Trading with point and figure

[Dentalfloss]

23244 is trend supp
we are in 23370 rez area now
lets see what happens
went negative yesterday

 

[Dentalfloss]

it is only a break of that minor trend/aqua

 

[Moneylender]

finally...a trend break

Yeah but its reversing as we type!

 

[Dentalfloss]

dow
seems to be in a minor downtrend
needs to take out 23320...a bad bounce should have 23350-23370 as rez
lets see

lets see what happens

 

[Dentalfloss]

Yeah but its reversing as we type!

a trend break...price can reverse...yu just watch rez more carefully

 

[Moneylender]

At Res now 23385

 

[Dentalfloss]

it was the move down to 23320 that made it go a tad negative

 

[Dentalfloss]

23350 needs to support for the bulls
lets see what happens

 

[Dentalfloss]

23413 is trend rez on chart posted

 

[Dentalfloss]

At Res now 23385

whammo

 

[Moneylender]

At Res now 23385

Easy 25 pips on offer there!

 

[Dentalfloss]

23380 pump or dump

 

[Dentalfloss]

ditto gbpjpy 151.00

 

[Dentalfloss]

23380 pump or dump

decent few
dump from 23.4K
excellent

 

[inzimam]

I can't believe where the Dax is!

 

[Dentalfloss]

mornin folks

 

[Dentalfloss]

Cable
into the open
in a p/d area/red horizontal
1.3350 was a prev supp area....poss big rez


FOMC tonight
poss rate rise tomorra
NFP Friday


gives us a decent mix

maybe even a tad overbought

 

[Dentalfloss]

correction 1.3340 on 4 hour bar chart
1.3260 area could get a hammerin

 

[Dentalfloss]

I can't believe where the Dax is!

we said there was no sign of any bears


this is a numbers game....nowt else....has nothing to do with fundamentals anymore....lol

 

[inzimam]

Where is this money coming from? Absurd