Learning to read Price Action with P&F Charting

Quote from dentist007:

the pattern is a bearish signal reversed.a flag in candlestick charting terminology
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Called "Shake out" Pattern too. But I think a BSR looks like this...
 

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I didn't even get a chance to trade today. Based on looking at the charts and where my signals would have been it looks like it would have been a good day.

Oh well, there will plenty more good days. It still looks like I might not be able to trade all of next week.

I've definitely let too many things slip by at the office.:mad:
 
I posted that ES chart in realtime. Just for comfirmation, do we have the same looking in this 0.5x3 chart? Please post yours if they are different. (Others are invited also.)
 
Quote from HooLee:

I posted that ES chart in realtime. Just for comfirmation, do we have the same looking in this 0.5x3 chart? Please post yours if they are different. (Others are invited also.)
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Mine looks the same.
 

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Thanks. I have two P&F charts (ES/.50x3) for today one from QT and another from Investor RT and they look completely different!
 
Quote from taowave:

Hi HooLee,

I have AmiBroker and wasnt aware it had P&F capability..Did you program it yourself??

Thanks

Tao
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Hello tao, Amibroker can draw a pf chart, but you do need to reprocess the database. I actually 'borrowed' and modified Graham Kavanagh's code for my own use, you can find those codes in the Library area.
 
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