Learning to read Price Action with P&F Charting

i really like the simplicity of this style, i feel that it helps me make decisions in a fashion that would make occam proud. with candles i always seemed be able to make an excuse to buy or sell. point and figure helps me build patience into my system.
here is a few trades that i took over the last week. they all turned out well, although i have the feeling i could have chosen anything and it would have worked out more or less the same. focusing on one or two patterns that work for me, and trading exclusivly those patterns as the market gives them to me has done wonders and really helped me stop overtrading.
 
thanks flying lead.
here is the charts, as you can see i freaked today and closed all the positions without a clear reason. just got the feeling the market was going to rebound tommorow.
 

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ctb.
i know i should wait for some kindof reversal to exit the position, but it seems that would give back the majority of profits, any other methods out there?
 

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Quote from nhaupt:

thanks flying lead.
here is the charts, as you can see i freaked today and closed all the positions without a clear reason. just got the feeling the market was going to rebound tommorow.
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Probably a good move, altho "freaked" is probably not a good trading strategy. :D You can always get back in on a pullback if you think its still going to go down more.
I got lucky yesterday, since I work and don't have time to watch the market consistently during the day, I came in and saw a couple of my stocks had dropped so good that I took profit at the low for the day.
This however is probably not a great strategy as it will get me on a day I'm not watching. I need to set targets.
 
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