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    Learning to read Price Action with P&F Charting

    agreed with you robert.rivalland"s site saying that a triple-top should be the signal.the shakeout pattern is almost the same,but from a double-top.either way,it is a warning,uneless there is confirmation my opinion only anyway,happy independence day to you and all the other readers of this...
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    Learning to read Price Action with P&F Charting

    hope this explains it.if you look at marcrivalland.com.go to point and figure library.there are other chart formations.basically saying that the double-top is too unreliable.mainly trades variations of triple-tops and shakeouts iam also using quotetracker.the p/f charting is great 1.intraday...
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    Learning to read Price Action with P&F Charting

    chart to show what a trap is text and chart from marcrivalland.com he also says he does not like trading this formation
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    Learning to read Price Action with P&F Charting

    The Chart Formations The Bull Trap and Bear Trap Michael Burke attributes this formation to the huge popularity of triple tops. Effectively, the chartist is paying the penalty for his buying point being known well in advance. The share price breaches a triple top by one box but there is no...
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    Learning to read Price Action with P&F Charting

    nas 100 setting up a bull trap.i think eod data.10 point box size by 1 reversal just my thoughts.not a trading recommendation
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    Learning to read Price Action with P&F Charting

    30 year treaury now offering an attractive yield
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    Learning to read Price Action with P&F Charting

    eurodollar..eurusd a bearish signal reversed.this pattern looks to be forming
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    Learning to read Price Action with P&F Charting

    s500.i think you have to look at this as two lots of double-tops and not a quadruple top.above the line could be a trap zone
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    Learning to read Price Action with P&F Charting

    nas 100 has broken resistance.will the res hold as support?
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    Learning to read Price Action with P&F Charting

    could be.might be difficult to break above $62 area.that seems to be keeping the price in check
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    Learning to read Price Action with P&F Charting

    what is the next move.? s&p 500. 12 point box size.by 3 reversal close data
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    Britain In Tatters; Hard to Believe: Gov't May Have To Accept IMF Loan

    keeps me busy.i live and work in surrey plenty of bad teeth here
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    Learning to read Price Action with P&F Charting

    it probably is a low risk trade,as you are at a major resistance point on the s&p 500.it will be even more reliable if you confirm it with a reversal pattern. this is well presented in holygrail" s synopsis you could use other confirming signals on a candle chart..such as oscillator divergence...
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    Learning to read Price Action with P&F Charting

    a better veiw.we are 1 box away from major es on the nas100 ie i3-4% so showing the same characteristics as the s500
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    Learning to read Price Action with P&F Charting

    nas 100 already at the major res area
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    Learning to read Price Action with P&F Charting

    if you go to google and put in the p/f books in youre library.you can then read most of the stuff
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    Learning to read Price Action with P&F Charting

    dow..a high box size chart 200 points by 3 reversal .close data the main res area is 9000.as shown/red line.this is 9% away for the today price whereas in the s&p 500 it is 900.approx 5% away from today price s500 needs to close above 876 for the previously posted 12 by 3 to be bullish.then...
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    Learning to read Price Action with P&F Charting

    sds. do you have any confirmation that it is reversing that last downtrend.? if so.post the chart
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    Learning to read Price Action with P&F Charting

    yes. this chart picks up those at 865 area however,if you look at the higher box size that i puut on,then this area does not show up,only the 900 and 1000 really show.so,in my mind,these are really major res areas.it all depnds if we get a close above 1276,then the res on the 12 by 3 chart is...
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