Trading with point and figure

Morning all,

Still holding my longs - now at average .8850. I had been been looking at .89 for a short term target but am very tempted to bail out now (.8875 odd) but will hang on a tad longer.

Out at .8885 for +35 per. Chart shows the .8890 area as being fairly significant res so I'm taking the hint. ...which is of course the cue for it to immediately head for the stratosphere:rolleyes:
 

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...and stopped out for +34(n) Should've taken 13170 when it was in front of me.....

ok
no problem


however...if yu look at 5 min barchart...yu will see that prev supp started at 13160 area....yu should be ready to bail out quickly in that area
or tighten stop
 
ok
no problem


however...if yu look at 5 min barchart...yu will see that prev supp started at 13160 area....yu should be ready to bail out quickly in that area
or tighten stop

You're right but I wasn't in front of the screen and thought I was being smart enough with my stop. Ho hum. (n)

Perhaps I'll get another bite of the pie now - long again at 13121:whistling
 
You're right but I wasn't in front of the screen and thought I was being smart enough with my stop. Ho hum. (n)

Perhaps I'll get another bite of the pie now - long again at 13121:whistling

track it on your phone....its easy to see prev supp
 
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or if the misses is insistent on IKea

take a miniature...or two of Jack Daniels

order a Capuccino

pour in the Jack Daniels whilst the misses is not lookin
 
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