Trading with point and figure

[Dentalfloss]

12600 held and pump into our 12621-12630 rez area we marked yesterday
excellent stuff

12630 fez.....and dump
Luvin it

 

[Dentalfloss]

Stops tight

 

[Moneylender]

12630 fez.....and dump
Luvin it

At the 12590 pivot now

 

[inzimam]

yes ive got a run to a max of 12626 then dowm to 12486

most likely to 12592 then down

I was not far off!

 

[Dentalfloss]

Stops tight

Out....nearly a 50 pointer
Excellent

 

[Moneylender]

Out....nearly a 50 pointer
Excellent

Dont you just luv it when my levels work?

 

[Moneylender]

12600 or 12615 as res??

 

[Moneylender]

I was not far off!

Nice one.

Re your comment about trends lines moving in Cute, if you get the V1.3 they are fixed,
but you cannot use higher time frames than 30 mins, it restricts you.

 

[inzimam]

Nice one.

Re your comment about trends lines moving in Cute, if you get the V1.3 they are fixed,
but you cannot use higher time frames than 30 mins, it restricts you.

Do you also have to faff about with renaming them and only having upto 4 right?

 

[Moneylender]

Do you also have to faff about with renaming them and only having upto 4 right?

Afraid so, "trend1, trend2, etc Tbh I rarely use them on my mt4

 

[inzimam]

Afraid so, "trend1, trend2, etc Tbh I rarely use them on my mt4

It's only the diagonal trends that move so as i don't add many of these, it's easy enough to correct them. I may invest in 1.3 in the future. I'm still finding my feet with pnf. I didn't trade my prediction as I'm still testing but that would have been very lucrative. I just need to find consistency

 

[Dentalfloss]

poss bull flag on Dow

 

[Dentalfloss]

as we said this morning

 

[Dentalfloss]

poss bull flag on Dow

whammo

 

[Dentalfloss]

dow in supp...will it hold.?

 

[Moneylender]

DAX at supp 12600 now

 

[Moneylender]

DAX close, still looks toppy to me, but would prefer to see it below 12550

 

[Dentalfloss]

mornin folks

 

[Dentalfloss]

lookin like we break 12650

 

[Dentalfloss]

supp has move higher to 12585