Has anyone had any experiences with “Point and Figure” charts?
I’ve seen some interesting videos about it, albeit from people trying to sell the system. I tried to do some research on it, but am having trouble finding “independent” information.
Anyone on here know anything about P&F?
Dunno much about it. I spent a little time playing with the idea, but just got busy with other methods.
I did find this helpful.
Thank you for the link; it was a good read. The interactive component was particularly helpful (nothing like getting your hands dirty).
I found more discussion about P&F Charts here: Intraday Point and Figure Trading @ Forex Factory
A daily email newsletter focused on long-term growth, value, and income-generating stock investments.
[B]I would like to revive the topic.[/B]
There are many materials on indexes stocks and commodities …
For forex is very rare …
“P&F EURUSD15 Box Size 50X3 or(1.1%) HI/LO
Data 1.4281 - 1.2874 ~ 4.17 Month ~ 126.83 Day
Database 8629 records 1.39058 (Last Close)
2010-11-03 00~00
2011-03-09 20~00 (GMT+01:00) Paris
BJF TG FForeman chart”
[B]1.4300|~5O|||+|-0.13%|11.08%
1.4250|~1OO||x_o|0.22%|10.69%
1.4200|~15O||x_o+_______________________________________|0.57%|10.3%
1.4150|~2OO||x___x_o+|0.92%|9.91%
1.4100|~25O||x_o_x_o+|1.27%|9.52%
1.4050|~3OO||x_o_x_o++|1.62%|9.13%
1.4000|~35O||o___o+____________x|1.97%|8.75%
1.3950|~4OO||o+______________________x_v2.32%|8.36%
1.3900|~45O||======o=============+=======================+===========x=v2.67%|7.97%
1.3850|~5OO||o+________x+x|3.02%|7.58%
1.3800|~55O||o+_______x_o+x|3.37%|7.19%
1.3750|~6OO||o_x___x+x___x_o+x|3.72%|6.8%
1.3700|~65O||o_x_o_x_o+x_o_x_o_x___x___x|4.07%|6.42%
1.3650|~7OO||o_x_o_x_o+x_o_x_o_x_o_x_o_x|4.42%|6.03%
1.3600|~75O||o___o_x_o+x_o___o_x_o_x_o_x|4.77%|5.64%
1.3550|~8OO||o_x_o+x_____o___o_x_o|5.12%|5.25%
1.3500|~85O||o_x_o+x_________o_x|5.47%|4.86%
1.3450|~9OO||o___o_____x_______________x+x_________o|5.82%|4.47%
1.3400|~95O||o_x___x_o_________x___x_o_x+|6.17%|4.09%
1.3350|~1OOO|o_x_o_x_o_x_______x_o_x_o_x+|6.52%|3.7%
1.3300|~1O5O|o_x_o_x_o_x_o_____x_o_x_o_x+|6.87%|3.31%
1.3250|~11OO|___o_x_o_x_o_x_o_x___x_o_x_o+|7.22%|2.92%
1.3200|~115O|o_x_o___o+o_x_o_x_o_x+|7.57%|2.53%
1.3150|~12OO|o_x+o_x_o_x_o_x+|7.92%|2.14%
1.3100|~125O|_________o_x+o___o___o_x+|8.27%|1.76%
1.3050|~13OO|o_x+__________o_x+|8.62%|1.37%
1.3000|~135O|o+o_x+|8.97%|0.98%
1.2950|~14OO|+o_x+|9.32%|0.59%
1.2900|~145O|o+|9.67%|0.2%
1.2850|~15OO|_____________________+|10.02%|-0.19%
Column|||||||3_3_5_1_3_6_6_1_8_4_5_5_3_5_3_3_6_1_1_4_1_3_5_6_3_5_5_3_9_|
Count||||||||4_______5___________________O_1___O_______|[/B]
“P&F NZDUSD5 Box Size 20X3 or(0.79%) CLOSE
Data 0.7822 - 0.7322 ~ 1.61 Month ~ 49.01 Day
Database 12015 records 0.73951 (Last Close)
2011-01-24 07~30
2011-03-14 07~45 (GMT+01:00) Paris
BJF TG FForeman chart”
[B]0.7820|~2O|||x+___|0.03%|6.8%
0.7800|~4O|||+x_o++|0.28%|6.53%
0.7780|~6O|||x+x_o+x+|0.54%|6.26%
0.7760|~8O|||x_o+x_o_____x_o+__________________|0.79%|5.98%
0.7740|~1OO||x___x_o_x+x_o_x___x_o+|1.05%|5.71%
0.7720|~12O||x_o_x_o_x_o_x_o_x_o_x_o___+___________________________________|1.3%|5.44%
0.7700|~14O||x_o_x_o_x_o_x_o_x_o_x_o+|1.56%|5.16%
0.7680|~16O||x_o_x_o___o+o___o_x_o_______+|1.82%|4.89%
0.7660|~18O||x_o+o___o____+_____________________________|2.07%|4.62%
0.7640|~2OO||x+o_____x+|2.33%|4.34%
0.7620|~22O||x+o_____x_o+|2.58%|4.07%
0.7600|~24O||x+o_x___x_o+_______________|2.84%|3.8%
0.7580|~26O||o_x+o_x_o_x_o+|3.09%|3.52%
0.7560|~28O||o+o_x_o_x_o++|3.35%|3.25%
0.7540|~3OO||+________o___o_x_o+x+|3.61%|2.98%
0.7520|~32O||___________________________o_x_o_____________x___x_o+|3.86%|2.7%
0.7500|~34O||o___o_x___x_______x_o_x_o+|4.12%|2.43%
0.7480|~36O||___________________________o_x_o_x_o_x___x_o_x_o+|4.37%|2.16%
0.7460|~38O||o_x_o_x_o_x_o_x_o+o_x+|4.63%|1.88%
0.7440|~4OO||o___o_x_o_x_o_x+o_x_o_____x|4.88%|1.61%
0.7420|~42O||o___o___o+o_x_o_____x_o|5.14%|1.34%
0.7400|~44O||+o_x_o_x___x_o|5.4%|1.07%
0.7380|~46O||====================================================o===o=x=o=x=o=|5.65%|0.79%
0.7360|~48O||_______________________________________________________o_x_o_x_o|5.91%|0.52%
0.7340|~5OO||_______________________________________________________o___o_x+|6.16%|0.25%
0.7320|~52O||___________________________________________________________o+|6.42%|-0.03%
|||||||~54O||+|100%|-100%
Column|||||||2_9_4_6_5_3_3_7_7_3_4_6_1_3_5_7_1_3_4_4_4_3_3_5_3_4_8_4_6_3_4_6_4_|
Count||||||||2_______O________|[/B]
thanks mrs. tang to share a informative link . thanks a lot mate .
“P&F AUDUSD30 Box Size 43X3 or(1.34%) HI/LO
Data 1.0255 - 0.8946 ~ 6.41 Month ~ 195.23 Day
Database 6372 records 0.99501 (Last Close)
2010-09-01 03~30
2011-03-15 09~00 (GMT+01:00) Paris
BJF TG FForeman chart”
[B]
1.0277|~43|||+-0.21%|14.88%
1.0234|~86|||x+_________________+|0.2%|14.4%
1.0191|~129||+_________x_o+______x_______x+|0.62%|13.92%
1.0148|~172||_______________________x+x_o+x_o_x___x_o_x|1.04%|13.44%
1.0105|~215||_______x_o+______x_o+x_o_x_o_x_o_x_o|1.46%|12.96%
1.0062|~258||x_o+x_o_x+x_o_x_o_x_o_x_o|1.88%|12.47%
1.0019|~3O1||x_o+x_o_x_o_x___x_o_x_o_x_o_x_o|2.3%|11.99%
0.9976|~344||_x_______________x_o+____x_o_x_o_x_o_x_o+o___o+o|2.72%|11.51%
0.9933|~387||========x=o=x=======x===x=o=x=======x===x=o=x=o=x=o=x=+=======+===o=|3.14%|11.03%
0.9890|~43O||x___x_o_x_o_x___x_o_x_o_x_o_____x_o_x_o_x_o_x_o++_V3.56%|10.55%
0.9847|~473||_x_o_x_o_x_o_x_o_x_o_x_o_x_o_x___x_o_x_o_x_o+V3.98%|10.07%
0.9804|~516||x_o_x_o___o_x_o_x_o_x_o_x_o_x_o_x_o_x_o+V4.4%|9.59%
0.9761|~559||x_o_x_____o_x_o+o_x_o+o_x_o_x_o+?4.82%|9.11%
0.9718|~6O2||x___x_o+o_x+o_x+o___o_x+|5.24%|8.63%
0.9675|~645||x_o_x+o+____o+o_x+|5.66%|8.15%
0.9632|~688||x_o_x+++o_x+|6.08%|7.67%
0.9589|~731||x_o_x+o_x+___|6.49%|7.19%
0.9546|~774||x_o+____________________________o+|6.91%|6.71%
0.9503|~817||x++|7.33%|6.23%
0.9460|~86O||x_______________________________________________|7.75%|5.75%
0.9417|~9O3||x___________________________________________________________________|8.17%|5.26%
0.9374|~946||x___________________________________________________________________|8.59%|4.78%
0.9331|~989||x___________________________________________________________________|9.01%|4.3%
0.9288|~1O32|x___________________________________________________________________|9.43%|3.82%
0.9245|~1O75|x___________________________________________________________________|9.85%|3.34%
0.9202|~1118|x___________________________________________________________________|10.27%|2.86%
0.9159|~1161|x___________________________________________________________________|10.69%|2.38%
0.9116|~12O4|x___________________________________________________________________|11.11%|1.9%
0.9073|~1247|x___________________________________________________________________|11.53%|1.42%
0.9030|~129O|x___________________________________________________________________|11.95%|0.94%
0.8987|~1333|x___________________________________________________________________|12.36%|0.46%
Column|||||||1_4_8_4_6_4_3_6_5_3_4_6_1_9_4_5_3_7_9_4_1_1_6_5_4_3_7_5_4_4_5_5_4_5_|
Count||||||||8_______________________1_______________1_O_________________________|
[/B]
Is further down?
I think you need to prepare for long positions…
Trade Idea Sell (Stop Limit) at 79.80/80.00; Target: 83.00…
“P&F USDJPY240 Box Size1 140X3 or(3.59%) HI/LO
Data 110.66 - 79.821 ~ 31.53 Month ~ 959.83 Day
Database 4079 records 80.037 (Last Close)
2008-07-30 00~00 ~ 2.63 Years
2011-03-16 20~00 (GMT+01:00) Paris
BJF TG FForeman chart”
[B]
111.72|~114||+|-0.96%|39.96%
110.58|~228||x_+||0.07%|38.53%
109.44|~342||x_o_+____________________________________________________||1.10%|37.11%
108.30|~456||x_o+||2.13%|35.68%
107.16|~57O||o_x+||3.16%|34.25%
106.02|~684||o_x_o_+||4.19%|32.82%
104.88|~798||o_x_o___+_______________________________________________||5.22%|31.39%
103.74|~912||o___o+||6.25%|29.97%
102.60|~1O26|o_x+||7.28%|28.54%
101.46|~114O|o_x_o+_________________________________________||8.31%|27.11%
100.32|~1254|o_x_o_x+x||9.34%|25.68%
99.18||~1368|o_x_o_x_o+x___x_o_x+__|10.37%|24.25%
98.04||~1482|_____o___o_x_o_x_______x_o_x_o_x_o_x+|11.40%|22.82%
96.90||~1596|o_x_o_x_o_____x_o_x_o_x_o_x_o_x|12.43%|21.4%
95.76||~171O|o_x_o_x_o_____x_o_x_o___o_x_o_x_o+__________|13.46%|19.97%
94.62||~1824|o_x_o___o_____x_o_______o+o_x_o+__x+|14.49%|18.54%
93.48||~1938|o_x+o_x___x+o_x_o_x+x_o_x|15.53%|17.11%
92.34||~2O52|o_x+o_x_o_x+o___o_x_o_x_o_x_o|16.56%|15.68%
91.20||~2166|o+o_x_o_x+_______o_x_o_x_o_x_o+|17.59%|14.26%
90.06||~228O|+o_x_o_x+o_x_o_x_o_x_o+|18.62%|12.83%
88.92||~2394|_________________o_x_o_x+_____o_x_o___o___o|19.65%|11.4%
87.78||~25O8|o___o+______________o_x+o|20.68%|9.97%
86.64||~2622|+o_x+o|21.71%|8.54%
85.50||~2736|_________________________________________o+____o|22.74%|7.11%
84.36||~285O|+o_x?23.77%|5.69%
83.22||~2964|_____________________________________________________o_x_o^24.80%|4.26%
82.08||~3O78|_____________________________________________________o_x_o^25.83%|2.83%
80.94||~3192|_____________________________________________________o+o^26.86%|1.4%
79.80||~33O6|______________________________________________+_+^27.89%|-0.03%
Column|||||||3_6_3_8_4_1_8_5_3_9_5_5_1_4_5_4_3_4_3_5_4_1_7_4_5_5_4_1_3_3|
Count||||||||_____O_____________O_________________O___________1|
[/B]
Yes, yes, I know …
But only 10 pairs, and 20, 30 or 40 pips only …
EUR/USD;AUD/USD; GBP/JPY; GBP/USD; EUR/CHF; EUR/GBP; EUR/JPY; USD/CAD; USD/CHF; USD/JPY
But this is a useful resource. Thank you for reminding me!
Coordinated Yen…Consolidation?
Trade Idea: USD/JPY - Buy (Stop Limit) at 81.13; Target: 82.08 ; Stop:80.56 .
Large image [B]↓[/B]
http://img713.imageshack.us/img713/9086/usdjpy11m18.png
Don’t you think by not applying time, you’re losing a dimension??
Oh, and also, what’s the difference between p/f and renko??
See the table below the chart.
What it does not suit you?
Large image and Excel chart Zip file. [B]↓[/B]
https://docs.google.com/leaf?id=0BxxKzvQ2GlM8MmNlZDU4MDktZTY2MS00M2EyLThlY2YtOGFjOTgxYzIxZjU2&sort=name&layout=list&num=50
The table shows the beginning of the upward movement and the beginning of downward movement.
In addition the table shows the quantity of motion (pips) and the time during which there was a movement.
Renko separate issue. Need to create a chart then compare.
I know Renko, but I do not use it.
[B]Trade Idea: GBP\USD - Sell Stop at 1.6259; Target: 1.5961; Stop: 1.6351.[/B]
Big Picture full size ↓ and Exel chart.
http://img846.imageshack.us/img846/7990/big11m22.png
^^^ pic.; Excel file vvv
https://docs.google.com/leaf?id=0BxxKzvQ2GlM8M2Q5NDRmMTctYmNmMC00OTI3LTlmM2ItOGEyZTA1MjI2YjFm&sort=name&layout=list&num=50
Enlarge this image
Excel file
~~~>https://docs.google.com/leaf?id=0BxxKzvQ2GlM8ZTk2ZjNkOWEtMWJmOC00ZGUzLTkxMDgtNTI0YTA0MDE4MDNk&sort=name&layout=list&num=50Trade Idea: NZD/CAD - Sell(Stop) at 0.7364; Target: 0.7214 ; Stop: 0.7441.
[B]I turn bearish on NZD/CAD.[/B]
I’m afraid of a bull trap…NZDCAD=NZDUSD X USDCAD
where do you get your charts from looks very interesting?
The very old program (the author was lost) XLChartPro. You can use other programs. You can use the indicators for MT…
Russian program RUMUS2 well does this chart…Is not very popular program. If you want it XLChartPro I’ll send as is.