Up sloping blue median from last night has failed. The correction rounded out and doubled off the .386, took out a prior low and entered short on the retrace/retest of the red median. Peeled off part to pay for stop, rest running south.

Andrews Pitchfork (Median Line)

kill it

Andrews Pitchfork (Median Line)

Me too

Andrews Pitchfork (Median Line)

cash the lower at the lower blue median and let the upper ride for the bottom

Andrews Pitchfork (Median Line)

Lusan, Your blue fork is pointing up. bottom median has held, just looking at the waves it would appear that we are north bound, the speed of the drop today would make you think there's some more left at least a retest of the bottom, but it she ...

Andrews Pitchfork (Median Line)

add short

Andrews Pitchfork (Median Line)

That's what makes a market Zoom retest on the median, Tokyo doesn't seem like it wants to go anywhere, but give it a whirl see what happens...

Andrews Pitchfork (Median Line)

Well that's probably the retest of the red fork, but I'm to tired to mess with it anymore, out and off to bed. ZZZZZZzzzzzzzzzzzzzzzzzzz

Andrews Pitchfork (Median Line)

well it's worked it's way east and is pinched up, either it will break north and look for the high ( possible range setup from there, or we break this small support and a chance to make a little south, pull the stops , north and I'm off to bed. fwiw

Andrews Pitchfork (Median Line)

For the moment I'm looking south, small sized due to correction, will try to pick off a few and look for price to stall and set up for a long later if I'm awake. thinking something like this at the moment but will alter the thoughts as price ...

Andrews Pitchfork (Median Line)

Catalin opened the thread a while back, trying to stir up some learning and dialogue, the thread seems to go through spurts of activity. Tims presence has sparked some interest from those who use the tools and know him. Imho, it's been more of an ...

Andrews Pitchfork (Median Line)

No trade charts posted because there's no trades to post. I was looking short on the euro last night, as seen from the posts. Price on 240min has been making lower lows/highs - gold lines I had been sitting on my hands waiting for last weeks ugly ...

Andrews Pitchfork (Median Line)

Ok, I've got to do some google search later today and find one.

Technical Analysis Fallacy

If your name is Balaam you'd better listen to your smart ass...

Technical Analysis Fallacy

Rob, Exactly. There's something to be said for time/price analysis, when time's up things happen... but that's another story. If your just getting into forks it's essential that you ground yourself with the basics first and build upon that, as ...

Andrews Pitchfork (Median Line)

As this thing works it's way over to retest the upper median, an a possible short, Sometime London I'd say, be careful. Price has turned at what would be the mid-wedge, could be a bullish sign.....

Andrews Pitchfork (Median Line)

Gt3rs, John Crane put out a book a few years back, "Advanced Swing Trading" which is basically similar to Mikula's method you mentioned---timing past swing points measured from a move and projected forward. There are some interesting points and ...

Andrews Pitchfork (Median Line)

this might help

Andrews Pitchfork (Median Line)

Jeff all the levels of the fib channel need to be in the negative and your projecting -100% so -2 would show as a 100% extension. You will be anchoring the base line to the BC and dragging the opposite side of the fib channel to the A point... that ...

Andrews Pitchfork (Median Line)

Gt3rs, Does price have to make the median inside any time window? Not necessarily, price can play inside the fork retesting any of the lines, generally you will see the angle of the fork being played out inside, sliding parallels of the original ...

Andrews Pitchfork (Median Line)