Andrews Pitchfork and Median Lines

[krishere]

A link to webinar "Learn to use Median Line and Pitchfork trading techniques " By Timothy Morge...Will give you a clear introduction to this method and its principle concepts

https://connectpro58377496.adobeconn...launcher=false

[krishere]

I am pretty much... very much new @ pitch fork but they way price has acted @ d median line(lt.blue circle)...... the next support and Lower-median-Parallel line suggests 5220 is possible.... but as ST & RA say if the trend is too strong the price would consolidate horizontally..... I somehow believe a little consilidation then a good upmove will be there to shake out any further bears and thats when the markets will plunge..... but then view is nothing... also coz right now im not into any positions....

[SuperTrader]

Krish consolidation is always required. But, I feel currently markets are not in that frame of mind. I still expect relentless one sided move to continue. The moment we move sideways for 3-4 days, I'll start to look at pitchfork for further indications. Also, Wolfe has posted 2 charts in his thread, those charts just capture the essence of what the screen is indicating now.

[HawaiSanjay]

Earlier I have posted one chart using pitchfork
Nifty Analysis

[Aditya]

Yup I saw the charts by you Sanjay bhai. Yuo follow pitchfork on regular basis?

[krishere]

Alright taken the plunge.... short @ 5413... Stops @ 5460...........