ANDREW'S PITCHFORK
BASIC TRADING GUIDE
FOR TRADER
by Shah Mohammad - XIG Markets Analyst
shah.mohammad@xigmarkets.com
Andrew's Pitchfork's Rules
Before and during trading always remember:
1. The probability of price movement
towards the median line is high.
2. When reaching the median line,
the price movements will reverse
or exceed the median line
and continue the movement.
3. After passing the median line,
the price will retrace and retests
the median line then continue the movement.
4. The price movements will usually be reversed
at any median or the lower parallel and upper parallel line.
Reference:
Bahasa Melayu
www.mydagangan.com/b...ik-andrews-pitchfork
English
www.investopedia.com...andrewspitchfork.asp
BASIC TRADING GUIDE
FOR TRADER
by Shah Mohammad - XIG Markets Analyst
shah.mohammad@xigmarkets.com
Andrew's Pitchfork's Rules
Before and during trading always remember:
1. The probability of price movement
towards the median line is high.
2. When reaching the median line,
the price movements will reverse
or exceed the median line
and continue the movement.
3. After passing the median line,
the price will retrace and retests
the median line then continue the movement.
4. The price movements will usually be reversed
at any median or the lower parallel and upper parallel line.
Reference:
Bahasa Melayu
www.mydagangan.com/b...ik-andrews-pitchfork
English
www.investopedia.com...andrewspitchfork.asp