Forks, Price and Three Minute Charts

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This thread will try and "systematize" buying and selling utilizing a mixture of worth motion (아빠) and median traces or Andrew's Pitchforks (we'll discuss with them as forks for brief).

왜 3 minute charts? Sure they're quick however they provide the chance to amass understanding of how worth strikes and how forks can assist in a single's buying and selling plan in a comparatively quick time. In different phrases your buying and selling thought will play out fairly rapidly as in comparison with ready for a H4 or each day chart for days and weeks.

I consider PA comes first. PA identifies the patrons and the sellers and finally the place to purchase and promote. Forks assist describe the PA and in addition they assist with targets however they aren't used to sign trades...not less than on this thread.

In order a basic system the sequence of study will happen as follows:
1. Determine which method worth is swinging.
2. Determine patrons and sellers
3. Apply fork.

I begin with a zoomed in chart so I can concentrate on present worth motion and not fear about what's going on to the left not less than initially. I mark the patrons and sellers as proven. I do not make any judgements about what worth has finished. To this point simply observing.

That is Fridays' shut. So we'll se what occurs.

연결 사진 (확대하려면 클릭)
Sorry the chart is a bit messy. For the reason that open worth has washed and rinsed to the upside a few occasions and breaking by way of patrons is now began to swing to the draw back. I've put in a down-sloping modified Schiff fork.
I will clear this up a bit however the texts are makes an attempt to establish necessary PA and what occurs as worth interacts with earlier PA.
연결 사진 (확대하려면 클릭)
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우리는 경험이 풍부한 Forex 트레이더 팀입니다. [2000-2023] 우리 자신의 조건에 따라 삶을 살기 위해 헌신하는 사람들. 우리의 주요 목표는 재정적 독립과 자유를 얻는 것입니다., 우리는 자기 교육을 추구하고 Forex 시장에서 자립 가능한 라이프 스타일을 달성하기 위한 수단으로 광범위한 경험을 얻었습니다..