pitchforks

Athr lookin good.

 

yes, i use them and they work well.....but ....

 

but what?

 

Just wanted to add that forks work in any market, they just may not be used as much.

Take care,

 

Hello Da-Net,

I started a thread here called Goldmine! Take a look and see how the pitchforks work for me. It is all about how they are applied. Like with everything, you have to know how.

Until next week,

 

Hello Konviction,

Very glad you are pursuing pitchforks. I have attached a minor tweak to your chart...in this business a small angle could mean alot...dollarwise. Gray fork was drawn by hand as I do not have chart overlay software yet.

Check out my charts on Goldmine!

Enjoy the weekend.

 

I guess posting the link would help

http://www.elitetrader.com/vb/showthread.php?s=&threadid=200455

Take care,

 

Thanks. I've seen your post on fx factory. I've been a member there for a while.

 

Wonderful. It is a great thread on FF. Enjoy.

 

Got a few positions that arnt performing as expected:

GRMN
LMT
MW

grmn first: Probably should have waited for price to hit the lower fork line before taking the trade, because then I would have seen that price gaped down below the line, and I would have ignored it..but now over 1 month later I'm still in this loser, and about to get stopped out it looks like.