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    Market Profile chat rooms

    he does 1 or 2 contracts for the room, live so they know it is real I know for a fact he trades much more than that on his personal account however, many room members can't trade the size he does on that account nothing stopping you from trading 10 or 20 lots though :) here was the...
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    Learning to read Price Action with P&F Charting

    You want to look at the total bullish% as well, not just the direction.
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    Learning to read Price Action with P&F Charting

    stockcharts.com is perfectly fine...just realize what data it is using (they use daily data I believe) if you are looking for the most accurate (detailed) P&F charts you will want to use use raw tick data, however, that does not make daily data any less reliable or effective when it comes to P&F
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    Learning to read Price Action with P&F Charting

    If you are looking for something a bit cheaper you can check out IRT updataTA is the best P&F software out there at the moment but they are not based in the US either... IRT has implemented a lot of great P&F features at request and they are continually updating IRT is the best MP...
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    Learning to read Price Action with P&F Charting

    not sure what this question is supposed to mean? that's all I use in day trading is P&F (though I do glance at a couple different styles of charts for other things) and 90% of all my trading is day trading P&F can work perfectly fine for day trading though if that is what you are asking
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    Learning to read Price Action with P&F Charting

    note how the targets are only created off completed columns, updata guys are really on top of their game
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    Market Profile chat rooms

    reza is legit he shows a live dome so you can see him actually manage his trade I don't know of many trade rooms that do that he trades 1 or 2 contracts (at least last I checked) and doesn't claim to trade 50 lots and scale out all day (without ever showing a dome or trade run) I...
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    Market Profile chat rooms

    try this instead, may be exactly what you are looking for :) http://www.charthub.com/chart/search/mpchart If you scroll back through some older charts there is a link posted to the legend http://tinyurl.com/4vrwb3
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    Urgent Message From Rennick

    top on views and posts, keep it coming
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    Market Profile

    http://www.charthub.com/chart/search/mpchart They are updated every evening. solid lines = tpo based dotted lines = volume based yellow profile = tpo profile gray profile = volume profile green = value areas blue = initial balance (IB) orange = singles blue dot = open (if you...
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    Learning to read Price Action with P&F Charting

    great chart, I would even go so far as to say you are not wrong until 32 on the long, however, that would be using my modified method for day trading, not swing trading :)
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    Learning to read Price Action with P&F Charting

    Another great reason to use P&F, the risk/reward is very clear before you even take the trade...very objective. If the risk/reward is not to your liking, you pass on the trade.
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    Learning to read Price Action with P&F Charting

    P&F shows you support/resistance quite well actually it is a "pure" view of supply/demand
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    Learning to read Price Action with P&F Charting

    they are some of the most accurate "targets" I have seen...that is, comparing all sorts of methods for "targets" on trades
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    Learning to read Price Action with P&F Charting

    ...the problem with that and one of the reasons for the rule... is that the column must be complete to have a set target, otherwise, the target could change as the column continues to change
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    Learning to read Price Action with P&F Charting

    However, the traditional rule is that the X (or O depending on the direction) column must be completed in order to establish a count. It appears he is doing the count of a column that is not completed yet.
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    Learning to read Price Action with P&F Charting

    Since you mentioned targets, I would also point out that Bullseye does not calculate price objectives normally...that is, vertical price targets as traditionally calculated.
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    Learning to read Price Action with P&F Charting

    All data is not daily in P&F. You need to consider the variables. Frequency of data (calculation type comes into play on anything other than tick data). Box size. Reversal. So the most comprehensive charts are done on tick data, then all you do is define your box size and reversal...
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    Learning to read Price Action with P&F Charting

    news can cause everything to fail, it is the nature of supply/demand being a variable, however, P&F is going to give you the most insight into supply/demand (IMO). The easiest way to position/swing trade is to use a bigger time horizon and/or go to H/L or on Close data.
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    Learning to read Price Action with P&F Charting

    hayman, I can't speak for holygrail but I day trade with P&F charts and it looks like he is doing something similar to what I do (using different time frames). So if you were asking me...then I would answer yes, you have all the charts up at the same time and you are watching all of them...
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