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    Forums ›› Technically Speaking ›› Strategy (System) Design ›› Learning to read Price Action with P&F Charting  


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dentist007
 

Registered: Apr 2004
Posts: 909

 

02-01-12 01:40 PM

eurusd...this morning"s price action
60 minute data
support came in at the previous breakout point
now in congestion area

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SGalyo
 

Registered: Jan 2012
Posts: 5

 

02-03-12 07:03 AM


Quote from dentist007:

eurusd...this morning"s price action
60 minute data
support came in at the previous breakout point
now in congestion area




Hello Dentist,

I'm really impressed by these Point&Figure charts - are these updating in real time? Do these charts work for forex trading and what has been your experience?
Thanks and regards

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dentist007
 

Registered: Apr 2004
Posts: 909

 

02-03-12 06:34 PM

gettin dangerous now

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dentist007
 

Registered: Apr 2004
Posts: 909

 

02-03-12 06:45 PM

s&p 500 index
hourly
showing the latest upthrust
the 50% zone is the horizontal line/blue 1327 area

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dentist007
 

Registered: Apr 2004
Posts: 909

 

02-04-12 10:38 AM

cable..gbpusd
2 hour data
a great uptrend tha started on 16 december.this momentum will be difficult to maintain
nfp/yesterday.the trend faltered and it pulled back to trendline support at 5760.probably consolidate now

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dentist007
 

Registered: Apr 2004
Posts: 909

 

02-05-12 02:38 PM

potential outlook for eurusd for next week
the purple uptrend line looks that it might break

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