forker
Long

ES E-Mini "Forked" In Context

CME_MINI:ES1!   S&P 500 E-MINI FUTURES
In earlier centuries, the crowd would had thrown me on a stake if I where to out myself as a "Fork" Evangelist §8-)

The Chart:
You can see clearly, that price respects the lines of the Fork.

For those of you who already attended my free ForkTrading BLUEPRINT, you guys & gals know what I'm talking about.

I expect a retest of the L-MLH, if not a crack.

The red line, is where I sold Put Options many days ago. I sold them there for a huge credit, because I knew where to expect a pause of price (at the WL1), if a sharp down move steer in my face, which it did.

However, this is exactly the reason why I am able to trade with 100% confidence and why I am able to put these high probability trades on, even it looks scary.

The Andrews Pitchfork , the Model of Action/Reaction and solid risk management give me the freedom in Trading that I always needed many years ago.

We will find out how the story will go on...

P!
Comment: There it runs.

Keep in mind that a potential pullback to the L-MLH, prior reaching the CL is absolutely possible and would be natural.

P!

Free Mini Crash Course:
https://mailchi.mp/a81e4690ccc4/forktrading-blueprint

Website: http://www.ForkTrading.com
YouTube: https://www.youtube.com/channel/UCVYml-t_FpL_2nloS1jZ6_Q
what's the L-MLH??
Reply
forker whodat692
@whodat692,

Hi

It's the lower line of the Fork: Lower-MedianlineParallel, where the H stands for "parallel".

CL = Centerline
WL = Warning Line
SL = Sliding Parallel

...watch the footer of my posting to get more information ;-)

P!
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