oil with some comparisons to the past and with gold currently.comparing the "old" pattern to oil with highly profitable swings to the way it is swinging ( or not swinging ) now. Then I briefly compared price action of oil to gold.
Swings
Pitchfork Trading - Video 1Video Nr. 1
I explain the quick principals of the Pitchfork and how we use it.
Parallel to the educational benefit, you get the analysis of the NQ and a good feeling, where we are in the whole big picture.
If you like to learn more about the Pitchforks and how they produce great trades, then here's how you can get your free course:
1. Klick the link at the bottom to get to our website.
2. Register for the FREE MEMBERSHIP
3. Login and start the course
Thanks for watching and if you like it, give a thumb up :)
P!
USDNOK - Search, ask and you will find...I had not clue about this chart.
So, I was laying back, squeezed my eyes and let it shine on me (...nope, not smoked anything hehe...).
Then it comes together, peace by peace.
Here's how I approach any new analysis.
- Swings & Pivots
- Identify the trend and the flow
- some support & resistance
- action/reaction & forks
- patterns...as far as I can see them (...because I'm a really bad pattern trader)
- fractals
- anything else (...letting creativity flow)
During this process, I delete the whole paintings a couple times.
So this is like Zen to me and hell, I really love what I do §8-)
Let's see if YOU can make something out of this.
Please do me this little favor and let me know if you go long or short.
P!
