Sskim for me with regards to deciding the right anchor point for...

  1. 741 Posts.
    Sskim for me with regards to deciding the right anchor point for the median line. I will look for price action to appear to notice this line. For instance there could be numerous touches on this line or gaps either side of it. Thats why I like to use programs where I can move the anchor point around to see how this corresponds with the price action. It takes alot of practice but after awhile they start to jump out at you before you even apply them to the charts. Watch as few of the free Monday sessions on Tim Morge's website http://www.marketgeometry.com/
    He is best in the business at using pitchforks in my opinion and just watching him play around with charts will go along way to understanding how to apply them to charts.
 
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