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This is a journal exploring volume analysis and pitchfork trading together. I haven't seen others doing this yet, although they complement each other very well.
Long EU @ 1.1162, Lvt in a demand zone and @ ML. Entered a bit late, 2 to 3 ticks shy of a good entry.
Hieronymus
Elkhorn, WI USA
Posts: 19 since Sep 2015
Thanks Given: 1
Thanks Received: 9
I incorporate S & D in with volume analysis. I don't use any type of modified pitchfork. I don't analyze via Tradeguider VSA.
Hieronymus
Elkhorn, WI USA
Posts: 19 since Sep 2015
Thanks Given: 1
Thanks Received: 9
Out of EU +2. Lvt / UT reversal @ ML and MLH and back to DZ. Just a possible shakeout and going back up, we'll see.
Hieronymus
Elkhorn, WI USA
Posts: 19 since Sep 2015
Thanks Given: 1
Thanks Received: 9
Hieronymus
Elkhorn, WI USA
Posts: 19 since Sep 2015
Thanks Given: 1
Thanks Received: 9
Long @ 1.1161, tight stop, +5 so far.
Edit: Out +1. 13 tick range bound fork potentially. A rather weak day to try and trade obviously.
Hieronymus
Elkhorn, WI USA
Posts: 19 since Sep 2015
Thanks Given: 1
Thanks Received: 9
A potential 5m Lvt has printed, after a reversal hammer on UHV, slightly interesting but in a rather vague spot.
Other thoughts,
Edit: Long was taken on that 5m Lvt, not expecting much.
Exit for 4 @ MLH touch.