Price is reaching the Centerline over 80% of time.
This is [url=www.forktrading.com]Rule Nr. 1 of the whole ruleset of the Forks.
After reaching the centerline, price fell back to its lower extreme, even a litt bit more to the sliding-parallel.
This happened three times now, and once more we see this market at the lower extreme of it's swinging amplitude.
What questions does a Trader ask here?
Shall I go long?...
Or, better go short?...
How much could I make - where should be my target?
Should I even consider a Trade - where would be my stop?
As a "Forker" you know exactly what to do and don't need to pull out your hair with all the noise and questions running through your brain.
Because you have
a) a set of simple and powerful rules
b) a method to find the high probability trades
So, how am I gonna approach this situation?
1. There's a rule that tell me to hit the Short-Button if XYZ happens
>>> If long, then go for the Centerline (80% potential target!)
2. There's a rule that tell me to hit the Long-Button ZYX happens
>>> If short, then go for the Centerline (80% potential target!)
Well...I'm not Tom Cruise in Mission Impossible. So I don't search for the hardest Trades.
I am more like Garfield, letting the good things come to me ;-)
If you like to let the good things come to you too, then here is your Free ForkTrading BLUEPRINT!
Subscribe To Free "Spaghetti" & The Complete ForkTrading BLUEPRINT: