Trading with point and figure

[Dentalfloss]

spx
shows the downmove from last night

 

[Dentalfloss]

p/b and our 8790 held as supp

 

[Dentalfloss]

Good work, I must admit I stopped using the tick chart, I used it for about 6 months solid, but I found after a while I could actually picture the tick within the 1 min, so I'm glad I grew accustomed to it, but the tick drew me away from the bigger picture too much.

Agreed this is a great market for us, traction is becoming more evident of late.

I'm hoping this cycle continues.

Back in for 2pm'ish, good luck

The 800 here should be intersting

yes
tick really only usefulwhen market unsure

 

[Dentalfloss]

dax

 

[Atilla]

spx
shows the downmove from last night

If TA is anything to go by this is the third test of 1800s, and looks like 1900 rejected so expecting this support level to fail and 1750 penciled in imo.

 

[Dentalfloss]

1827 first test of res

 

[Dentalfloss]

1827 first test of res

hit
excellent
stops tightened

 

[Dentalfloss]

8850 on dax we marked this morning working well
excellent movement..in and out

 

[Moneylender]

8850 on dax we marked this morning working well
excellent movement..in and out

Stoppedout on way to 850!:clap:

 

[Dentalfloss]

Stoppedout on way to 850!:clap:

shedloads ??

 

[Dentalfloss]

1827 first test of res

popped..and off we go

 

[Dentalfloss]

1838 big res area
stops tightened

 

[Dentalfloss]

1838 big res area
stops tightened

stopped out
excellent run

 

[Moneylender]

Trend down is still in play or not?

 

[Moneylender]

shedloads ??

unfortunately not a shed full.

Got problems with my Son and cannot devote much time to trading at the moment.

 

[Dentalfloss]

DAX
u wanna call it ....lol

 

[Dentalfloss]

Trend down is still in play or not?

yes...but that does not mean it can bounce

 

[Moneylender]

860 is the res lets see where to now.

 

[Dentalfloss]

spx
shows the downmove from last night

updated chart

 

[Dentalfloss]

860 is the res lets see where to now.

needs to stay above 8814 ish
8827 first
cluster area in 8820