Beginner and Intermediate Level
Volume 1 is focussing on developing the basic knowledge of the pitchfork analysis through the market dynamics and the morphology of the pitchfork (market kinetics and study of pitchfork’s structure: definition, form, inflexion, derivation and compounding).
No prior knowledge of trading is required.
- Introduction & Disclaimer
- Chapter 1 - Birth of Pivots
- Basement of pitchfork construction
- Chapter 2 - Pivot Choice Criteria
- Optimal market description
- Chapter 3 - Magnet Power of Median Line (ML)
- Dual role - price attractor and market axis
- Chapter 4 - Mini-Median Line (mml)
- Border, inside, steep and twin pivot formations - fractals of a fractal
- Chapter 5 - Warning Lines (WL)
- Ergonomic tool for trading volatile markets
- Chapter 6 - Trigger Lines (TL)
- Dual role - trade unlatched potential and strong market levels
- Chapter 7 - Sliding Parallel Lines (SH or PH)
- Hidden parallel lines
- Chapter 8 - Un-Orthodox Trend Lines
- Stealthy trend lines
- Chapter 9 - Minor and Major Pitchforks
- Integration among pitchforks - fractal within fractal
- Chapter 10 - Schiff Pitchfork Method - construction, market integration and dynamics
- Missing link - efficient substitute when the traditional pitchfork cannot be drawn
- Chapter 11 - Action/Reaction (A&R) Lines
- Construction, synergy, conversion into pitchforks and their dynamics
- Chapter 12 - Gap Median Line
- Neglected though efficient tool
- Chapter 13 - Breakaway and Runaway Gap Median Lines
- Unveiling the potential of big market movements
- Chapter 14 - Fibonacci Price Lines
- Support/resistance (S/R) makers
- Chapter 15 - Confluences
- Cardinal tool revealing intersecting hidden levels
- Chapter 16 - Mirror bars
- Reversal, stop loss and trail key levels
- Chapter 17 - Energy Building Rectangles
- Exhaustion and rebuilding energy areas
- Chapter 18 - Pitchforks’ Journey through the Multiple Time Frames
- Hardly known pitchfork time translations
- Chapter 19 - Case studies & Money Management
- Complete case description, three pawn rule and strict money management follow-up
- Appendix n° 1 – Historical Basis
- Appendix n° 2 – 80/20 Percent Rule
- Appendix n° 3 – Contents Volume 2
- Appendix n° 4 – Multiple Time Frames – Analogy Study Satellite Multi-Altitude Level Snapshots
- Appendix n° 5 – Published articles by Author
The morphology of the pitchfork reveals a true relation between price and time, in both trending or sideways markets.
Multiple pitchforks set-up is one of the indispensables elements, which senses the abrupt change of the trending market
The price faithfully describes the down-sloping market through the channel formed by the internal median line and the upper median line in the search for the path of the least resistance!
The market outburst with a high steamed momentum, is best described by a pitchfork having the anchor at the high, the middle or the low of a gap. The anchor is on this chart at the high gap pivot.
The choice of the Schiff median line is very useful when the projected pitchfork faces a "vis-á-vis" swing, especially after a reversal, followed by a breakaway gap.
Most of the traders don't think of observing "what doesn't happen" on the chart. The concept of running out of steam gives the trader a serious edge to reveal the up-sloping or down-sloping failures, especially in topping or bottoming markets. They are the basement of many low-risk high-probability trades.
Some of Action / Reaction line set-ups bring the question of integrating a pitchfork with a suspended pivot (P2 in our case). Only one thing counts ... get the best market description!
The pitchfork perfectly integrates in the multiple pitchforks set-up, to pinpoint a possible reversal, or the termination of the current swing.
The sideways market, which represents around 70% of the trading time is very well put to profit with the association of the horizontal trend line support-resistance and the usual multiple pitchforks set-up.
These Excel Spreadsheet is reserved to our book Readers and can be freely obtained as executable file.