Learning to read Price Action with P&F Charting

[trackstar]

thanks for the dollar chart. interesting to see that and gold up today.

 

[dentist007]

euro turning up against the dollar.in a res zone now.looking for any upside failures,or trend continuation
10 min data
9 pips by 3 reversal
lets see what happens

 

[dentist007]

eurusd 10 min data
#the latest upthrust has not confirmed an uptrend on this chart.at res now/green 45 deg trendline.careful with stock longs today

 

[dentist007]

eurusd.10 min data
9 pips by 3 reversal.close data
the down column today has activated a price target of 1.2900 area.black line

dollar strength

 

[dentist007]

the big move yesterday.a low pole.needs to retrace to 3050 to show some strength.otherwise,back down we go
10 min 9 pips by 3

 

[Totantaz]

Hi dentist007,

being a relatively new pnf follower and trying out charting software, i noticed you have switched from posting Updata's charts to BBbroker charts.

are you still using Updata's package if not, why the change ?

thanks,


Totantaz

 

[dentist007]

beb.i bought it last june for $ 149.all data is free,including the intraday source.i dont need lots of intraday tick data

 

[Totantaz]

Ok yeah,

i got the beb package also, but started using updata. im still not sure of my preference just yet.

im starting to develop and forward test my strategies. after experimenting with different things for the past few months, i stumbled on PNF and really like the "keep it simple" fell to it.

cheers,


Totantaz

 

[dentist007]

dollar index in a res zone..uneless more rioting in greece

 

[dentist007]

eurusd..1 minute data..there is 2 weeks of data on the chart
lots of downtrendlines=lots of resistance
11 pips by 3 reversal
close plot