Target for the bull move is the intersection of the 2 upper parallels of the forks a new all time high around 18,400
Looking for longs in the PRZ
Trading is a game of probabilities. Once price closes above the median line of an established fork there is an 80% probability that price will reach the upper parallel, this is based on historical chart analysis over all time frames. The 2 main tools I use to predict price are Fibonacci retracements/extensions and Pitchforks. All other indicators are lagging indicators. therefore there is an 80% ‘chance’ price will hit 18.340.
AB will =CD at about 18.114 also the 1.618 ext. This doesnt mean to say it will definatly hit that number but there is a greater probability that it will than it wont. I tend to target the 1.217 ext as there is, obviously, a higher probability it will hit the 1.217 than the 1.618
Is my thread of any interest or use to anyone? just asking as I haven’t had a single comment if not I will make todays postings the last.
Apart from in post #45, above, you mean? 
I sympathise with you, and am also disappointed by the lack of response.
I suppose it may be that in a forum dedicated primarily to forex, insufficient people are interested in trading the Dow to attract many readers. :15:
Price is now at channel resistance I would expect a lot of stops above this level (I changed colour scheme to make the charts more visible)
Thanks Lexy do you have a thread?
Just spotted your post no45 missed it thanks
No - I trade only futures, now, and am a price-action trader from constant-volume bars (and with limited technological capabilities, as well). I hope yours will attract some more readers! Good luck and good wishes,
Lexy
Thank you my friend
I took this trade earlier based on…er… ‘intuition’ and a good understanding of how price moves. I knew that once the area of the channel resistance was taken out (as I mentioned earlier) we should get a decent move to the upside. I didnt post it as it isnt based on fib or fork or ABCD and if your a beginner you should only take trades in strict accordance with your plan. Intuition is very important though, it comes naturally with experience. The move now is a classic low volume ‘melt-up’ not much in the way of retracements and as such a fairly low risk trade
I have no limit Im just trailing it
Looking for longs in the PRZ
Stopped and glad to be out, done for week. Difficult week VIX is high post Brexit
Due to lack of interest I’m abandoning the thread good luck