Pitchfork trading is an old technique that most of us newbie traders dont want to learn because most of the people start just want to trade with indicators (like me be4), but guys im telling you learn it and love it. Trade like a professional not like a indicator followers (im not against indicator traders, i respect them because they pro at it). Pitchfork is use 3 different alternating pivots (H-L-H down fork or L-H-L upfork).
Friday, October 22, 2010
oh boy ! Friday and the aud do like this. what should we do. well telling u the truth i didnt do nothing because im going to watch the market every Friday. but it was a good set up. Backtest the up sloping pink line and it a energu point at the black circle. i could be break even now if i in it. but no i did not trade. hehe my pips
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