More from Abhishek
Nifty Futures Positional Trading Using Point & Figure Charts
Following this system on stocks since 2021 and started on Index in 2022
Based on Richard Dennis's Turtle Trading System and the P&F version was created by @Prashantshah267
Details
Chart Settings
Instrument: Nifty Futures ( Current Month)
Chart : Point & Figure
Box Size: 0.10%
Reversal Box: 3
Data Frequency- 1 Min
P&F Charts don't have concept of time but it has a concept Data Frequency, i.e. duration after which to consider plotting X or O on the chart
Since DF is 1 Min here, so we need to wait for 1 Min closing on P&F Charts for Entry, Exit Signals
The chart is an Intraday Chart & requires Intraday data
Which is available on the Real Time Tradepoint Software & on the Web Version of this software
https://t.co/oAshC7rfD1
-
Let's now Discuss Bullish Entry Pattern
The Entry Pattern is called as a Bullish Follow Through Turtle Buy Pattern
This actually comprises of 2 Parts
1. Bullish Turtle Breakout
2. Bullish Turtle Follow Through
For Entry, #1 must happen and there must be a #2 immediately
First Let's Understand the Bullish Turtle Breakout Pattern
This is a 5 X BO Pattern
If current column of X goes above highest ‘X’ in last 5 columns (including current column), then it is a 5-X Turtle breakout.
Following this system on stocks since 2021 and started on Index in 2022
Based on Richard Dennis's Turtle Trading System and the P&F version was created by @Prashantshah267
Details
Chart Settings
Instrument: Nifty Futures ( Current Month)
Chart : Point & Figure
Box Size: 0.10%
Reversal Box: 3
Data Frequency- 1 Min
P&F Charts don't have concept of time but it has a concept Data Frequency, i.e. duration after which to consider plotting X or O on the chart
Since DF is 1 Min here, so we need to wait for 1 Min closing on P&F Charts for Entry, Exit Signals
The chart is an Intraday Chart & requires Intraday data
Which is available on the Real Time Tradepoint Software & on the Web Version of this software
https://t.co/oAshC7rfD1
-
Let's now Discuss Bullish Entry Pattern
The Entry Pattern is called as a Bullish Follow Through Turtle Buy Pattern
This actually comprises of 2 Parts
1. Bullish Turtle Breakout
2. Bullish Turtle Follow Through
For Entry, #1 must happen and there must be a #2 immediately
First Let's Understand the Bullish Turtle Breakout Pattern
This is a 5 X BO Pattern
If current column of X goes above highest ‘X’ in last 5 columns (including current column), then it is a 5-X Turtle breakout.
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Krugman is, of course, right about this. BUT, note that universities can do a lot to revitalize declining and rural regions.
See this thing that @lymanstoneky wrote:
And see this thing that I wrote:
And see this book that @JamesFallows wrote:
And see this other thing that I wrote:
One thing I've been noticing about responses to today's column is that many people still don't get how strong the forces behind regional divergence are, and how hard to reverse 1/ https://t.co/Ft2aH1NcQt
— Paul Krugman (@paulkrugman) November 20, 2018
See this thing that @lymanstoneky wrote:
And see this thing that I wrote:
And see this book that @JamesFallows wrote:
And see this other thing that I wrote: