Attachments: Point & Figure Analysis

Point & Figure Analysis

#21
Jul 15, 2014 7:56am Jul 15, 2014 7:56am

Dindulkar
| Joined Oct 2013 | Status: P&F Trader | 151 Posts

EU & EJ 1Min Tf 1pip*3 reversal.. My First attempt in scalping by PnF..

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Name: EU 1 10_3.png
Size: 97 KB

#22
Jul 23, 2014 10:24pm Jul 23, 2014 10:24pm

draco76x
| Joined Jan 2009 | Status: Trader | 88 Posts

I have some problem on saving the files after the spreadsheet update, a error shown on the picture attached.

I don't know where did I go wrong, some currency pair had no problem but some currency pair like EURCAD had the error pops up.
Anybody can help??

Attached Image

#23
Jul 24, 2014 8:28am Jul 24, 2014 8:28am

Dindulkar
| Joined Oct 2013 | Status: P&F Trader | 151 Posts

Quoting draco76x

Disliked

I have some problem on saving the files after the spreadsheet update, a error shown on the picture attached. I don't know where did I go wrong, some currency pair had no problem but some currency pair like EURCAD had the error pops up. Anybody can help?? {image}

Ignored

Actually it has somethin to do with Timing.. Even i get tht before NY session n after its open am fine with it..
But its not a big prob.. jus end it & save it.. it is fine n correct.. Chk with current PA levels from the vertical charts u can see the update done correctly...
Glad tht someone is tryin to use P&F method... Will be waitin for posts & updates on the grp..

#24
Edited 9:04am Jul 24, 2014 8:30am | Edited 9:04am

Dindulkar
| Joined Oct 2013 | Status: P&F Trader | 151 Posts

Sorry couldn post anythin for few days due to illness..

EU 15Min Tf 10pip*3 reversal..

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Name: EU 15 100_3.png
Size: 80 KB

#25
Aug 1, 2014 1:09pm Aug 1, 2014 1:09pm

KinsaleForex
Joined Oct 2010 | Status: Looking at a few more charts... | 1,195 Posts

Any more charts Dindulkar? Would be nice to keep this thread ticking over. Could you perhaps explain more about where you are taking entries and why?

I'm changing to a different broker so have only been trading some demo stuff for the past couple of weeks.

Today was messy with NFP but here's a 10x3 1hr EU chart for the past few months.

Zones marked using cumulative volume and a few potential entry points depending on targets and what sort of R:R people look for.

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Name: 01-08-2014_EU1hrPnF.png
Size: 100 KB

#26
Aug 4, 2014 12:43am Aug 4, 2014 12:43am

Dindulkar
| Joined Oct 2013 | Status: P&F Trader | 151 Posts

AUDUSD 15Min Tf 5pip*3 reversal..

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Name: AUDUSD 15 50_3.png
Size: 71 KB

#27
Aug 4, 2014 12:53am Aug 4, 2014 12:53am

Dindulkar
| Joined Oct 2013 | Status: P&F Trader | 151 Posts

Quoting KinsaleForex

Disliked

Any more charts Dindulkar? Would be nice to keep this thread ticking over. Could you perhaps explain more about where you are taking entries and why? I'm changing to a different broker so have only been trading some demo stuff for the past couple of weeks. Today was messy with NFP but here's a 10x3 1hr EU chart for the past few months. Zones marked using cumulative volume and a few potential entry points depending on targets and what sort of R:R people look for. {image}

Ignored

Sorry KinsaleForex i couldnt make any charts.. Was very busy with other stuffs.. I trade basically from the Double Tops, Double bottoms & 45 Deg Trendline till the break.. Any Break i will chk in vertical charts for the strength of it.. I love this Chart because of R:R.. In the Prev Chart for eg. Double top is @0.9325 which is close of the price n thr is no close of price @ next level 0.9330. I wil enter @ top around give a 4 or 5 pip for wick considering ur spread from the broker.. Since ur entering almost @ the top it is almost risk free, only if thr is break of this top... Ur Targets can be had around potential support line.. One beauty of P&F is u can calculate ur targets from the Acc n Dist phase, but for tht u need to learn the book i mentioned... If am not finding any P&F traders here which also makes me sad tht i couldn have any discussions abt the charts..

#28
Aug 4, 2014 5:41am Aug 4, 2014 5:41am

KinsaleForex
Joined Oct 2010 | Status: Looking at a few more charts... | 1,195 Posts

Quoting Dindulkar

Disliked

{quote} Sorry KinsaleForex i couldnt make any charts.. Was very busy with other stuffs.. I trade basically from the Double Tops, Double bottoms & 45 Deg Trendline till the break.. Any Break i will chk in vertical charts for the strength of it.. I love this Chart because of R:R.. In the Prev Chart for eg. Double top is @0.9325 which is close of the price n thr is no close of price @ next level 0.9330. I wil enter @ top around give a 4 or 5 pip for wick considering ur spread from the broker.. Since ur entering almost @ the top it is almost risk free,...

Ignored

Well i'm happy to discuss charts as I haven't found many to talk to about it either! I personally prefer to use vertical counts instead of horizontal counts from accumulation and distribution phases. Perhaps I should use both but that is my preference. Trading double tops/bottoms is brave in my opinion which is why I stick to triple formations, I think they have a better reliability. Not that I have any data on that. I guess it comes down to what fits your strategy and what you find works for you. Unfortunately I can't draw 45 degree trends in Sierra Chart, but I don't really mind.

#29
Aug 4, 2014 7:40am Aug 4, 2014 7:40am

Dindulkar
| Joined Oct 2013 | Status: P&F Trader | 151 Posts

Quoting KinsaleForex

Disliked

{quote} Well i'm happy to discuss charts as I haven't found many to talk to about it either! I personally prefer to use vertical counts instead of horizontal counts from accumulation and distribution phases. Perhaps I should use both but that is my preference. Trading double tops/bottoms is brave in my opinion which is why I stick to triple formations, I think they have a better reliability. Not that I have any data on that. I guess it comes down to what fits your strategy and what you find works for you. Unfortunately I can't draw 45 degree trends...

Ignored

Double Tops n bottoms for short term Targets like for 20 to 25 pips.. Triples i do trade but it takes time to form but yes it has more reliablity.. I like trendlines since i can expect the high of the wave.. I will read tht situation in vertical charts n pull the trigger even if thr is no signals from the chart..

#30
Aug 11, 2014 11:48pm Aug 11, 2014 11:48pm

Dindulkar
| Joined Oct 2013 | Status: P&F Trader | 151 Posts

Quoting KinsaleForex

Disliked

{quote}Trading double tops/bottoms is brave in my opinion which is why I stick to triple formations

Ignored

Here is a potential Triple Top Formation for u..

AUDUSD 15Min Tf 5pip*3 reversal..

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Name: AUDUSD 15 50_3.png
Size: 74 KB

#31
Aug 11, 2014 11:56pm Aug 11, 2014 11:56pm

Dindulkar
| Joined Oct 2013 | Status: P&F Trader | 151 Posts

EURUSD 15Min Tf 5pip*3 reversal..

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Name: EU 15 50_3.png
Size: 75 KB

#32
Aug 13, 2014 8:29am Aug 13, 2014 8:29am

Dindulkar
| Joined Oct 2013 | Status: P&F Trader | 151 Posts

AUDUSD 15Min Tf 5pip*3 reversal..

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Name: AUDUSD 15 50_3.png
Size: 96 KB

#33
Aug 13, 2014 8:30am Aug 13, 2014 8:30am

Dindulkar
| Joined Oct 2013 | Status: P&F Trader | 151 Posts

EURUSD 15Min Tf 5pip*3 reversal..

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Name: EU 15 50_3.png
Size: 103 KB

#34
Aug 14, 2014 1:18am Aug 14, 2014 1:18am

Dindulkar
| Joined Oct 2013 | Status: P&F Trader | 151 Posts

USDCHF Daily Tf 10pip*3 reversal..

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Name: USDCHF Daily 100_3.png
Size: 107 KB

#35
Sep 20, 2014 9:19am Sep 20, 2014 9:19am

systematicfx
| Joined Jan 2013 | Status: Trader | 63 Posts

EURUSD: Short Term levels.
Support to watch 1.2805/10 - 1.2755 - 1.2665
Resistance: 1.2940/60 - 1.3000/35
To relieve the bearish pressure, we would need to go back above 1.2940/60 to test the more important 1.3000/35. Until then SELL rally ( ideally) with a S/L 1.2975 or 1.3055

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Name: EURUSD 20092014.png
Size: 57 KB

#36
Nov 10, 2014 10:34pm Nov 10, 2014 10:34pm

Dindulkar
| Joined Oct 2013 | Status: P&F Trader | 151 Posts

Hello everyone, sorry for not keeping the grp rolling.. Will be updating posts regularly from now on.. lets us share the knowledge together..

Found tht ninjatrader with fxcm accnt supports P&F charting, those who wanna use u can get thm & start using it.. very simple & easy to use with some features added to it...

#37
Nov 10, 2014 11:04pm Nov 10, 2014 11:04pm