Trading with point and figure

[Dentalfloss]

1968-1970 is 50% area of move down

gotcha

 

[Dentalfloss]

need to see 9924 area as supp
then 9960
10k
10050

slightly out on 9960 ..dax does seem to overshoot 20 pips..ish...
good result anyway

 

[Dentalfloss]

1968 break..then 1979...1968 needs to be supp
correction...1978 the better number

 

[Dentalfloss]

need to see 9924 area as supp
then 9960
10k
10050

wham..10k hit
goin to get tricky now

 

[Dentalfloss]

1968 break..then 1979...1968 needs to be supp
correction...1978 the better number

stopped out...excellent run

 

[Dentalfloss]

wham..10k hit
goin to get tricky now

stopped out at 10035..near enough to 10050 area we marked
excellent run

 

[Dentalfloss]

nearly time for some more whisky

 

[Dentalfloss]

scalp shorts in

 

[Dentalfloss]

scalp shorts in

excellent

 

[Moneylender]

You are brave with your reversals

 

[Dentalfloss]

You are brave with your reversals

not at all
if you look for break of trend..then a failed signal

 

[Dentalfloss]

stops tightened

 

[Dentalfloss]

stops tightened

stopped out
excellent run
both dax and spx

 

[Moneylender]

Stopped at 960 trend line

 

[Dentalfloss]

1978 and 10050 areas we marked turned out exceptional..

 

[Dentalfloss]

Stopped at 960 trend line

good one

 

[Dentalfloss]

spx
do we pump or do we dump ??

 

[Moneylender]

that is the question!

 

[Dentalfloss]

continued the downtrend...simple

 

[Dentalfloss]

30 point move down from high on spx we marked..