9/25: I'm now trading futures, mostly /MNQ (micro e-mini Nasdaq-100). Micro futures make it possible for those without large accounts to trade futures. I'm on the "thinkorswim" platform.
Thread Rules:
1. Always post a chart or charts with your post
2. No PDFs (see commentary below)
3. No commercial plugs
INTRO
I've been using Median Lines as my primary tool to trade for several years. This statement must be qualified by also saying that Median Lines in and of themselves should not be used to initiate trades. Median Lines are based in a deeper paradigm that is really more about the swinging of price. In many respects using Median Lines is swing trading. To use Median Lines effectively one really needs a firm grounding in price action rather than indicators. I hope to clarify Median Line trading and for most I think it will be much different than what they have been taught by themselves or by others.
PDFs
Sadly some good work done by Andrews and Tim Morge and probably others has been pirated, altered and repackaged and either sold or less offensively distributed in PDFs without their permission. I support looking up Andrew's and Morges' material from their original source but I do not support the distribution of PDFs floating around out there, some of which have ended up in my thread. I would ask that anyone posting here please refrain from posting any PDFs. I am familiar with pretty much all material related to Median Lines or Andrew's Pitchforks and it is doubtful anyone can find anything I haven't already seen. Besides I'm here to show you what I've learned and how I use it to trade.
MY GOAL
The work I do in this thread I have in fact learned from reputable individuals that I paid to learn from. I intend to present what I have learned from these individuals in my own words but I am not going to copy and paste what I have learned. I will present real world trading examples of which a large part will be live.
INVITATION
Anyone interested in learning how to use Median lines is welcome to post here. I ask that you try to include a chart or charts so that I can fully understand. If you are already using median lines successfully and doing so in a different manner than what I present please contribute but again please post your charts to support your post.
I will point out what I believe are erroneous assumptions and quite honestly improper usage of median lines that really lead to some abandoning their usage because they think they don't work. The problem is not that they don't work but rather how some are being taught to use them or how they are assuming they should be used.
One thing is for sure...using median lines cannot be systematized in a profitable manner.
Thread Rules:
1. Always post a chart or charts with your post
2. No PDFs (see commentary below)
3. No commercial plugs
INTRO
I've been using Median Lines as my primary tool to trade for several years. This statement must be qualified by also saying that Median Lines in and of themselves should not be used to initiate trades. Median Lines are based in a deeper paradigm that is really more about the swinging of price. In many respects using Median Lines is swing trading. To use Median Lines effectively one really needs a firm grounding in price action rather than indicators. I hope to clarify Median Line trading and for most I think it will be much different than what they have been taught by themselves or by others.
PDFs
Sadly some good work done by Andrews and Tim Morge and probably others has been pirated, altered and repackaged and either sold or less offensively distributed in PDFs without their permission. I support looking up Andrew's and Morges' material from their original source but I do not support the distribution of PDFs floating around out there, some of which have ended up in my thread. I would ask that anyone posting here please refrain from posting any PDFs. I am familiar with pretty much all material related to Median Lines or Andrew's Pitchforks and it is doubtful anyone can find anything I haven't already seen. Besides I'm here to show you what I've learned and how I use it to trade.
MY GOAL
The work I do in this thread I have in fact learned from reputable individuals that I paid to learn from. I intend to present what I have learned from these individuals in my own words but I am not going to copy and paste what I have learned. I will present real world trading examples of which a large part will be live.
INVITATION
Anyone interested in learning how to use Median lines is welcome to post here. I ask that you try to include a chart or charts so that I can fully understand. If you are already using median lines successfully and doing so in a different manner than what I present please contribute but again please post your charts to support your post.
I will point out what I believe are erroneous assumptions and quite honestly improper usage of median lines that really lead to some abandoning their usage because they think they don't work. The problem is not that they don't work but rather how some are being taught to use them or how they are assuming they should be used.
One thing is for sure...using median lines cannot be systematized in a profitable manner.
Attached Image
Freedom is not free