image 10x3 provides the big picture with the higher lows tendency image the 5x3 provides an earlier entry at the continuation of the bullish tendency

Point & Figure Analysis

image image This is the same chart with the main waves. Analyzing the sequence of higher lows and lower highs can help identify when such a wave might end. This type of clear movements can't be found on all pairs at all time, this is something I ...

Point & Figure Analysis

I was talking in general about algos. Personally I like to keep it simple and go back to the basics when I look at how the market moves: higher highs/higher lows or lower highs/lower lows and try to figure out when a wave ends if that pattern of ...

Point & Figure Analysis

Not all markets will behave so nice every day but when a pair is acting like this if you let the profits run they will cover the losses and leave you with a decent return on investment. eurjpy 5x3 with high/low image I guess the big challenge is ...

Point & Figure Analysis

Here is the main idea of what kind of bullish/bearish reversed patterns I am looking for. image image The 1H chart just shows the bigger picture but the entry with bullish reversed with the data for 3 or 5 minutes seems better to me. image ...

Point & Figure Analysis

My plan is to find bullish/bearish patterns reversed, with clear higher lows or lower highs and wait for a change in that tendency. I like to use close data to filter out the noise and potential false signals. Unfortunately this means I can't use ...

Point & Figure Analysis

It says in the book that it is advised to try different box sizes and look for a setup that provides the kind of information you are looking for. It is also recommended to use multiple charts with different setups for a better analysis/perspective. ...

Point & Figure Analysis

Thank you for your advice. I see there are several subjective trend lines in the charts in the book as well.

Point & Figure Analysis

At first I thought what I drew was at 45. After a closer look I realized that you are indeed right.

Point & Figure Analysis

Thanks for clearing that out kinsale. In that case I saw the price bouncing hundreds of pips from the trend line and I thought it was relevant. As I said, I need to continue reading the book in order to figure out exactly how these charts should be ...

Point & Figure Analysis

I am starting to really like these charts. I am only starting chapter 3 of the book, can't wait to read it all so I could understand better how to trade with them.

Point & Figure Analysis

Just noticed this trendline.

Point & Figure Analysis

I will read the book. It's quite interesting.

Point & Figure Analysis

I had it all wrong then. I misunderstood the concept. Now I like the idea even more.

Point & Figure Analysis

I see that some consider the .20-.40 box to be the .20 box while others consider it to be the .4 box. The label is not that important that's why I mentioned the ranges. Either I did not understand correctly the method described on stockcharts or it ...

Point & Figure Analysis

Last column is with X, last box is [182.00-182.2]. Next candle high is 182.205 or 182.21. Do you draw another X for box [182.2-182.4]? I was thinking that maybe such a small difference of just a pip or half of pip could be ignored especially as such ...

Point & Figure Analysis

Thanks for the help kinsale. I was using the tablet version of interceptor and I did not find the option to change the settings for the p&f chart. I was also suspecting my methods to have errors. I still don't know how to treat the smaller ...

Point & Figure Analysis

I haven't read the book yet.

Point & Figure Analysis

I use pen and paper for my charts but I copied this one into excel so I could post it here. image What I see on interceptor is different. Maybe it uses 20x2 ? image I am using the methods described on stockcharts. I haven't read yet any other ...

Point & Figure Analysis

I am using 20x3 for gj

Point & Figure Analysis