Replies to post #5486 on Wyckoff volume benchmarking / market profile bt a

[jxyzobrien]

hello fran
draw channels from highs to low then anchor your center line
then match up the fork. if the fork is narrow the fork will be drawn
by the 2nd high and will change. Use RSI to help mark end or
beginning.


i am going to post like 5-7 times on this board with charts
(only this board). so they can be easily read and used.

draw up fork and down one. again use channels and manually draw in
the center line till you become comfortable

here is andrews pdf. he does wide forks i do not. i want my fork to
encapsulate price and price should return to the center line
at least once. (andrews says 80% of the time price should be in
the middle or close to it)
post forks when you can and you will improve. sometimes your forks
will be better then think.

http://www.scotsman.china8.org/Trading%20with%20The%20Pitchfork-No%20Password.pdf