Trading with point and figure

[Dentalfloss]

Dow
goin either way

zone marked between green and aqua

 

[inzimam]

looking for the turn around

 

[Dentalfloss]

initial look

 

[inzimam]

i need a new broker for my mt4 data..IG have had some stupid issues lately. Ghost spikes which screw up everything

 

[inzimam]

zone marked between green and aqua

There are several reaction points, you seem to choose the lower one..how do you know?

 

[Dentalfloss]

There are several reaction points, you seem to choose the lower one..how do you know?

Start with most confluence
Horizontal supp to included

 

[Dentalfloss]

Start with most confluence
Horizontal supp to included

eurusd
latest trend isolated

 

[Dentalfloss]

Cable

 

[Dentalfloss]

looks to be on the verge of a pullback
a very orderly uptrend

 

[Dentalfloss]

above 26388 is rez....imho

 

[Dentalfloss]

1 year of data
box size is approx 70pts
rev 2
hilo plot

 

[Dentalfloss]

In theory..it should come off the boil

 

[Dentalfloss]

26425 is a horizontal supp
then 26400/round

 

[Dentalfloss]

OIL

 

[Dentalfloss]

close up

 

[Dentalfloss]

Areas marked

 

[Dentalfloss]

area 1....between upper aqua and middle
area 2 middle aqua to lower
then we look for area of horizontal supp

 

[Dentalfloss]

26425 is a horizontal supp
then 26400/round

26425 hit..and bounce

 

[Dentalfloss]

26432-26440 is a prev supp on 1 min
poss rez for the bounce

 

[Dentalfloss]

Mornin folks