PA, S/R, ZL, EXTREMES & MOMO

paweldobkowski · Post by **paweldobkowski** » Tue Sep 13, 2011 9:43 am

JForex? I think I might know You from polish forum :wink:

Amazing trading Jal! I couldn't put my finger on why price reversed on that first one. Now I see. It was a Dragon style pullback. Thanks.

Besides few trades at night I only took one trade today in the morning and I'm done.

I got in right from the top on M5 and closed it on ZL 100+ pips away. Great day.

PebbleTrader · Post by **PebbleTrader** » Tue Sep 13, 2011 10:10 am

EUR/USD

10 X 2

30s chart

PebbleTrader · Post by **PebbleTrader** » Tue Sep 13, 2011 11:01 am

Here is the indi, with the exact same information as my hand drawn PnF:

Pewex · Post by **Pewex** » Tue Sep 13, 2011 11:02 am

paweldobkowski wrote:JForex? I think I might know You from polish forum

Well, your nick looks familiar ...

PebbleTrader · Post by **PebbleTrader** » Tue Sep 13, 2011 11:03 am

I'm trying to find an indi that will match the hand drawn PnF's.

Looks like Cute PnF will be getting tossed in the trash!

I could not find the "trojan" PnF, searching on Google, do you have a link?

Jalarupa · Post by **Jalarupa** » Tue Sep 13, 2011 11:04 am

Thanks PT,
Just the info I'm looking for... Glad the indi is bonafide in its data capture... Cause I'm seeing some awesome stuff in its application...

Edit - so its wrong...

Pity...

PebbleTrader · Post by **PebbleTrader** » Tue Sep 13, 2011 11:59 am

It has the same basic "shape", but it does not match.

It should more or less look exactly like the hand drawn one.

It is off enough, that it really makes me question how it is even drawing the boxes.

Then there is the issue with it "morphing" the shape as time goes by.

Also I have seen "spikes" on the cute PnF that did not occur on the time based chart.

I haven't found an indi that works yet.

PebbleTrader · Post by **PebbleTrader** » Tue Sep 13, 2011 1:13 pm

Here is FXI Point & Figure:

EUR/USD

This is the exact same time range as the others I posted above. (This should match the others, box for box)

PebbleTrader · Post by **PebbleTrader** » Tue Sep 13, 2011 1:15 pm

We need TRO to code us an indi that matches hand drawn P&F!

PebbleTrader · Post by **PebbleTrader** » Tue Sep 13, 2011 1:40 pm

MO,

Is this how you are thinking when you draw your PnF by hand?

This is MB Nav Pro, 30s chart with 10's, EUR/USD, 10x2: