A closer view...

Kapital's lines of force trading

HOURLY USD/JPY — I'm looking at this pair possibly topping out for the day at the quartile it is at now or one or two (not shown) warning lines above it.

Kapital's lines of force trading

Result:

The Logic Behind the Pitchfork

Did anyone participate in the Marketgeometry seminar this past weekend?

Andrews Pitchfork (Median Line)

Another perspective:

The Logic Behind the Pitchfork

HOURLY USD/CHF

The Logic Behind the Pitchfork

Yes...it does...it even gives frequency AFTER having found frequency with the initial set of pivots.

Andrews Pitchfork (Median Line)

image http://www.clublaugh.com/es-items/712.swf

The Element of Time in Trading

Starting with a pitchfork and a warning line, you can create a 3D-pitchfork by adding a few more lines.

The Logic Behind the Pitchfork

I find that when price breaks a pitchfork line and finds support/resistance shortly thereafter, it's usually the result of any of the following: sliding parallel, secondary pitchfork, trendline, previous support/resistance. This can account for any ...

The Logic Behind the Pitchfork

When can we expect another update for Accucharts? A new one was promised 2-3 years ago but never happened.

Charting Platform/Program similiar to "Accucharts"

Outcome of the 1-minute AUD/USD

Andrews Pitchfork (Median Line)

1-MIN AUD/USD — Here's another modified schiff.

Andrews Pitchfork (Median Line)

Here is how the Hourly GBP/JPY setup turned out. I moved the sliding parallel up to capture the lows on the candles beneath the top line (an overlook my my behalf). Another setup I had on this pair can be found here: url

Andrews Pitchfork (Median Line)

Here's what the modified schiff looks like on the chart above:

Andrews Pitchfork (Median Line)

1-MIN AUD/USD — The potential is there to move up...but it's just potential.

Andrews Pitchfork (Median Line)

HOURLY AUD/USD — Can you see the pattern?

Kapital's lines of force trading

GPS TRADING BABY!

Kapital's lines of force trading

HOURLY GBP/JPY — RESULT The lines did an outstanding job at containing price. Price danced on top of that second line before launching upward....only to come back down. I'm now looking for price to reach the bottom line at some point.

Kapital's lines of force trading

HOURLY GBP/JPY If price doesn't have the strength to make it to the 3rd line (from the bottom) initially, then I expect more consolidation along the second (or price dancing on top of it) or a fall down to the first.

Kapital's lines of force trading