Learning to read Price Action with P&F Charting

usdjpy.dollar bullish
projected price target aprox 94 area..purple line
daily data
0.18 by 3
verical count taken from the bottom upthrust column.target is now active

25jv5h2.jpg
 
Dentist007 I have to say, I really love your posts, keep on doing the good work!!!!

Something else for the PnF fans, maybe you guys have heard of NinjaTrader, it is a software package with technical analyze in it which didn't support PnF charts. They are at this moment developing the next version WITH PnF charts, they are in beta stage and require user input to it to make the PnF charts usable and if possible the best software package around.

One advantage of NinjaTrader is that it is free to use forever! You only have to pay if you want to trade from it, connect it to your broker to send orders in, but if you only use it as your analyze tool it is totally free! With the free version you may connect the package to your brokers quote data stream to get all data real time in NinjaTrader. It can also handle Tick data.

I use the free version and have connected it to Interactive Brokers TWS to get the Tick data and historical data into NinjaTrader.

So if you guys over here are interested go and give it a look and give your opinion about what should be changed to the PnF charts to make it usable, and if possible the best PnF charts around. The discussion with the developers about PnF charts is hold in this thread http://www.ninjatrader-support2.com/vb/showthread.php?t=21235

I hope some people will join me and help me to convince the people from NinjaTrader for some improvements, because before I used Quottracker but that software package isn't free anymore!
 
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