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Market Geometry

  #22 (permalink)

Yorktown, VA
Trading Experience: Intermediate
Platform: Motivewave, Zanner, TView
Broker/Data: DeCarley
Favorite Futures: Currency
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Posts: 402 since May 2017
Thanks: 197 given, 640 received

If you read Andrews work, price can do three things at a fork. One of them is for price to blow through. In that case, most of the time price pulls-back to that level.

In their classes, they teach allot of patience. If your looking for a trade, then you need to step back. Let the market show you what's happening and the trade will come.

The patience has really helped my trading. The forks just help me look at direction or zones to give me better entry based on other market structure observations. Its just a technique to add clarity to a chart that may look chaotic.

They also focus on wide range bars allot. As they show a footprint where very large buying or selling took place. Price often comes back to the root of those bars source at a later date. Many times it lines up with a fork level making a Pivot for a higher reward trade entry.

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