Trading with point and figure

[Dentalfloss]

how we finished Dow

hopefully you got the pivot on the dow..

 

[Moneylender]

hopefully you got the pivot on the dow..

I got some of it from your SnP pivot. think i should switch to s&p
trades as my data for Dow doesnt go far enough back!

Onwards and upwards tomorrow.

Edit; or maybe not!

 

[Dentalfloss]

mornin
any reason for overnight tank ??
China ??
North Korea ??

 

[Dentalfloss]

trading halted in China...cnn saying
after the open ...lol

 

[Moneylender]

China dropped 7% before trading was stopped, second time this week!

 

[Dentalfloss]

itms sayin that spx was a buy at 1960...goin to 2040
lets see

 

[Moneylender]

itms sayin that spx was a buy at 1960...goin to 2040
lets see

Well we have 1960

A good place to go long or not????

 

[Dentalfloss]

raw chart of spx
no supp coming in as yet
5 min data

 

[Dentalfloss]

we need to look at latest move down on chart posted..purple trendline on 1 minute

 

[Dentalfloss]

latest downmove on 1 min
the overnight move

 

[Dentalfloss]

 

[Dentalfloss]

latest chart shows potential supp/res
prev supp that could be rtes and trendline s/r
2065 horizontal res at 2065 area
then 1970-1972 area/prev supp and trend res
trend res at 1976 area
then 1980-1981 area prev supp
then 1984 area
supp/green 1960 area

 

[Dentalfloss]

do the same with the dax
break it down into individual trends and then move around with inputs getting the information

 

[Dentalfloss]

a quick look at the dax

 

[Dentalfloss]

change the inputs
a much clearer picture
9

9960 is a real dog...lol

 

[Dentalfloss]

knife catching is easy..so long as you know where the moves will happen

 

[Dentalfloss]

1966 horizontal res area marked..tested it and tanked...as we said no sign of supp as yet
great for scalping

 

[Dentalfloss]

raw chart of spx
no supp coming in as yet
5 min data

as we said at 8.03 am...lol

 

[Moneylender]

My dax chart on a 12x2 looks totally different to yours!

What feed do you use?

 

[Dentalfloss]

sod it...have to replot the 1 min now we have a new low...gotta work for my money this morning..lol