I'm a bit surprised that from all the "Price action only" traders here on ET, my thread remains rather "un-popular" except for a few posters. Have I not prooven that this technique works? Whats the deal yo?
pitchforks
- Thread starter racehorse
- Start date
Pitchforks dont have enuf sizzle.
Point 1-2-3?
FTT?
Pitchfork?
Boring.........
And there is really no such thing as price action only.
A candlestick is a technical indicator.
Maybe that is why there is no traction.
BTW, nice thread, pitchforks work well with my own brand of TA.
Caveat Emptor
Point 1-2-3?
FTT?
Pitchfork?
Boring.........
And there is really no such thing as price action only.
A candlestick is a technical indicator.
Maybe that is why there is no traction.
BTW, nice thread, pitchforks work well with my own brand of TA.
Caveat Emptor
Closed out the last of MDC + 362.90
Just bought little under 1000 shares of GPN at 45.61. Got a 2:4 risk/ reward ratio. I really like how the weekly bar is closing strong near the highs on big volume.
Took KBH short, but this was more of a trend line/ channel play than a fork trade, but from looking at the chart, I assume I don't need to explain why I took short? Simply the multiple test of resistance along the downward TL. I would like to see price trade inside the fork, and hit the lower TL/ channel line. The Apex of these two points is called an "Energy Point", a term coined by Fork Master Tim Morge. Here I'm risking .51 cents to make 2pts.
KON
KON
Up 624.00 already, but I feel my longs on MW, and RE will be stopped out soon for little to nothing, and GPN, along with my other positions (LMT and TM) could be in the toilet for who knows how long if, and when this market decides to pull back. The higher it goes the more worried I become that we are at a top.
Stopped out on RE and MW for +98, and + 363.93.
Good example of energy point on CEPH. Nice volatility too.
Happy so far with lmt..lets see 86.
ADBE on monthly. Great bounces at all 3 levels.