Learning to read Price Action with P&F Charting

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

  1. s500 index
    30 min data
    2.50 by 3 reversal..close
    the latest break from 1240 has not been supported a syet.watch 50% zone at 1255 if the bulls fail

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    #1911     Dec 26, 2011
  2. s500 index
    30 min resistance
    an upside break or a failure at resistance
    nfp failed to take it higher
    so lets see


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    #1912     Jan 6, 2012
  3. eurusd
    4 hourly data
    28 pips by 1 reversal...close
    we can see the nice downtrend since beginning of november
    has it made a bottom ????
    the latest pole/low...the 50% area is approx 2800 area.
    otherwise down we go from 2700 area

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    #1913     Jan 6, 2012
  4. ammo

    ammo

    thanks dent
     
    #1914     Jan 6, 2012
  5. eurusd 4 hour data
    oversold ???
    could be

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    #1915     Jan 7, 2012
  6. now...we want to see if eurusd is possibly starting a rally
    10 min data
    10 pips by 1 reversal

    note..there was a trap before nfp.market rallied higher before nfp.then broke after nfp..green line
    th last signal was bullish/blue line.a recoilresistance starts at the lowest internal trend line approx 1.2750
    so price has to stay above 1.2750 area to mintain some sort of bullish action
    imho

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    #1916     Jan 8, 2012
  7. s500 index
    10 min data
    a nice breakout,followed by a tst of 50%/pole zone


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    #1917     Jan 10, 2012
  8. 500 index
    the first sign of trouble will be a test and a break of the blue trendline
    30 min data...3 point box size by 1 reversal


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    #1918     Jan 12, 2012
  9. Thanks dentist , you have kept this thread alive. I have a chance to become profitable with P and F. Please find some other trsources to read if you can . Thanks
     
    #1919     Jan 13, 2012
  10. hey osho
    it is all about who is in control....bulls or bears
    it is that simple
    you just need the duplessis book and the bullseye software,imho...which has now been upgraded to display data in realtime from barchart.com.they have also added the facility to have multiple charts open at the same time..not sure about the new look,which seems to resemble plain excei
    in my opinion you need nothing more.it does take some practice
    so for $149 plus the book,you are set up
    you can practice with real money on fx at $1 a pip on most platforms
    data is free from freestockcharts.com,dukascopy,yahoo
     
    #1920     Jan 13, 2012