Began exploring Fx a couple of months ago. Iíve been using a little known, or little used indicator called Andrewís Pitch Fork, or median lines. Itís a leading indicator, not unlike a trend line. Other than this, I just draw a few lines here and there, trend lines, support and resistance, channels etc. My approach is pretty simple.
Median Lines seem to show some promise, so Iíd like to see if this thread can turn into some constructive discussion.
Also, I wont be making any claims regarding my own personal trading, I want to keep the focus on the method and ďpotentialĒ trade set-ups as the unfold.
Right now Iím watching this short trade (circled), but I donít like that ĎVí shape, may push price up and against the short.
short 0.8280, stop 0.8285, exit target 0.8255