Zabana:
Hi traders. Trading COG ( Center Of Gravity ) on lower timeframes M30-15-5 can be tricky sometimes. The gravity channel can expand rapidly and it can be difficult to catch swings even if the price is above or below the oversold/overbought area (lines) . By using Andrews Pitch fork in combination with the COG-channel it gives u a better overwiew of swing S/R levels outside the COG-channel. Pivot levels will also give u a lot of help to identify targets. Pic EURUSD: 1 First swing level at Pivot M3 and Orange fork median line +Magenta fork bottom line. Pic EURUSD: 2 Second swing level at Pivot at M2. Price almost pierced the last Orange fork line. Buy at 1.2626 Enjoy Z
Hi traders. Trading COG ( Center Of Gravity ) on lower timeframes M30-15-5 can be tricky sometimes. The gravity channel can expand rapidly and it can be difficult to catch swings even if the price is above or below the oversold/overbought area (lines) . By using Andrews Pitch fork in combination with the COG-channel it gives u a better overwiew of swing S/R levels outside the COG-channel. Pivot levels will also give u a lot of help to identify targets. Pic EURUSD: 1 First swing level at Pivot M3 and Orange fork median line +Magenta fork bottom line. Pic EURUSD: 2 Second swing level at Pivot at M2. Price almost pierced the last Orange fork line. Buy at 1.2626 Enjoy Z
autopitchfork could not be loaded. Pls check.
and nor pivot is working.
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Hi traders.
Trading COG ( Center Of Gravity ) on lower timeframes M30-15-5 can be tricky sometimes. The gravity channel can expand rapidly and it can be difficult to catch swings even if the price is above or below the oversold/overbought area (lines) . By using Andrews Pitch fork in combination with the COG-channel it gives u a better overwiew of swing S/R levels outside the COG-channel. Pivot levels will also give u a lot of help to identify targets.
Pic EURUSD: 1 First swing level at Pivot M3 and Orange fork median line +Magenta fork bottom line.
Pic EURUSD: 2 Second swing level at Pivot at M2. Price almost pierced the last Orange fork line. Buy at 1.2626
Enjoy
Z