So far it's been another good day. I am still trading ym today, but since research has shown that 4 reversal boxes give the more reliable setups I changed my settings on ym to a 2 x 4, 3 x 4, and a 4 x 4. We had a triangle break out on two charts just now which was a nice move that has not ended yet as I am typing this.
HG, I am new to trading and want to tell you this is one of the best threads I have seen. All posts are very educational and informative.
Welcome aboard, and thank you. I'm just glad there are other people trading with it that can contribute to the thread.
I didn't mean to take credit away from all others who are posting too. There is a wealth of knowledge on this thread and the best part is that it can help you regardless of your level of experience.
you can read most of jeremy duplessis book.the definitive guide to point and figure .this is available on google books.the preveiw gives you most of the book
slacker.is it possible you could let us have the excel formulae use for youre charting.i use updata.this is by far the best on the market for p/f charting.i am a novice with excel
ialwayslearn:regarding youre query on box sizes.you use the right box size that shows the volatility of the instrument. basically you must not have columns that are too long.this means you have to go up a box size to shorten any long columns.vice versa if the columns are too short increase/decrease the box size increase/decreases youre time horizon so u might find that 0.2% works well for fx.and lower for bond futures.stocks 1% by 3 for med term.etc etc