Trading with point and figure

Nice close on DAX

1075lxd.jpg
 
trend break...not quite
had a go yesterday...got whacked in 12183 area...did overshoot though
 

Attachments

  • Screenshot_8.png
    Screenshot_8.png
    85 KB · Views: 56
we got a fake signal yesterday...note double-top at trend break area....and it got dumped
that is why we call pump or dump
be ready at both ends
 
3 month downtrend...nearly
expect bumpy ride for test of trend
although it could continue rangebound
12K to 12020 is trend supp
12200 horizontal rez
 
Top