learning to read price action with p/f charts

dentist007 · Jul 7, 2012, 5:59pm

eurusd...tracking the latest downtrend
30 min data
7 pip box size by 1 reversal
hilo plot
the purple downtrend line needs to be taken out...then markets could really start to think about a rally
imho

fitzgeral · Jul 15, 2012, 2:30pm

I don't understand the graphically presentation can you help me to the process of that work?

fitzgeral · Jul 15, 2012, 2:32pm

through big capital we make big money when capital increase then the profit is also increase so the money is automatically increase.

malaguti · Jul 15, 2012, 2:34pm

Quote:

Originally Posted by fitzgeral

I don't understand the graphically presentation can you help me to the process of that work?

Hi Fitzgeral, you may want to start at the beginning of the thread, where Dentist spends a great deal on the explanation of Point&Figure charts and its interpretation.
You will learn alot I assure you, and hopefully gain in its continued use

dentist007 · Jul 15, 2012, 3:24pm

well...the fake we spokje about 2 weeks ago on s&p 500 played out nicely
a fake ...a head fake is an unsupported breakout..ie a high pole in p/f terminology
now we could be in for a bounce
eurusd 4 hour data

dentist007 · Jul 15, 2012, 3:30pm

correction
daily data input
26 pips by 1 reversal

dentist007 · Jul 15, 2012, 3:41pm

a closer look at the final down move on 30 min data
looks like that down move has been taken out
a bounce and some overhead res at 2260 area
lets see if this bounce is a fake before another move down

dentist007 · Jul 18, 2012, 5:07pm

s&p 500 index
4 hour data
11 points by 1 reversal
a nice orderly uptrend that started on 4 june

Jul 7, 2012, 5:59pm	#281
dentist007 Legendary Member Member Since Mar 2003 3,176 Posts	Re: learning to read price action with p/f charts eurusd...tracking the latest downtrend 30 min data 7 pip box size by 1 reversal hilo plot the purple downtrend line needs to be taken out...then markets could really start to think about a rally imho

Jul 15, 2012, 2:30pm	#282
fitzgeral Rookie Member Member Since Jul 2012 20 Posts	Re: learning to read price action with p/f charts I don't understand the graphically presentation can you help me to the process of that work?

Jul 15, 2012, 2:32pm	#283
fitzgeral Rookie Member Member Since Jul 2012 20 Posts	Re: learning to read price action with p/f charts through big capital we make big money when capital increase then the profit is also increase so the money is automatically increase.

Jul 15, 2012, 3:24pm	#285
dentist007 Legendary Member Member Since Mar 2003 3,176 Posts	Re: learning to read price action with p/f charts well...the fake we spokje about 2 weeks ago on s&p 500 played out nicely a fake ...a head fake is an unsupported breakout..ie a high pole in p/f terminology now we could be in for a bounce eurusd 4 hour data

Jul 15, 2012, 3:30pm	#286
dentist007 Legendary Member Member Since Mar 2003 3,176 Posts	Re: learning to read price action with p/f charts correction daily data input 26 pips by 1 reversal

Jul 15, 2012, 3:41pm	#287
dentist007 Legendary Member Member Since Mar 2003 3,176 Posts	Re: learning to read price action with p/f charts a closer look at the final down move on 30 min data looks like that down move has been taken out a bounce and some overhead res at 2260 area lets see if this bounce is a fake before another move down

Jul 18, 2012, 5:07pm	#288
dentist007 Legendary Member Member Since Mar 2003 3,176 Posts	Re: learning to read price action with p/f charts s&p 500 index 4 hour data 11 points by 1 reversal a nice orderly uptrend that started on 4 june

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