Learning to read Price Action with P&F Charting

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

  1. s&p 500 index..some possible clues to be had for non farm payrolls on friday
    30 minute data..10 point box size by 1 reversal
    the orange trendline should get broken...as it is very steep..momentum might dry up
    but we watch the cluster of trendlines in the 1270-1280 area

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    #1941     Jan 31, 2012
  2. an update of the eurusd chart
    broken trendline and a signal to go short
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    #1942     Jan 31, 2012
  3. same box size
    changed the reversal to 2
    added 45 degree trendlines
    so upward trend still holding..just

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    #1943     Jan 31, 2012
  4. S&P 500 index still holding supp

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    #1944     Jan 31, 2012
  5. 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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    #1945     Feb 1, 2012
  6. SGalyo

    SGalyo

    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
     
    #1946     Feb 3, 2012
  7. gettin dangerous now

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    #1947     Feb 3, 2012
  8. s&p 500 index
    hourly
    showing the latest upthrust
    the 50% zone is the horizontal line/blue 1327 area

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    #1948     Feb 3, 2012
  9. 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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    #1949     Feb 4, 2012
  10. potential outlook for eurusd for next week
    the purple uptrend line looks that it might break

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    #1950     Feb 5, 2012