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Could someone please give me an idea of the correct box sizes for P&F
boxes. Not in fractions, I trade on the Australian market in dollars and
cents. I mainly trade in Gold shares where the market price range is
from say 10c to $5. For example if you were plotting a stock that has an
extreme range let's say of $2.50 to 10c what box size would you use?
I also trade SPI FUTURES (SnP equivalent in Australia), currently it's
trading in the 2900's and a range of 40 points a day is not uncommon at
the moment. What box size would you use in that market.
I know the box size makes a lot of difference as I've tried a few with
just a few cents difference and suddenly a double bottom appears where
one wasn't before.
I've tried posting something at the dorseywright.com forum, but it
appears they don't let someone on a two week trial post messages.
As you might have guessed I've only just started looking at P&F, but
from all the TA I've investigated, this method seems very promising.
Thanking anyone in anticipation.
Rob
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