Braathen wrote:MightyOne wrote:Braathen wrote:so both those lines are drawn as medians?
If we are talking about the angles, the cone lines can be the high, low, or middle of a pitchfork; but you don't always need that much information, here we can see what is high and what is low by simply looking at the cone.
Yes i mean the angles
Like this where i built the pitchforks at the extreme and then traded them. I like the way you say its like an 8overbought/sold indicator
The thick lines are the "cone".
Ill be looking into the eights. Looks interresting.
And thanks for the heads up on gold
Anyone notice a theme of the profitable traders on this site. They listen to those who know something they dont. They study and learn what they are told. And they learn by doing over and over again until they are profitable. Look at dragon, espip, jala, capt p., tro, braathen, MO (sorry if I didnt mention you, those just popped in my head).
All those traders trade differently. All are profitable. All have put considerable amount of time into learning/mastering what they do. Losing traders share the same qualities. Excuses and a belief they know better then those who win and a unwillingness to change.