mumuy, The simple answer is yes, median lines can show you s/r. But in the hands of a skilled craftsman, they will give you so much more.

Andrews Pitchfork (Median Line)

This is a 12 hour euro chart. Does not look like it is interested in any significant move north any time soon. 13000 area is weak demand at best, 12875 does not look much better....time will tell.

EURUSD

Yep, sums it up pretty well. In almost a three decade career I have seen many do the same, all have this in common: here today, gone tomorrow.

EURUSD

Manipulation? It is thrown about these forums when an understanding of the markets and its structure is not known. How about opportunity? This is what I call it.

Identifying Manipulation

For the past several days I have been reading this thread to help gauge the overall sentiment of the markets (the euro in particular). Thought I would chime in with a chart showing my opinion, for what it is worth. I am looking to the sub 12400s for ...

EURUSD

You may never be wrong (yeah, right), but your posts sure are annoying.

EURUSD

auxesis, Now ya just showin' off But, I like it!

Andrews Pitchfork (Median Line)

kapital, Thank you for posting charts, it was my anticipation you were heading in this direction. beeb has beat me to it and is correct, by moving the parallel to anchor on price action as in your daily euro chart, you have discovered ...

Andrews Pitchfork (Median Line)

Kapital, Would you mind putting up a chart to illustrate your question? Thanks, xt

Andrews Pitchfork (Median Line)

fx4newbies, You always ask some interesting questions. I will admit, I have not read all the posts in this thread, but a first glance I see the usual culprits in a risk thread: percentage of account at risk, moving stops, risk reward to a lesser ...

What Is "Proper" Risk/Money/Trade Management?

The number of trades taken in a day, week, month, year is dependent on the kind of trader you classify yourself or the time frame you trade. If you are a swing trader and comparing yourself to a scalper, you will be comparing apples and oranges. ...

How often do u trade?

Himmel, In my mind, a swing high or swing low (making an assumption this is where you were headed by mentioning higher highs and lower lows), is very different than a pivot. Not having a frame work for what qualifies as each would leave anyone ...

Andrews Pitchfork (Median Line)

Mike Haran, Curious, is the data predating the Euro's debut on your chart a basket of currencies representing the member nations as of 5 January 1999, or is it the DM? (it looks a lot like the DM which was a wonderful currency to trade, but I ...

Planetary Cycles Trading (EUR/USD)

forktrader, A question for you, "which holds greater significance, prior market structure or the a/r and median lines you draw?" From the work on your charts and your entry with stop, it seems you would answer the later rather than the former. Just ...

Andrews Pitchfork (Median Line)

selym_co, Median lines can be used on any three alternating pivots. While using major pivots will give you a framework, using the minor swings can give you targets, entry points, and timing within the bigger structure. The best way to acquaint ...

Andrews Pitchfork (Median Line)

Well done!

Gann Analysis

dfumagalli, Your chart indicates you have missed the context of this particular market: range. A ranging market is the dread of even the most experienced traders if it is not recognized soon enough. Always have a context for your market and never ...

No Brainer Trades

Back a few pages ago, a question was asked about median lines used on a five minute chart. While some attempted to answer, the responses were lacking in their depth of understanding and market experience. To loosely paraphrase, mahdiquant was told ...

Andrews Pitchfork (Median Line)

Yes, 83.36...fat fingers and small keys do not also play well together.

Andrews Pitchfork (Median Line)

usd/jpy short at 86.36 stop just above 83.50, target 81.50. fwiw

Andrews Pitchfork (Median Line)