Learning to read Price Action with P&F Charting

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

  1. pnf.guy

    pnf.guy

    HON: Regarding your trade idea. I would not trade it at these values. I would love to here the reasoning and see the charts if some one has a different perspective than me. I have an open mind and enjoy discussing point and figure charting.
     
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    #721     May 11, 2008
  2. pnf.guy

    pnf.guy

    IT: Regarding your trade idea. I would not trade it at these values. I would love to here the reasoning and see the charts if some one has a different perspective than me. I have an open mind and enjoy discussing point and figure charting.
     
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    #722     May 11, 2008
  3. pnf.guy

    pnf.guy

    PAG: Regarding your trade idea. I would not trade it at these values. I would love to here the reasoning and see the charts if some one has a different perspective than me. I have an open mind and enjoy discussing point and figure charting.
     
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    #723     May 11, 2008
  4. pnf.guy

    pnf.guy

    PH: Regarding your trade idea. I would not trade it at these values. I would love to here the reasoning and see the charts if some one has a different perspective than me. I have an open mind and enjoy discussing point and figure charting.
     
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    #724     May 11, 2008
  5. pnf.guy

    pnf.guy

    PHH: Regarding your trade idea. I would not trade it at these values. I would love to here the reasoning and see the charts if some one has a different perspective than me. I have an open mind and enjoy discussing point and figure charting.
     
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    #725     May 11, 2008
  6. pnf.guy

    pnf.guy

    TWC: Regarding your trade idea. I would not trade it at these values. I would love to here the reasoning and see the charts if some one has a different perspective than me. I have an open mind and enjoy discussing point and figure charting.
     
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    #726     May 11, 2008
  7. pnf.guy

    pnf.guy

    RIO- My methodology would allow me to day trade this ticker symbol around the price of 38.00 from the long side. I would day trade it all the way up to the price objective of 42.00. However, I personally don't trade anything other than the ES or YM.
     
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    #727     May 11, 2008
  8. zanjani1

    zanjani1

    pnf.guy,

    Could you elaborate on your methodology?
     
    #728     May 11, 2008
  9. thanks for your input pnf.guy. I'll have to see how the different chart size indicators work out. I realize it won't be as simple as picking one chart size and buying everything that has a good signal.

    What really surprises me browsing thru all the charts, is how many companies have gone from $20, 30 or even 40 or more down to almost nothing in the last couple years.
     
    #729     May 11, 2008
  10. yayt

    yayt

    When you were browsing , did you notice if pnf patterns would have allowed us to
    profit from these significant declines ?
    I was looking at bsc, and at least for bear stearns, the answer seems to be yes.
     
    #730     May 11, 2008