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Trading Methods
Comment to Weissdawg,
I really like your comment on page 104. I personally don't really trade using EW. Like anything else, it's just another tool. If it supports my trade using my main method I will just increase my risk.
I've been trading with many methods and like yourself I find Pitchforks and channels to be the most useful. In addition to this, I find using geometric methods and geometric fibs very useful. I.E. Wolfe waves, and all of the patterns that Larry Pesavento defined.
I can post the chart if necessary, but the exact bottom of the euro to about 5 pips, was an ab=cd on the 4 hour chart. That's why I really like these patterns... It gives you a great way to manage risk. Like marketwavez says, trading isn't about being right all the time, it's just about managing risk and being consistent in the approach...
P.S. If you haven't already, read "Best Trendline Methods of Alan Andrews" by Patrick Mikula. It's the best book on forks I've read. Anything by Tim Morge is worth a read, especially when he talks about energy points.
Cheers.
Kos
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