Goldmine!

Discussion in 'Journals' started by FX4Newbies, Jun 2, 2010.

  1. There is an adjustment of the red fork to reflect price action.
     
    #311     Sep 10, 2010
  2. An expanded view using larger pivots...dark red fork.
     
    #312     Sep 10, 2010
  3. EDIT: Red Schiff added.
     
    #313     Sep 10, 2010
  4. Well traders,

    Eur-Usd rolled around between the upper half of the red fork and the lower half of the green fork. Will post the weekly wrap-up of the 10 pairs on the blog later in the evening on Saturday. Please don't forget to complete the poll on the blog if you have not already done so. Thanks.

    Enjoy the rest of your day.

    Take care,

    FX4Newbies
     
    #314     Sep 10, 2010
  5. Weekly wrap-up of the 10 pairs is now available on the blog: Pitchfork Goldmine.

    Enjoy the rest of your weekend.

    FX4Newbies
     
    #315     Sep 12, 2010
  6. Well the Eur-Usd pushed higher. For those who had the time to visit the blog yesterday, maybe you were able to get in on the move up. Below is the quote:

    "What a roll around week! Price ranged between WLs off of smaller red fork above. Maybe we will get a move upward? Will wait for a solid confirmation on this one."

    It did go north and is now at the U-MLH...and an ML. Lots can happen from there.

    Be watchful,

    FX4Newbies
     
    #316     Sep 13, 2010
  7. Good Morning Traders,

    Price did make it to the ML of larger green fork...Andrews' 80% rule in action!!! Anyhow, price started selling off some. It is my thinking that if it cannot get above blue line and find solid support there, then we may have a downward move. It will probably take some time to observe that, so trade what you see...as you see it.

    Take care,

    FX4Newbies
     
    #317     Sep 14, 2010
  8. Good Morning to all,

    My apologies. Seems like I forgot to post yesterday...really thought I did. This was it:

    Looks like the Big Boys are back from vacation...price blasted through the blue line yesterday. Thinking it may find support at either of the green lines before going north. It may even use the blue line as support.

    Plan your trade and trade your plan.

    FX4Newbies
     
    #318     Sep 16, 2010
  9. Good Morning traders,

    Price did it!!! It came back and attempted to re-test the first green ML before going higher. Always nice when price behaves as you thought it would. Expecting price to continue to work its way to the U-MLH...the path it will choose we must wait to see.

    Working toward resuming signals next week.

    Take care,

    FX4Newbies
     
    #319     Sep 16, 2010
  10. Just posted an interesting psychological tool to help traders understand themselves a little. It is on the blog Pitchfork Goldmine, under the new Category, Gold Nuggets. Plan to add interesting gems there from time to time.

    Enjoy. Will be interesting to learn what and how you see.

    FX4Newbies
     
    #320     Sep 16, 2010