I was looking for a buy entry in GU. When price broke through the green trend line, I was not bearish. I might have become bearish if price would have tested the Green line from below and fail. False breakout happens and you should be wary of them.

Andrews Pitchfork (Median Line)

GBPUSD — Might turn out to be a good long setup. EDIT: I mean to say I am thinking of buying a retest of green trend line. The red fork is for analysis purpose. Price did not make to its ML and rather held support at the green trend line. Lets ...

Andrews Pitchfork (Median Line)

I cannot say anything about this. I have already voiced my concern once. He is just hard wiring in his head that price reach the most recent ML 80% of the time.

Andrews Pitchfork (Median Line)

Good trade management eaglestar. Its difficult to hold that much pips in a trade for that long with wild fluctuations. I admire you for that.

Andrews Pitchfork (Median Line)

EURUSD — I posted this setup yesterday, I think I am ready to trade it now.

Andrews Pitchfork (Median Line)

thanks Taq, Here is another setup I am looking at.

Andrews Pitchfork (Median Line)

EURUSD — Took EURO long

Andrews Pitchfork (Median Line)

I am looking at this setup, if in case EURO falls today. The green mini fork will provide a good entry to short. I have also put in the blue fork (mod schiff) as an example.

Andrews Pitchfork (Median Line)

Played the EURUSD range. Now closing the trade

Andrews Pitchfork (Median Line)

Good setup pikeliver May be you already have a mini fork added to this setup, I am just drawing it anyway. If the green fork breaks downwards, we have a nice short setup here. Reaction line is down sloping.

Andrews Pitchfork (Median Line)

Here is a good set of AR lines, I have highlighted the important area to watch in gray rectangle. Violet line is the CL of the previous AR lines that I have posted.

Andrews Pitchfork (Median Line)

I am trying to make a point that Risk reward of your trade could have been better. Trade the way you like it. Its your money.

Andrews Pitchfork (Median Line)

You risked 30 pips at least for 37 pips, come on it can be much better than that. Forkers dont do that, breakout traders do this kind of stuff.

Andrews Pitchfork (Median Line)

I use Alpari UK, but I do my analysis on FxPro MT4. I found it to be much better than Alpari and lot others. Its data is very close of esignal data that we can get for $50 a month.

Andrews Pitchfork (Median Line)

In continuation of my previous post. I shorted the EURO with a 15 pips stoploss and will move to breakeven after 1.1911 is taken out. Target is quartile beneath.

Andrews Pitchfork (Median Line)

EURO surely looks like a downer to me. The red fork is getting out of sync and I think there are less chances of touching the ML. I am thinking hagopian.

Andrews Pitchfork (Median Line)

Just by watching Tim doing it and reading the Andrews course, also it needs a lot of practice.

Andrews Pitchfork (Median Line)

On higher timeframe, things are not that rosy

Andrews Pitchfork (Median Line)

GBPUSD — This AR line set has been working very effectively. A move to red CL looks probable.

Andrews Pitchfork (Median Line)

FX4Newbies, your live commentary on the market is certainly very amusing. Most of the time this thread is slow but I see lot of activity today. Another thing, you can use any trading strategy and have a 20/20 hindsight and it is also true for forks. ...

Andrews Pitchfork (Median Line)