Believe it or not, he found similarities in Newton’s work related to gravity and gave birth to revolutionary trading concepts. It is then when Roger Babson understood the gravity concept that governs our lives.
Pitchfork trading has its roots over a century ago, in the late 1880’s. Basically, two parallel channels that follow the price. Perhaps traders misinterpret the importance of Pitchfork strategies because of the tool’s appearance: three parallel lines. While an old concept, trading with Andrews Pitchfork has a substantial impact in today’s financial markets too. Moreover, Pitchfork trading strategies have a mystique aura as few traders understand the use of the tool.īefore understanding the Pitchfork trading strategies, one needs to get familiar with the tool.
Pitchfork Trading Strategies of the trading tools most overlooked by Forex traders, Andrews’ Pitchfork is part of every trading platform.