Goldmine! - page 23

 

anyone else using pitchfork had success with it?

 

Update From Earlier Post

Here is the earlier chart showing the price failure. Posted here for comparison sake.

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Absolutely!!!! Not many traders post here. If you go to my thread on Forex Factory called Pitchfork Goldmine!, you will see other traders posting there.

This thread is pretty quiet, though people are downloading the charts.

Thanks for the question,

qwertymyfx:
anyone else using pitchfork had success with it?
 

Pips Made On First Signal

Got an email from a trader who made 10 pips this morning from the signal. The price did not make the target, which was a Price Failure. There is a specific strategy for dealing with failures in the Andrews methodology.

If price did not hold at green L-MLH, it was downhill. Looking forward to the London Session. Still working on streamlining the process.

Take care,

FX4Newbies

 

Market looks parked for the moment...a scalping session?

Be careful,

FX4Newbies

 

EurUsd - More Selling?

Hello again,

After much consolidation, price dropped further...bouncing a little, expecting it to go further south...possibly to 1.2750.

Be careful with your entries.

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Short Target Hit!!!

Just posting a chart update. Price hit target square on. Will post again during the London Session. Going to ML?

Take care,

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Just a reminder that I will begin sending free signals on selected pairs next week. To receive them you would need to sign up on my blog. You may also google Pitchfork Goldmine. I may also post the signal charts here from time to time. Will have to see how things go.

Take care,

 

About Second Signal

Entry price for the sell was given at 1.2840. Price dropped to 1.2818 before turning upward. Lots of positive Euro news. Short target was not hit. More USD news to come.

Take care,

 

Stalking A Short

Will see how this plays out. Short yellow vertical line shows projected pivot area, in advance of price action, per Andrews' method.

Edit: Did a re-count. P5 completed at L-MLH of red fork. Pivot count method to locate future pivot would then be modified.