DAILY GBP/JPY (w/ 4HR closeup) — The longer price stays above the middle pitchfork and/or 23% fib line the more bullish I will become. However, it's too early to tell how price will react.

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4HR USD/JPY (w/ closeup) — This pair has a fight ahead of itself. I think it's prepared though. If price decides to stay within the triangle formation formed by the downward trendline (yellow) and lower fib line, a clear breakout from it could ...

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DAILY EUR/GBP (w/ 4HR closeup) — Whether there is action to the upside or downside, this setup should offer great guidance. It's starting to look bearish. We'll see soon enough.

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DAILY GBP/USD — I'm still keeping my eye on this daily chart as well.

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4HR GBP/USD (w/ closeup) — Will the descent continue or has it had enough? To the downside, I expect at least one good bounce starting with the 1st pitchfork line down to the 50% fib.

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I also use pitchfork, trendlines, and channel lines. I'm really not into using moving averages (I'll glance at them from time to time) or other indicators, but if it helps bring more pips for ya, go for it!!!

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THAT'S THE SPIRIT!!!!

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Another SUNDAY MOVE — Here is a 10 minute AUD/JPY chart.

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SUNDAY MOVES — Sunday's are a good time in using this method in capturing pips using charts on smaller timeframes. Once a clear high and low has been established (a decent reversal should occur or a nice consolidation pattern), draw the fib ...

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Daily And Hourly Cad/jpy — Price responded very well to the lines from Thursday morning throughout the remainder of the week.

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While I can appreciate your concern for me as a trader (student of the market), your issue is with the charts. They speak for themselves. As I've stated before, this isn't the standard way of using fibs, but if it works, who gives a frack?? I only ...

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5 MIN GBP/USD (w/ closeup) — Here are charts of the earlier 5 minute Pound with a pitchfork thrown in the mix. I'm sure there are other pitchforks that could be added that would be helpful as well. I'm just using this one as an example. With ...

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15 MINUTE GBP/USD — Here is a chart where fibs are drawn on a small consolidation pattern.

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Pitchforks (technically called Andrew's Pitchfork)are really just three trendlines that are automatically drawn using three significant high/low points on your charts. I have found that price responds quite well to them. Do a search here on FF for ...

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5 MINUTE GBP/USD — (I included the the normal 138% and 161% extension levels on the original fibs to show how they coincide with the two fib lines in the duplicate set.) As you can see in the first chart, price spiked up at 6:00am. I drew fib ...

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I learned to draw the fibs in the manner I do by just looking for creative ways to identify support and resistance levels. When I decided to try it this way I discovered that two of the normal extension levels (138 & 161) would always coincide with ...

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Daily And 4hr Gbp/usd — Nice retracements on this pair.

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4HR USD/JPY (w/ closeup) — I adjusted the high point for the red pitchfork and added a downward trendline and new pitchfork (green).

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I just wanted to add that I always draw the original fib lines in blue and the duplicate in white.

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DAILY GBP/JPY (w/ 4HR closeup) — The 4hr has the potential right now of making a double bottom (one that leads to several hundred pips). If not, then there exists the possibility of it occuring on the Daily. However, there is a chance that a ...

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