Caught this D point with a 5pip S/L before i had any pitchfork on nothing, want to know how hit me up with private message. madness how precise this strategy is. all about selectivity. Educational purpose only, not giving signals, not bragging just sharing
A bit more advanced, fibonacci clusters present, double pitchfork giving us nice EP's, hence potential trades. Looking to see how price moves in this fork, can copy past this on your charts to follow price action. Educational purpose only, use proper risk management if u should trade. Hit me up if your interested in pitchforks, the precision is maaaad.
Nothing special yet happening on this chart/pitchfork just thought id share so you can copy it onto your charts and just observe what price will do and how it might/might not interact in the future. Educational purpose only, not giving signals, use proper risk management if you should trade.
Sorry for not being too active, preparing for travels. Some nice touches on UJ. All you need is one of these trades a week to make a decent balance increase. Learn the new paradigm, put in some effort now to trade like everyone else dreams of later. Education only, not giving signals here. You want to know how its done hit me up with private message.
Here we have a nice example of an EP, what we look for to enter a trade. The yellow fork is a tradtional andrews and a charly delta as taught by my mentor. the purple fork is based of the UP, when extending it into the past we can observe some nice hits. The EP formed so far, gave a nice 1:4 risk reward and we will see where price takes us next.
Today i was able to take advantage of a Pitchfork thats 30 days old, just to show the power of these things. The green PF is based of a scan that most traders regard as over or no longer relevant. The INS line as per usual daily S?R line. This is/was a setup of 1:17 Risk reward so far. well here is the proof that this is not the case Currently in the trade,...
On this chart I drew the forks on the main swings, as i was looking at the chart all this fibonacci wooowooo became clearer and clearerer.... btw we looove the wooowooo. You are probably looking at some of these fib values and wondering where they come from or if I just made them up to suit me. NO! My mentor backtested all of these over 15 years and thousands...
Here is a perfect example of a classic CD-X Pitchfork giving us a bounce of the lower parallel (LP) in combination with an INS (daily support&resistance) line, thus creating an energy point (EP) and increasing probabilities. The S/L (red diagonal line) as you can see gets smaller and smaller the more price moves on, one of many advantages of this strategy, and...
Learn how to trade in the new paradigm and save yourselfe a big Head ache. Once mastered this way of trading allows for a much healthier psychology. Its not about the amount of pips gained, but the pip value. Here in new Paradigm we maximise this value by keeping VERY tight stops and can therefor make up to 10x the profit of the same amount of pips caught. I...