Trading with point and figure

[Moneylender]

Morning all, late start for me and I miss all the action

 

[Moneylender]

surprised 12900 didnt support!

 

[Moneylender]

nice bounce off 12845, chart is a slow chart to get some areas.

 

[Dentalfloss]

12926 is first rez area

 

[Moneylender]

12926 is first rez area

Got in @ 12860, cant believe we dropped 700 pips in a few days when I am busy elsewhere!!!

 

[Dentalfloss]

think the move below 12926 is a fake

 

[Dentalfloss]

Got in @ 12860, cant believe we dropped 700 pips in a few days when I am busy elsewhere!!!

move up was a fake....as we marked
so was goin to dump...no real support around

 

[Dentalfloss]

12926 was a wide supp area....was hardly given a second look....lol

 

[Moneylender]

think the move below 12926 is a fake

could well be and we have some FED speakers tomorrow to support the dollar hopefully!

 

[Dentalfloss]

as we said at the weekend our 23270/23289 was in for a hammerin

 

[Dentalfloss]

as we said at the weekend our 23270/23289 was in for a hammerin

did not expect it that quickly...lol

 

[Dentalfloss]

12958 the big Palooka

 

[Moneylender]

Got in @ 12860, cant believe we dropped 700 pips in a few days when I am busy elsewhere!!!

Stop in place to protect some profit.

not sure what will happen when US wakes up??

 

[Moneylender]

Here are some trends and SnR areas

 

[Moneylender]

Failed @ 12918 and stopped out

 

[Dentalfloss]

Failed @ 12918 and stopped out

we had 12926 marked....near enough

 

[Dentalfloss]

12926-12943 rez marked on the chart

 

[Dentalfloss]

12926-12943 rez marked on the chart

still there

 

[Dentalfloss]

our 23289...needs to pop

 

[Moneylender]

our 23289...needs to pop

pop:cheesy: