Trading with point and figure

[Dentalfloss]

thinking that dw needs to unwind that overbought
who knows....lol

posted at 9.58am

 

[Dentalfloss]

cable in our 1.2650
will it support.?

 

[Dentalfloss]

dax coiling ....ready for A POP

and dump
posted at 9.35am

 

[Moneylender]

Not sure where we can expect a bounce on DAX, any ideas?

Edit: 12850 looks first supp to me1

 

[Dentalfloss]

Not sure where we can expect a bounce on DAX, any ideas?

Edit: 12850 looks first supp to me1

12866 first

 

[Dentalfloss]

21483..ish on dow
7500 on fte

 

[Dentalfloss]

43.40 on oil..
pump or dump

 

[Moneylender]

12866 first

tightened stops now, lets see

 

[cantagril]

tightened stops now, lets see

I was also looking at 12850 but the 1 minute clearly shows 866 as the 1st level.

 

[Moneylender]

I was also looking at 12850 but the 1 minute clearly shows 866 as the 1st level.

yeah 871 and bounce, 007 was a few pips out. Good job he had his eyes tested this week. :cheesy:


Edit: 007's 12866 hit.:smart:

 

[cantagril]

yeah 871 and bounce, 007 was a few pips out. Good job he had his eyes tested this week. :cheesy:


Edit: 007's 12866 hit.:smart:

am now long at 866 and checking how many fingers I can see in front of my face

...maybe that should be levels instead of fingers....

 

[Moneylender]

Closed my DAX short just now 12845.

 

[Moneylender]

Dow is holding up well considering dax dropped over 100 pips!

 

[Moneylender]

Some DAX levels and trends, 12830 ought to hold it for now!!

 

[Moneylender]

Oil is the culprit again today, now under $43

 

[Dentalfloss]

oil massively oversold

 

[Dentalfloss]

dax index...breakout area was 12818-12842
that area should be supp
needs to stay above 12.8K
12805-12820 a cluster area
index..not spreadbet

posted at 7.14am

 

[Moneylender]

oil massively oversold

Careful with oil, Lybia have opened up 2 additional fields and are flooding the market.

"Libya pumping its highest yield in 4 years, following an agreement to allow two of the country's oil fields to resume operation."

 

[Dentalfloss]

Closed my DAX short just now 12845.

nice one

 

[Dentalfloss]

usdjpy 111.70 pump or dump
our 112.00 rez looming