Trading with point and figure

[Dentalfloss]

1.1620 ettin supported
1.1643 could be a dog

its 1.1638....slightly out
decent results

 

[cantagril]

Just had a look at my EGs and see that they've turned into one of my celebrated submarine trades.

We're now back to .8860 which was an S/R area on the way up so I'm just going to sit tight. Its not a large position (3L) and l/t trend support (on the dailies) is still intact so I'm going to sit it out and have another think in the morning.

Hmmm, interesting so far. As ML sez, brain saying one thing, chart saying another. I'm in half a mind (that's all I have anyway) to just scratch the whole thing when it gets to .89 odd again and start the w/e early.

 

[inzimam]

Dax is showing me sell signals...faking or the real deal...wiley minx toying with my emotions

 

[cantagril]

200 point drop on eurusd...Catalonia ...not just Draghi

Catalonia is definitely in the mix. There's been a lot of creative reporting over the last couple of days and today is no exception. The Catalans themselves are pretty divided and the Castilians are not helping much to calm the situation with some fairly inflammatory comments.

Latest live reports from the main Catalan paper (see links) show that the conflict can still be resolved short of an attempt at complete independence. Puigdemont is backtracking and Rajoy can still de-escalate from his side. In the meantime the € makes for a really profitable football

http://www.elperiodico.com/es/polit...ataluna-articulo-155-ultimas-noticias-6378562

https://politica.elpais.com/

I contend that unless things really go ...se over ..t with both Druggy and Catalan effects combining, that on EG we're just going to swing from one range area to another:whistling

 

[Dentalfloss]

Dax is showing me sell signals...faking or the real deal...wiley minx toying with my emotions

what yu gotta do now..

get the latest pivot areas and trade from those
look for a bad bounce off a pivot

 

[Dentalfloss]

13210 was prev rez

 

[Dentalfloss]

13176-13200 aswell

 

[Dentalfloss]

Dax is showing me sell signals...faking or the real deal...wiley minx toying with my emotions

so...
roll up your shirtsleeves and get stuck in...
find those pivots and other s/r areas
shove in a couple of horizontal counts


yu are a bit limited cos yu cannot use %log or close plots...yu will still be accurate as Moneylender has shown

THERE AINT NO MAGIC NUMBERS.....

 

[Dentalfloss]

anchor row/most filled boxes is in 13220 area...there now

 

[Dentalfloss]

our 1.1643....ahem 1.1638 keeps dumpin
excellent

 

[Dentalfloss]

eurgbp in supp/was prev rez

 

[Dentalfloss]

a bad bounce means...

watch the bounce from a support....note the rez areas for that bounce
the bad bounce will not get past one of those rez areas
sellers will be watchin and enter on the failed bounce

 

[inzimam]

so...
roll up your shirtsleeves and get stuck in...
find those pivots and other s/r areas
shove in a couple of horizontal counts


yu are a bit limited cos yu cannot use %log or close plots...yu will still be accurate as Moneylender has shown

THERE AINT NO MAGIC NUMBERS.....

i'm in too deep on a couple of shorts so I'm not thinking of adding much now, just sitting and waiting for the inevitable drop..might get more painful before it gets better though

 

[Dentalfloss]

our 1.1620 supp are failed
excellent results

 

[Dentalfloss]

our 1.1620 supp are failed
excellent results

yu can see the bad bounce on 1 min bars

 

[inzimam]

Catalans have declared independence...what now for the Eur..hasn't moved much

 

[Dentalfloss]

eurjpy in a pivot area 132.50
there now
will it get supported.??

nope
excellent results

 

[Dentalfloss]

dow in our 23340 area
will it be supp.?

 

[Dentalfloss]

Catalans have declared independence...what now for the Eur..hasn't moved much

basically.....dunno
they are moving to Scotland.....

 

[Dentalfloss]

finally....dax movin