CHARTS

Volume 1 - Charts Excerpts from the Course "Integrated Pitchfork Analysis"

Figure 4

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.

Figure 5

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.

Figure 6

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.

Author

Dr. Mircea Dologa

Dr. Mircea Dologa

MD, CTA

"Our teaching has a single purpose...
let everybody who is naturally endowed with ambition, mind acuity, perseverance and desire to learn, to be part of our sharing experience!
It is the only way we know to accompany the trader from the starting blocks to the high territories of the green grass plateaus...!"

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