Trading with point and figure

[Dentalfloss]

Many thanks DF, it's complicated by the fact that there are two variables (box size and reversal). I'm just keeping reversal to 3 at the mo, to try and simplify the process. I suppose you have to ask yourself: Given your style of trading, your take profits and your stops and the current volatility, how many points do you consider to be a significant reversal? To me this would be 15-20 points.

Dont limit yourself to 3 reversal...that is only good for picking up supp/rez

THE real meat is 1 rev....to get the price movement..ie the trading signals

 

[Dentalfloss]

stayed green

 

[Dowser]

Dont limit yourself to 3 reversal...that is only good for picking up supp/rez

THE real meat is 1 rev....to get the price movement..ie the trading signals

Gold dust, many thanks

 

[Dentalfloss]

maybe ....we get green

 

[Dentalfloss]

Gold dust, many thanks

Please.....please....please dont rely on levels............trade the price action
that means.....who has control
buyers or sellers..??

 

[Dowser]

Please.....please....please dont rely on levels............trade the price action
that means.....who has control
buyers or sellers..??

Loud and clear

 

[Dowser]

ProRealtime doesn't render 1 box rev charts properly. Will have to find something else...

 

[Dentalfloss]

 

[Dentalfloss]

and dump

 

[Dentalfloss]

ProRealtime doesn't render 1 box rev charts properly. Will have to find something else...

use 2..and go down a point size

 

[Dentalfloss]

UGH..........

 

[Dentalfloss]

could get messy..trying to find direction

 

[Dentalfloss]

 

[Dentalfloss]

 

[Dentalfloss]

stops very tight

 

[Dentalfloss]

 

[Dentalfloss]

 

[Dentalfloss]

 

[Dentalfloss]

 

[Dentalfloss]