Learning to read Price Action with P&F Charting

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

  1. eurusd hourly data
    59 pips by 1 ..clse
    a nice uptrend that started on 7th jan
    will it breakdown ??

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    #1811     Mar 29, 2011
  2. support coming in for the dollar
    daily data


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    #1812     Apr 16, 2011
  3. eurusd daily data
    looks to be overbought

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    #1813     Apr 16, 2011
  4. nas 100...2 hourly data input from 20 november2010.in support area now.a bad bounce and the shorts move in

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    #1814     Apr 17, 2011
  5. ammo

    ammo

    thanks dentist
     
    #1815     Apr 17, 2011
  6. Been a while since I checked this thread, sorry for that :)

    But yes, I use P&F charts for daytrading, try to take short moves in all possible futures available in the US. For example the NQ is very easy for daytrading, just look at the triple top breakouts, those are the ones you can trust the most. I also trade other patterns, but you have to be trained for them to see if they have a chance to work out or not.
     
    #1816     May 3, 2011
  7. [​IMG]

    Made its targets and is moving to the 1.50 and higher!

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    Here is the FTSE 100 with a 0.5%x3 waiting to make a triple top break!

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    And here is the nikei 225 has made a nice retracement from the big drop but will soon consolidate and move back down again, with this kind of patterns you always see that after this retracement it will move down again, below the big down move, below the 8550. 0.5%x3
     
    #1817     May 3, 2011
  8. emotions..thanks for the charts.keep em comin
     
    #1818     May 8, 2011
  9. dollar index daily.about to enter a resistance zone.a bounce,but not really a confirmed change in trend

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    #1819     May 8, 2011
  10. eurusd..levels to watch
    1.4620 area and above..watch for weakness or strength in this resistance zone..if it gets there

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    #1820     May 8, 2011