Excellent for beginners! I wish I could give more thumbs up. Now I understand some things that I couldn't grasp from Tom Dorsey's explanations. And that's saying volumes because he's so good at it.
@terencefitzpatrick87352 жыл бұрын
My first PnF chart was for my weight loss program! It's phenomenal! Noiseless. Dramatically shows the tug-of-war between two forces: * My eagerness to lose weight * My resistance to dieting With investments, it's a contest between sellers and buyers.
@parthsingh2643 жыл бұрын
Thanks for the great wisdom .... and explaining the scanning tools ..
@brucewwilliamson3 ай бұрын
How about adding support and resistance levels?
@TheOpenCriticalmind3 жыл бұрын
Sorry noob question, are there any PnF charts for crypto and FOrex? :)
@michaels4255 Жыл бұрын
If not, you could always buy some graph paper at an office or school supplies store and do them by hand.
@TheOpenCriticalmind3 жыл бұрын
Hi, can I check if the basic members have all the functions that you mentioned in this video? especially the scan results 35:40
@StockChartsTV3 жыл бұрын
Hi Nasrul - All membership levels have access to our Pre-Defined scan results (Yes, even basic members!). You can learn more about what is included in each membership level here: schrts.co/KetKZIKQ We also offer a free 1-month trial that you can use to check out our service without a commitment to subscribe.
@TheOpenCriticalmind3 жыл бұрын
@@StockChartsTV Thanks!! Best 1hr of my week learning from you.
@dmartyn38095 жыл бұрын
Love PnF methodology!
@MarketStoic3 жыл бұрын
price level of 304 and 308 in Jan (1st month of the year), there were only 2 circles, how does that square with your traditional reversal of '3'?
@jamesstevens88223 жыл бұрын
The number "1" replaces the first letter "O" because it is the first entry for the month of January. Two "O"s go below it for the three box reversal. You do this for any month during which there is a box change to note a change in price. The first entry (up or down) for Feb will be 2 (followed by at least two "O"s), March will be 3, etc. When you get to Oct to Dec you'll use the letters A,B,C (instead of 10,11,12). A key rule of standard Point and Figure is requiring a minimum of three boxes move in prices to change a trend. This filters out the "noise", or small up and down movements in the stock price that cancel each other out and are ultimately insignificant in identifying a trend.
@StickMan...772 жыл бұрын
My 10 second point and figure chart repaints ,I'm using Tradingview ,and a repainting chart or indicators are useless they readjust to look perfect. Anyone with any info on this, thanks. I took a picture of the chart and in the morning the lines were different that's repainting and it sucks.
@michaels4255 Жыл бұрын
Tradovate repaints too, also repaints renkos. Thinkorswim rarely repaints renkos, but I don't think it has PnF. But if you are doing daily's, you could keep them by hand.