Trading with point and figure

[Dentalfloss]

dax
updated general veiw

 

[Dentalfloss]

OYE.........
i thought you said this was a point and figure thread

 

[Dentalfloss]

better to learn to read em all
candles/bars/pandf

 

[Dentalfloss]

spx

 

[Dentalfloss]

spx ...bulls needs to pop that 2635 pivot area

 

[Dentalfloss]

if it dumps...then 2628 supp

 

[Dentalfloss]

24200 pump or dump...yu can see that quite easily
24250 prev supp on chart

24200
dump
exellent

 

[inzimam]

Morning folks! I'm out all day today so won't be trading is posting much. Got a cheeky long in from 7 am on the Dax. Paid for my train ticket.. Result!

Have a good day!

 

[Dentalfloss]

mornin folks

 

[Dentalfloss]

dax updated
bulls creepin in

 

[Dentalfloss]

a closer look

 

[Dentalfloss]

and a bit more detail

 

[Dentalfloss]

13020 first supp area
then 13K

 

[Moneylender]

Morning all

Buying dips I think.

Sent from my Moto G (4) using Tapatalk

 

[Moneylender]

13050 first test!

Sent from my Moto G (4) using Tapatalk

 

[Dentalfloss]

general picture
a mass of of horizontal rez looming

 

[Dentalfloss]

- Digesting weaker than expected German Production, awaiting Eurozone Q3
GDP details, China FX Reserves, US Claims and Consumer Credit, ahead of
tonight's revised Japan Q3 GDP; politics in driving seat with Trump
Jerusalem decision, Brexit drama and German SPD vote on grand coalition

- Germany Industrial Production out of sync with Orders, 3-mth average
still positive and probably a better indication of trend rate

- Charts: WTI Oil, Coking Coal and Iron Ore futures

..........................................................................

********************
** EVENTS PREVIEW **
********************

While the day's schedule has a reasonable volume of data to digest, there are few items that look likely to jar markets in one direction or another, while the highlight on the events side of the calendar will be the German SPD convention, which will hold a vote on whether to approve grand coalition negotiations with CDU/CSU. Statistically, there are the German Industrial Production to digest ahead of China FX Reserves, final & detailed Eurozone Q3 GDP, US weekly jobless claims & Consumer Credit and Mexico, while tonight brings an expected upward revision to Japan Q3 GDP. On the govt bond auction front the UK holds the second of two Gilt auctions to help to 'mop up' coupon and redemption payments that fall today, with a £2.25 Bln auction of 2047 Gilt, while France and Spain wrap up their annual funding with multi-maturity sales. Politics will again be to the fore as UK govt attempts to find some compromise on the hypersensitive issue of the Irish border, while the fall-out from Trump's decision to recognize Jerusalem as Israel's capital threatens to escalate already enormous tensions across the Middle East, and quite obviously contradicts UN resolution 478 (https://en.wikipedia.org/wiki/United_Nations_Security_Council_Resolution_478)

German Industrial Production once again managed to disappointment at -1.4% m/m 2.7% y/y, notwithstanding the modest upward revision to September to -0.9% m/m from -1.6%, and clearly does not fit with the solid profile to Factory Orders. That said the 3-mth average still stands at 1.1%, considerably lower than the Q2 average of 1.9%, but still expanding. The risks on tonight's Japan revised Q3 GDP look to be to the upside of the consensus of 1.5% sAAR vs provisional 1.4%, given that last week's Q3 CapEx proved better than expected at 4.2% y/y (vs. forecast 3.2%), and this in turn suggested Q3 GDP should be revised up to around 2.0% SAAR.


from Marc Ostwald

 

[Dentalfloss]

ftse
pump or dump 7350

 

[Moneylender]

Needs a good bounce off 13020 or bears in.

Sent from my Moto G (4) using Tapatalk

 

[Dentalfloss]

dow into the open