Point and figure chart analysis...!

[sherbaaz]

Hi,
Posting the 1M chart @ EOD ...During the weekend i will try to start a new thread on Intra day trading with pnf in members read only thread...you can ask the questions if any in this thread....
Enjoy the nice long weekend,
Regards,
praveen:clapping:

is this a real time 1 minute chart? i have downloaded it from the link given by you but its and eod pnf chart link.
where to get pnf chart for intra day ?

regds,
s

 

[praveen98]

is this a real time 1 minute chart? i have downloaded it from the link given by you but its and eod pnf chart link.
where to get pnf chart for intra day ?

regds,
s

Hi Sherbaaz,
It can draw intra day chart also but you have to paste the data in sheet 2. I am saving data in excel sheet from NOW/NEST trading platform and then copy pasting the data from that sheet to the pnf sheet....
It seems you have assumed that it will draw intra day chart automatically....that is not the case...
To get automatic charts you can use Pi from zerodha...or use a commercial software like Define edge Trade point software , Amibroker with AFL given in the same thread in earlier pages by Lincon sir with GDFL data, Bulls eye broker5 with GDFL data or Updata Trader Pro with e Signal data....
The last one is the best choice but pricey....
Bulls eye broker5 with GDFL data costs you around 3k to 4k per month but be wary their customer support is very very bad...I have a very bad experience with them...
Define edge is technically drawing pnf charts alright but appearance wise need lots of improvement.....
I am not impressed with pi pnf chart...the AFL given in this thread draws pnf charts but i think some technical incorrectness in the charts...
If you can afford Updata Trader pro is the best ...
If you can not afford and actively trade only one instrument like Nifty futures then you can chat it manually...surprised!! yes manual charting on a graph sheet can make you understand the intricacies of the chart ...and keeps you focused.
Happy trading:thumb:

 

[praveen98]

 

[praveen98]

 

[praveen98]

Hi guys,
NF OCT @ 11'o clock 3X3 HL one minute chart...

Sorry guys my apologies i could post only link to the image
Happy trading,
praveen

 

[timepass]

reposting the image

 

[praveen98]

reposting the image

Thank you time pass...i don't know why image posting is not working with screencast.com...i will go through the links provided by you in the evening and learn the correct way of posting images directly from a 3rd party website...

Here is NF 3X3 HL 1M chart @12.35

http://screencast.com/t/0kcZMxohU

Happy trading...

 

[praveen98]

Hi guys,
A good trending day...Hope all of you made some good money...

Here is the NF OCT 3X3 HL 1Minute chart @market close

http://screencast.com/t/cvmTY79QTS

We can see from the chart how strong trending day is today...The Bullish support line held till the end....not even closely under threat except at one point during the day....

Regards,
praveen:clapping:

 

[praveen98]

Hi Sherbaaz,
It can draw intra day chart also but you have to paste the data in sheet 2. I am saving data in excel sheet from NOW/NEST trading platform and then copy pasting the data from that sheet to the pnf sheet....
It seems you have assumed that it will draw intra day chart automatically....that is not the case...
To get automatic charts you can use Pi from zerodha...or use a commercial software like Define edge Trade point software , Amibroker with AFL given in the same thread in earlier pages by Lincon sir with GDFL data, Bulls eye broker5 with GDFL data or Updata Trader Pro with e Signal data....
The last one is the best choice but pricey....
Bulls eye broker5 with GDFL data costs you around 3k to 4k per month but be wary their customer support is very very bad...I have a very bad experience with them...
Define edge is technically drawing pnf charts alright but appearance wise need lots of improvement.....
I am not impressed with pi pnf chart...the AFL given in this thread draws pnf charts but i think some technical incorrectness in the charts...
If you can afford Updata Trader pro is the best ...
If you can not afford and actively trade only one instrument like Nifty futures then you can chat it manually...surprised!! yes manual charting on a graph sheet can make you understand the intricacies of the chart ...and keeps you focused.
Happy trading:thumb:

@ Sherbaaz,
Seems Fcharts PRO is a viable alternative ....even though i have never tried that ...Fcharts PRO with Josh sirs utility for data feed, we should give a try...but unfortunately Fcharts PRO they are not giving free trial...If you know any body using Fcharts PRO try once...and let me know how the charts are? and if possible please take some screen shots...
Regards,
Praveen:clap:

 

[sherbaaz]

@ Sherbaaz,
Seems Fcharts PRO is a viable alternative ....even though i have never tried that ...Fcharts PRO with Josh sirs utility for data feed, we should give a try...but unfortunately Fcharts PRO they are not giving free trial...If you know any body using Fcharts PRO try once...and let me know how the charts are? and if possible please take some screen shots...
Regards,
Praveen:clap:

Hi,

Thanks for the info.

Regards,
S