Dentalfloss
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usdcad...looks to be gettin support
1.2500 needs to hold on a test/retest
1.2500 needs to hold on a test/retest
Trading with point and figure
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Dentalfloss
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no need..
if you can read a chart....then it does not matter whether it is bars/candles or p/f
i will post a minute
Dentalfloss
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dax chart fro Inzimam
Dentalfloss
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Moneylender did all the work for us at 9.00pm last nightDAX close, trying hard to form an uptrend but its proving difficult.
Dentalfloss
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change your mindset.....momentum is price change over a period of time
we are only interested in change in price
the time input just makes it easier to input
only look at price change
Dentalfloss
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first thing to do
carve up the chart into bullish and bearish sections using trendlines
carve up the chart into bullish and bearish sections using trendlines
So in previous areas where the rate in change of price to the upside was faster, then the bulls are in charge.
Is the momentum indicator any use or should jusy look at the length of candles as price changes.
Sent from my SM-G950F using Tapatalk
Is the momentum indicator any use or should jusy look at the length of candles as price changes.
Sent from my SM-G950F using Tapatalk
Dentalfloss
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whack...as we said rez goes up to 12336 area
Dentalfloss
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no use
train your eye to see price change
and mentally mark off trends without putting on lines
Last edited:
Moneylender
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I don't think you will find one for mobile, I looked some time ago without success. If you do come across something post it up.
Dentalfloss
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Moneylender
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Closed a short then at 12298, lovely!!!
Moneylender
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I set alarms at levels I am interested in, then enter manually.
Moneylender
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Cant make up my mind if that spike to 12340 was just a spike (fat finger) or not. Was looking at a short just then @ 12311 but too late thinking!!!
any views?
any views?
Euro is up from earlier lows and unless it goes back down again I think we see Dax lower than here by 2.30. Been in a few times, see other thread, still short from earlier too.
So go for it
Moneylender
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Euro is up from earlier lows and unless it goes back down again I think we see Dax lower than here by 2.30. Been in a few times, see other thread, still short from earlier too.
So go for it
Nice one Nick, my present bias is long tbh but thats more by accident(hedges) than careful planning. I agree there is the poss of a drop before US open vbut I think at 12295 current pos not much to gain, we shall see.
What other thread do you use?
