Newbies replied Jun 21, 2010That would be nice. What if we already had an A-B-C earlier and this is the beginning of a new wave up, where we are just completing P2...just thinking since price is trying to find support there. Nothing concrete, just throwing some thoughts out. ...
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FX4Newbies replied Jun 21, 2010Finding Support Again? — Chart attached. Observe where price seems to be finding support again...the green L-MLH!
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FX4Newbies replied Jun 21, 2010If you begin to see support holding in that area, it would not be a bad idea to put in a new fork. That usually means some buyers are in the area. You want to wait for confirmation though before clicking, right? By the way, price is trying to break ...
Pitchfork Goldmine!