Trading with point and figure

[Dentalfloss]

dax
our 12936 are got a hammerin

yes sir

 

[Dentalfloss]

Took your advice and bailed out at .8946....still reckon we're on the way up though

good...yu dont want to sweating it out ..waiting

reentry was 0.8924..ish retest

 

[Dentalfloss]

4 hour data over last 2 weeks
pivot supp areas marked..0.8904 up to 0.8920
0.8944- 0.8952 area is trend and horizontal rez

slightly out on pivot..it was 0.8924..ish

 

[Dentalfloss]

dax
12960 minor rez
12900 and 12930 supp areas

bounce from 12930 area
excellent

 

[Dentalfloss]

cable in a minor pivot at 1.3200
1.3220 ..better if yu can get it

 

[Dentalfloss]

oil in rez
lets see how it gets handled

 

[Dentalfloss]

usdcad in a pivot area
1.2500 was prev rez

 

[Dentalfloss]

eurusd in rez
1.1780-1.1835 area
rez goes up to 1.1850..ish

 

[inzimam]

I got stopped on Dax by a few points before it went down like I expected. So annoying!

 

[Dentalfloss]

cable in a minor pivot at 1.3200
1.3220 ..better if yu can get it

dump 1.3200 area..for a few
supp should be in 1.3270 area/prevr rez

 

[Dentalfloss]

I got stopped on Dax by a few points before it went down like I expected. So annoying!

there is a remedy for that

 

[Dentalfloss]

12966 was the pivot area before it dumped
and 12976

 

[Dentalfloss]

consecutive sell signal was break of 12966....yu would have missed a few....but pattern was deep.ie range was wide before the break
yu have to be ready for that


so...
wait till price constricts and comes out of the orifice


deep patterns...i hate them..stop is wide
wait for constriction...as market did

 

[Dentalfloss]

consecutive signals will always constrict the price range

THAT is what yu want

 

[Dentalfloss]

dump 1.3200 area..for a few
supp should be in 1.3270 area/prevr rez

supported and retest 1.3200
scalps in and out

 

[Dentalfloss]

dax 12960 for a p/d
there now
12966 a pivot on the way down

12940-12950 horizontal supp area

 

[Moneylender]

Missed the drop but got the bounce from 12 930 and just closed

 

[Dentalfloss]

gbpjpy for a p/d 148.50 area
148.20 supp area

 

[Dentalfloss]

Missed the drop but got the bounce from 12 930 and just closed

 

[Dentalfloss]

Dow 22.8K pump or dump