Trading with point and figure

[Dentalfloss]

our 49.32 area ..still a dog
Baker-Hughes rig count soon..that could change it.
maybe..??

 

[Dentalfloss]

7550....and plummet
excellent

 

[Dentalfloss]

ftse
7550/round...there now
could hold it...??

nope

 

[Dentalfloss]

gbpjpy rallying from our 124.20 supp area
excellent

 

[Dentalfloss]

cable...poss base is in

 

[Dentalfloss]

ditto eurusd

 

[Dentalfloss]

0.8750 poss top on eurgbp

 

[Dentalfloss]

Cable yesterday

 

[Dentalfloss]

our job

filter the box and reversals with time input to clarify trend and supp/rez
we want to get clean tradeable signals.ie breakout points...so might need to refilter to get those as the data comes in
our premarket analysis of supp and rez is only a guide...levels can be meaningless

nowt else you can do...we are not in full control...we are reliant on data coming in
that is all you can do

 

[Dentalfloss]

there is no psychological approach and little premarket analysis
we are not reiaint on levels


we filter the data as it comes in...visually optimise

breakouts...you need to be ready at both ends in case it fails

 

[Dentalfloss]

cable yesterday...we did not know premarket that it was in for a hammering
as you can see...the day progressed and the signals came in

 

[Moneylender]

DAX at Fri close.

 

[Dentalfloss]

small caps lagging

 

[Dentalfloss]

Dow/nyse and small caps lagging against NAS ,dax and ftse now
smallcaps in supp...lets see how they react

 

[Dentalfloss]

DAX
nealy the same as Moneylender"s chart

 

[Dentalfloss]

mornin folks

 

[Dentalfloss]

Theresa came out well on TV last night...could be good for Pound..??
Corbyn seemed to back track to explain his Porkies...lol
who knows..lol

 

[Dentalfloss]

ftse in supp area at 7524

 

[Dentalfloss]

12570 horizontal supp on dax if 12.6K fails

 

[Dentalfloss]

12564-12585 decent supp area