These are the best and most helpful videos to me...it shows what happens in real life trading many times when the original pitchfork is not being respected, but how you can roll with it and use new pitchforks or modified the original pitchfork to still make sense of it. I wish this video was longer though and you would have kept going with it when the pitchfork failed again at the end in a major way. Thanks for the videos, please make more like this.
Beautiful and easy way shown to draw pitchfork. Thanks. Instead of any meaningful contribution people should resist for any destructive criticism. If they don't like some video they should just leave and go.
i like using fib retracement and fib channel both in weekly timeframe, then use an extra of any of them in 45 min chart for smaller details. so I will not keep modifing it with price actions
I use my andrews basically to put my TP and SL, if the trident is broken, I leave with a very low loss, and if occurs, I put the take profit mostly in the center line point. if I'm having profits and pitchfork brokes, I leave operation . It's extremely easy to comment "i didnt find useful" but when you see that each 100 andrews u found 80 green operations, and 20 red operations closed with low loss, you can comment. finally sry for my english if you find any grammar mistake.
I truly wish someone with your knowledge would explain different strategies and methods with the limited DAS trader pro functions, I have watched many of your videos and I thank you for your time helping others to improve their trading
From what I know and have experienced, under médiane, not good. Above, good ! Graph here, by about 3.30 min. Rebound on the médiane ! Around 5 min, seems.we are on a sort of support level Then combine Andrews with pivots / fibos and you're just unbeatable !
These are called inward and outward frequency lines in his terms. And they are extremely precise as supply and demand zone. I would suggest you to buy his course "Price action volume 1" where he talks about it in details. As these are his paid courses, I can't reveal it publicly.
The first thing you should try when price breaks from a PitchFork is to convert it to a Modified Schiff Pitchfork. I've read 3 books on PitchForks and median lines so I am not pulling this from my arse. Give it a shot before drawing a new standard PitchFork.
These are called inward and outward frequency lines in his terms. And they are extremely precise as supply and demand zone. I would suggest you to buy his course "Price action volume 1" where he talks about it in details. As these are his paid courses, I can't reveal it publicly.
I'm finding it very difficult to use pitchforks like this in real time. Assuming that a certain bar like the bearish one with buying pressure that touched the inward frequency line is the c axis of the pitchfork is a very bold assumption
Indeed. That's why we look for an intersection of techniques. A hybrid bar with a very pronounced lower tail intersecting a centerline and an inward frequency. You have to think how unlikely it is for that to be a coincidence.
@@fractalflowpro okay I understand that part. What about the trade itself? If you had entered at the hybrid bar or in the bar next to that hybrid bar would your trade have hit target with a 1:3 ratio? I ask that because price failed to reach the centre line of the upward blue pitchfork and then went immediately down and went below solid structure at 2 which would have stopped out the trade if the target wasnt hit. This is a 60m time frame. So between entry and the top of the chart where price was supposed to hit target is about 25 candle or hours. Adjusting the forks so that price hits target is very difficult in real time. Does that mean you would have to constantly watch what price does for 25 hours?
I'm not questioning the validity of these techniques per say I'm just questioning the application of them in real time which proves to be a lot more difficult to me.
Ed, we use Reverse Engineering when using pitchforks find entry points and exit points and possible lines that the price will respect in the near future. Does that mean that there is not rule for when to use the modified Schif pitchfork, or the width pitchfork, or a pitchfork with its A anchor point placed in an abstract vector other than Reverse Engineering what the price has drawn. Or is there a systematic rule for when we use various pitchfork types. Thank you for the answer.
Great vid. So suppose if the price is taking resistance from the median line, should we expect a reversal? The price as I see it couldn't make a higher high in the end.
These are called inward and outward frequency lines in his terms. And they are extremely precise as supply and demand zone. I would suggest you to buy his course "Price action volume 1" where he talks about it in details. As these are his paid courses, I can't reveal it publicly.
I didn't find it useful. It's very subjective to draw different pitchfork and to do frequency shift. You can draw pitchfork from different points and at the same time shift last drawn. Lot of subjectivity
No, you didn't understand what frequency shift means. There are signs to look for to make the pitchfork identification objective. You also cannot run away from subjectivity in the contextual part of the analysis. You seem to imply that you can, which is a mistake.
It is quite easy do it like this.. draw pitchfork always in the direction of price ... like if prices are hiking draw pitchfork on hiking side of prices.. and when prices start to fall draw pitchfork on falling prices so when prices start to move away from ptichfrork lines it means the trend is changing and you have to change your position
So you have 2 pitchforks one indicating upside of a trend and other indicating downside of a trend. it actually works like this so when price fall below the lines of upside ptichfork it means you have to draw the downside pitchfork and when prices move above the lines of downside pitchfork it means you have to draw upside ptichfork again to find the potential reversal of market.. but remember pitchfork is only a tool to analyze the market trend and reversal it only indicates the entry points but profit taking you have to determine yourself by use of additional factors.
@@farrukhjawad1255 The lack of punctuation while trying to describe something that is fundamentally visual makes it really difficult to understand what you're saying
@@fractalflowpro I know since English is not my mother language and things are are described better if i had option of visual presentation which i can't do in comment section.. however i am available Koolpips.com 90% of the time so can describe better with charts
absolute absurdity. I watched the entire vid again and understand what my professor told me about trading when I first started 20 years ago. I flabbergasted as to how some people, or maybe a good chunk of people, try to make their living in the markets. There are a lot more better tools out there with a higher accuracy than what I see with this. Like taking a candlestick reading course to learn how to read the most powerful indicator out there. Nothing in this video has sold me to actually make a trade decision using this tool, or with a combination of other tools. I hope there is a better, accurate descriptive example using this tool out there. For those naive enough to trust it
i think what you're doing is called Form Fitting...and not technical analysis....draw enough lines, shift them...and there are bound to be lines perfectly touching other lines.. watch the price action...not 'pitchforks'...
![BOWKYLION - วิงวอน (ex-change) [Official MV]](http://i.ytimg.com/vi/cLdnZWDaO-w/mqdefault.jpg)
These are the best and most helpful videos to me...it shows what happens in real life trading many times when the original pitchfork is not being respected, but how you can roll with it and use new pitchforks or modified the original pitchfork to still make sense of it. I wish this video was longer though and you would have kept going with it when the pitchfork failed again at the end in a major way. Thanks for the videos, please make more like this.
❤❤
I have been using pitchforks for awhile and learning the intricacies of them, and this video was very helpful, thanks!!
do you still use pitchfork nowadays?
Beautiful and easy way shown to draw pitchfork. Thanks. Instead of any meaningful contribution people should resist for any destructive criticism. If they don't like some video they should just leave and go.
Hello meeting you❤
i like using fib retracement and fib channel both in weekly timeframe, then use an extra of any of them in 45 min chart for smaller details. so I will not keep modifing it with price actions
I try pitchfork and indeed,its good.thanks for the video
Yep its an amazing tool. And Dr Alan Andrews taught me the other ones also at his live seminars in the 1980's
VERY WELL EXPLAINED THE USE OF PITCHFORK , WHICH IS VERY USEFUL THANKS
Great explanation, noone explain like you. Great teacher u r.
I use my andrews basically to put my TP and SL, if the trident is broken, I leave with a very low loss, and if occurs, I put the take profit mostly in the center line point. if I'm having profits and pitchfork brokes, I leave operation .
It's extremely easy to comment "i didnt find useful" but when you see that each 100 andrews u found 80 green operations, and 20 red operations closed with low loss, you can comment.
finally sry for my english if you find any grammar mistake.
Oh I forgot, never miss the SMA 200 , it can destroy totally or maybe help your pitchfork to raise faster and break de maxed line of your draw.
This video gave me a confirmation on shift fork being the advanced regression trend
WOW! Have never used the pitchfork before but that was such a simple and accurate demonstration, thank you!
Thanks, more tools are always helpful or educational even if they don't get used in the long run, but I like this one so far
Such an awesome video. Deserves more views.
I truly wish someone with your knowledge would explain different strategies and methods with the limited DAS trader pro functions, I have watched many of your videos and I thank you for your time helping others to improve their trading
One of the best videos, knowledge is power 👍👍👍
I use pitchfork frequently on my charts... and this info is good for beginners...
Great. This is just the tip of the iceberg about pitchforks.
can you tell me the name for application of treading Where I find this kind of indications
SUPERB Pitchfork TRADING METHODS
From what I know and have experienced, under médiane, not good.
Above, good !
Graph here, by about 3.30 min. Rebound on the médiane !
Around 5 min, seems.we are on a sort of support level
Then combine Andrews with pivots / fibos and you're just unbeatable !
Om Ah Houm
Cheers, in these crazy times! May more Blissful moments continue to arise...
Thanks because this is taboo knowledge never almost discussed on the internet.
Yes, the pitchfork should be more popular.
Very effective strategy thank you!
thank you man, this is very helpful it improved my trading a lot, it can be used on RSI graph as well
Can you explain me how can i draw those stop-loss lines
How does one figure out exactly where to put the upper and lower supply lines?
These are called inward and outward frequency lines in his terms. And they are extremely precise as supply and demand zone. I would suggest you to buy his course "Price action volume 1" where he talks about it in details. As these are his paid courses, I can't reveal it publicly.
@@paragjyotideka1246 thanks
I love pitchfork, the only reason why I was here was to make a sure that im doing it right with pitchfork.😁
Yes, the pitchfork can be a great tool!
Very good job
Thank you. Very informative.
The first thing you should try when price breaks from a PitchFork is to convert it to a Modified Schiff Pitchfork. I've read 3 books on PitchForks and median lines so I am not pulling this from my arse. Give it a shot before drawing a new standard PitchFork.
thank you for video 🤠
notice how beautifully the second pitchfork catches the lower wick of the bullish candle between 2 and 3. 00:04:15
wow, great vid. thx
Love the way you explain thing in depth. Little late with the comment but awesome stuff man.
Great video! The pitchfork is fascinating!
Nice to see you back!
thank you very much
Tried this to predict crypto market. It works! Thank you very much
Would you make a video on drawing frequency lines? The lines you draw seems almost to be precise.
These are called inward and outward frequency lines in his terms. And they are extremely precise as supply and demand zone. I would suggest you to buy his course "Price action volume 1" where he talks about it in details. As these are his paid courses, I can't reveal it publicly.
Awesome sir
pitchforks work incredibly well in a up or down trending market but what about sideways?
I'm finding it very difficult to use pitchforks like this in real time. Assuming that a certain bar like the bearish one with buying pressure that touched the inward frequency line is the c axis of the pitchfork is a very bold assumption
Indeed. That's why we look for an intersection of techniques. A hybrid bar with a very pronounced lower tail intersecting a centerline and an inward frequency. You have to think how unlikely it is for that to be a coincidence.
@@fractalflowpro okay I understand that part. What about the trade itself? If you had entered at the hybrid bar or in the bar next to that hybrid bar would your trade have hit target with a 1:3 ratio? I ask that because price failed to reach the centre line of the upward blue pitchfork and then went immediately down and went below solid structure at 2 which would have stopped out the trade if the target wasnt hit. This is a 60m time frame. So between entry and the top of the chart where price was supposed to hit target is about 25 candle or hours. Adjusting the forks so that price hits target is very difficult in real time. Does that mean you would have to constantly watch what price does for 25 hours?
I'm not questioning the validity of these techniques per say I'm just questioning the application of them in real time which proves to be a lot more difficult to me.
Yes of course that real time is more difficult. It would be strange if it was easier.
@@fractalflowpro so does the application of the techniques in this sense just get easier with more practise?
What is the best timeline to use this on
What is your average trading return in percentage terms?
Do you use log charts?
Ed, we use Reverse Engineering when using pitchforks find entry points and exit points and possible lines that the price will respect in the near future. Does that mean that there is not rule for when to use the modified Schif pitchfork, or the width pitchfork, or a pitchfork with its A anchor point placed in an abstract vector other than Reverse Engineering what the price has drawn. Or is there a systematic rule for when we use various pitchfork types. Thank you for the answer.
Just awesome !!!
Great vid. So suppose if the price is taking resistance from the median line, should we expect a reversal? The price as I see it couldn't make a higher high in the end.
Good explanation
Is this applicable to lower time frame?????
was the upper frequency line drawn before the big bullish candle reacted or before the candle reacted ?
I stand corrected
How do you choose to place precisely at that place those two horizontal lines? Thanks!
These are called inward and outward frequency lines in his terms. And they are extremely precise as supply and demand zone. I would suggest you to buy his course "Price action volume 1" where he talks about it in details. As these are his paid courses, I can't reveal it publicly.
Do you sell pitchfork indicator script with entries and targets
Sir where i can Found pitchfork indicator
Can you teach me more to understand where to place the lines please
IS These 1:3 Risk Reward Ratio that chart showing
I didn't find it useful. It's very subjective to draw different pitchfork and to do frequency shift. You can draw pitchfork from different points and at the same time shift last drawn. Lot of subjectivity
No, you didn't understand what frequency shift means. There are signs to look for to make the pitchfork identification objective. You also cannot run away from subjectivity in the contextual part of the analysis. You seem to imply that you can, which is a mistake.
It is quite easy do it like this.. draw pitchfork always in the direction of price ... like if prices are hiking draw pitchfork on hiking side of prices.. and when prices start to fall draw pitchfork on falling prices so when prices start to move away from ptichfrork lines it means the trend is changing and you have to change your position
So you have 2 pitchforks one indicating upside of a trend and other indicating downside of a trend. it actually works like this so when price fall below the lines of upside ptichfork it means you have to draw the downside pitchfork and when prices move above the lines of downside pitchfork it means you have to draw upside ptichfork again to find the potential reversal of market.. but remember pitchfork is only a tool to analyze the market trend and reversal it only indicates the entry points but profit taking you have to determine yourself by use of additional factors.
@@farrukhjawad1255 The lack of punctuation while trying to describe something that is fundamentally visual makes it really difficult to understand what you're saying
@@fractalflowpro I know since English is not my mother language and things are are described better if i had option of visual presentation which i can't do in comment section.. however i am available Koolpips.com 90% of the time so can describe better with charts
Thanks
You're welcome
Really useful tutorial.
Thank you
Good
absolute absurdity. I watched the entire vid again and understand what my professor told me about trading when I first started 20 years ago. I flabbergasted as to how some people, or maybe a good chunk of people, try to make their living in the markets. There are a lot more better tools out there with a higher accuracy than what I see with this. Like taking a candlestick reading course to learn how to read the most powerful indicator out there. Nothing in this video has sold me to actually make a trade decision using this tool, or with a combination of other tools. I hope there is a better, accurate descriptive example using this tool out there. For those naive enough to trust it
Like to learn more
nice!
i think what you're doing is called Form Fitting...and not technical analysis....draw enough lines, shift them...and there are bound to be lines perfectly touching other lines.. watch the price action...not 'pitchforks'...
And what do you think you are supposed to look for in price charts?
❤️❤️❤️
Indonesia nyimak bro
You mean subtitles?
Wkwkwk mantaapp
skip to 3 minutes in. Rambling about nothing. Actual pictchfork talk not till 3 minutes
If only you could trade using hindsight!
This is totally useless, and you didn't address the sharp downturn at the end!
I guess if I did adress it you would say I can't do it in hindsight
Useless, not as per title
Thanks for the input