pitchforks

[patinvest]

Here is one for you. EBAY daily. Good risk to reward. I personally dont like shorting stocks when stockmarket is in an uptrend.

 

[konviction]

nice set up, but look at this one before you short. If we get a test at upper resistance around 24 and you start to see weakness, use the high of that last test as a stop assuming we dont reach that level or higher

 

[konviction]

ben on a daily. Clearly defined s/r points. Will we get a bounce or will we break through to the 95 median line.

 

[konviction]

ceco had a hude sell-off today, and even for a choppy piece of sh-t stock like this, fork lines still held true. lets see if we can test highs before going lower.

 

[ammo]

Quote from konviction:

ben on a daily. Clearly defined s/r points. Will we get a bounce or will we break through to the 95 median line.

where was the starting point on the blue fork

 

[konviction]

Quote from ammo:

where was the starting point on the blue fork

It's a special type of fork. You can read more about it here on this thread on forexfactory

http://www.forexfactory.com/showthread.php?t=76597&page=2

 

[konviction]

to watch some great videos on forks, learn from the master tim morge on his site marketgeometry.com

 

[konviction]

Three smaller forks within one large (red) fork

 

[konviction]

short celg here at the upper resistance of the red fork line. Stops at .92 cents, and my target is 4.3pts, a nice r/r ratio of 4.6.

 

[konviction]

those of you watching gold, might be getting support soon near 105 to 106