Discussion on " Andrew's Pitchfork Indicator" in trading market...

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    Discussion on " Andrew's Pitchfork Indicator" in trading market...
    INTRODUCTION:

    Asalam o Alaikum dear Forex members kesy hn ap sab log umeed ha k ap sb thk hon gy r forex trading me acha km kr rhy hon gy.. dear members agr ap forex trading me kmyabi hasil krna chahty hn to apko trading k related apna knowledge ko increase krna Hoga ta KY JB ap analysis kr k trading kren to apko acha profit hasil ho r ap successful trader bn saky. To dear members jesy k ap jnty hn k forex indicator ka km kys hota ha indicator ek signals generate krta ha to main apky sth ek important indicator discuss kru ga.. jo k Andrew Pitchfork Indicator ha..

    ANDREW'S PITCHFORK INDICATOR:

    Dear dear members forex market me Andrew Pitchfork Indicator ek technical tool ha. Jo trend ka continuation r reversal malom krny k ly use kia jta ha. Ye three parallel trend lines pr mushtamill hota ha. Jo support r resistance pr breakouts and breakdown k possible turning level ka btsti ha. Is me three points last trend k end me lgaye jty hn. Isky bad first point pr ek line lgai jti ha. Jo second r third point k mid tk jti ha.

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    UNDERSTANDING OF INDICATOR:

    Dear members forex market me is indicator ko Alan Andrew NY develop kia that. Is me three points pr lines lgai jti hn. Jo k confirm trend k lows r high pr lgai jti hn. R ye three consecutive peaks and lows pr lgye jty hn. Jo k first point k upper r lower k centre tk jti ha. Isky bad upper and lower trend lines k median line k parallel drew kiye jty hn. Is indicator me upper r lower trend lines Tigger lines kehlati hn..

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    SUPPORT & RESISTANCE RANGE FOR BREAKOUT & BREAKDOWN:

    Dear members forex market me support and resistance areas ko pehly se hi humy clearly identify krna chaheye. R usky bad hi by trend lines and median lines k mutabiq trading me entry hona chaheye. JB k ism e upper trend line ki break ko breakout r lower trend line ki breaking ko breakdown se consider kia jta ha. Breakout and breakdown ko clearly identify krny k ly humy OBV indicator ko use krna chaheye..

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    HOW TO TRADE WITH ANDREW'S PITCHFORK:

    Dear Forex market me Andrew's Pitchfork tool ki help se bht sari trading strategies ko develop kia ja skta ha. Is strategy ko use krny me bht c probabilities ho skti hn. Market ki price latest median line pr pohnch skti ha.r secondly price median line pr pohnch y se pehly hi reverse ho skti ha. Thirdly price median line ko Cross kr k bullback kr skti ha. JB prices median line pe pohnch y se pehly hi reverse ho jti ha to is bt ki confirmation hoti ha k market opposite side pe move krny wli ha.median line se price reverse b ho skti ha...

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    LIMITATIONS OF THE INDICATOR:

    Dear members forex market me Andrew's Pitchfork Indicator se true signals and trading help leny k daromadar three points ki making pr ha. J's k ly most important ha skills and experience. Is liye is indicator ki practice bht zaruri ha tbhi hum isko sekhskty hn otherwise is indicator ko smjhna bht tuff ha..

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