Trading with point and figure

[Dentalfloss]

26244-26267 first supp area/trend supp/aqua

 

[Dentalfloss]

then 26200 pivot at 26165 area
or we bust thru 26320

 

[Dentalfloss]

no sign of a turn..scalp shorts only

 

[Dentalfloss]

26280 pivot

 

[cantagril]

I hate Dentists!!

They're not all bad

 

[Dentalfloss]

then 26200 pivot at 26165 area
or we bust thru 26320

26320 busted
excellent stuff

 

[Dentalfloss]

Canta
you are looking at a possible 12% devaluation of eur versus gbp

 

[Dentalfloss]

ftse lagging again

 

[inzimam]

13515 under pressure

 

[inzimam]

Damn.. I went long prematurely

 

[Moneylender]

Nice move on Dax where's next support

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[inzimam]

Nice move on Dax where's next support

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Looking at your chart from earlier it looks to have hit it

 

[Moneylender]

Looking at your chart from earlier it looks to have hit it

I am driving now so cheers for that

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[inzimam]

13413 might be the next one

 

[inzimam]

13400 hit

 

[cantagril]

Canta
you are looking at a possible 12% devaluation of eur versus gbp

I'd agree that if enough people jump on the bandwagon then there might well be a thump. That said, the Brexit soap shows no sign of coming to the end of its run so I would expect increased volatility and not that many straight lines.

Yes, the UK economy will benefit from stability but the EU has been improving more quietly for quite some time - it seems to me that the debate is along the lines of whether that improvement is really going to help Sterling or hinder it and in the meantime every time a new negative implication of Brexit is recognised there'll be a jolt. So, all in all: dunno

 

[Moneylender]

DAX update with change of parameters

 

[cantagril]

Scalp long at 13385

 

[Moneylender]

Scalp long at 13385

13377 the low, nice one!:clap:

 

[cantagril]

Scalp long at 13385

Stopped out for +3. Greed is not good