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well if you did the "one below last o" column strategy HG mentioned then 416 would be your initial stop and then i guess as it moves up you would trail up always 4 boxes behind? for a 400$ stock like goog i am using 4boxsize/3rev ohh and as a target are we looking at the high of the last x...

count me too!, you have finally allowed me to discover a method where i am not constantly saying to myself "huh?" or "i wonder what next", love it hope to learn it more in depth over the coming time. agree with sharp the GOOG move today was nice, i noticed the initial buy yesterday actually.

if your using high/low method then yes that is BUT you are also using .5 boxes for a 30$ stock and from my understanding that produces more signals so you gotta watch out (check out the 1box size chart), all the charts HG has been showing us so far are 1$ box size (depends on what the stock...

nvm this post it was answered thanks

nice, thanks i didn't notice that. guess i will stick with close data just to keep things simple/see what i like. here is the highlow/vs close for the person that asked http://www.fdcusers.com/T2W_PandF_20050909.htm according to him he made more on close with less trades and less drawdown...

make sure you are using 1 bos size/3 reversal your breakout for jcg should be at 45 ALSO interesting to note the high/low chart is in agreeance with the close data chart, my conclusion is that thats another + for this situation. IF you use high/low data YES the breakout is at 47...

funny though if you use high/low data you get many more breakouts/signals but alot of false ones also, and in that case COST is a buy at 64 even not 67 with 1.0 box size/3reversal. ANd yeah i'm also wondering what is your course of action if you miss an entry, buy on a pullback maybe if the...

in your opinion what is better to use the closing price or the high/low option? thanks, awesome thread learned so much so far, thankyou so much

so if this is to be done on a day to day basis it is probably better to do it with futures because you would have 3 charts open rather than 3 charts open for every single stock you are interested in leading to more chances to fail.????

Thanks, that cleared it up.

could you paraphrase your explanation of the "ultimate" pnf signal and the post on "why you wouldn't sell", i didn't really understand those two thanks? also do you use volume at all when trading? thanks, Happy EASTERRRRR

i did this on bigcharts.com you can take the price off and look at volume only, and i can come to some conclusions just by looking at volume BYITSelf, then i correlated it kinda with a pf chart and i can see clearer things, the only thing i hate is when volume is just average ie like almost the...

i couldn't help but notice that, (i am noob and i have made this conclusion, i read the thread and noticed the posts on pf charts so i started reading up on them, AND i couldn't help but notice thta if you follow that, in it's most basic form, ie buy when price breaks resistance you are...

Thanks man!

Hello all, i am new to elite trader glad to be joining the community and learning a thing or two. Now before committing any money to this i'm interested in back testing my strategy. Is there any software i can use for free or do i have to buy something? i'd like to test it over a 5-6 years...

all i can say is OWNED i this made my sunday, i just logged onto yahoo finance i see "BREAKING NEWS" and fuk this MADE MY SUNDAY!!!!!!!!

lol don't you think you're a bit harsh?

isn't it 'bear'?

lol

The stochastics can tell you that that market is CURRENTLY oversold but a 1-2 day rally could bring it back over 80 and then your overbought, so stochastics is a very limited tool imo