TRADING WITH THE PITCHFORK: AN

ADVANCED COMPANION TO THE

PITCHFORK PRIMER COURSE

“Trading with The Pitchfork” offers traders time-tested

strategies for trading stocks and futures using the median line
technique, commonly known as “The Andrews Pitchfork.” The
strategies in the manual are based on techniques taught to me by
Dr. Alan H. Andrews, the author and teacher of a trading course
he named “Case Studies for Investors.” In that course, he
presented several trading methods that he termed
“Action/Reaction Techniques,” one of which was his now well-
known “Andrews Pitchfork.” I completed Dr. Andrews’ course
in the early1980’s, and also attended several trading seminars
that he hosted for his course members.
Pitchfork Primer course members have often asked if I had ever considered teaching
my personal pitchfork trading strategies — strategies that have been profitable for me
year in and year out. Because of that interest, I started work in 2004 on a manual that
I’ve named “Trading with The Pitchfork.” I finished writing it in late 2006, and
published shortly after that.

A note about the strategies; designed specifically for use with Dr. Andrews’
Pitchfork, the strategies are not meant to take the place of his complete
action/reaction trading course. Those who have taken that course, either from Dr.
Andrews himself, or from me, will find themselves on familiar ground as they study
the trading strategies presented in this manual. That’s because the strategies are
soundly based on the action/reaction concept Dr. Andrews taught for analyzing stock
and commodity prices. This trading manual could be considered an advanced
pitchfork trading course, if you will.

Dr. Andrews wrote that his research showed prices will reach a median line
approximately 80% of the time, after which they tend to reverse. He added that
sometimes, instead of reversing after reaching the median line, prices will trade back
and forth along either side of it in a congestion pattern. The chart below illustrates
that.
The above scenario is just one of several situations that the strategies in “Trading
with The Pitchfork” are designed to handle. It should be noted that several
preliminary studies are required before the trade setup in this scenario becomes
finalized. You’ll learn how to configure those, and other studies when you read the
manual.

After you gain a working knowledge of the strategies, you’ll be surprised at how
quickly you’ll be able to spot the various trade setups as they emerge on your own
workcharts – potential trades that are waiting for you to apply the strategies you’ll
learn in this manual.