Learning to read Price Action with P&F Charting

a fake

 

dax 15 min over the last week
qe looks to be coming
care with shorts

 

BABA 60 min

 

gettin ready for a pop or a drop

 

Spx 60 min
do we bounce from that horizontal support ??

 

audusd 2 hour data

 

looks bullish if supp holds
gbpusd 30 min data

 

eurusd 60 min
risk is off until we break that trend
at this point the trend test lies in 1.2100 area
we could recoil from oversold or bad nfp/fomc minutes
we can then adjust the parameters to see where we lie

 

http://pointandfigurealerts.com/

Someone has automated pnf signals.

 

How do you decide what box size and reversal method for different markets?