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; ok...so everyvbody getting the gist of what i am saying.... next thing,,,is what to look for when you think the ...

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Old Mar 1, 2010, 7:35pm   #33
 
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Re: learning to read price action with p/f charts

dentist007 started this thread ok...so everyvbody getting the gist of what i am saying....
next thing,,,is what to look for when you think the trend might be reversing

a chart of the dow.
1 min data plot..we are in an uptrend.price got rejected at resistance.a minor downtrend has formed and we are in a midzone.does the uptrend continue or does the downtrend /minor continue
a tip i learnt from holygrail on elitetrader...wait for consecutive signals.ie another double-top or a triple-top to go long.many times you will see a double-top in a downtrend.we need reliability of the signal/a confirmation
we will see how this one plays out

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Old Mar 2, 2010, 7:48pm   #34
 
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Re: learning to read price action with p/f charts

dentist007 started this thread cannot update the chart..for some unknown reason,stockcharts server is down for me to day
good excuse to go and sit in the sunshine today
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Old Mar 2, 2010, 7:51pm   #35
 
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Re: learning to read price action with p/f charts

dentist007 started this thread a trade on cable.put on today..
support showing nicely /black line.some nice bounces from the support area

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Old Mar 2, 2010, 7:56pm   #36
 
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Re: learning to read price action with p/f charts

dentist007 started this thread and later on in the day,whilst i was out...i missed this one
the chart formation is called a bearish signal reversed.

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Old Mar 2, 2010, 7:58pm   #37
 
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Re: learning to read price action with p/f charts

dentist007 started this thread 10 minute\data for cable.the numbers are dates of the month
there is no timescale on these charts.we are looking at price chnge only
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Old Mar 7, 2010, 7:12pm   #38
 
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Re: learning to read price action with p/f charts

dentist007 started this thread cable
hourly data..this is a one box reversal chart
s/r points are easily deined.
chart is bullish
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Old Mar 23, 2010, 2:43pm   #39
 
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Re: learning to read price action with p/f charts

dentist007 started this thread a powerpoint presentation by jeremy duplessis of updata
unfortunately,this will not upload to thi site.if you want a copy,then email me.you might need to have powerpoint to look at it
dentist007@gmail.com

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Old Mar 23, 2010, 2:48pm   #40
 
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Re: learning to read price action with p/f charts

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