The pull back is starting me thinks

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Plotted the 1 minute fork on my chart. Cool It has just broken through $41... I can see price hesitating, pulling back - you can almost see the orders sat just above and below $41.00

XAU/USD & XAG/USD - Gold & Silver Traders Thread

No I meant the lower quartile (not marked in on the chart posted). Price in its lazy sinusoidal move higher has "acknowledged" the quartile by flattening out and candles srinking - just happens this was around $36 and $40 so to be expected. Price ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Well looking at my amateur fork I would say we have resistance at the median line - on horizontal support/resistance this is 41.50 and a pinbar has formed. Confluence of signs. Target would be the lower quartile. Not drawn in (but will) but by eye ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

My C in the image is at the lower low but agreed looking closer at it, the trend does actually change at the swing low you advocate should be C. Just it fitted the candles better with the C on the wick as in my chart image. We then have a slightly ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Hi beeb. I had a go drawing a pitchfork on the 4H. Regular Andrew's The ABC are (A) swing low on 27/28th Jan. around 26.32 (B) is on 7th March at 36.79. (C) 33.62 on 15th March. It looks to be working ok. Price has hit the median line twice now and ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

There is a bearish pinbar formed on the 4H chart closed behind 41.50. 41.50 - round number that is.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

One week ago pitchforks were another funny symbol on the chart. I went to the Friday session. It was pure gold. I could hear every word. Well explained. It was very motivating which is what good teaching is about. Thanks beeb. Edit: I think the ...

Andrews Pitchfork (Median Line)

Supreme - the tums hyperlink you put in is dead. But I went to the Tums antacid webpage. tum.com. Alcoholic gastritis??

james16 Chart Thread

Yeah I re-read your post after I'd commented. I thought you might have meant something like that. Now I know you did. Yeah I've seen them on the currency pairs. The massive moves in the yen in the very recent past. If I'd been on that one I'd have ...

james16 Chart Thread

Pinbar's Abbreviation Page — I clicked on your signature quite a while ago and saw all the abbreviations laid out. When i started on J16 it took me quite some time to dig out all the abbreviations, which held me back. Your abbreviation page is ...

james16 Chart Thread

Is that an Andrew's pitchfork you got there aserbfx???

james16 Chart Thread

Pinbar has a list of abbreviations used here. Will he add this to the list as it is not there at the moment (last tile I checked)

james16 Chart Thread

The thing is, everything is clear in hindsight. How were you to know price would shoot up and then shoot down in the first chart? Maybe there was some information? Did you have that (in time) and the confidence to act upon it? I could make millions ...

james16 Chart Thread

Someone said are you beeb? LOL LOL LOL ad infinitum. The fork stuff was absolutely breath taking. I was in a trade shown in a chart on the webinar and felt so confident about it afterwards.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

opened my eyes? Excised my eye lids.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Well that was interesting. Nicht wahr?

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Tried to get in but no password.

XAU/USD & XAG/USD - Gold & Silver Traders Thread

I can see a logical order flow to price action going into a pattern like this where price on the left side of the diamond gets compressed and then busts out hard on way of the other. Good luck, lucky, not sure. As I said from the straight if it ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread

Yes $1500 is a very likely target in the minds of traders but it is $30 away yet. Look at your chart. If you can't interpret charts you got to learn. Trading on hope is hopeless. So you get long and get caught with a 30 down. ps I have had a look at ...

XAU/USD & XAG/USD - Gold & Silver Traders Thread