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Intraday Trading Possible With New Andrews Pitchfork Indicator

|Includes:VelocityShares Daily 2x VIX Short-Term ETN (TVIX)

Over at andrewspitchfork.com there has been lots of discussion about the new Andrews Pitchfork Indicator. Every day those traders that are in the Precisiontrader yahoo group get to know when the updates are posted.

For several weeks the indicator has been live and the results have been awesome. Now the next step..........what about Intraday Trading? The answer is .......so far it looks very very promising when used in conjunction with a trend line. But best of all there is now a power move (subset) version of the new Andrews Pitchfork indicator.

(click to enlarge)Click to enlarge

Time will tell

Disclosure: I am long TVIX.

Stocks: TVIX