The gift which keeps on giving.

Kapital's lines of force trading

HOURLY GBP/JPY — A few appropriate quotations: "If it ain't broke, don't try to fix it." "Know when you have a good thing."

Kapital's lines of force trading

If price doesn't break the recent monthly lows with strong momentum, the highlighted region could possibly end up being the trading range (apprx. 75.00 - 82.00) for the year 2012.

Kapital's lines of force trading

Monthly USD/JPY — While attempting to convert current price from USD/JPY (77.75) to JPY/USD (122.25), I realized that it was near the high (All-time?) from 2007 which was 124.12. It was then that I had the thought of drawing action-reaction ...

Kapital's lines of force trading

url

The Magic of Compounding

url

The Element of Time in Trading

HOURLY GBP/JPY — The pitchfork is a great timing tool.

Kapital's lines of force trading

image A satellite orbiting the Earth has a tangential velocity and an inward acceleration.

the ellipses from hussin naiji's view

HOURLY EUR/USD — It appears pitchforks are really in season at year's end.

Andrews Pitchfork (Median Line)

DAILY GBP/USD — Follow-up to a previous posting:

Andrews Pitchfork (Median Line)

HOURLY USD/CAD — ...

Kapital's lines of force trading

HOURLY USD/CHF — Using the same chart as above, notice how using a non-extreme extreme pivot resulted in a pitchfork (and its modified schiff) containing price (to the pip).

Andrews Pitchfork (Median Line)

That's always the next thing to try with any pitchfork. However, sometimes even those won't work. Here is an updated view of the chart I posted. You will notice how the modified schiff lines capture frequency in various spots, which further ...

Andrews Pitchfork (Median Line)

HOURLY USD/CHF — The extreme pivots aren't always the sharpest knives in the drawer. This has to be part of the "fake-outs & shakes-outs" by big money players. I see no other way to explain why it happens from time to time. Do you?

Andrews Pitchfork (Median Line)

HOURLY SPOT GOLD — FWIW

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

Stripped down: image

Andrews Pitchfork (Median Line)

HOURLY EUR/USD — (with all cards shown) The Law of Attraction

Andrews Pitchfork (Median Line)

I entered this bull spread with 10 contracts @ $20/contract ($200 margin; $10/pip). It is one of the 8hr bull spreads (11pm - 7am) so I had enough time for price to work its magic.

Nadex Forex Bull Spreads

Price reached the median line with a strong hourly close above it and pushing even higher thereafter. If price can continue upwards, I'm looking for it to target the lower parallel (arrow).

Kapital's lines of force trading

HOURLY EUR/USD — And...

Andrews Pitchfork (Median Line)