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    Learning to read Price Action with P&F Charting

    tif: a brick wall at $48
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    Learning to read Price Action with P&F Charting

    here is the shart with the right data.targetes have been met from the upside vertical counts.the latest thrust columns retrace to the 68 level.these should go to ahigher level.iehigher lows.o the breakout could be a non starter
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    Learning to read Price Action with P&F Charting

    updata charts might be screwed.they are showing price of 62 ish.ignore the last chart.
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    Learning to read Price Action with P&F Charting

    ugh..... i cannot see one.there is a failed b/o.but you would have to be quick to get it i am not quick enough for this one russian roulette is a safer option
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    Learning to read Price Action with P&F Charting

    emr.54 is a strong supp area.1 box close.50 cents box size
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    Learning to read Price Action with P&F Charting

    a word of caution here. the bullish per cent charts are calculated using the chartcraft method. 2% is a longer term box size.so the chart can print a double-top by virtue of a high reading on one day.this does not mean for sure there is a breakout,especially in these volatile markets.the best...
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    Learning to read Price Action with P&F Charting

    for the hourly close.something like 10 by 3.must be able to backfill the data when the computer is switched off.obviously there will be times when the boxes dont move.but then watch the action when europe opens.,and on to the us open.go down to a 1 minute close the hour before.something like 5...
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    Learning to read Price Action with P&F Charting

    fine a better way to look at the daily bias is hourly close.this will give you one data point per hour.it will then take out the noise of hi and lo points.you should quite easily get 3 months of data points into the charting package.this will then give you the fine tuning before the market...
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    Learning to read Price Action with P&F Charting

    going back to youre discussion.you will have a bias for each chart depending on the box size.all the data is daily in p/f. you can see with holygrail ...he is defining good tradeable signals on a specific box size that suits his time horizon
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    Learning to read Price Action with P&F Charting

    confusion here.the daily? what box size.the daily hi/lo/close prices are coming into youre charting package.the charting package will want an input for box size.ie arithmetic or log.once you have entered box size it will ask for what size reversal.i 1,2 or 3.it will then display a chart.now...
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    Learning to read Price Action with P&F Charting

    here is a chart for oilb.the etf for brent oil.i dont have data for nymex future.as you can see from the chart there are no real tradeable signals.it is in an uptrend,but no signs of any pullback for entry.also no sign on this chart of any trend reversal.so no real signals as yet.that is what...
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    Learning to read Price Action with P&F Charting

    pnf.u got a really big shopping list. firstly,there will only be a few that have good signals.so let us know which ones you think have.then the real analysis can begin. it is more about the chart showing good signals which are tradeable.rather than having a list with vertical /horizontal...
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    Learning to read Price Action with P&F Charting

    i think to backtest a trading strategy must also include the bullish % reading,and also its p/f stance when the trade was taken.the bp% reading gives you a look at what the follow thru of the trade that was put on. so some kind of correlation between the p/f signal on the stock with some bp% in...
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    Learning to read Price Action with P&F Charting

    good point of veiw.the price chart and rel strength have to be in agreement
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    Learning to read Price Action with P&F Charting

    looking at gsk on a 1 box reversal chart.then u can see the chart is not very bullish as yet holy grail.u got any ideas for some input fo this one.?
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    Learning to read Price Action with P&F Charting

    ok.so here is one tipped today by a leading guru in the u.k. glaxosmithkline/gsk.price is in pence.close price on friday was 1152p.ie £11-52p i have put the 5p by 3 reversal chart.now u can see price moving up with new columns.consecutive double-tops.however,price has approached a major...
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    Learning to read Price Action with P&F Charting

    do u want opinions or actual trading signals.what is youre time horizon.????
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    Learning to read Price Action with P&F Charting

    % box sizes.just use when i am scanning.because each stock has different price moves,then i dont want to keep adjusting box sizes.to see the fine detail then go to arithmetic box sizes
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    Learning to read Price Action with P&F Charting

    i dont have the nymex futures.i only have the etf oilb.looking like a triangle is forming
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