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Intraday Point and Figure Trading

  • #281
  • May 4, 2011 8:16am May 4, 2011 8:16am
Quoting puma1
Hi, have you myfxbook statistic account?
Yes, there's accounts. Here, for example, there are others.
There's a lot of users.
Inserted Code
http://www.myfxbook.com/members/iticsoftware/expert-advisor-toft/65539
http://www.myfxbook.com/ru/members/iticsoftware/expert-advisor-eldorado/62645
  • #282
  • May 12, 2011 12:59am May 12, 2011 12:59am
Hello. Sorry for my English. Who Trades on H1 this method? What settings are you using? How are you getting? Approximately how many trades per day, per month?
  • #283
  • May 16, 2011 1:44am May 16, 2011 1:44am
Quoting aybulat
Hello. Sorry for my English. Who Trades on H1 this method? What settings are you using? How are you getting? Approximately how many trades per day, per month?
Sorry for my Englesh too! :-)
Timeframe does not matter. See picture. USDCAD 2011-May-16 08-24 (GMT+01:00) Paris
http://img706.imageshack.us/img706/6...0516082443.png
On my system, five currency pairs ( EURJPY;EURCHF;EURGBP;EURCAD;EURAUD). Usually Eur(jpy,chf,gbp) Buy: Eur(aud,cad) Sell simultaneously. And so three or four times a week. To really understand it, it is necessary to describe the system completely, I will do next time.
--------------
The USD/CAD rose this week, but fell short of closing above the all-important 0.97 area. This shows that the area is indeed significant, and could be a massive headwind for USD strength in this pair. Compounding this is the fact that there is a downtrend line that we are currently bumping up against. I remain bearish on USD/CAD.

The Canadian dollar doesn’t rely only on oil, but is more dependent on the US economy, which is gradually improving. In addition, the economy of Canada is doing great, especially with the recent impressing gain in jobs.

http://img811.imageshack.us/img811/6945/mane11may16.png http://img41.imageshack.us/img41/5832/big11may162.png

~~~>docs.google.com/document/pub?id=14YIgWu6mqwm0AYkhG14x-1vwsygUUGs3krB4a1Q7iyA#id.yhxodux8ibu5
Full Coverage
  • #284
  • May 17, 2011 6:47am May 17, 2011 6:47am
2011-05-17 eur / usd
Attached Image
  • #285
  • May 19, 2011 3:51am May 19, 2011 3:51am
Hi guys, I'm new here. Looking forward to perfecting my P&F skills and trading
  • #286
  • May 30, 2011 3:21am May 30, 2011 3:21am
Forex - USD/CHF weekly outlook: May 30 - June 3
Forex Pros – The broadly stronger Swiss franc surged to a record high against the U.S. dollar on Friday, as a combination of concerns over the outlook for U.S. economic growth and euro zone sovereign debt issues weighed on risk sentiment....
http://img41.imageshack.us/img41/2830/mane11may30.pnghttp://img218.imageshack.us/img218/2...g11may30tu.png
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https://docs.google.com/document/pub?id=14YIgWu6mqwm0AYkhG14x-1vwsygUUGs3krB4a1Q7iyA#id.ol9goxb58hae
  • #287
  • May 31, 2011 11:11am May 31, 2011 11:11am
Hi fteller
really intrigue by your calculation of the box sizes and reversal amount; and even more heartened that there are big-hearted traders who shared their knowledge selflessly

Like to check my understanding of your calculation of box sizes and reversal amount:

  1. You had replied to aybulat in #283 that timeframe does not affect your box size and reversal amount i.e. on the EURUSD pair for example, it does not matter if I am trading with a M15 or daily timeframe; I would still be using a box size of 20.
  2. Could you elaborate on why you use the three reversal amount of 2, 3 and 4 for comparison? How are these numbers derive?
  3. Could you share how you had arrived at the fraction of 1/3 of Open-Close or 1/6 of High-Low price to calculate the box size of each currency pair?

thank you in advance fteller. Your sharing has certainly grown my understanding of P&F charting!

  • #288
  • Jun 1, 2011 3:34am Jun 1, 2011 3:34am
Quoting ChartistLion
Hi guys, I'm new here. Looking forward to perfecting my P&F skills and trading
Hello, feel free to ask any questions here.
  • #289
  • Edited 1:30pm Jun 5, 2011 1:16pm | Edited 1:30pm
Hi guys,
I'm very new to point-and-figure and I use TradeStation charts. I thought the best way to put my question is to compare a regular USD/CAD chart from 5/20/2011 in my familiar 15mins intraday view, and then see how your point-and-figure chart looks like. I marked out the asian session from 5/19 5pmEST roll-over/settlement to 1amEST in blue box, and I ended the right side of my 15mins chart at 5/20 5pmEST.

I see a false move down at London open 3amEST (white arrow down), before turning up from 0.9640 lows. It then made 3 pushes (3 white arrows up) to the highs at 0.9770 area, ending with 4 pins much like double-top (2 pairs of green/red bars) before reversing down again at 11amEST (also in 3 pushes actually). There are entries in my current method on this USD/CAD chart, but I wanted to see how it looks like on point-and-figure chart. I was hoping someone would have time to show me the alternative view of this intraday move. If not, I apologize for the difficult request. Thanks.
http://4.bp.blogspot.com/-TR-hoOzaTq...600/USDCAD.png

P.S. I couldn't get TradeStation point-and-figure historical chart to work over the weekends, seems it required real-time plotting. I will certainly check this on Monday.
  • #290
  • Jun 9, 2011 11:58am Jun 9, 2011 11:58am
anyone ever find anything with verticle volume?
  • #291
  • Jun 10, 2011 2:24am Jun 10, 2011 2:24am
Quoting bstay2
Hi guys, I was hoping someone would have time to show me the alternative view of this intraday move. If not, I apologize for the difficult request. Thanks.....
Hello , this is how it looks:
from 01/06/2011

Attached Image
  • #292
  • Jun 10, 2011 5:26am Jun 10, 2011 5:26am
Quoting ipkissDC
Hi fteller
really intrigue by your calculation of ~~~~~~ of P&F charting!
I decided to use the average value of approximately 1000 entries for daily quotes.
http://img221.imageshack.us/img221/1...10120522se.gif
This decision came when I was searching for some consistency.
Why is 153 divided by 76 is approximately equal to 2, I do not know.
If on the other currency pairs to make similar calculations, the result will be 2. Magic numbers. :-)
=================
The best indicator for P & F made a puma, it fair!
http://img32.imageshack.us/img32/4739/mt11jun10.gif
Different materials on the euro recently.
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https://docs.google.com/document/pub?id=1fqx-sUKZqF5FCzJUFRnGwz6GSactFp1SPCwlWhzix8A#id.2h58o4ljrrdo
  • #293
  • Jun 13, 2011 5:06am Jun 13, 2011 5:06am
fteller how it's going? what is your results mate?
  • #294
  • Jun 14, 2011 1:02am Jun 14, 2011 1:02am
Quoting puma1
fteller how it's going? what is your results mate?
I did not understand you. English is not my native language. On the line which results in question? Sorry ...
=============
On the $index (DXY) in detail ....
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https://docs.google.com/document/pub?id=1fqx-sUKZqF5FCzJUFRnGwz6GSactFp1SPCwlWhzix8A#id.1wlhpdb82x3s
http://img684.imageshack.us/img684/9035/mt11jun14.png
  • #295
  • Jun 28, 2011 3:42pm Jun 28, 2011 3:42pm
There is a program Bull's-Eye Broker. I recently downloaded the trial version.
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http://www.pointandfigure.com/
This link is working.
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http://www.pointandfigure.com/BEB/BEBV4.EXE
OR
Here's the link to your file:
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https://www.yousendit.com/download/MFo2b3BGeWFKV094dnc9PQ
File expiration date: July 4, 2011
http://img807.imageshack.us/img807/14/tb11jun281.png
Who has a test windows 7 please. Works or does not work with this system.
USDJPY charts with this program.
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https://docs.google.com/document/pub?id=1fqx-sUKZqF5FCzJUFRnGwz6GSactFp1SPCwlWhzix8A#id.5xfkhpioyjci
  • #296
  • Jun 29, 2011 2:04am Jun 29, 2011 2:04am
fteller hi , i meant how it's going on trading? Are the things going well?

* * *

MT4, SETUP: 10x3
Attached Image
  • #297
  • Jun 29, 2011 12:55pm Jun 29, 2011 12:55pm
Quoting fteller
There is a program Bull's-Eye Broker. I recently downloaded the trial version.
I had tried this software but I couldn't make it work with forex quotes, especially those with 5 decimals
  • #298
  • Jul 4, 2011 7:57am Jul 4, 2011 7:57am
Quoting KMidas
I had tried this software but I couldn't make it work with forex quotes, especially those with 5 decimals
Hi! Best of all I have are surfing with premium forex quotes metastock. But now I do not have subscriptions to these quotes. :-(

Use the format csv. It is easier to do. Here are my old notes. Comments in Russian, sorry. Use pictures, you'll understand.
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https://docs.google.com/document/pub?id=1lB9DzP5qWJPY3vXLataw41YlyFyzchQ1TWJ4ztxF8Lo
Import the data from the MT in the format csv. Convert the file so as an attachment. I think this is the easiest way. Bad English, sorry ...

You use the Windows 7?
Attached File(s)
File Type: zip USDJPY240.zip   30 KB | 433 downloads
  • #299
  • Jul 13, 2011 6:50am Jul 13, 2011 6:50am
The AUD/USD slumped heavily amid wide risk aversion on worsening growth outlook and deepening debt crisis in Europe with markets jittered that the contagion risk is rising and threatening Italy, the third largest economy in the euro area....
http://img3.imageshack.us/img3/3356/exut11jul13tb.png http://img52.imageshack.us/img52/6923/beut11jul13tb.png
Inserted Code
https://docs.google.com/document/pub?id=1r5tvs16QsoQfcng4CL1LxaWk5U9xx2XyLke4fv7UUdQ#id.b1uj2dsz6igc
  • #300
  • Jul 15, 2011 9:06am Jul 15, 2011 9:06am
Hi P&Fers,

Jeremy du Plessis, the author of The Definitive Guide to Point and Figure, will be appearing in a live webinar on FXStreet.com called The Bookshelf as his book was added to their selection of ‘books that provide the best value for currency traders’. This will be held on Tuesday July 26 at 11am.

Should be an interesting discussion between Goncalo and Jeremy. I'm looking forward to hearing the expert talk about how he uses P&F charts for the FX market. Have found his book to be one of the main things that convinced me to move from equities to FX.

Anyone else want to join? Here's the link, I've just registered:

Live - The Trader's Bookshelf: The Definitive Guide to Point and Figure by Jeremy du Plessis

Best,

Chartist Lion
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