Learning to read Price Action with P&F Charting

Well needless to say that was a bad trade on my part and I should have paper traded it since it was something new. That's what happens when you get too cocky.
 
The second red arrow was a short that I simmed using HG's failed DT concept, together with Resistance at 1348 (as shown by blue rectangle, also using prior lows, which become resistance when broken).

The first red arrow is Howard's trade (since he hasn't figured out how to do screen shots yet :) ).
 

Attachments

Quote from HolyGrail:

all systems are go to take out the highs of the day
More...
So how are you liking the Inv R/T charts? I have an addiction to their VB tool, and I still use this charting even though I have moved most everything over to NT 6.5 charts. :D
 
I love it so far thank you so much for pointing me in the right direction. I have a lot to learn though. Hell I can't even figure out how to annotate charts yet. When the market closes hopefully I will get it figured out. I still use buttontrader to trade with though.
 
You must log in or register to reply here.
Back
Top