Hi Puma1 - I'm a bit new to some of the jargon used in the forums having been beavering away on my own for most of the time, could you clarify what you mean by "captured" please?
Cheers
TW
Cheers
TW
Intraday Point and Figure Trading
Hey there!
Point and figure charts can be used to determine how far movements are about to go.
It is said that the longer price stands still around one level, the more far the next move will be. In my calculation (this is my first trial) the next move will be around 300 pips
Does anybody here agree or disagree?
Point and figure charts can be used to determine how far movements are about to go.
It is said that the longer price stands still around one level, the more far the next move will be. In my calculation (this is my first trial) the next move will be around 300 pips
Does anybody here agree or disagree?
- #247
- Feb 10, 2011 1:59pm Feb 10, 2011 1:59pm
I think P & F charts for intraday is not effective. Position trading works best for these charts.
But the indicator Cute Point and Figure I like a good match.
"P&F EURUSD60 Box Size 50X3 or(1.1%) HI/LO
Data 1.4281 - 1.2874 ~ 3.9 Month ~ 118.63 Day
Database 2010 records 1.36003 (Last Close)
2010-10-15 05~00
2011-02-10 20~00 (GMT+01:00) Paris
Original MDunleavy chart
:-)"
1.4300|~5O|||____________+_____________________________________________|-0.13%|11.08%
1.4250|~1OO||____________x_+___________________________________________|0.22%|10.69%
1.4200|~15O||+___________x_o_+_________________________________________|0.57%|10.3%
1.4150|~2OO||x_+_________x_o___+_______________________________________|0.92%|9.91%
1.4100|~25O||x_o_+_______x_o_____+_____________________________________|1.27%|9.52%
1.4050|~3OO||__o___+_x___x_o_______+___________________________________|1.62%|9.13%
1.4000|~35O||__o_x___x_o_x_o_________+_________________________________|1.97%|8.75%
1.3950|~4OO||__o_x_o_x_o_x_o___________+_______________________________|2.32%|8.36%
1.3900|~45O||__o_x_o_x_o_x_o_____________+_______________________+_____|2.67%|7.97%
1.3850|~5OO||__o___o_x_o_x_o_______________+_____________________x_+___|3.02%|7.58%
1.3800|~55O||______o_x_o_x_o_________________+___________________x_o_+_|3.37%|7.19%
1.3750|~6OO||______o_x_o___o_x___x_____________+_____________x___x_o___|3.72%|6.8%
1.3700|~65O||______o_______o_x_o_x_o_____________+___________x_o_x_o_x_|4.07%|6.42%
1.3650|~7OO||______________o_x_o_x_o_______________+_________x_o_x_o_x_|4.42%|6.03%
1.3600|~75O||==============o===o=x=o=================+=======x=o===o=x=|4.77%|5.64%
1.3550|~8OO||__________________o_x_o___________________+_____x_____o___|5.12%|5.25%
1.3500|~85O||__________________o_x_o_____________________+___x_________|5.47%|4.86%
1.3450|~9OO||__________________o___o_____x_______________x_+_x_________|5.82%|4.47%
1.3400|~95O||______________________o_x___x_o_________x___x_o_x_________|6.17%|4.09%
1.3350|~1OOO|______________________o_x_o_x_o_x_______x_o_x_o_x_________|6.52%|3.7%
1.3300|~1O5O|______________________o_x_o_x_o_x_o_____x_o_x_o_x_________|6.87%|3.31%
1.3250|~11OO|______________________o_x_o_x_o_x_o_x___x_o_x_o___________|7.22%|2.92%
1.3200|~115O|______________________o_x_o___o_+_o_x_o_x_o_x___________+_|7.57%|2.53%
1.3150|~12OO|______________________o_x_____+___o_x_o_x_o_x_________+___|7.92%|2.14%
1.3100|~125O|______________________o_x___+_____o___o___o_x_______+_____|8.27%|1.76%
1.3050|~13OO|______________________o_x_+_______________o_x_____+_______|8.62%|1.37%
1.3000|~135O|______________________o_+_________________o_x___+_________|8.97%|0.98%
1.2950|~14OO|______________________+___________________o_x_+___________|9.32%|0.59%
1.2900|~145O|__________________________________________o_+_____________|9.67%|0.2%
1.2850|~15OO|__________________________________________+_______________|10.02%|-0.19%
Column|||||||2_6_3_6_7_6_1_1_3_6_6_1_8_4_5_5_3_5_3_3_6_1_1_4_1_3_5_6_3_|
Count||||||||____________O_3_______5___________________O_1___O_________|
Why 50X3 ? Average Hi minus Lo for 1000 Day records is 148 pips.
But the indicator Cute Point and Figure I like a good match.
"P&F EURUSD60 Box Size 50X3 or(1.1%) HI/LO
Data 1.4281 - 1.2874 ~ 3.9 Month ~ 118.63 Day
Database 2010 records 1.36003 (Last Close)
2010-10-15 05~00
2011-02-10 20~00 (GMT+01:00) Paris
Original MDunleavy chart
:-)"1.4300|~5O|||____________+_____________________________________________|-0.13%|11.08%
1.4250|~1OO||____________x_+___________________________________________|0.22%|10.69%
1.4200|~15O||+___________x_o_+_________________________________________|0.57%|10.3%
1.4150|~2OO||x_+_________x_o___+_______________________________________|0.92%|9.91%
1.4100|~25O||x_o_+_______x_o_____+_____________________________________|1.27%|9.52%
1.4050|~3OO||__o___+_x___x_o_______+___________________________________|1.62%|9.13%
1.4000|~35O||__o_x___x_o_x_o_________+_________________________________|1.97%|8.75%
1.3950|~4OO||__o_x_o_x_o_x_o___________+_______________________________|2.32%|8.36%
1.3900|~45O||__o_x_o_x_o_x_o_____________+_______________________+_____|2.67%|7.97%
1.3850|~5OO||__o___o_x_o_x_o_______________+_____________________x_+___|3.02%|7.58%
1.3800|~55O||______o_x_o_x_o_________________+___________________x_o_+_|3.37%|7.19%
1.3750|~6OO||______o_x_o___o_x___x_____________+_____________x___x_o___|3.72%|6.8%
1.3700|~65O||______o_______o_x_o_x_o_____________+___________x_o_x_o_x_|4.07%|6.42%
1.3650|~7OO||______________o_x_o_x_o_______________+_________x_o_x_o_x_|4.42%|6.03%
1.3600|~75O||==============o===o=x=o=================+=======x=o===o=x=|4.77%|5.64%
1.3550|~8OO||__________________o_x_o___________________+_____x_____o___|5.12%|5.25%
1.3500|~85O||__________________o_x_o_____________________+___x_________|5.47%|4.86%
1.3450|~9OO||__________________o___o_____x_______________x_+_x_________|5.82%|4.47%
1.3400|~95O||______________________o_x___x_o_________x___x_o_x_________|6.17%|4.09%
1.3350|~1OOO|______________________o_x_o_x_o_x_______x_o_x_o_x_________|6.52%|3.7%
1.3300|~1O5O|______________________o_x_o_x_o_x_o_____x_o_x_o_x_________|6.87%|3.31%
1.3250|~11OO|______________________o_x_o_x_o_x_o_x___x_o_x_o___________|7.22%|2.92%
1.3200|~115O|______________________o_x_o___o_+_o_x_o_x_o_x___________+_|7.57%|2.53%
1.3150|~12OO|______________________o_x_____+___o_x_o_x_o_x_________+___|7.92%|2.14%
1.3100|~125O|______________________o_x___+_____o___o___o_x_______+_____|8.27%|1.76%
1.3050|~13OO|______________________o_x_+_______________o_x_____+_______|8.62%|1.37%
1.3000|~135O|______________________o_+_________________o_x___+_________|8.97%|0.98%
1.2950|~14OO|______________________+___________________o_x_+___________|9.32%|0.59%
1.2900|~145O|__________________________________________o_+_____________|9.67%|0.2%
1.2850|~15OO|__________________________________________+_______________|10.02%|-0.19%
Column|||||||2_6_3_6_7_6_1_1_3_6_6_1_8_4_5_5_3_5_3_3_6_1_1_4_1_3_5_6_3_|
Count||||||||____________O_3_______5___________________O_1___O_________|
Why 50X3 ? Average Hi minus Lo for 1000 Day records is 148 pips.
- #253
- Mar 18, 2011 3:52pm Mar 18, 2011 3:52pm
I would like you disorders, new programs, no ...
Bull's-Eye Broker (V4.0 Standard $69.95;V4.0 Professional $149.00)
This program is very outdated, do not develop ... If you use a lot of problems, especially for forex.
Here in the forum discussed the 2 indicators for MT, is a good indicator. One indicator was worth only $ 10. A good indicator. Another indicator is free.
I have a lot of different old programs P&F and other stuff for P&F, if you want I'll send. Free!
If you have a lot of extra money, you can order a personalized program somewhere.
Bull's-Eye Broker (V4.0 Standard $69.95;V4.0 Professional $149.00)
This program is very outdated, do not develop ... If you use a lot of problems, especially for forex.
Here in the forum discussed the 2 indicators for MT, is a good indicator. One indicator was worth only $ 10. A good indicator. Another indicator is free.
I have a lot of different old programs P&F and other stuff for P&F, if you want I'll send. Free!
If you have a lot of extra money, you can order a personalized program somewhere.
I would like you disorders, new programs, no ...
Bull's-Eye Broker (V4.0 Standard $69.95;V4.0 Professional $149.00)
This program is very outdated, do not develop ... If you use a lot of problems, especially for forex.
Here in the forum discussed the 2 indicators for MT, is a good indicator. One indicator was worth only $ 10. A good indicator. Another indicator is free.
I have a lot of different old programs P&F and other stuff for P&F, if you want I'll send. Free!
If you have a lot of extra money, you can order a personalized program...
But please post the FREE one anyway, or the $10 one if u wish
But 1 thing i don't quite understand is, .. if there is a workable pnf indi, . why is there the need to draw your own pnf chart fteller?
