Learning to read Price Action with P&F Charting

[dentist007]

crude oil
wti continuous contract
a very smooth uptrend that started at christmas
25 cents box size by 2 reversal

 

[dentist007]

dow
15 min since 31stdec
does this trend fail ??
supports for this trend are
13824
13770
and 13710
areas
lets see what happensd

 

[dentist007]

eurusd 60 min
shows the 2 trends for the last week.the latest push has a support at 1.3530 area
10 pips by 2 reversal..hilo plot

 

[dentist007]

same chart with a little more detail
areas to watch for nfp tomorrow
1,3550/thin green
1.3530/thick green
if the dollar breaks upwards then these ares should be taken out
bad number..then we might push higher

 

[dentist007]

c

 

[dentist007]

eurusd...the most important fx cross

goin into next week....
30 min data
a very smooth uptrend from 29 jan to nfp on friday
now a new uptrend has formed,defined by the thicker green line.this has support/thick green line at 3608 area and res at 3678 area/red line
these levels should get tested next week

14 pips by 1 hilo plot

 

[dentist007]

 

[dentist007]

eurusd
4 hour data

red line could be importat

 

[dentist007]

jpm
60 min data
20 cents box size
by 1 reversal
shows the trend over the last 2 months
$47.20 supp if it breaks

 

[osho67]

Dear Dentist

I have been interested in p and f for some time. I have read some books as well.

p and f gives various signals to buy or sell like double/triple top/bottom .

Are there any signals which give high probability of a success trade?

Are some failed signals give high probability?

Thanks