I thought this was a GBPJPY thread - what have equities got to do with it? Doesn't look like it's bottomed out yet on this chart of Dow futures. There may be a pre-holiday rally for a couple of days but difficult to see how you came up with ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Watch out for this downward sloping (thick blue) Andrews pitchfork energy point, price showed it some respect.

Auslanco - GBP/JPY and GBP/USD (newstrade)

A note on using Ross Traders Trick Entry and pitchforks:

Andrews Pitchfork (Median Line)

follow on to EU: PS. News didn't hurt either, daytrade target (TP1) hit.

Andrews Pitchfork (Median Line)

I use a few methods of timing the entries but mostly try and play the peaks and troughs using the Joe Ross Hook or Traders Trick Entry after price action on or nearby the pitchfork levels on lower time frames. This way I can normally squeeze out a ...

Andrews Pitchfork (Median Line)

Just for the record, the correct way to draw the Schiff as laid out by Andrews is to draw the origin from the midpoint of price between points A and B, the modification that I have made to draw the origin from the midpoint of both time and price is ...

Andrews Pitchfork (Median Line)

Hey Kent, good to hear from a fellow pitchfork user. Nice charts. There are three main methods I use to draw PF's - the standard Andrews' fork, the Schiff and the modified Schiff. I don't claim to be an expert but it's hard not to be taken back when ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Well done. It was still a cowboy call though.

Auslanco - GBP/JPY and GBP/USD (newstrade)

yee-ha!

Auslanco - GBP/JPY and GBP/USD (newstrade)

The likely course of GJ over the next couple of hours according to the forks, should this not be a bear flag pattern forming.

Auslanco - GBP/JPY and GBP/USD (newstrade)

A year isn't a long time to learn a skill that has unlimited income potential. Like someone said, this isn't a get rich quick venture. No shortcuts. It's all about believing in your system, believing in yourself, and having the discipline to pull ...

Tired of losing money in forex

Don't you just love it when a plan comes together?

Auslanco - GBP/JPY and GBP/USD (newstrade)

Stupid Pitchfork was 5 pips off from the pivot. Must be drawing them wrong.

Auslanco - GBP/JPY and GBP/USD (newstrade)

No problem, we all had to start somewhere. You're using MT4 right, to capture the chart right click on it and select 'save as picture' > Active Chart (as is) and save it to your desktop. Then when you go to manage attachments upload it as a .jpg or ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Same. Generally my experience with them was good, they were very quick at moving funds between my accounts and had no problem withdrawing. Position trading with them is fine but if you are shooting for relatively small profits with market orders in ...

Alpari.co.uk Discussion

FF will host the chart screenshots, just go to manage attachments in Additional Options when you are posting. There are other threads where you can practice doing such things. Use the Search function at the top of the page.

Auslanco - GBP/JPY and GBP/USD (newstrade)

It ain't about the Yen and the credit crunch at the moment, which of course is still a factor but not as predominant as it was. It's about the Pound looking attractive as inflation has hamstrung central banks scope to slash rates and now rate hikes ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

That was an A trade if I ever saw one, shame it didn't have the legs to run further (or at least it hasn't yet) The Schiff median line (turquoise) that had previously been respected provided enough support to shake me out. Shorts still look good, ...

Auslanco - GBP/JPY and GBP/USD (newstrade)

Trade what you see and not what you think pal.

Auslanco - GBP/JPY and GBP/USD (newstrade)

I'm feeling that myself. Not a trade recommendation of course, but it sure does look good.

Auslanco - GBP/JPY and GBP/USD (newstrade)