Hey Tomek,
Nice PnF reconfiguration(block colors)
At the moment i dont see any good setups, still waiting for something better. Oh, and now i am looking only on E/U pair.
I suggest you me and others must choose pairs , which are suitable for PnF charting. Then give any signals and notifications which you will see on the PnF chart to "group" work.
Friends, what do you think about it?
p.s. Tomek maybe you are from Poland?
Intraday Point and Figure Trading
- #184
- Aug 21, 2010 5:07pm Aug 21, 2010 5:07pm
- Joined Jul 2007 | Status: Trader | 1,305 Posts
Just came back to my pc and found your mail, gracias.
Will have to read it all first before any remaining questions popup.
Will have to read it all first before any remaining questions popup.
Just came back to my pc and found your mail, gracias.
Will have to read it all first before any remaining questions popup.
Have a good reading!----------------------------------------
.......s/r levels other 1/2 let run till reversal, (sometimes i use profit targets from Autochartist pattern breakouts) also before I place any orders intraday I set my sentiment looking at major indexes (risk apetite or risk aversion day) .....
So you are using fibs on PnF boxes in the same way that you were using it on candlestick charts?
Sorry, what means "Autochartist pattern breakouts" ?
And tell some words about "murray math lines" - is it simple pivot lines?
How long are you trading with PnF method?
What is your results?
Sorry for mass of the questions, just interested, how another skillful PnF trader is working
- #187
- Aug 22, 2010 5:26pm Aug 22, 2010 5:26pm
No problemos ! Freddy
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Hey dfptommyj,
So you are using fibs on PnF boxes in the same way that you were using it on candlestick charts?
Sorry, what means "Autochartist pattern breakouts" ?
And tell some words about "murray math lines" - is it simple pivot lines?
How long are you trading with PnF method?
What is your results?
Sorry for mass of the questions, just interested, how another skillful PnF trader is working
-autochartist is a service that provides u with computerized scanning of classical pattern formations, their charts show estimated targets after the breakout of price (look at their website), I have been using this service for some time and find it very helpful, many times it confirms my moves and also gives me heads up if something is in process of forming
-mml is a very powerfull pivotal calculation, it is very old and many traders look at these lines, I used it on candles with a lot of sucsess, so i still look at it
-I started charting pnf (thanks to you and your indicator) only few weeks ago and my results are very good, discovering pnf charting and understanding it was like a eureka to me, what it basicly does to my trading is the relief of all the stress that the time factor was creating on candle charts
I hope i have answered your questions...
-yes I look at fibs, to me all the rules from candle charts apply to pnf, majority trades candles, we looking at pnf see the real PA without the noise so an.........
I hope i have answered your questions...
I am also thinking that time is not necessary in trading, the most important is price action. But is it true, who knows, time will show us. Thanks dfptommyj for your answers.
p.s. i will have a look at autochartist, its quite interesting site.
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doubletop hey, nice excell sheet.
Are you trading only double bottom's and double top's ?
p.s. This sheet is CFD's or stocks? Any trades on FOrex pairs?
