PA, S/R, ZL, EXTREMES & MOMO

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newscalper
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Postby newscalper » Thu Sep 01, 2011 11:32 am

Fine, but where was the entry. Price & time. I can see what price the entry was, what time was it. Otherwise how is anyone to know the basis of analysis? How many bars have since bisected that line??

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Belkin
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Postby Belkin » Thu Sep 01, 2011 12:22 pm

Today is MO's oficial return.

I am sure he will keep helping us to become profitable

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TygerKrane
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Postby TygerKrane » Thu Sep 01, 2011 1:04 pm

TygerKrane wrote:
dojirock wrote:hey guys,

found this reading on Point & Figure, it may help some to get ready for MO's lessons in September.

Unless i missunderstood?

well drop me a pm...and include your email...it is too big of a pdf to attach here. I will be glad to send it to anyone that wants it.


dojirock

doji,
You can make a free, and minimal-info-necessary-to-sign-up account here (they handle large files), and after you upload it there, you get a link to post around:

http://www.4shared.com/


I already have an account, if you want you can email it to me and I'll make a link.


~Krane

::EDIT::
LOL, I just read MO's post about laying off the P&F :lol:

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**Krane catches Tyger** !>I'm here to chew bubble gum and make major pips...and I'm all out of bubble gum.<!

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1992 DREAM TEAM
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Postby 1992 DREAM TEAM » Thu Sep 01, 2011 11:02 pm

If you are using MBT, there is a point and figure plugin for mbt desktop pro. Not a one step reversal but it's helping me draw by hand faster.


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MightyOne
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Postby MightyOne » Fri Sep 02, 2011 5:31 am

Plot from tick data or second/minute bars.

The High/Low or Close method is not worth my time.

I use a 5 x 2 & a 10 x 2 for everything up to the weekly level.

I hear that 10 x 3 is popular but I'd rather increase the box size than go beyond a 2-box.

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MightyOne
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Postby MightyOne » Fri Sep 02, 2011 5:37 am

Jalarupa wrote:NS with this strategy, one enters on a line... If price closes over a line after your entry in relation to your line, then you are either in the money or out of pocket.

Your options are then to add on the pull backs or subtract on the pullbacks - or exit to forego further loss or exit to take some off the table.

MO always says it doesn't matter if you are right right away, as long as you are right in time... Or something to that effect...

I often have price going against me for hours until she finally turns and shows her true ways.


S&R is a line which price can cross but no t close beyond.

If your trade is based on a three-hour CC then you cannot be wrong until a three-hour CC closes.

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PebbleTrader
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Postby PebbleTrader » Fri Sep 02, 2011 11:29 am

You guys should check out Bredin's new video he did on 3 X CC...

Sounds like there will be more to come.
Life is just a journey

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Jalarupa
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Postby Jalarupa » Fri Sep 02, 2011 1:41 pm

MightyOne wrote:
Jalarupa wrote:NS with this strategy, one enters on a line... If price closes over a line after your entry in relation to your line, then you are either in the money or out of pocket.

Your options are then to add on the pull backs or subtract on the pullbacks - or exit to forego further loss or exit to take some off the table.

MO always says it doesn't matter if you are right right away, as long as you are right in time... Or something to that effect...

I often have price going against me for hours until she finally turns and shows her true ways.


S&R is a line which price can cross but no t close beyond.

If your trade is based on a three-hour CC then you cannot be wrong until a three-hour CC closes.


My problem it seems is; I'm always a little early to the party... :cry:

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Jalarupa
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Postby Jalarupa » Sun Sep 04, 2011 5:33 am

I'm sure many of you have already played with these MT4 P&F indi's

http://www.forexfactory.com/showthread.php?t=86244

http://www.forexfactory.com/showthread.php?t=19253

If not here they are...

[edit] so far as I've seen this one is the best...

http://www.forexpnf.info/point-and-figure/

there is a free one on the site... haven't looked into the paid for version yet...

Exciting stuff! :D

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pp2
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Postby pp2 » Sun Sep 04, 2011 11:22 am

Jalarupa wrote:Exciting stuff! :D

Image


Gorgeous chart Jal, simplicity is the best! :D

I want to ask --- are you planning to use point and figure in a major way, maybe to complement some of your main methods? It'll be pretty cool to have a new kreslik thread for P&F with someone knowledgeable leading the way --- just a suggestion and thanks :)

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