The Edge Of The Fork - The Joker In Your PocketWOW!
\ \ First of all, I want to say THANK YOU for all the boosts, follows, and comments. You guys & gals give me the energy to continue this journey with you.\ \
Today, I want to show you that what we’ve learned with horizontal lines can also be applied to "Medianlines," or Forks.
Listen, I don’t want you to blow your brain with all the rules.
Not at the beginning of this journey, and not later on either.
Don’t ask yourself:
* when to use which Fork
* which swing to measure
* when to trade
* where to set your stop
* what if... bla bla bla
That’s not fun — that’s stress.
I don’t like stress — nobody does.
So let’s just chill and have fun here.
That’s my personal reason for doing all this Trading thing. I want to have fun — the money will take care of itself, just like the destination of a trail takes care of itself, as long as I keep putting one foot in front of the other. And that’s simple, right?
So let’s do it exactly the same way.
Just simple steps, connecting some dots, and BAM! — You’re there before you even know it §8-)
\ Let’s jump to the chart:\
Today, you’ll find out why Medianlines/Forks are a cousin of the horizontal Channel — but NOT the same.
Where are they different?
Forks are different because they’re capable of projecting the most probable path of price. And that’s a HUGE difference.
Yes, you can apply the full rule set of Forks to a horizontal Channel.
But the Channel CANNOT project the most probable path of price.
I hear you, I hear you: "No one and nothing can foresee the future. How is it even possible that Forks can?"
\ Here’s why:\
There’s a thing called "Statistical Importance." And it means that if something happens very often in the same way, we have a higher chance of seeing the same behavior again in the future.
And that’s what the inventor, Allan Andrews, discovered — and he created the rules around his findings.
\ A high probability that price will move in the direction of the projected path, as long as it stays within the boundaries of the Medianlines/Fork.\
That’s the whole "magic" behind Medianlines/Forks.
And the same applies to the "Behavior of Price" within and around Medianlines. That’s really all there is to it.
Look at the chart and compare the Channel and the Fork:
1. Price reaches the Centerline about 80% of the time
2. HAGOPIAN → price goes farther in the opposite direction than where it came from
3. HAGOPIAN’s rule fulfilled
4. Price reaches the Centerline again
5. Price reaches the other extreme
6. Price reaches the Centerline about 80% of the time
You’ll see the same behavior inside the Fork!
That’s beautiful, isn’t it? §8-)
And here’s a little Joker in your pocket — if you know the difference between the Channel and the Forks!
Do you know what it is?
Yep! You’d automatically know the direction to trade — giving you another 10% edge right out of the box — LONG TRADES ONLY. Because the Fork projects the most probable path of price to the upside, not down.
That's all folks §8-)
Like this lesson?
With a simple boost and/or a little comment, you load my Battery so I can continue my next step on the trail with you.
Thank you for spending your time with me §8-)
