- Search Metals Mine
- ghitz replied Dec 5, 2006
i heard of them somewhere else. just downloaded their demo. dont really like it at first glance. if the spreads are like that, and they are no scam, it looks tasty yum yum. my question is if their feed can be linked to metatrader?
What broker has the tightest spreads?
- ghitz replied Dec 3, 2006
same setup. the phil newton case has as a condition a trendbreak for this pattern to be a reversal. it can be also used for continuation.
As Simple as 1-2-3
- ghitz replied Nov 29, 2006
no indicators, only price action and fibs. if trend is up, look for continuation patterns....flags, pennants and so on. if pattern is a reversal, need to get a trend break, no trendbreak no reversal. always wait for breakout, read price action at ...
Shorter or Longer Time Frames 4 Success?
- ghitz replied Nov 29, 2006
same same. monthly-weekly for trend and key levels. daily for trend and price patterns, support and resistance. 4 and 1 hr for price patterns and setups, 30 and 15 min to refine entries. only use the 5 and 1 minute during big news days, otherwise, ...
Shorter or Longer Time Frames 4 Success?
- ghitz replied Nov 26, 2006
sounds like it is the day to take the day off! i will wait until london and new york have something to say before taking a position.
Big Boys DID IT AGAIN
- ghitz replied Nov 26, 2006
No words.......good luck mate, hope its not what you fear.
Big Boys DID IT AGAIN
- ghitz replied Nov 20, 2006
so far, 8990 contained attempt up. lets see if asia has something to say.
Cable Update (GBPUSD)
- ghitz replied Nov 19, 2006
that is the other scenario. i am at odds with that one. you could well be right, and the most likely scenario i see contains both. think monday will be up, and will reverse (between 8990-9020) for continuation down. we will see. open to both ...
Cable Update (GBPUSD)
- ghitz replied Nov 19, 2006
move down stops at 50% retrace from 85 to 9170. apparent continuation up stalls at 38% retrace from last weeks move down. me thinks there is a higher probability of this being a pullback for the continuation on the way down rather than a move up. we ...
Cable Update (GBPUSD)
- ghitz replied Nov 18, 2006
alternative way of seeing things with price patterns, not pitchforks descending triangle breaks north and gives a measured move (to the pip almost....ok 3 pips exceeded) now assess price with price patterns to see if you get a continuation of the ...
Andrews Pitchfork
- ghitz replied Nov 18, 2006
couldnt agree more with you DownRiverTrader. IMHO this is just another tool that cannot substitute traditional and basic Support+Resistance analyisis but compliment it. See attached: Using pitchfork technology TM, upward fork is only invaldated when ...
Andrews Pitchfork
- ghitz replied Nov 17, 2006
discarding pattern. 123 pattern still valid as the 2 hasnt been taking yet. forming now a double bottom, but IMHO it will end up being another range as yesterday. g edit. 2 aspect broken as i was writing.
Andrews Pitchfork
- ghitz replied Nov 16, 2006
pitchforks and price patterns — well, this is just an academic excersice to see how pitchforks and price patterns work. the chart has 3 potential trading setups 1) bull flag, so eurodollar goes up (pitchfork is not violated yet (trigger line ...
Andrews Pitchfork
- ghitz replied Nov 16, 2006
surfer: fair enough, a matter of preference i guess. The little I have read points to efficiency of pitchforks having to do with the first pivot as being lower than the other two pivots in an uptrending pfork, as it will signal a trend and its ...
Andrews Pitchfork
- ghitz replied Nov 16, 2006
hi surfer, english is not my language either, so thats 2 of us. what are your 12345 numbers. assum elliot waves on the way down? there is one thing i dont like about your pitchfork (and this comes from pitchfork beginner to pitchfork beginner, so ...
Andrews Pitchfork
- ghitz replied Nov 16, 2006
hi lyndon, dont overwork yourself. will pm you later. one thing i have learned. never trade eurgbp. boring boring boring. had that pitchfork on eurgbp before, and was using it to confirm shorts on cable. i guess that is the use of eurgbp, apart from ...
Andrews Pitchfork
- ghitz replied Nov 16, 2006
hi guys, hi lyndon, hope all is well. below is a potential pfork with a higher low reversal pattern at 50% fib. pattern is triggered for a long, pitchfork appears to be formed and tested, and entry at 8900 or better stop 8845, braking previous down ...
Andrews Pitchfork
- ghitz replied Nov 13, 2006
me-embarrassed, of course AP!!! probably got to go to sleep. rules above are for somebody that trades price patterns, not pitchforks. pitchforks seem to be a decent tool for it though. g
Andrews Pitchfork