Andrew's Pitchfork
Trading Rules
I believe that Alan Andrew's discovery of the Pitchfork technique is not yet
understood by most people who play in the markets. It is truly revolutionary as
the
movements of any tradable item are governed by Newton's 3rd Law of Physics &
are therefore able to be forecast with a very high degree of success.
Mr.
Andrews made many $Millions using this technique.
This is a basic summary of Andrew's Pitchfork Trading Rules:
 A Pitchfork is composed of three lines, a center Median Line, ML, with
two
parallel equidistant trend lines on both sides of it. The ML is
inherent energy
of the stock price that shows where the price is headed.
Regression analysis adds immensely to finding the direction.
 A stock price & its chart is a living thing that follows Newton's 3rd
Law of
Physics: For every action, there is an equal and opposite
reaction.
 80% of the time, price
reaches the Median line (ML) when a pitchfork is
working.
 When price reaches the median line, it can "zoom" through it, bounce off
it or
go back down.
 Prices should reach the median line on a regular basis during an
uptrend.
Failure to reach this line shows underlying weakness that could
foreshadow a trend reversal.
 Also, failure to reach the upper or lower lines indicates weakness
or strength
price and must be watched closely.
 When price goes beyond the upper or lower lines,
a new trend may be
commencing.
 A pitchfork can be extended with parallel lines into infinity because
once
a pitch fork exists, it generates energy that repeats. Unfortunately,
current
price action can be confounded by a pitchfork's energy from the
distant past
that you did not know existed or manipulation typically by "deep
pockets."
