Auto Andrews Pitchfork

The speaker discusses one of the key technical indicators that he uses to trade, the auto Andrews Pitchfork.  He uses Tradepilot software which automatically inserts the Andrews pitchfork when a specific pattern appears.  He uses the andrews pitchfork to determine support and resistance levels in the chart.

The setup that the trader reviews is in the futures market and the speaker suggests that the trade is very short in time frame.  He talks about entering the trade and then how he slowly starts to peel some of his positions off. 

He mentions that it is very important to understand how to interpret volume and understand that the market tends to gravitate towards regions with very heavy volume.