Trading with point and figure

[Dentalfloss]

Range getting squeezed on spx and dax
Goin to pop
30 min candle

 

[Dentalfloss]

 

[Dentalfloss]

dax
messy
bullish
rangebound
what more stress do ya need ??

 

[Moneylender]

dax
messy
bullish
rangebound
what more stress do ya need ??

Had the stress yesterday!

today is all peace and calm:cheesy::cheesy:

 

[Dentalfloss]

as we said yesterday
lots of supp from 9600-9650
9800 big res
goin either way
watch to see if green trendline holds..test in 9680 area

 

[Dentalfloss]

spx
still in reasonable shape for the bulls

one week of data

 

[Dentalfloss]

1923 a good supp
probably get retested
9637 also

 

[Dentalfloss]

DAX

 

[Moneylender]

Didnt quite make 9630 but recoiled up from that area.

 

[Dentalfloss]

Had the stress yesterday!

today is all peace and calm:cheesy::cheesy:

the rolling stones song
here comes your 19th nervous breakdown
i play it every morning

 

[Dentalfloss]

Didnt quite make 9630 but recoiled up from that area.

that area will take a bit of time to sort out
the res area we marked yesterday on spx has worked well..especially overnight
market needs to know where its going

 

[Dentalfloss]

overnight trades...still in

 

[Dentalfloss]

overnight trades...still in

stops very tight now

 

[Moneylender]

stops very tight now

Am surprised you held over night esp DAX ones

 

[Dentalfloss]

Am surprised you held over night esp DAX ones

i was happy with that res area on spx
i was in decent points by 10pm last night
stop based on volatility....keep it out of harms way...just let it roll

 

[Dentalfloss]

i was happy with that res area on spx
i was in decent points by 10pm last night
stop based on volatility....keep it out of harms way...just let it roll

there are no guarantees...you can only get stopped out

 

[Dentalfloss]

just a reminder
res/50% area
we posted this at 8.03 am yesterday

 

[Dentalfloss]

that was the basis for all dax and spx trades yesterday and overnight
we also had marked yesterday morning that wti chart was going negative

 

[Dentalfloss]

stopped out of dax and spx
excellent run

 

[Moneylender]

stopped out of dax and spx
excellent run

Nice one.

Dont think I looked at the bigger picture yest. Had in my head it was going up
after my success first thing, was then fight a rear guard action all day.