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sharehunter
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Hi Blott! In stock market, i do a research on wyckoff method and using it as my main method now. as i know Tom Wiliam said that we can use esignal tick volume with the meaning as real volume in stock market so i would like to know what is tick volume and why is tick volume in forex market same meaning with real volume in stock market. really, until now, i still dont understand clearly
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Thanks PFtrader, it is real good news. could you please tell me how to join this test. I wanna to join this test
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Dear Friends! Point and Figure is an important part of my method. For stock trading I use an excellent software which named “Bull’s Eye Broker”. Unfortunaly, this software don’t support realtime data feed and only support EOD data in which I also begin to trading forex now. If you know, please kindly introduce to me software which support Point&Figure, realtime data feed. It is more excellent if it also support Wyckoff Point& Figure chart Many many thanks for your helps the bellow is short desciption about Wyckoff Point&Figure The Wyckoff method is a special type of point & figure chart. It uses a single box reversal instead of the more common three-point reversal. It also varies from the standard point & figure chart because it can contain both X’s and O’s in the same column. This will occur whenever there is only a single entry made in a column. For example if we had a single X in a column followed by 3 O’s, the O’s will be displayed in the same column as the X. In a Wyckoff chart there must always be more than one entry in a column. Let's take an example. The box size for these values is $1.00. Note that a Wyckoff chart can also use high and low data, but for clarity we have selected closing price data only. Date Day Close 10/02/98 Tue 55.00 11/02/98 Wed 57.00 12/02/98 Thu 56.00 13/02/98 Fri 57.00 16/02/98 Mon 58.00 17/02/98 Tue 59.00 18/02/98 Wed 56.00 19/02/98 Thu 57.00 20/02/98 Fri 56.00 23/02/98 Mon 57.00 24/02/98 Tue 56.00 On 11/02/98 the chart rose from $55 to $57. This resulted in 3 X’s being plotted in the first column. The very next day there was a pull back of one box to $56. Because we are using a one-point reversal, we move to the next column and plot the single O. The next day the price rises again to $57. This again is a reversal, however we do not move to the next column because we have only made one entry in the current column. The upward movement continues until the chart reaches $59 on 17/02/98. Continuing to plot the data in this fashion will produce the chart below: $60.00 $59.00 X $58.00 X O $57.00 X X O X X $56.00 X O O O O $55.00 X Other than the two requirements described above, the Wyckoff point & figure chart uses the same principals as a standard three-point reversal chart
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Dear Friends! Point and Figure is an important part of my method. For stock trading I use an excellent software which named “Bull’s Eye Broker”. Unfortunaly, this software don’t support realtime data feed and only support EOD data in which I also begin to trading forex now. If you know, please kindly introduce to me software which support Point&Figure, realtime data feed. It is more excellent if it also support Wyckoff Point& Figure chart Many many thanks for your helps the bellow is short desciption about Wyckoff Point&Figure The Wyckoff method is a special type of point & figure chart. It uses a single box reversal instead of the more common three-point reversal. It also varies from the standard point & figure chart because it can contain both X’s and O’s in the same column. This will occur whenever there is only a single entry made in a column. For example if we had a single X in a column followed by 3 O’s, the O’s will be displayed in the same column as the X. In a Wyckoff chart there must always be more than one entry in a column. Let's take an example. The box size for these values is $1.00. Note that a Wyckoff chart can also use high and low data, but for clarity we have selected closing price data only. Date Day Close 10/02/98 Tue 55.00 11/02/98 Wed 57.00 12/02/98 Thu 56.00 13/02/98 Fri 57.00 16/02/98 Mon 58.00 17/02/98 Tue 59.00 18/02/98 Wed 56.00 19/02/98 Thu 57.00 20/02/98 Fri 56.00 23/02/98 Mon 57.00 24/02/98 Tue 56.00 On 11/02/98 the chart rose from $55 to $57. This resulted in 3 X’s being plotted in the first column. The very next day there was a pull back of one box to $56. Because we are using a one-point reversal, we move to the next column and plot the single O. The next day the price rises again to $57. This again is a reversal, however we do not move to the next column because we have only made one entry in the current column. The upward movement continues until the chart reaches $59 on 17/02/98. Continuing to plot the data in this fashion will produce the chart below: $60.00 $59.00 X $58.00 X O $57.00 X X O X X $56.00 X O O O O $55.00 X Other than the two requirements described above, the Wyckoff point & figure chart uses the same principals as a standard three-point reversal chart
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the bellow is short desciption about Wyckoff Point&Figure The Wyckoff method is a special type of point & figure chart. It uses a single box reversal instead of the more common three-point reversal. It also varies from the standard point & figure chart because it can contain both X’s and O’s in the same column. This will occur whenever there is only a single entry made in a column. For example if we had a single X in a column followed by 3 O’s, the O’s will be displayed in the same column as the X. In a Wyckoff chart there must always be more than one entry in a column. Let's take an example. The box size for these values is $1.00. Note that a Wyckoff chart can also use high and low data, but for clarity we have selected closing price data only. Date Day Close 10/02/98 Tue 55.00 11/02/98 Wed 57.00 12/02/98 Thu 56.00 13/02/98 Fri 57.00 16/02/98 Mon 58.00 17/02/98 Tue 59.00 18/02/98 Wed 56.00 19/02/98 Thu 57.00 20/02/98 Fri 56.00 23/02/98 Mon 57.00 24/02/98 Tue 56.00 On 11/02/98 the chart rose from $55 to $57. This resulted in 3 X’s being plotted in the first column. The very next day there was a pull back of one box to $56. Because we are using a one-point reversal, we move to the next column and plot the single O. The next day the price rises again to $57. This again is a reversal, however we do not move to the next column because we have only made one entry in the current column. The upward movement continues until the chart reaches $59 on 17/02/98. Continuing to plot the data in this fashion will produce the chart below: $60.00 $59.00 X $58.00 X O $57.00 X X O X X $56.00 X O O O O $55.00 X Other than the two requirements described above, the Wyckoff point & figure chart uses the same principals as a standard three-point reversal chart
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Dear Friends! Point and Figure is an important part of my method. For stock trading I use an excellent software which named “Bull’s Eye Broker”. Unfortunaly, this software don’t support realtime data feed and only support EOD data in which I also begin to trading forex now. If you know, please kindly introduce to me software which support Point&Figure, realtime data feed. It is more excellent if it also support Wyckoff Point& Figure chart Many many thanks for your helps
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Some other friends told me that, number of ticks also depend on how many pips in price change. for example: one trade make price change 20 pip have more than tick another trade only make price change 2 pip i dont know this is right or wrong, please kindly helps thanks
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thanks Tams! if tick volume calculate like that the meaning of tick volume will be deffirent from real volume for example: I make one trade with lot size is 0.01, you make one trade but the lot size is 1000 lot the tick volume is same (one tick) but the meaning is so different. I hear so many guy, special Tom Wiliam company (tradeguider) said that tick volume in forex market is same meaning with real volume in stock market but i still dont understand why they can assume like that. please kindly helps me thanks a lot
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Hi Zdo! you helps me that "Tick Volume is simply a count of how many trades were recorded during that bar with no accounting for the size of those transactions". Please kindly tell me what is "trade"? thanks a lot
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i know a little bit about MP but still do a research on it. right now I use tick volume of FXCM to for trading on wyckoff method. it lead to a good performance. but i still dont completely understand what is tick volume and what is high tick volume mean, what is low tick volume mean. how does it stand for low and high activity, why it can be the same meaning with real volume thanks
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Dear Friends! My main method is VSA so when I join to currency and commondities market , I feel so difficult. Now I am study about to tick volume to use this like a real volume in stock market. But I am still don’t understand about Tick Volume, please kindly help me about some part of tick volume as bellow: - What is tick volume? How to calculate tick volume and please give me an example - Please introduce to me some brokers have MT4 platform and providing good tick volume
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How to Get Historical EOD Data of Us Stock Market
sharehunter replied to sharehunter's topic in Technical Analysis
Thanks Do or Die! I come to recommended site but i can not find my needed EoD data -
any brothers experience in finding this EOD data, please give me a helps. I am still looking for this data. it is very important for me Thanks thanks
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How to Get Historical EOD Data of Us Stock Market
sharehunter replied to sharehunter's topic in Technical Analysis
any brothers experience in finding this EOD data, please give me a helps. I am still looking for this data. it is very important for me Thanks thanks -
I know that Wyckoff using P&F chart to count the price target. it is deffirent from usual P&F count. He use one box reversal. but i dont know detail how to count. Please kindly tell me his way to count price target or give me document related. Thanks
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Where do you know that Wyckoff dont use his method to trade. He use 8 years to learn and trade later following his method
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Hi Mslk! there are so many good Authors are not Trader but their method is realy good ( may trader have good method but they use them to earn money and not ready to share with anyone).
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Thanks Stock.Jock! I take a look in your file, it is general count guide in Wyckoff method. My problem is how to use P&F to count target price following Wyckoff method ( one box reversal)
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Wyckoff mention the method to count the price target. He use one point reversal Point&Figure but I still can not find out the guide to count in this course. Please kindly tell me which part guide count price target in this course Thanks
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I am studying about "Richard D. Wyckoff Course in Stock Market Science and Technique" It is a great course but the chart example in this course is quite blear ( not clear). or example: I can not know background before example chart, i can not know the result later, it is defficult to compare a bar with another bar ( vol and price is quite far from each other). I love to understand deeply this cousre so i want to view example chart in Amibroker or metastock. unfortunaly, I can not find EOD data of these chart to input it to Amibroker because almost the example is before 1970 and some is not list in exchange anymore, some may be M&A (mergers & acquisitions). here is name of stock example i noted from basic lecture and Lession example: http://www.mediafire.com/?l7gvky1jdoi468l or google document link: https://spreadsheets.google.com/spreadsheet/ccc?key=0AvVR0y_dzwmidHc3bmh6RTRGcHNMWmhnQTNYNTdYY1E&hl=en_US#gid=0 If anyone have this data please kindly share it to me ( or guide me how and where i can take this data) many many thanks for your helps
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sorry i dont know why the picture dont show. i post another link http://i1130.photobucket.com/albums/m535/vsaclubvn/Lee%20Thanh%20Hoaf/boxsize.png
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I hear that Wyckoff count target price. He use P&F method but it is deffirent from usual method. Please kindly guide me wyckoff way to count target price many many thanks for your helps
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in "The Complete Guide to Point-And-Figure Charting The New Science of an Old Art" book: I see the standard box size as bellow: for the 3 box reversal method, please tell me whether can i use the box size like this book told. thanks you a lot
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Which is the Best Software for Point&Figure Chart
sharehunter replied to sharehunter's topic in Tools of the Trade
Yes, PFtrader guide me to use Bull's-Eye Broker. i am trying to explore it. -
Thanks PFtrader a lot! it is software i am looking for
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