Trading with point and figure

[Moneylender]

xau gettin dumped from res area we marked on other thread

You have another gold thread?

 

[Dentalfloss]

You have another gold thread?

not mine..Sujith
gold calls

 

[Dentalfloss]

rallied into our 1272 area this morning
retested a few times
then a dump
luvin it

 

[Dentalfloss]

9809 area ...again
and another dump
excellent
stops tightened
coincided with top on spx..2007 area from friday

 

[Dentalfloss]

oil/wti
how did we know when to scalp short ??

 

[Dentalfloss]

that was the last bit of latest uptrend
we got the most readable box size...in this case 2 cents by 1 reversal..hilo plot
that seemed to be the most readable to define a break of trend
price had overshot my res area that i had marked...so have to go and look for that trend break
cannot rely on levels...only

 

[Dentalfloss]

oil/wti
a bit over extended..lets see what happens

 

[Dentalfloss]

more detail

37.00 then 36.80 first sign of trouble

 

[Dentalfloss]

dax updated chart
not much change

 

[Moneylender]

Morning all

We are in a sideways market over past few days

 

[Dentalfloss]

itms saying that oil/wti price has reached his target at 38.00
could pullback and bring index with it

 

[Dentalfloss]

spx updated chart

 

[Dentalfloss]

Morning all

We are in a sideways market over past few days

mornin guv
u ready to Rumba ??

 

[Moneylender]

Pivots

 

[Moneylender]

opening drop was a bit harsh?

 

[Dentalfloss]

opening drop was a bit harsh?

shorts in..trend continuation

 

[Dentalfloss]

xau looks to break our res area

 

[Dentalfloss]

shorts in..trend continuation

remember we had 9809 marked as res yesterday
probably a move down to test the bulls...luvin it

 

[Dentalfloss]

dax updated

 

[Dentalfloss]

zip
straight into supp