Learning to read Price Action with P&F Charting

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

  1. crude oil
    wti continuous contract
    a very smooth uptrend that started at christmas
    25 cents box size by 2 reversal
    [​IMG]
     
    #2141     Jan 27, 2013
  2. dow
    15 min since 31stdec
    does this trend fail ??
    supports for this trend are
    13824
    13770
    and 13710
    areas
    lets see what happensd
    [​IMG]
     
    #2142     Jan 28, 2013
  3. eurusd 60 min
    shows the 2 trends for the last week.the latest push has a support at 1.3530 area
    10 pips by 2 reversal..hilo plot
    [​IMG]
     
    #2143     Jan 31, 2013
  4. same chart with a little more detail
    areas to watch for nfp tomorrow
    1,3550/thin green
    1.3530/thick green
    if the dollar breaks upwards then these ares should be taken out
    bad number..then we might push higher
    [​IMG]
     
    #2144     Jan 31, 2013
  5. c[​IMG]
     
    #2145     Jan 31, 2013
  6. eurusd...the most important fx cross

    goin into next week....
    30 min data
    a very smooth uptrend from 29 jan to nfp on friday
    now a new uptrend has formed,defined by the thicker green line.this has support/thick green line at 3608 area and res at 3678 area/red line
    these levels should get tested next week
    [​IMG]
    14 pips by 1 hilo plot
     
    #2146     Feb 2, 2013
  7. [​IMG]
     
    #2147     Feb 3, 2013
  8. [​IMG]

    eurusd
    4 hour data

    red line could be importat
     
    #2148     Feb 5, 2013
  9. jpm
    60 min data
    20 cents box size
    by 1 reversal
    shows the trend over the last 2 months
    $47.20 supp if it breaks
    [​IMG]
     
    #2149     Feb 5, 2013
  10. Dear Dentist

    I have been interested in p and f for some time. I have read some books as well.

    p and f gives various signals to buy or sell like double/triple top/bottom .

    Are there any signals which give high probability of a success trade?

    Are some failed signals give high probability?

    Thanks
     
    #2150     Feb 6, 2013