Trading with point and figure

[Dentalfloss]

a slightly clearer picture from these inputs

pink horizontal is 10840-10848

 

[Moneylender]

Didnt get the up move, was in shower, but the short down gave me the profit for the day, everything else now is a bonus.

 

[Dentalfloss]

as it was a close plot it did not register the move down to 10806 at the open

had eyes on that pivot area

 

[Moneylender]

This 850 area has been pivotal in the past so very important

 

[Dentalfloss]

Didnt get the up move, was in shower, but the short down gave me the profit for the day, everything else now is a bonus.

dont get lazy
more points to come

 

[Moneylender]

Am sure there is a long here 50/60 area but no signal so will wait

 

[Dentalfloss]

scalp long off that pivot
tight stop
scalps in and out
price was going into that 10840 area to test the bulls
a bad bounce and bears come in for the retest

 

[Moneylender]

scalp long off that pivot
tight stop

I knew you would take that!!! :smart::smart::smart:

 

[Dentalfloss]

stopped out for decent points

 

[Dentalfloss]

Am sure there is a long here 50/60 area but no signal so will wait

use the tick chart in conjunction with 1 min candle

 

[Dentalfloss]

tick chart really needed this morning

 

[Moneylender]

I bet your close to 200 pips already today?

 

[Dentalfloss]

I bet your close to 200 pips already today?

way over that on the dax
i am laso trading spx
that is bouncing off the 2073 pivot area up to 2081
dont know why 2073 is important...but..who cares

 

[Moneylender]

stop tightened for pivot point @ 900

 

[Dentalfloss]

bounce off our 10840 pivot..went up to 10880 area/prev horizontal res on 1 min
pulled back to 10860/prev breakout point
that held ...and up it flew
stop tightened

 

[Moneylender]

Stopped out for a good few, long.

Off out food shopping her indoors says, so back in an hour or so!

 

[Dentalfloss]

stopped out and back in for the retest of the 10840 area/pivot
2073 broke...lets see what happens
2068.. area our pivot supp from Monday

 

[Dentalfloss]

pivot area /10840 working exceptionally well this morning

 

[Moneylender]

Dont seem to have much direction 50 pip range is enough though!

 

[Moneylender]

got messy this pm!!