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Market Geometry Institute

  #7 (permalink)

las vegas
 
Trading Experience: Intermediate
Platform: Sierra Chart
Broker/Data: Velocity/IB
Favorite Futures: 6E
 
Posts: 1,147 since Feb 2010
Thanks: 304 given, 837 received

There is another thread on the pitchfork here. I've been studying and practicing using it for entries in sim, but really haven't had much luck so far. I keep trying to predict the swing points, instead of identifying them, which just doesn't work. But I have been using it for setting profit targets. It seems especially useful in ranging markets when shooting for the moon is not practical or you aren't really sure what the best target is. This morning it kept me in a trade longer, when before I would have dumped out earlier at the pivot/ema20. I need more experience to better analyze it, but so far it seems to be improving my stats.

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