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I think your question about whether or not it gives an edge is a good one, but can't that question be asked about any method and depending on who you are asking, the answer might be different.
rabbit
Southport, Queensland, Austral
Posts: 2 since Aug 2010
Thanks Given: 0
Thanks Received: 0
I like Median lines and pitchforks to give me an idea as to the trend in particular.
Thanks Rabbit
So David, what are you thinking? Did you get in on Market Geometry's free webinar today?
TF didn't move too much today. Mostly stayed within the trading range. There was one nice corner trade with good followthrough. My double oscillators were also in alignment forming a nice area of confluence.
I don't know the answer to the question. I have not used it before and had not seen any discussion about it on the forum. That is why I initially started the thread.
David_R
San Jose, Ca
Legendary Market Wizard
Experience: Beginner
Platform: Ninja
Broker: AMP/CQG
Trading: Something moving
Posts: 1,582 since Nov 2009
Thanks Given: 2,335
Thanks Received: 2,526
Mahlon,
No, I didn't get in on the webinar. I will have to give it a try at some time in the future. It isn't my intention to add the fork to my trading, but I was curious if others are using or have used it. From what I have read it seems like it could be of value, but not sure its something I need to include. The 80% success rate of the mid-line being hit is interesting because I think it can help to add a reason to hold on to winners.