test the dollar strength at that trendline cluster
1.0430 area
4 hour data
1.0430 area
4 hour data
Learning to read Price Action with P&F Charting
- Thread starter HolyGrail
- Start date
eurusd
daily
that downtrend is goin to get tested
daily
that downtrend is goin to get tested
yes sir
what time horizon ?
scalp
a bit longer
or a whole day
what time horizon ?
scalp
a bit longer
or a whole day
best is 15 min data
goin to have supper now.it is 7.30 pm UK time
so will post later
look at 15 min...3 pre box size by 1 reversal....close
been following that trendline all week
goin to have supper now.it is 7.30 pm UK time
so will post later
look at 15 min...3 pre box size by 1 reversal....close
been following that trendline all week
ammo
here is the 15 min spx chart
here is the 15 min spx chart
here is the 5 min
this is the one i traded off
this is the one i traded off
here is the chart i traded from
5 min data
5 min data
the last posting is a duplicate
chartupload.com...i have no links to oscar,just that his upload facility is great
now,back to p/f
it is all about trendlines and the placement of trendlines...signals like double-top etc are looked for after you put on the lines
you are quantifying the trend in numeric terms against bar/candlestick trendline is constant change per unit of time
so,if you look to see if the chart looks right...well i cannot really determine if the chart looks right until i have put some trendlines on
1.one box reversal using 45degree or subjective/connecting the right hand side of semi catapults
2.2 and 3 box reversal both subjective and mainly 45 degree trendlines
then you can move around box size and reversal to get the right feel
so,what all the textbooks bar duplessis teach is that signals are the most important,whereas the placement of trendlines is the first point of call
the trendlines are also acting as areas of supp/res.it is where the trend is tested and in most cases correspond to market retracements.
so that is why you see the trendlines on as the only guide on the charts i post
chartupload.com...i have no links to oscar,just that his upload facility is great
now,back to p/f
it is all about trendlines and the placement of trendlines...signals like double-top etc are looked for after you put on the lines
you are quantifying the trend in numeric terms against bar/candlestick trendline is constant change per unit of time
so,if you look to see if the chart looks right...well i cannot really determine if the chart looks right until i have put some trendlines on
1.one box reversal using 45degree or subjective/connecting the right hand side of semi catapults
2.2 and 3 box reversal both subjective and mainly 45 degree trendlines
then you can move around box size and reversal to get the right feel
so,what all the textbooks bar duplessis teach is that signals are the most important,whereas the placement of trendlines is the first point of call
the trendlines are also acting as areas of supp/res.it is where the trend is tested and in most cases correspond to market retracements.
so that is why you see the trendlines on as the only guide on the charts i post
aapl
2 hour data
$4 box siaze by 1 reversal
hilo plot was the best configuration..imho
so,at this point,the trend tset will be at $560..the break of the trendline
if price moves up,then so does the supp area
this looks to be an important trendline..imho
2 hour data
$4 box siaze by 1 reversal
hilo plot was the best configuration..imho
so,at this point,the trend tset will be at $560..the break of the trendline
if price moves up,then so does the supp area
this looks to be an important trendline..imho
