All charts/comments strictly for information and educational purposes only. Suitability, specific circumstances not taken into account. Comments/posts are idea generation only, do your own due diligence.
At PitchforkPlayground.com we frame the financial markets using Andrews Pitchforks and Fibonacci techniques. We focus on Silver, Gold, E-Minis, Currencies and Bonds with occasional looks at other markets. - See more at: http://pitchforkplayground.com
Ideas posted are not a recommendation to buy or sell. Indices don't care about my targets/ideas. Swings: from days to weeks (options), no initial SL. Unprofessional, Amateur. EoD/BoD: End of day, Beginning of day + trailing SL
I am a self made day-trader/swing trader who started with only $2,000. After making a small fortune playing penny stock pump and dumps I now trade options exclusively...Circling the waters...Waiting.....
DIRECTION?NO IDEA, BUT from WHERE & WHEN it starts:
-close the position.
- reopen the position:
BUY (far) ABOVE the VALUE
SELL (far) BELOW the injurious VALUE.
The lifetime of the level is up to severall days.
Trend Trading with Multiple Time Frames. ((Price)) is the True indicator, VWAP, MACD, Volume and TA can always help. Charts are good to set Targets, But ((Price)) only pays. So be flexible that charts can change patterns.