Trading with point and figure

[Moneylender]

playing with ~Renko charts as well for comparison.

 

[timsk]

playing with ~Renko charts as well for comparison.

Hi Moneylender,
Welcome to my (Renko) world!

One thing though, your chart has 'Box 10' written on it, implying each box/brick is 10 points. My guess is that each one is nearer 2 points, no?
Tim.

 

[Moneylender]

Tim your probably right, still playing with it!

At the moment it appears to be stuck at price 11381.
Will drop you an Email once I have susswed out the prob

 

[Moneylender]

325 is previous breakout/res area

 

[Moneylender]

Sorry guys T2W is virtually unuseable today for me, just cannot refresh at all

 

[timsk]

Sorry guys T2W is virtually unuseable today for me, just cannot refresh at all

The site's under attack Moneylender - we're all in the same boat. Sharky and the tech boyz are onto it - normal service will be resumed asap.
Tim.

 

[Atilla]

Sorry guys T2W is virtually unuseable today for me, just cannot refresh at all

Did you turn your xmas tree lights on today?

 

[Atilla]

The site's under attack Moneylender - we're all in the same boat. Sharky and the tech boyz are onto it - normal service will be resumed asap.
Tim.

Okaaayyyy....

Did you guys turn on your xmas lights in the office by any chance??? :cheesy:

 

[timsk]

. . . At the moment it appears to be stuck at price 11381. . .

That usually means your Offline Renko chart isn't referencing the data from the 1M chart that you applied the EA to. Check that the latter is open and that the 'Allow DLL Imports' box is checked.
Tim.

 

[timsk]

As today has been a bit messed up (on T2W I mean) by the site coming under attack, here's something not often seen in the TA world . . .



The chart on the left is a Renko chart expressed as a line. In other words, I've removed the 'bricks' and replaced them with a 1 period moving average. The chart on the right is a 'bog standard' line chart. I've used the one hour timeframe as that is the best fit to approximate the same amount of info' as can be seen in the Renko line chart.

Is it of interest or value? You decide!
Tim.

 

[Atilla]

fwiw DAX PP-S1 @ 11265, give or take a 20 seems to have held.

spx & dow continuing with rises and I'd guess DAX will follow. Was expecting it to test 11445 but perhaps it may do tomorrow. RSI also looking positive for the DAX on the 1H charts.

 

[Moneylender]

Morning, into the open, up or down?

 

[Dentalfloss]

 

[Moneylender]

dax pp's

 

[Dentalfloss]

2 main areas
11350-11390/red
11180-11200/green
there are other horizontal supp/res areas not shown

same data..justc hanged reversal to 2
eliminate rubbish

 

[Moneylender]

spx

 

[Dentalfloss]

micro caps gone crazy
ITMS sayin that a market crash usually happens in the near future
perhaps in January
last time seen 2007

 

[Dentalfloss]

11340 area /prev breakdown..poss res
a pivot area aswell

 

[Dentalfloss]

horizontal res starts at 2112...up to 2120
spx
needs to take out 2104...that needs to be supp first..imho

 

[Dentalfloss]

1 min over last 24 hours