Learning to read Price Action with P&F Charting

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

  1. a minor top forming in eurusd.there is a potential downside count /black line
    eurusd.10 min data.17 pips by 3 reversal.hilo plot
    1.2400 is the downside count area

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    #1711     Jul 20, 2010
  2. care needed with the stock rally that is being talked about
    dollar index 0.35 by 3 hilo.daily data input
    there is a test of a major trendline,but no signal ie.double-bottom that is needed to show a proper break of trend.one more "O " is needed

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    #1712     Jul 25, 2010
  3. Humpy

    Humpy

    On page 5 and counting

    :eek:
     
    #1713     Jul 25, 2010
  4. eurusd.
    21 pips by 3 ..hourly hilo
    either we break out or we get a failed signal,support is near now.if that goes,stocks break down to next supp level
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    #1714     Jul 27, 2010
  5. ammo

    ammo

    thanks dentist
     
    #1715     Jul 27, 2010
  6. dollar ine was picked up on a 1 box reverddex starting to kick back.the move was picked up on 1 box reversal chart.price has not changed direction on a 3 box reversal chart.price bounced.now at res.could be the start of a new uptrend or a bounce in the downtrend.too early to say

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    #1716     Aug 1, 2010
  7. eurusd..8 pips by 1 reversal.close plot
    10 minute data input
    been range bound for a few days.however,according to duplessis,activity at the top of the pattern could indecate selling.a few tests of resistance followed by a sell off.price has rallied.see green trendline,tailed off a little.need to see if support comes in or we go back down to the black lines.the bears will quickly spot a lower high and could take out the support area

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    #1717     Aug 1, 2010
  8. a slightly higher box size.dollar index is still trending downwards.chart is bearish,although there is a column change.prv supp areas can be seen at 81.00 and major at 80.00

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    #1718     Aug 1, 2010
  9. meyer99

    meyer99

    The RS in PNF format is calculated on regular OHLC bars or on PNF?
    Where can I read more about the indicator?
    Is it used only for swing trading or can be also used for intraday trading?
     
    #1719     Aug 3, 2010
  10. eurusd..27 pips by 3 reversal
    hourly data.hilo plot
    possible top in this latest uptrend.no verical count established just yet


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    #1720     Aug 10, 2010