at 5:07 you say that to switch column atleast 3 x or O's are needed,but what if price doesn't increase or decrease next day,or only increase/decrease is of two dollars.
Great video, good intro. I plan to buy books on this form of charting. Understanding this is the key to being a profitable trader. My attention turned to PnF because I came to realsie that when you trade, you actually trading Supply and Demand. This is a very important concept. I would advise all to read up on Economic 101. I've just started experimenting with PnF on the FX Market. I prefer them to all other charts, that includes candlesticks.
Oh hai! Have you heard about the British Box Breakout (just google it)? Ive heard some unbelivable things about it and my sister made tons of cash.
jominujkable 3 months ago
at 5:07 you say that to switch column atleast 3 x or O's are needed,but what if price doesn't increase or decrease next day,or only increase/decrease is of two dollars.
khanpreston1 8 months ago
Great video, good intro. I plan to buy books on this form of charting. Understanding this is the key to being a profitable trader. My attention turned to PnF because I came to realsie that when you trade, you actually trading Supply and Demand. This is a very important concept. I would advise all to read up on Economic 101. I've just started experimenting with PnF on the FX Market. I prefer them to all other charts, that includes candlesticks.
princefxable 1 year ago
Real nice!!! tks for your videos!
721tri 1 year ago
good video...simply explained....thanks Steven
888JCG 1 year ago
thanks for the video.. basic and good explaination
MahmoodAB 1 year ago
Another way to get the point and figure charts is the bulls eye broker software, I think it is much better. Point and figure rules actually.
cashman418 2 years ago
Steve
Thanks for the video, very interesting
However, I can't for the life of me understand why the blue line is where its at,I sould think it would connect with the bottom of the all the rows.
Rich
Rich2841 3 years ago
Also, check out USO today, your stop loss was a good call for such a terrible week the market had..
Rich
Rich2841 3 years ago