In earlier centuries, the crowd would had thrown me on a stake if I where to out myself as a "Fork" Evangelist §8-)
The Chart:
You can see clearly, that price respects the lines of the Fork.
For those of you who already attended my free ForkTrading BLUEPRINT, you guys & gals know what I'm talking about.
I expect a retest of the L-MLH, if not a crack.
The red line, is where I sold Put Options many days ago. I sold them there for a huge credit, because I knew where to expect a pause of price (at the WL1), if a sharp down move steer in my face, which it did.
However, this is exactly the reason why I am able to trade with 100% confidence and why I am able to put these high probability trades on, even it looks scary.
The Andrews Pitchfork, the Model of Action/Reaction and solid risk management give me the freedom in Trading that I always needed many years ago.
We will find out how the story will go on...
P!
The Chart:
You can see clearly, that price respects the lines of the Fork.
For those of you who already attended my free ForkTrading BLUEPRINT, you guys & gals know what I'm talking about.
I expect a retest of the L-MLH, if not a crack.
The red line, is where I sold Put Options many days ago. I sold them there for a huge credit, because I knew where to expect a pause of price (at the WL1), if a sharp down move steer in my face, which it did.
However, this is exactly the reason why I am able to trade with 100% confidence and why I am able to put these high probability trades on, even it looks scary.
The Andrews Pitchfork, the Model of Action/Reaction and solid risk management give me the freedom in Trading that I always needed many years ago.
We will find out how the story will go on...
P!
Note
There it runs.Keep in mind that a potential pullback to the L-MLH, prior reaching the CL is absolutely possible and would be natural.
P!
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
- Lean on facts, not on hope.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
- Trade with an 80% edge.
- Follow the rules and the rest will come.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.