Trading with point and figure

[Dentalfloss]

dax index

 

[Dentalfloss]

H-A daily of DaX index
a couple of pivots stand out

12689 at the top
12572 at bottom

 

[Dentalfloss]

HA of dow index

 

[Dentalfloss]

21641
21600/ round..not a HA pivot
21564
21514

 

[Dentalfloss]

ftse daily HA

7440
7392
7366

 

[Dentalfloss]

HA calculation
up candle...if midpoint of the bar at close of bar is higher than midpoint of prev bar
A reasonable idea for displaying the trend...but no arithmetical idea of the move

p/f hilo is looking at the high in an uptrend With arithmetical display of the price movement........is a better display of price movement

HA pivots possibly useful....lets see how it gets handled

 

[Moneylender]

Has DAX run out of steam or taking a breather, or as 007 says, pump or dump?

 

[Dentalfloss]

mornin folks

 

[Dentalfloss]

dax still steamy.....if we get past that rez

 

[Dentalfloss]

30 min data

 

[Dentalfloss]

12592-12630 should be decent supp
the chart just has not turned downwards ..as yet
scalp shorts only as per Friday afternoon
there is just no downside column with a bear signal as yet

 

[Dentalfloss]

cable has an HA pivot at 1.3080 area..there now

 

[Moneylender]

Morning all

Nice and sunny here for a few hours!

 

[Dentalfloss]

21641
21600/ round..not a HA pivot
21564
21514

21641...holding...just

 

[Dentalfloss]

lookin like 12611 gets a test

 

[Dentalfloss]

cable has an HA pivot at 1.3080 area..there now

bounced from that for a few
then bounced off 1.3100..ish
retesting HA pivot now
excellent stuff

 

[Dentalfloss]

oil in 46.80 prev supp..poss rez
46.64 first sup area

 

[Dentalfloss]

cable1.3096 prev supp..bounced off that
easy to pick off

 

[Dentalfloss]

if 1.3080 fails...then 1.3050 area

 

[Dentalfloss]

eurcad in supp
1.4350 and above to 1.4385..should be supp
not quite in a sweet spot
in a horizontal supp now
at 1.4480 area