Hi LEAPup Here is the thread at FF... http://www.forexfactory.com/showthread.php?t=76597&page=142 Take care,
Hello Traders, A very quiet night for me (London Session). Price was in a very tight range...then came the expected breakout... to the upside. Will post charts later today before the Asian session and then again before the London session. Have a very busy day. Hope the US session proves to be exciting and profitable. FYI: The 4-Hr EurUsd chart had shown some bullish sentiment end of last week. We'll see how long it lasts. Take care,
Hi again, Morning schedule allowed for a quick post. We'll see if Friday's bullish sentiment will continue. For new pitchfork traders, observe how price reacts when it encounters a fork line (called a tine). Take care,
Was able to grab a few pips on a Buy before having to run. We'll see how the morning plays out. Be careful. FX4Newbies
Hello again, Just got back to the office to find that the price did hit the target set. Will be posting again for Asian session. Bye for now,
Hello Traders, I have drawn two new forks on the chart; one red and one green. The green one shows an overall bias to the upside, however, the more local red fork is showing a sideways bias. Personally, I prefer to wait for more confirmation. Some may prefer to scalp. This is the decision of the trader. Be very watchful.
Hello again Traders, Market still sideways but I added another fork (Schiff) to see what advantage it would give. It is the green fork over the red in the area of the consolidation. It shows a slightly upward bias. However, it is still a waiting game for me. Not interested in expending the energy scalping. We'll see what London session will do. Be very careful.