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fxhermit replied Jun 24, 2009Clocks — Hi GT3rs, Here you go, enjoy, and thanks Pips4life.
Andrews Pitchfork (Median Line)
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fxhermit replied Jun 24, 2009EUR — Profit stop adjustment to just above new market structure pivot.
Andrews Pitchfork (Median Line)
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fxhermit replied Jun 24, 2009EUR — Price has a floor under it. Will be interesting to see what develops around the support area. I suppose that after such a "waterfall" there will eventually be a "splash" at the bottom or it becomes a two tier waterfall and cascades down ...
Andrews Pitchfork (Median Line)
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fxhermit replied Jun 24, 2009EUR — Just lowered the profit stop to lock in a few more
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fxhermit replied Jun 24, 2009EUR — Blue was entry. Red was initial stop. Green is current profit stop.
Andrews Pitchfork (Median Line)
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fxhermit replied Jun 22, 2009EUR — Spiderman's web gets even more interesting when Fib channels are added.
Andrews Pitchfork (Median Line)
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fxhermit replied Jun 22, 2009EUR — I'm wondering, if in a landscape like this, there might be a chance of doubling the range?
Andrews Pitchfork (Median Line)
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fxhermit replied Jun 22, 2009EUR opening — This is what my EUR/USD forks look like at this weeks opening. Trying to keep it simple but hopefully, effective.
Andrews Pitchfork (Median Line)
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fxhermit replied Jun 19, 2009Swing trading a.k.a Channel surfing — Hi Rising Sun, I hear what you are saying. Channel surfing (swing trading) is also my favourite sport. Price certainly has been banging it's head around that 38.6 Fib area. This recent upward move could ...
Andrews Pitchfork (Median Line)
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fxhermit replied Jun 19, 2009Anchor point — Just learned a valuable lesson. It turns out that I have been placing the first anchor point for the Modified Schiff a bit off from where it theoretically should be. Makes a tremendous difference to the look of the landscape. ...
Andrews Pitchfork (Median Line)
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fxhermit replied Jun 19, 2009Nice — Thanks Jeff. Great charts, great lesson. I, for one, learned a lot from your charts.
Andrews Pitchfork (Median Line)
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fxhermit replied Jun 19, 2009Eur — Nearing the end of week I see a price break above the Modified Schiff upper downsloping median line (red) which is currently acting as support. (pheeew... how's that for a mouth full of marbles?). The Modified Schiff upsloping median ...
Andrews Pitchfork (Median Line)
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fxhermit replied Jun 19, 2009Well said — Great post, Rising sun. True words, well spoken.


Andrews Pitchfork (Median Line)
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fxhermit replied Jun 18, 2009timeframes — My personal preference is to work "top down" beginning with the daily timeframe. The 4hr, 1hr, 30 min then become my "trading" timeframes. I generally use the 1hr, 30 min to time entry and for early trade management. The forks do ...
Andrews Pitchfork (Median Line)
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fxhermit replied Jun 18, 2009CAD — And just for the fun of it, here is one more. Gee, I hope that as the saying goes, practice makes perfect.
I do love how the forks clarify the landscape. The proof of the pudding, of course, is being able to make money off these ...Andrews Pitchfork (Median Line)
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fxhermit replied Jun 18, 2009GBP — Don't know if these Schiff's make any sense or not. They do seem to outline this slightly downward biased ranging market though.
Andrews Pitchfork (Median Line)
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fxhermit replied Jun 18, 2009EUR — Nice to see others posting their charts and comments, always adds insight to one's own analysis. Just messing around with some Schiff's, still trying to get the hang of drawing them. Here are a couple that seem to delineate market ...
Andrews Pitchfork (Median Line)
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fxhermit replied Jun 17, 2009Hmmmm — Just wondering if this would be a more approppriate area for a "heads up"? I think its a Schiff, if I did the dark green fork correctly. Anyone have thoughts on this?
Andrews Pitchfork (Median Line)
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fxhermit replied Jun 17, 2009A little closer look — A closer look shows that previous hi has just been surpassed. A pullback (if it happens) into the energy point could be a good entry area. That would give us higher highs and higher lows. Patience, Grasshopper, patience.
Andrews Pitchfork (Median Line)
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fxhermit replied Jun 17, 2009juncture ? — I certainly agree that we are at a juncture (aren't we always
). It looks to me as though there is an upward bias to the market with a nice energy point at the yellow circle. Wait and watch is what I will do.Andrews Pitchfork (Median Line)