Learning to read Price Action with P&F Charting

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

  1. outlook for non farm payrolls/tomorrow
    eurusd 5 min data showing the latest move up
    watch the reaction at 2970 area if it p/b
    [​IMG]
     
    #2071     Oct 4, 2012
  2. a4 hour data of spx
    shows 2 trendline cluster ares
    1.1440 area
    2.a420 area
    if it breaksdown
    [​IMG]
     
    #2072     Oct 7, 2012
  3. eurusd 30 min data
    trend that started on 30sept
    lets see if it holds
    10 pips by 1 reversal..close
    [​IMG]
     
    #2073     Oct 9, 2012
  4. eurusd..update to that 30 min chart posted yesterday
    .we wondered if that uptrend could hold
    it did not,and we got a good signal to go short at the break of the trendline
    horizontal red line

    [​IMG]
     
    #2074     Oct 10, 2012
  5. same data
    we now go to a different box size to track that downtrend
    each trend has its own range volatility..so box sizes do have to be adjusted to bring out all the necessary information
    [​IMG]
     
    #2075     Oct 10, 2012
  6. spx 5 min data
    showing the downtrend that started on 5 th october
    if it recoils then watch 1432 res
    lets see what happens
    [​IMG]
     
    #2076     Oct 14, 2012
  7. eurusd 30 min
    that downtrend could be reversing
    3 pips by 1 reversal
    [​IMG]
     
    #2077     Oct 24, 2012
  8. spx 1 minute data
    thursday and friday
    a spike up after the open ..nfp release
    this minor uptrend was soon taken out
    then just follow the price downwards,trading the breakouts
    [​IMG]
    0.50 pts by 1 reversal
     
    #2078     Nov 3, 2012
  9. some pahases of aapl downtrend
    15 min data
    note how the downtrend got more intense/pink line
    this can recoil,when it gets intense
    [​IMG]
     
    #2079     Nov 9, 2012
  10. spx
    30 min data showing the downtrend that started at the beginning of november
    resistance lines are in
    the second phase of the trend is steep
    [​IMG]
     
    #2080     Nov 15, 2012