**weekend charting 4/5 september**, page-21

  1. 2,829 Posts.
    falling knife,
    have no fear, I was just moving around again.

    Just arrived at the (expensive) new hotel, with internet that actually works. I was about to initiate a short on the DAX last night after it peaked post NFP, when the internet connection just failed! Glad I had not just entered the position.

    anyway, I can only tell you what makes sense to me. Basically if a fork or an ancillary line tells part of the story I want to have told, I leave it on the chart. If it does not add anything to the story, I take it off. If some annotation tends to confuse the issue more than clarify it, I tend to try to put it on a separate chart and change time frames or zoom the second chart, or something like that.

    I also study the charts from Booma and Ten quite closely because I like the minimalist style they both seem to have a good handle on.

    I am also none too shy about drawing in other features such as wedges, and particularly trading ranges when working with shorter time frames. As soon as the trading range is breached, I draw a fork from the high and low points and trade it. That tip, believe it or not, is a jem.

    One more thing, with forks I go to considerable effort to try to make sense of things using the extremes of price. As I understand it, that is what Andrews did, and it seems to work for me.

    and if a Schiff or "modified schiff" shows a retest pattern, dont be afraid to use it. I dont do it enough with the HC posts because I am only trying to show simple patterns, and even then a quite a lot of people apparently think my explanations can be quite complex, which is fair enough because they mostly have not looked at the number of charts I have

    This might be of use to you.
    Andrews original course notes

    T91
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.