Trading with point and figure

[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

and bounce
excellent results

 

[Dentalfloss]

mornin folks...another sunny and hot day....luvin it

 

[Dentalfloss]

dax turned a tad nasty yesterday

 

[Dentalfloss]

a bit of detail

 

[Dentalfloss]

here is the good bit
the downward column that touches green horizontal...if we print 12539 or below it activates a downside count/vertical count...a long column aswell
that means we have opposing counts...all long column

bear in mind ..there is a mass of supp between 12400 and 12500
market is in real confusion....good for us...more volatility

12500-12524 supp area if 12539 breaks

 

[NickBk]

here is the good bit
the downward column that touches green horizontal...if we print 12539 or below it activates a downside count/vertical count...a long column aswell
that means we have opposing counts...all long column

bear in mind ..there is a mass of supp between 12400 and 12500
market is in real confusion....good for us...more volatility

12500-12524 supp area if 12539 breaks

I have to believe we will see yesterdays low and likely under 12500 later on today, if not this morning. All looking a bit tired here. Euro still staying strong and rising.

 

[Dentalfloss]

12592-12630 is first rez area

the move down to 12540 yesterday could be fake to flush out stops

 

[Dentalfloss]

I have to believe we will see yesterdays low and likely under 12500 later on today, if not this morning. All looking a bit tired here. Euro still staying strong and rising.

yu gotta take out that horizontal rez

 

[Dentalfloss]

1.1550-1.1585 is a dog
tis pretty bullish

 

[Dentalfloss]

latest horizontal count target ha been achieved..might see some consolidation...
lets see what happens

 

[Moneylender]

Morning all

all turning a bit neg here overnight.

 

[NickBk]

yu gotta take out that horizontal rez

I'm on to it, don't you see

 

[Moneylender]

DAX looking quite weak but will bounce for London!

 

[cantagril]

DAX looking quite weak but will bounce for London!

I see that now...but you didn't specify whether it was going to be a pump bounce or a dump bounce

 

[Moneylender]

I was asleep when I wrote it!

 

[Moneylender]

DAX looking quite weak but will bounce for London!

Stop to be,, not much conviction yet!!!

 

[Moneylender]

DAX looking quite weak but will bounce for London!

Stop to be,, not much conviction yet!!!

stopped out

 

[Dentalfloss]

our 1.1515 pump or dump
eurusd

 

[Moneylender]

Will try again at 12500

 

[Moneylender]

mornin folks...another sunny and hot day....luvin it

Its cloudy here and not very warm yet!