VIX withing the Andrews Pitchfork Framework pointing NorthThis is a reverse Andrews Pitchfork.
The A Point is higher than the C Point.
The Andrews Pitchfork is a tool, nothing more or less.
This tool, applied correctly, projects the most probable path of price. So nothing magic or secret.
The Andrews Pitchfork roots from a physical basis.
And that's the reason why we can apply it on EVERYTHING that fluctuates.
So, if you think it just works on Stocks or Futures, or any other money based product, you are missing out a very important point.
However, in this chart, we see what's going on, trying to filter out some noise using the Line Chart.
This is the exact same approach of analysis I'l do with every other product. I want to see a CIB = change in behavior. I want to see a SMACK! like momentum., followed by a scary one that follows ( confuse the crowd!).
Here we have it picture perfect.
Probably it's not by accident, because the VIX is a measurement of volatility = fluctuation (...of fear and greed).
My personal (attention:) OPINION (...since I don't have a crystal bowl), based on the Andrews Rules and my analysis is, that we shoot higher, at least to the Center-Line. Means, markets would tank.
Hopefully this helps you too, and awakens your interest in applying the Andrews Pitchfork to your trading.
T'care out there - be clever and risk small. The rest will come.
#LearnToEarn
Forker
S&P E-Mini - YES! I really meant 3400I wrote many times about this. And I even posted this Video here on TV:
Everybody expects a turn, a crash, or at least a bigger correction. Guess what...it's not ripe yet.
Now, we never know when the REAL turn will come. IF it comes, then it will be a major turn. Not only in the Markets, but in the whole world for many reasons. (Read Armstrong Economics!).
You better learn NOW how to play vertical markets.
Because when the Whales turn direction, it will be far too late...
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NG - NatGas on it's path to the 3rd highThis market is only for a view investors, but really not recommended for retail traders with pockets smaller then a couple Millions.
As for the chart analysis on the weekly timeframe, we see that price had blown through the confluence point and through a couple resistance ranges.
The target is the white centerline.
A potential pullback to the prior resistance is absolutely possible.
Remember what Forks are for: "They project the most probable path of price", nothing more, nothing less. So as long as price trades within the white up-sloping Fork, the direction is clear.
Don't mess with the Dragon if you're not really sure you can handle him...
P!
RSX - Failed, Retest, Down.Rally nothing complicated, just simple facts and rules.
High chance to take another dive...Blllubbb...
P!
EURCHF Long from balanceWith the market at balance at the Centerline I start my position to go long.
Two opposing forces:
1) the blue Pitchfork, which shows how price swings to the south and where the extremes and balance levels are.
2) the up-sloping A/R Channel, which does the same as the blue Pitchfork, just in another context to the upside.
As for targets, there are
a) the U-MLH of the blue Fork
b) the Centerline of the A/R Channel
c) trailing behind Structure
P!
BTCUSD - Where to buy?This is an Action/Reaction Model, paired with two Forks. What do they show you?
- Extremes of swings
- Center of swings
If you apply the 7 rules of this analysis framework, you know when it's time to buy or sell. No, it's not 100% exact every time. But how about over 80%?
Gather knowledge and get my signals while you learn to earn. Go to my website and register for free.
P!
EURGBP - Do it again SamOK, here's the same idea with more information (more bars) then this previous one (see the previous chart below):
Now we even now that "they" have built a so called "feeding zone" (orange), where the whales in the pond eat all they can, just to pull the strings later.
But first the whales wash out the stops below. And as we see, they even are fishing below the Centerline, just to go long again and leave the ordinary trader behind them.
I expect the same jump above the zone as they did to the downside, but then a pullback to scare the hell out of the breakout traders. This is the exact zone where I load up the boat even more and go long, riding as a Guppy on the back of the whale.
May Neptun with his Fork be with you §8-)
P!
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Happy learning & earning.
NG1! - NatGas potential to turn.The white fork gives us the most probable path of price on a longterm scale, it's up.
The yellow fork is the opposite force, and projects the potential for a pullback from the very top, with the target at the centerline.
The price drop through the yellow centerline lead in a halt right before the L-MLH (Lower-Medianline-Parallel) of the yellow Fork.
This halt, or "not reaching the L-MLH) is called a HAGOPIAN in the Forkers term. It gives us a heads up that price will move in the opposite direction more then from where price came (...from the yellow centerline).
In short:
- Price has reached a high probability area where it has the tendency to turn the current trend.
- Confluence of two Fork-Lines indicate the same.
- The uncleared HGPN at the yellow L-MLH tells the same.
- The red pressing line looks scary, but is probably just a fake.
- A "Flush" of the longs below the yellow Centerline, and then a sharp climb up above again would not be surprising.
P!
GC1! - A potential trade in Gold and some Pitchfork teaching.I describe what the Forks measure and how the HAGOPIAN rule kicks in.
And of course there's a potential trade happen right now in the hourly timeframe.
If you like what you see I appreciate your thumb up. And if you want to learn more how Pitchforks are a great trading Framework to lean on, then take my free and unique ForkTrading BLUEPRINT course on my Website (see link below).
Happy hump day & P!
Google back to balanceAfter price left the first HAGOPIAN, it reached the Centerline (CL.). After this first CL. touch, the reverse lasted not long, only to leave another HGPN to the downside.
Now price approaches the Centerline again and we can now observe a potential reversal, or if it blows through, a trade to the upside.
The blue dashed A/R's give us an idea, how price is currently swinging on a pivot level.
Let's see if we can catch a reversal.
P!
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:
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2. Register for the FREE MEMBERSHIP
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Pitchfork Trading - Video 2Video Nr. 2
I continue the analysis from Video Nr. 1 and show you, why the market is so extremely stretched, and why you need to be super cautious these days.
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:
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Thanks for watching and if you like it, give a thumb up :)
P!
EURGBP 60 Minute ContextSometimes we have just too much bars on the chart. But even then, it's possible to get what's going on if you give yourself some context.
Most important are the real swings.
Pitchforks of course project the most probable path of price, show extremes and even the balance at the centerline.
So what's up here?
Well, price is at the Centerline of the white Fork, after it overshoot the upper extreme the second time.
From here, building a position could make sense if you want to play on the long side.
P!
YM - DJI climbing up to the confluenceYM1! is on the hunt for shorts, as the other Indexes too. I'm curious if price makes it up to the confluence point.
The sine-wave's center is broken, now back to new highs? I have posted a couple times about this pattern. It looks like it plays out perfectly again but...this would indicate new highs...
Observation mode on...
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NQ - Nasdaq InsightsWOW - In this market I see a ton of information we can use to our advantage.
1. The (green) mesured move
2. HAGOPIAN (yellow & white Fork)
3. Confluence on white & yellow Centerline
This tells a great story...
Want to know more how we profit on this information?
Just choose a subscription on my site as many others did in the last day since the opening of the Members Area which includes Trade Ideas.
P!
ES - Change in steepnessEs is going to be a little bit wilder.
The steepness in the slope has changed since yesterday. All in all, the market is stretched.
But in the hourly chart you look at, this is just a normal behaviour as back in the years when markets where "normal", not just to the upside.
Although the major trend has not changed jet, we now have to deal with more pressure to the downside.
If you like these Forks, then get your free course on my website.
P!
GC - Gold is trying hard but...The down-sloping Fork reveilles the most probable path of price. And we see how price reacts to the Forks balance line, the Centerline (CL).
It's just wonderful, watching the ebb & flow of this market eve on this lower timeframe.
I would not immediately short it but wait for a better tell.
Reaching the orange zone would not surprise me, since this is where real structure is sitting, just to bump Gold on it's head §8-)
So let's put our hunting Hat on and hide in the bush...
P!
S&P 500 - There's Order In The UniverseHow many lines does one need to describe the markets?
Well, if you know about the universal law of Action & Reaction, there's not much to draw.
Keep it simple, but know what you draw and what to expect from.
P!
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AUDUSD Keep pounding - Watch the details!The yellow Fork describes the current most probable path of price. Forks are great, indeed. And adding details to the chart is like seasoning a sauce.
So here we have our ingredients.
See the up-sloping red lines? Know what's their job? Well, they describe the amplitude of the sine-wave within this down-swinging market.
The last one...watch the last one...looks like something disturbs the harmony. Something going on?...change ahead?
We dunno...and we don't have to know!
Why?
Because as a Forker you just follow your set of rules. So is it worthless marking out these details?
Nope!
You really should pay attention to them. Make notes about your observations every time you see something new or interesting. In the long run, this is one edge more you have, a new side-rule for example which can act as a filter, an entry signal or a warning sign.
So, pay attention to these details use these observations as a takeaway from your chart work, even if you don't get a trade right now.
P!
EURGBP - A deeper look on the lower timeframeHere's the chart I've posted about the Short in this pair.
With this chart, I want to give a more in-depth view on the hourly chart, although I only manage my trades in the original chart.
You see the Blocks (orange & red).
These are very often important structures. They have their merit, and we can get useful information from them, supporting our decisions in trading.
The downsloping yellow Fork shows us the most probable path of price.
Now, price reached the CL already.
Then a decent pullback, leaving structure (red Block) on the chart.
After reaching the U-MLH, price got a natural rejection (price is stretched) and then released it's energy to the downside (pink WideRangeBar).
Of course, it must pull-back, just to take out the weak hands, sametime running into the next structure - the red Block.
From here we will see a important decision playing out - Bears vs. Bulls.
Keep in mind that the really important part plays on the higher timeframe. So this is just a more insight into the playground of the madness §8-)
P!