Integrated Pitchfork Analysis is a coursebook focusing on the branch of Technical Analysis which uses the Andrews’ pitchfork trading technique.
The process begins with the underlying theory (basic and intermediate knowledge) and then, step by step, the practical aspects about the low-risk high-probability trade from its inception until its termination are covered. The emphasis is on the trade’s management and money management. No prior knowledge of trading is required.
Integrated Pitchfork Analysis is divided into two parts. Volume I focuses on developing the basic knowledge of the pitchfork’s morphology (study and description of a defined structure: definition, form, inflexion, derivation, and compounding) and its dynamic principles. It is indispensable to have this knowledge before using the more advanced concepts.
Volumes II and III (in preparation) will focus on developing the multiple integrative methods that will greatly improve the chances of the trader being consistently successful.
Any professional trader will freely admit that it is vital to master just one main technique at a time. Once the learning process is accomplished, he can then apply his own rules and perceptions to help him become a trading force. Because each trader behaves slightly differently, he will use different methods to make decisions about entering a trade, exiting, stop losses, trail stops or projecting profit targets.
Integrated Pitchfork Analysis: Volume 1 is focussing on developing the basic knowledge of the pitchfork analysis through the market dynamics and the morphology of the pitchfork (market kinetics and study of pitchfork’s structure: definition, form, inflexion, derivation and compounding). No prior knowledge of trading is required.
Advanced Level 2: Volume 2 describes the multiple integrated methods on basic and intermediate levels, which will greatly improve the practice of pitchfork trading, thus giving the astute trader the edge of profitable consistency. As a result, he/she will continuously be a step ahead of the crowd.
Advanced Level 3: Volume 3 presents the intermediate and advanced methods guided by epistemologyprinciples: the presentation of the knowledge in a modular manner associated with the practice of it, through the analysis of real-time cases with greater emphasis on Risk and Money Management concepts.