Trading with point and figure

[Dentalfloss]

Morning all,

Still holding my underwater USDCAD 1.2653 from yesterday.

Now long EURGBP .8702 Target .8725

yu are nearly there

 

[Dentalfloss]

dax in a tight range

 

[Dentalfloss]

Sir Canta
EG should pullback from your rez..
within that p/b should be an excellent low risk entry for another pump

 

[Dentalfloss]

Sir Canta
EG should pullback from your rez..
within that p/b should be an excellent low risk entry for another pump

there is a pivot at 0.8712 ..ish

 

[Dentalfloss]

1 min

 

[Dentalfloss]

some detail

 

[Dentalfloss]

Sir Canta
an excellent opportunity for you to trade the p/b
entry should be as low as poss on the p/b...if it happens....it should as there is overhead rez

the real meat is gettin the entry right
mark all the supp areas underneath and look for consecutive bullish signals on 1 min ...on a very low box size

 

[Dentalfloss]

Sir Canta
an excellent opportunity for you to trade the p/b
entry should be as low as poss on the p/b...if it happens....it should as there is overhead rez

the real meat is gettin the entry right
mark all the supp areas underneath and look for consecutive bullish signals on 1 min ...on a very low box size

gettin that method right is the holy grail of p/f
keeps stop tight

 

[cantagril]

1 min

Thanks for that - I'm thinking that alternatively it might dither around the 20/25 area before trying it on for a spike above trend. I've got to go out now and won't be able to do much for a few hours which probably includes following your call.

Anyway, I'm out now at .8723 for +21

 

[Dentalfloss]

cable dumpin nicely
stops tight
into our 1.4170 prev rez area now

 

[Dentalfloss]

EG 0.8724 hit.....pulling back now

 

[Dentalfloss]

Thanks for that - I'm thinking that alternatively it might dither around the 20/25 area before trying it on for a spike above trend. I've got to go out now and won't be able to do much for a few hours which probably includes following your call.

Anyway, I'm out now at .8723 for +21

 

[Dentalfloss]

p/b
0.8713 hit
watching

 

[Dentalfloss]

0.8711...and bounce
2 pips out...lol

 

[Dentalfloss]

retest 0.8924 rez area

 

[Dentalfloss]

cable dumpin nicely
stops tight
into our 1.4170 prev rez area now

and bounce....excellent

 

[Dentalfloss]

Sir Canta....an extra 25 pips ..ish from scalps

 

[Dentalfloss]

time for tea and biscuits

 

[Dentalfloss]

Sir Canta....an extra 25 pips ..ish from scalps

and a few more..it went to 0.8740

 

[cantagril]

Sir Canta....an extra 25 pips ..ish from scalps

Ta, Presidente!

Good call...but I wasn't able to take advantage. Now a bit less tied up so I'm short at .8735 (the spike that I was hoping for earlier) and am looking for .8712 -ish.