P&F Setup
by PRASHANT SHAH -
P&F Setup P&F setup is a very simple method designed using unique, simple yet smart features of P&F charts. It is applicable on all charts and all time frames. P&F setup consists of two components: Pattern and Trend. Patterns Patterns in Point& Figure chart can be clearly defined as bullish or bearish. All major patterns ... Read more
Pattern Cluster
by PRASHANT SHAH -
We discussed the concept of pattern cluster in Chapter 5. The best trades can be generated when there is a significant pattern visible across different box-values, especially when there is a breakout pattern on higher box-value and some failure formation in the lower box-value or time frame. When setup has got breakout and failure as ... Read more
Trading Pattern Failure
by PRASHANT SHAH -
Failure It may be recalled that the conditions that trigger a pattern failure were discussed along with the pattern concerned. Objectivity while defining the patterns helps in clearly defining the failure criteria as well. A Failure or negation of a pattern is a significant piece of information that should not be ignored. Negation of bullish ... Read more
