Best Thread learning to read price action with p/f charts

[Dentalfloss]

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

 

[Dentalfloss]

gettin dangerous now

 

[Dentalfloss]

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

 

[Dentalfloss]

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

 

[Dentalfloss]

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

 

[Dentalfloss]

then we look at these areas for support and possible uptrend continuation

 

[Dentalfloss]

eurusd
support area for this uptrend
4 hour data
56 pips by 1 reversal
main support for this uptrend seems to be lying in the 1.3216 area and has not been tested as yet

 

[Dentalfloss]

spx
30 min data
if this latest trend starts to fail look for this area as the first test

 

[Dentalfloss]

we gotta fake on eurusd last week
an unsupported breakout goin back into the support zone for a rethink

2 hour data

 

[Dentalfloss]

and we got the possible fake in the s&p 500
support could be in 1320 region if 1340 area fails

 

[Dentalfloss]

dollar strength....not yet
but a possible breakdown..too early to tell as yet
audusd..one of the commodity currencies
4 hour data
35 pips by 1 reversal

 

[Dentalfloss]

audusd 4 hour updated chart
1.0640 got tested/major supp on wednesday
price is out of the channel in a consolidation.and no signal as yet to go short

 

[Dentalfloss]

s&p 500
2 hourly data
we can see how the market threw out a fake downward signal on 10 feb
most people calling the market overbought and due a correction
no way..price got bullish and we carried on upwards
new supp area has moved up to 1350

 

[Dentalfloss]

2555nasdaq 100
15 minute data
watching for a possible breakdown
trendline break is at 2570 area
support underneath to

 

[Dentalfloss]

s&p 500 index
hourly data
uneless it breaks upwards,then uptrend runnin out of steam

 

[Dentalfloss]

eurusd..a fake
back in the supp zone now
market will rethink

 

[Dentalfloss]

going into non farm payrolls
a test of this uptrend in 1.3125 area should decide strong or weak dollar
daily data
35 pips box size by 1 close..hilo plot

 

[Dentalfloss]

s&p 500 index
hourly data
box size is 4.00 points by 3 reversal....hilo plot
coming into a big supp area
cluster of trendlines in the 1340 region

 

[Dentalfloss]

S&P 500 index
3 minute data..box size is 0.5 by 2 reversal.hilo plot
since 1340 supp area called
no reason to go short until late friday,,,faile triple top at 1375
note the green internal trendlines have been taken out
so we watch the blue trendlines as the next supp area

 

[Dentalfloss]

still no real strength in the dollar as yet
aussie usd
4 hour data
30 pips by 3 reversal
close
a major trend support area at 1.0500
and a res /intermed at 1.0740 area need to be sorted
dollar weakness=stocks rise
there is a partial breakdown in aussie..but those higher interest rates and exports to China over there still attractive...imho