PA, S/R, ZL, EXTREMES & MOMO

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Jalarupa
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Postby Jalarupa » Thu Sep 15, 2011 7:21 am

Is it just me or does your data look very similar to my data?

Will have to have s closer look when I get back to the office...
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Postby PebbleTrader » Thu Sep 15, 2011 7:32 am

I just compared mine with yours and there is definitely a difference. Overall it captures the same "shape" though.

Could it be that your data feed is that much different or the indi is not correct?

The only way to find out is to plot one out manually and compare it against your indi with the SAME DATA!

I have included the breaches in mine so I can tell if the indi is using breaches or not...

But the breaches also gave me an idea :idea:
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Postby adaseb » Thu Sep 15, 2011 7:59 am

I really don't get it how you guys can read any of these P&F charts and trade off them.

But if you want P&F charts with raw tick data then download Ninjatrader 7, get a free demo account at Mirus Futures or AMPED futures and plot P&F on that.

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Postby PebbleTrader » Thu Sep 15, 2011 8:08 am

Image

Think about it for 5 minutes and then present your top ideas to us :)
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PebbleTrader
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Postby PebbleTrader » Thu Sep 15, 2011 8:10 am

"But if you want P&F charts with raw tick data then download Ninjatrader 7, get a free demo account at Mirus Futures or AMPED futures and plot P&F on that."

Thanks for the suggestion!
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Jalarupa
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Postby Jalarupa » Thu Sep 15, 2011 8:11 am

Stop hunting...

;)

Thanks for the help adaseb will look into a demo of the ninja trader.
"our deepest fear is not that we are inadequate... our deepest fear is that we are powerful beyond measure... It is our light, not our darkness that most frightens us..."

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PebbleTrader
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Postby PebbleTrader » Thu Sep 15, 2011 8:13 am

"I really don't get it how you guys can read any of these P&F charts and trade off them."

Not trading off of it. It's just a new "tool" in my "toolbox" that helps me build :)
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adaseb
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Postby adaseb » Thu Sep 15, 2011 8:24 am

Instead of currencies try these P&F plots on either Gold (GL) or Crude Oil (CL)

Those tend to respect S/R more.

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Postby dchappy » Thu Sep 15, 2011 8:54 am

PebbleTrader wrote:"I really don't get it how you guys can read any of these P&F charts and trade off them."

Not trading off of it. It's just a new "tool" in my "toolbox" that helps me build :)




Do you find an advantage on P&F charts , over renko or range charts ??

Which also do not use Time in thier make-up ?

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PebbleTrader
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Postby PebbleTrader » Thu Sep 15, 2011 9:32 am

Until MO started posting them, I had always purposely ignored anything that removed time. (It always amazes me how hard minds can be to unlock)

I only know of a brief overview of the alternatives, but hopefully some of the other guys can chime in...
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