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pitchforks

Discussion in 'Technical Analysis' started by racehorse, Mar 9, 2004.

ChipShotTrader
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konviction said:
I got that book by Dologa, and was pretty disappointed by it. He makes a simple concept very complicated, and clutters his charts with so many lines, and indicators that you can't make sense of anything. I keep it as simple as I can. I like to combine fibs with my forks for a few reasons:

1. Fibs offer a different view of where s/r levels are
2. Price respects fibs
3. Fibs are good to see where price can go by looking at the extensions

I have momentum on charts, but I don't really use it.

----

Tim Morge is the best. Check his site marketgeometry.com for his free fork seminars that he does once a month.
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https://www.elitetrader.com/et/threads/tim-morge-and-the-well-chosen-example.305061/page-3

#561 May 2, 2018

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