Hey guys now i wathing my trade and maybe i will post some chart so you know what the heck im talking about pitchfork. here is the example of a nice trade i took last nite and another trade i just got fill and it is positive now. The point i want to tell you using pitchfork it is a leading indicator and my mentor usually said you always have a small stop. I really love it. i been using fork for 2 years now in 3 years of trading experience, but u guys know what i make hell lot of money using price action and pitchfork. Ok enough of damn thoery buy the way im 19 years old now. so still really young in this carreer. Ok here is the AUD. i took a trade last nite because of this. the first trade i took is my mentor called conner trade. price came down got a nice seperation ( rejection) then im like hu lets me put a fork in, price came down touch it and close like a half way. then im like hu small stop ? i wait another bar price still close above the fork. the 4 bar i came in market with market order. stop 5 ticks below the low. total stop lost is 12 ticks (it nothing for me) so i took it all the way to median line. Here is the chart take a look.
