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FX4Newbies replied Jun 5, 2010Pre-Market Thoughts — Hello traders, Just trying to get an idea on paper. Will watch to see what happens, especially after the G20 weekend. In no rush. Would like to make an informed decision image Left a few landmarks (labeled in light ...
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 4, 2010Hello Marius, Yes, your forks look like they were drawn correctly. Maybe Catalin will post later on.
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 4, 2010I have to agree. Posted some charts earlier that would confirm the same.
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 4, 2010Nice looking fork Kapital! I suppose it is a Schiff.
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 4, 2010Hello Satni, Initiating there, at first failure, may be a risky one using just pitchforks. Other indicators may confirm the weakness and allow you to sell with an exit at the green MLH. Further price move downward would need confirmation. Don't like ...
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 4, 2010Continuing with the EurUsd — Thought I had posted my continuation chart before the news this morning...sorry. Anyway. Here is the end result. Think I will post it anyhow for those who would like to see it. Please see the next post.
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 3, 2010Hi ForkTrader, Will certainly compare both forks and see how they reinforce each other. Price arriving at the ML of one may be the MLH of another. Thanks for that approach
Always good to look at things from another angle. Good trading to you, ...Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 3, 2010Target hit after news — Chart is attached. Will post again before London session. FX4Newbies
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 3, 2010The View Before The News — Just taking a snapshot before the news.
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 3, 2010Updates on Eur-Usd — Just keeping you posted
FX4Newbies Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 3, 2010Thank you ForkTrader for your thoughts. Stops definitely could be smaller if you wait for another trade. My main purpose though was to show how forks work, where to enter etc...the mechanics of it to another trader. If your stop is unprotected by ...
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 2, 2010Next move for EUR-USD??? — This is my current view of the Eur/Usd. We will see how it plays out.
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 2, 2010A Fork Within A Fork — Hi big-pipin, Made some notes on the attached chart. Hope it helps. FX4Newbies
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 2, 2010I think he is in the process of upgrading the site...it should be ready in about a week or two I think.
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 2, 2010A note about using stops — A trader asked about how to avoid being stopped out...placed two trades one with a stop loss and one without. Was stopped out of one, the other was profitable. Here was the answer: What you have experienced is ...
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 2, 2010About the entries — Someone asked me about the entries. My response: Glad you asked about entries...please see attached chart. Your stop would be placed below the low of the previous red candle...around 1.2165 i.e. below support. The price and ...
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 2, 2010Support and Initial Profit Target Achieved — Chart attached is continuing from this morning.
Andrews Pitchfork (Median Line)
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FX4Newbies replied Jun 2, 2010Well, price went to green MLH — Attached is a photo of the price move. We'll see how it confirms support.
Andrews Pitchfork (Median Line)