HOURLY GBP/USD — WOW... Price really exceeded my expectations. My expectations to the upside was not beyond the UML of the modified schiff. As Darth Vader would say: "Impressive....most impressive."

Kapital's lines of force trading

The energy point (encircled area) gave price the momentum it needed for a strong directional move. A sign that price could possible break the UML of the pitchfork, if it was reached, was that price hovered over the LML of the modified schff (yellow ...

Kapital's lines of force trading

So far...so good. (The LML of the downfork serves as a potential target as well.)

Kapital's lines of force trading

HOURLY USD/JPY — Let's see if the downfork can contain price until it reaches the LML of the upfork.

Kapital's lines of force trading

Missed the warning line by several pips....however, target area was still reached. I wouldn't discount price being able to reach the 3rd warning line of the white fork.

Kapital's lines of force trading

HOURLY EUR/USD — There is potential for resistance at the first warning line of the white fork which would send price down to the encircled area.

Kapital's lines of force trading

Nah...dude was trying to take a jab at Ol' Kapital here. It's all good though. He has a right to his opinion. I'll be the first to admit that I often draw the forks in unconventional ways. Trust me when I say that it has been well worth the effort. ...

Andrews Pitchfork (Median Line)

Thanks for your vote of confidence. Moving right along...

Andrews Pitchfork (Median Line)

Yes, I'm aware of what you speak. They are very good at capturing frequency. I find Andrew's Pitchfork the most useful tool to trade with. Not only because of what it represents, but also because of the many different ways of using it (regular ...

Kapital's lines of force trading

FWIW... url

Andrews Pitchfork (Median Line)

Hourly usd/jy, gbp/jpy, eur/jpy — The handle for each upfork is positioned at the vertical and horizontal intersection of the other two pivots.

Kapital's lines of force trading

HOURLY USD/JPY — ...

Andrews Pitchfork (Median Line)

HOURLY USD/JPY — To quote my fellow trader Auxesis: "FWIW"

Andrews Pitchfork (Median Line)

HOURLY EUR/JPY — 2ND chart shows modified schiff of downfork.

Kapital's lines of force trading

FOLLOWUP: 60 pips to the upside

Kapital's lines of force trading

THE SCIENCE OF RISK video

The video store

HOURLY EUR/JPY — Looking for a possible reaction if price reaches the encircled area.

Kapital's lines of force trading

The chart for USD/JPY shows a technique that I'm testing out. I'll provide details about it in the future.

Kapital's lines of force trading

HOURLY USD/JPY — I doubt that the median line will sustain long-term support. I expect price to seek out support at one of the lines beneath it.

Kapital's lines of force trading

HOURLY GBP/USD — 2nd chart shows modified schiff of upfork. 3RD chart shows an alternate pivot for downfork.

Kapital's lines of force trading