Trading with point and figure

[Dentalfloss]

cable in supp now

 

[Moneylender]

21300 on the Dow good place to go short.

 

[Dentalfloss]

21300 on the Dow good place to go short.

excellent call.
was out
missed it
great stuff:smart::smart::smart:

 

[Moneylender]

excellent call.
was out
missed it
great stuff:smart::smart::smart:

Cheers, slept this pm, still have it open!

 

[Moneylender]

Last weeks DAX chart to Fri close. Lots of pips available in a volatile GE week.

 

[Moneylender]

Dow chart stuck in a 200 pip range. I personally think a top is in but cant be ceertain yet.

 

[Dentalfloss]

A quick look at dax index..not spreadbet

daily data
close
44points by 2 reversal

in a pump or dump area 12848..ish
trend supp ius 12760..ish
if we get any upside failure..lok at supp areas on Moneylenders chart
12850....looks taboo...so far
lets see what happens

 

[Dentalfloss]

mornin

 

[Moneylender]

Morning boss, up or down today?

 

[Dentalfloss]

cable in rez
prev supp 1.2780 area

 

[Dentalfloss]

ftse is still..buy the dips...so far

 

[Dentalfloss]

somebody should have a word with ftsedaytrader..the trend is up..he got blown out on Friday

 

[Moneylender]

Dax keeps getting sold into any rise and breaks the uptrend!!

 

[Dentalfloss]

dax in supp 12760

 

[Dentalfloss]

12750..ish supp
above 12848 is taboo..so far
that is the range

 

[Dentalfloss]

if we dip below 12760..thenb 12700/round
it gets nasty if 12760 becomes rez on a bounce

 

[Dentalfloss]

we could get fooled if 12800 is rez on a bounce..lol
12734...corresponds to Moneylenders 12740 supp area

 

[Moneylender]

if we dip below 12760..thenb 12700/round
it gets nasty if 12760 becomes rez on a bounce

Thats what its doing sofar, although I have res @ 12770

 

[Dentalfloss]

12717-12744 is a pivot area

 

[Dentalfloss]

our 7476 supp area got bought
wham..