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FX4Newbies replied Jun 18, 2010A June 14th, 2010 Post — Hello Traders, A very quiet night for me (London Session). Price was in a very tight range...then came the expected breakout... to the upside. Will post charts later today before the Asian session and then again before ...
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FX4Newbies replied Jun 18, 2010Drawing The Pitchfork With MT4 — In case some of you are wondering... In MT4, it is found under Insert then down the list, you should see Andrews' Pitchfork. The Pitchfork tool on MT4 is very easy to apply. Once you select the tool, you simply ...
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FX4Newbies replied Jun 18, 2010Sideways Dancing — Hello Traders, EurUsd has been dancing sideways during the night...grabbed a few pips. Overall though, just don't feel like expending the mental and emotional energy involved with scalping. It's Friday. Congrats for making ...
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FX4Newbies replied Jun 18, 2010Bulls Get The Break — Bulls finally pushed through finding support on MLH as swithback line (blue one). A switchback line is where price breaks through, comes back for the retest then takes off... Will just keep watching. Take care,
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FX4Newbies replied Jun 18, 2010Price Is Racked...Like Pool Balls — Hi again, Price is having a time trying to go somewhere...racked by the MLHs...2 blue and 1 green. For additional reinforcement the burgundy ML above it all. Looks like it wants to go higher. Let's see who ...
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FX4Newbies replied Jun 18, 2010A Fresh Look...Target Attained — Well price behaved image Finds itself at a major crossroads now...will it go above maroon ML or turn? Only time will tell. Enjoy your day,
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FX4Newbies replied Jun 18, 2010A Fresh Look...Thanks To A Market Move — At least we got some swings to work with. Let's see if the market will continue out of the rolling chop.
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FX4Newbies replied Jun 18, 2010The Move Upward — Hello again, Hope everyone had a great day! Just to wrap up my last chart...price turned upward passing yellow target idea. Change in direction started as price broke red MLH. New view of chart coming next... All the best ...
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FX4Newbies replied Jun 18, 2010Pre-Asian Session — Hello Traders, Definitely a sideways day as shown by the large dark red fork. A few pips were possible scalping here and there. Chart is what I am looking at to see what the Asian session would add in preparation for the ...
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FX4Newbies replied Jun 18, 2010In No Man's Land — Hello again, I guess the dust hasn't quite settled yet. Price is once again in no man's land per my chart. By "no man's land" I mean that price is in the space between the tines...the lines of the fork. Thinking out loud to ...
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FX4Newbies replied Jun 18, 201037 Pip Profit...Has The Dust Really Settled? — Shorted Eur/Usd at 1.1960 and exited at 1.1923...saw some more support and decided to watch again to see what detour might be ahead. I guess it is still interesting image
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FX4Newbies replied Jun 18, 2010Has The Dust Settled? — Hello traders, Watching to see if price is ready to make a move...feels like it will be an interesting night. Wishing us all good success,
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FX4Newbies replied Jun 18, 2010The Bermuda Triangle — The blue triangle on the chart is what I call the Bermuda Triangle. Quick trades...no big trend. Conflicting forces need to be resolved in order for price to move in a decent trend.
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FX4Newbies replied Jun 18, 2010Where The Ruber Meets The Road — Seems like this area could show us something that will birth the next move. We wait for confirmation as the tug-of-war heats up. Observe where price is in relation to the Pitchfork lines (or tines).
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FX4Newbies replied Jun 18, 2010Price Arrived Early — ...or maybe I was late image ? Price fell close to the area I marked...close enough for me Where to next? P5 or Resistance?
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FX4Newbies replied Jun 18, 2010Price Target In Sight — Price did not make it to the ML on green fork. Also broke lower MLH. Finding support at WL2. In the target zone though.
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FX4Newbies replied Jun 18, 2010Market Open — Hello again traders, Hope you had a wonderful weekend. Well, the market is open. Price dropped to test the lower parallel line of the red fork. It is now in a primarily sideways mode for those who scalp. We'll see how the Asian ...
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FX4Newbies replied Jun 18, 2010Pre-Market Thoughts — Hello traders, Just trying to get some ideas on paper. It is a good idea to think through some what-if scenarios. Don't just react to price. Know in your mind...if price does this then I will plan to do this. Will watch ...
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FX4Newbies replied Jun 18, 2010The Pitchfork's 80% Probability — FYI: Please note that the 80% probability of price hitting the ML applies when the pivots selected are the immediately alternating pivots prior to the current price action. I choose to mention this here, just ...
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FX4Newbies replied Jun 18, 2010Here Is The AudUsd Chart — I decided to put the chart in a separate window. Previously, I tried using smaller files, but then realized not so great an idea. This one shows The AudUsd and has some interesting chart notes.
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