Learning to read Price Action with P&F Charting

Discussion in 'Strategy Building' started by HolyGrail, Mar 22, 2008.

  1. nas 100
    a closer look at the tringle.price in a downtrend.however, the upward price target 1656 is still active as 1639 was not taken out
    the last pole / high got sold off quickly
    could go either way on any news.key res at 1650
    just an opinion

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    #1461     Aug 30, 2009
  2. dow
    15 min data
    getting close to breaking a trendline

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    #1462     Aug 30, 2009
  3. china in deep doo-doo
    shanghai
    daily data
    first arrow is today"s close
    second is vert count target

    [​IMG]
     
    #1463     Aug 31, 2009
  4. which way next.??
    upside target of 1027.this will cease if 1016 is taken out
    1 min data
    [​IMG]
     
    #1464     Aug 31, 2009
  5. ammo

    ammo

    dvol/uvol ratio staying at 4.5 or 5/1 if that shrinks, we could push higher, staying aware of end of month marking up at close possibility edit .dentist. thanks for posting these charts
     
    #1465     Aug 31, 2009
  6. thanks ammo for the info
    happy labour day to you and all on this thread
    we are having the equivalent of labour day.it is today in the uk
     
    #1466     Aug 31, 2009
  7. a minor breakdown
    a lower box size.1 min data

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    #1467     Aug 31, 2009
  8. #1468     Aug 31, 2009
  9. s500 finished the day with a minor uptrend
    potential price target of 1028
    the higher trend id still down
    5 min data
    [​IMG]
     
    #1469     Aug 31, 2009
  10. the same chart with a continuation of the uptrend line.uneless price keeps above this line then it is bearish

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    #1470     Aug 31, 2009