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- bartlby37 replied Nov 20, 2015
According to Alan Andrews there is an 80% chance that price will meet the Median line of a median line set (pitchfork) once price has started heading towards that line. But median lines are drawn using 3 alternating pivots and finding an entry early ...
Andrews Pitchfork (Median Line)
- bartlby37 replied Nov 19, 2015
OK I am trading today - aiming to get long on retest of sliding parallel
The One: Price Action and Reaction
- bartlby37 replied Nov 19, 2015
USDCAD - not trading today but watching and saw this possible long entry. AR set drawn off the U formation and good level of support - if nothing else it's pretty.
The One: Price Action and Reaction
- bartlby37 replied Nov 18, 2015
Absolutely - we all need our own plan. My question was simply put in the spirit of us all learning together - sharing our thoughts and seeing where it takes us. I'm not sure that's a wash - it wants some upside movement first - get some people long ...
The One: Price Action and Reaction
- bartlby37 replied Nov 17, 2015
Thanks for the chart - nice lines. Price certainly seems to be getting squashed in there - I'm wondering what people would consider confirmation that price had turned higher - trading above that maximum excursion line, breaking above some of those ...
The One: Price Action and Reaction
- bartlby37 replied Nov 17, 2015
Andrews said that once price sets off from a line it should make the next line - so in this case it's broken below the lower median line parallel (LMLH) and so it should make the next line, that being the warning line (I've added it to my chart ...
The One: Price Action and Reaction
- bartlby37 replied Nov 17, 2015
A warning line is a line of the same slope as the original fork. It is drawn at a distance from the fork equal to the distance from the centre line of the fork to the forks parallels. I'm not sure about '3 way' but there is a chart pattern that Tim ...
The One: Price Action and Reaction
- bartlby37 replied Nov 17, 2015
Great thread - I've been interested in median lines for a while but focusing strongly on support and resistance first i.e. structure, is really helping me. A few charts below - the median line sets with dashed lines are just ideas, possibilities - I ...
The One: Price Action and Reaction
- bartlby37 replied Nov 13, 2015
Thanks for starting this thread Eaglestar. I like the emphasis on current price action and a limited number of bars on the chart. When I look at too many bars I get an opinion and then I have a problem - looking at less bars I have to observe ...
The One: Price Action and Reaction
- bartlby37 replied Nov 11, 2015
Placed order to short cable at retest of UMLH - comments and thoughts welcome Stopped out - although there were some tests of the UMLH and some minor swings lower price had not broken below the bottom of the wide range bar that I was calling my C ...
Andrews Pitchfork (Median Line)
- bartlby37 replied Nov 11, 2015
15 minute charts of Euro/$ and Cable - wondering about shorts in both at UMLH of down-sloping ML sets - watching and waiting.
Andrews Pitchfork (Median Line)
- bartlby37 replied Nov 11, 2015
Was looking at this Friday and passed the trade because it was Friday. Price now below the LMLH of up-sloping ML set so aiming to get short at UMLH of down-sloping set. Any thoughts / comments welcome. B.
Andrews Pitchfork (Median Line)
- bartlby37 replied Nov 10, 2015
Short cable this morning - got out at B/E - price not behaving as I thought it would. Pleased to have had the flexibility to see that things might not be as I'd thought.
Andrews Pitchfork (Median Line)
- bartlby37 replied Nov 6, 2015
Got break of LMLH of minor fork (news?) but its too late on Friday for me so I'll just watch and see what happens.
Andrews Pitchfork (Median Line)
- bartlby37 replied Nov 6, 2015
Mt first post here - glad to have found somewhere discussing median lines. Been reading and watching and learning about these tools for a while but am only just beginning to trade - (micro spread bet account for now). Anyway here's a chart - AUDJPY ...
Andrews Pitchfork (Median Line)