XLD 1.09% 1,636.5 s&p/asx 200 2 x daily leverage index

S&D, S&R, Trends, Fork's and Turnarounds, page-206

  1. 4,136 Posts.
    You're too kind Toastie. Still not at the point where I am confident enough to use them for trades all the time. A lot of the time, the forks are drawn in hindsight. However on a few stocks now that I have been monitoring for months, I try and predict the action based on the fork setup with better than random success. FAR is the most recent example where I made 1 pip minus brokerage on a small DT on the first of the white shaded support ellipses. Backing it with ST money is the next step but until then it is draw, draw and draw again.
    Last edited by DrFork: 04/06/16
 
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