When it comes to learning about markets and trading, finding the right path and committing to it is the hardest part. The right path has little to do with any technical analysis method. It has to do with structuring our mental framework so that we fundamentally change how we experience markets, trading, and loss. In the video, I show some Median Line and...
The trading landscape in the 21st century is characterized by a revolutionary fusion of cutting-edge technology and financial acumen. As the accessibility of trading increases, traders wield a versatile suite of tools that encompass chart patterns, Fibonacci retracements, Andrews' pitchfork, and the Zig Zag indicator. This in-depth exploration delves into the...
Here's an example of a pitchfork drawn on the 2 weekly BNC:BLX chart, measured from the March 2020 low to the Nov 2021 high and completed at the Nov 2022 low, and then extended in direction and levels (up to 9 levels can be added). The chart above makes for a solid example of how pitchforks can be used to derive a trend or channel and find solid support and...
An example of how a modified Schiff Pitchfork, with lines extended, can be used to ascertain trend and various trend levels for the full chart history of BINANCE:HBARUSD Pitchforks can be extended to detect new bottoms and tops as well:
Pitchfork a simple yet effective tool, if implemented correctly, can offer you dynamic levels to watch which one could have ignored otherwise. ------- Pitchfork has three points ------- 1) Anchor Point 2) High Point of TREND 3) Low point of TREND ------- Quality of Pitchfork ------- 1) Applying Pitchfork on Higher timeframes to Judge where we are in a...
In the chart there are 2 Median Lines, 1 Fan (Dr . Alan H. Andrews style) a trendline - and... a smiling dog 'cause it's Fun! Now the Median Line per 1.2.3. been shared for the first time here The Upper Parallel Median line test is where the Blu arrow is and it shows a dynamic resistance level that worked pretty well. Here is another update of the same...
Basic forks Platinum as an example Major pivots Always High-low-high OR Low-High-Low Use pitchforks to frame PA 80% of the time price returns to the median line from the third pivot GRI 2022
A Trader asked me, if I could show how I approach my analysis. And this is what this Video is about. At the end we even have a potential trade and definitely a chart to observe. What you will see is: - the big picture - swings - Andrews Pitchfork - the sine-wave pattern ...and even the classic Head & Shoulder, which reveille where the meat is. Let's start...
Want to avoid unnecessary stops and find REAL market structure? Here's you can improve, hiding your stops, and identify a REAL turn in the current flow of price. Questions? Ask! #learntoearn
The power of the Fork is NOT in just anchoring 3 pivots. The power comes from how the USER applies & interprets the "Story" the FORK is showing you. Today I am showing you a unique method of isolating important pivots in the market that give the trader an increased probability or edge in capturing a strong move. it is NOT the unicorn you've been searching for...
Here I bring you the concept of classic pitchfork and how to use it in live intraday market... watch full video and you will see that how perfectly the pitchfork level works....
Another link to the Schiff Pitchfork idea is also below in "Related Ideas" : I realized that sharing my Schiff Pitchfork idea may not have been sufficient enough to allow others to be able to use it efficiently and accurately. I wanted to make a video that shows people how I use the Schiff Pitchfork to trade and analyze; Along with some extra tips. The video is...
Hey everyone, how are you all? Let’s discuss Pitchfan and Fibonacci Channel on S&P 500. There are some bearish news in the market. The news includes Federal Reserve’s stance on increasing the interest rates, making investors shifting into the bond markets. Netflix down by 22%. Your trades should always respect the fundamental analysis. Don’t try to go against...
It's all in the text boxes. I''m still a novice with APs, so take it with a grain of salt. But, that's pretty much the gist of pitchforks. The artistry is in identifying two things. First, the proper datapoints for the anchor and tine points. Second, which frickin' version fits price action - original, schiff, modified schiff, or inside. If you are a...
Pitchfork tutorial On oil But could be on anything Major pivots ABC high low high or low high low Using tradingview's excellent pitchfork tools GRI 2022
DXY is at a critical point And what DXY does next will effect everything Here we use action reaction charting as developed by Dr Alan Andrews to see why this is a critical moment for markets and the dollar The Andrews pitchfork uses three major pivots ABC, and forms a median line from A to bisect B and C 80% of the time price returns to median line Here i...
Schiff's trident and Variant Trident After Schiff presented his work to Andrews, Andrews suggested a small modification. Practically, the work of this trident derives from displacing the principles of the trident half the vertical distance and half the horizontal distance between the largest and the minimum as shown in the previous graphic. The early fork is now...
How to draw Action an reaction lines in trend ..................