andberg
Short

20150908 14:29 Short USOIL with pitchfork

FX:USOIL   Crude Oil (WTI)
56 2 4
if it is draw correctly and if it is right 80% of the time there is a short entry here
What i really like on your chart is, it is not cluttered!

Here are my suggestions:
a) draw the A-Point from the very top - this is the real Swing High.

b) "if it is draw correctly and if it is right 80% of the time there is a short entry here"
....price don't care about our rules and stats ;-) ...you can have 20 setups don't work, and 80 work..all in a row. Instead...

d) ...don't take the Fork stats as your confirmation to enter a trade!
You need to have your own (proven) setups. And by proven i mean at LEAST 100 occurences you have tracked in your own stats.


...and absolutely, very most important:
Learn to identify the REAL pivot/swings. 99% out of 100 Traders are not able to do this!...and what a pitty, it is the most important for TA, since you could make a simple working Bread & Butter System out of it (note: not SETUP...System = rules, filter, etc.).

Cheers :)
snapshot
Reply
Thank you Forker, I'm glad about your comments
Reply
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out