learning to read price action with p/f charts

This is a discussion on learning to read price action with p/f charts within the Technical Analysis forums, part of the Methods category; outlook for eurusd for next week 4 hour data could be vulnerable to a sell 1.3260 are is coming out ...

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Old Jan 29, 2012, 7:40pm   #151
 
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Re: learning to read price action with p/f charts

dentist007 started this thread outlook for eurusd for next week
4 hour data
could be vulnerable to a sell
1.3260 are is coming out as a possible res area
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Old Jan 29, 2012, 7:56pm   #152
 
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Re: learning to read price action with p/f charts

dentist007 started this thread if we go down to 120 minute data
we see the rising trendline as the support for this trend
if we retrace then look at 1.3150 area as supp
if we go up..then pick of the supp areas from the rising trendline.we need to see where and if it breaks down
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Old Jan 30, 2012, 11:50pm   #153
 
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Re: learning to read price action with p/f charts

dentist007 started this thread s&p500 index
30 min data
4.50 by 1 reversal
supports are the green trendlines and some possible res up above/red trendline
non farm payrolls on friday

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Old Jan 31, 2012, 12:03am   #154
 
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Re: learning to read price action with p/f charts

dentist007 started this thread eurusd
2 hour data
17 pips by 1 reversal
a down move.but no real test of this uptrend as yet

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Old Jan 31, 2012, 12:40pm   #155
 
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Re: learning to read price action with p/f charts

dentist007 started this thread 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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Old Jan 31, 2012, 7:43pm   #156
 
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Re: learning to read price action with p/f charts

dentist007 started this thread an update of the eurusd chart
broken trendline and a signal to go short
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Old Jan 31, 2012, 7:51pm   #157
 
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Re: learning to read price action with p/f charts

dentist007 started this thread same box size
changed the reversal to 2
added 45 degree trendlines
so upward trend still holding..just

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Old Jan 31, 2012, 7:58pm   #158
 
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Re: learning to read price action with p/f charts

dentist007 started this thread S&p500 still holding supp

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Old Feb 1, 2012, 2:43pm   #159
 
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Re: learning to read price action with p/f charts

dentist007 started this thread 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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Old Feb 3, 2012, 7:43am   #160
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Re: learning to read price action with p/f charts

Quote:
Originally Posted by dentist007 View Post
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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Hello Dentist,

I'm fascinated by these Point&Figure charts - are these updating in real time - and is it possible to trade them that way?
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Old Feb 3, 2012, 3:47pm   #161
 
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Re: learning to read price action with p/f charts

dentist007 started this thread data_editor
yes it is possible..quite easily
you will need to buy bullseye..cost$149 for a lifetime licence
data:
a few alternatives
the free method..download the data from freestockcharts.com or dukascopy
us stocks,canadian and spot fx..lowest t/f is 1 minute
or buy qcollector..cost $139 and then have a data feed from iq or esignal
qcollector will get the data for you in realtime including tick and load them into a file for bullseye to read.bullseye will update automatically
btw..tick is really not necessary to have imho..best scalping comes from 1,2,3 minute
there is bullseye /version 5 that has just been released,which will update in realtime from barchart
there is also updata which will read esignal,iq and barchart aswell as their own data
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Old Feb 3, 2012, 7:34pm   #162
 
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Re: learning to read price action with p/f charts

dentist007 started this thread gettin dangerous now

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Old Feb 3, 2012, 7:46pm   #163
 
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Re: learning to read price action with p/f charts

dentist007 started this thread s&p 500 index
hourly
showing the latest upthrust
the 50% zone is the horizontal line/blue 1327 area

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Old Feb 4, 2012, 11:37am   #164
 
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Re: learning to read price action with p/f charts

dentist007 started this thread 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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Old Feb 5, 2012, 3:37pm   #165
 
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Re: learning to read price action with p/f charts

dentist007 started this thread potential outlook for eurusd for next week
second trendline/purple looks that it might get broken
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