P&F charts suck, don't use them...

[zhaozilong]

Homework Assignment for zhao (no one else is allowed to answer)

Your options to choose from are:
-SUPPLY
-DEMAND
-POINT OF CONTROL (I know you know this one)
-MINOR ACCUMULATION
-DISTRIBUTION



A = ?
B = ?
Z = ?
X = ?

zhao, we promise we won't laugh if you guess wrong.

A = Distribution
B = Point of Control
Z = Supply
X = Demand

Many thanks.

-zhao

[bredin]

point made ??

G.

[zhaozilong]

Exactly Like Seiden, no different to any other S/D method.

I have not used the II_SupDem indicator in a very long time

Perhaps you could check it out, I'd hate to do too much work

G.

Hello Bredin or anyone,

is it possible to post a chart showing supply/demand zones for a PnF chart? not sure how to spot such zones in a PnF chart.

thanks.

-zhao

The same rules apply as with timed candles.

heres a markup of AU 10x2



see how its the same as normal??

G.

many thanks, Bredin.
I usually trade using standard PnF patterns if i use PnF charts. something new for me to think.

best regards.

-zhao

[PebbleTrader]

"A = Distribution
B = Point of Control
Z = Supply
X = Demand

Many thanks.

-zhao"

zhao, Not the answers I was looking for. Think in terms of the horizontal lines that are by each marked letter.

The X's being the upper most price level = ?

The Z line which is just above the point of control which is marking all that congested area = ?

[zhaozilong]

hello all,

here is a nice introduction to PnF from FXstreet.


1 X Box Chart

PnF Multiple Box Reversals

PnF Basic Signals

Interview with Jeremy Du Plessis

[PebbleTrader]

One more clue,

DEMAND is NOT one of the answers

[PebbleTrader]

Thanks for the links

[PebbleTrader]

Book

[zhaozilong]

"A = Distribution
B = Point of Control
Z = Supply
X = Demand

Many thanks.

-zhao"

zhao, Not the answers I was looking for. Think in terms of the horizontal lines that are by each marked letter.

The X's being the upper most price level = ?

The Z line which is just above the point of control which is marking all that congested area = ?

Hello PebbleTrader,

A =Distribution
X = Supply
Z = minor accumulation?

thanks.

-zhao

[PebbleTrader]

Those answers look better

Think of the A-Z area all as being distribution.