Weed, welcome aboard the thread. I have recently made a transition to forex my self. Honestly I love the difference. I use point and figure for tactical descions on a intra-day basis. Its amazing how well it works.
I know exactly what you are talking about how different time frames will give...
I personally think one should not trade from a framework of fear. Such as there have been three previous up legs prior to this up leg and therefore I will decide not to participate in this leg. One should just follow the signals and use intelligent stops, end of story. I think I see where you...
Dentist: You said "eurodollar deposit rates are showing that interest rates in euroland are going up a tad.hence the chart is looking very bullsih.any comments".??
I'm kind of confused by that statement could you clarify if you have the time. Are you talking about the Eurodollar instrument...
Looking back to some stocks that were mentioned on this thread last week. The ticker symbol TIF looks like it will be in play this week. I would like to get long this in the 46.00- 45.50 zone
A really good thread on P&F was just opened yesterday over at Traders Laboratory. If you are a P&F enthusiast and not just dabbling this thread is a must. It has great potential. I'm looking forward to it. If you are not familiar with Traders Laboratory its hands down the best trading forum out...
A really nice podcast done by the P&F authority Tom Dorsey can be found at this link. I think all people will like this one and its free.
http://media.dorseywright.com/rss/DorseyWrightPodcast7.mp3
CWU, excellent post. We are all lucky to have you aboard this thread. You have clearly demonstrated your command of P&F principles to be first class all the way. Just from your one post a novice can learn a great amount of knowledge in the practical application of P&F. I hope that you will...