Learning to read Price Action with P&F Charting

[tiddlywinks]

Sugar #11
Current - Daily

Edit: annotation on chart should read 3 = $336 (30 tics)

 

[dentist007]

xlf
H1 data
a great trend.

 

[dentist007]

dow index
over the last week
care with shorts
that trend gets tested in 13325 area
5 min data

 

[dentist007]

update to the dow 5 min chart posted around 6pm uk time
trend got tested and we bounced

 

[dentist007]

eurusd possibly a change of trend
there is a possible 3 box count /upwards forming.purple area
so this makes 1.2900 an area of bigger res
1.2834 trendline supp/green
H1 data
10pips by 3 reversal
lets see what happens when bernanke speaks tomorrow

 

[dentist007]

Dow index
trend from 1 st may
15 min
trend gets tested in 15310 area

 

[dentist007]

dow index
today"s price action was a bit wild
but see how the wild moves did not distort the chart.price carried on that uptrend despite the spike.trendline got broken and price keeled over for a move down

 

[dentist007]

cable...H2 data
2 phases of the downtrend that started from 1.5600 area
second phase is being tested
lets seen what happens

 

[dentist007]

usdcad H4
watching that uptrend

 

[dentist007]

Dow sweet spot
H4 data
trend starts to get tested in 15120 area
60 points by 2 reversal
hilo plot