Trading with point and figure

all bullish stuff got rid off before selling
uptrend break
then wait for consecutive bearish signals
if they are not consecutive....then it is a broadening pattern=confusion...no good to us
 
Canta, are you still holding your EG long?

Nah. I set a TP target at .8775 and it got hit around 7.45pm. I should have got that at 2 o'clock but I wasn't really concentrating when I opened it and didn't put in a target so it went up and down without me:)

I don't want to be in again until the BoE interest rate is over.
 
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Dow index did print 23520 yesterday....now w e have something to work with
all the messing in 23400"s..messed up the chart
 
DOW index

jpfsc7.png
 
that is some wild stuff....lol
the only thing of note is that there is a reaction point on 25/10 and a new uptrend from that
that is a crazy chart..lol
long columns in both directions
5 reversal to get rid of noise
 
23350 is trend test area/green

23478 is trend rez/not marked....that coincides with pivotal pivots weekly R1 pivot
 
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