Trading with point and figure

[Dentalfloss]

spx broken that minor downtrend that started on eTuesday evening
1987-1988 big confluence area for a bull test
1986 horizontal supp
we could go to 9900..maybe 10k and even 10065 .. and 2007-2010 on spx
lets see if the bulls can take charge

no guarantees...could be a fake..lol

 

[Dentalfloss]

Hi Dentist007,

Could you tell me which platform you tend to trade on?

platform 10
9.27 from Euston to Manchester /Piccadilly

 

[Moneylender]

What a morning, think I got on the wrong bus!

 

[J H PAGE]

platform 10
9.27 from Euston to Manchester /Piccadilly

dentist007 - I can see you have jokes!

Good effort.

I'm enquiring as i noticed you like to use NetDanias Charting package.

 

[Dentalfloss]

dax
one week of data
bullish move this morning/aqua 9772-9786 breakout point
red trendline..could be supp at9758 area.down to 9744 and 9730

9758..excellent
lets see if the bulls come in

 

[Moneylender]

Supp @ 9730

 

[Dentalfloss]

wham..support held
crude oil inventoriues

 

[Dentalfloss]

spx broken that minor downtrend that started on eTuesday evening
1987-1988 big confluence area for a bull test
1986 horizontal supp
we could go to 9900..maybe 10k and even 10065 .. and 2007-2010 on spx
lets see if the bulls can take charge

slightly out with the support..who cares
got a decent rally from 1980

 

[Dentalfloss]

dax into the open

trend shown from 11th FEBRUARY

 

[Dentalfloss]

price rangebound for over a week
9690 minor trend supp
horizontal supp/aqua at 9637 area
upper boundary 9821 area
could go either way
9600/green trendline area
minor trend res at 9770 area

 

[Moneylender]

Good morning, ECB today should add some spice to it!

 

[Dentalfloss]

more detail
trend from 25th feb

 

[Dentalfloss]

Good morning, ECB today should add some spice to it!

lets hope so

 

[Dentalfloss]

9625 decent bull test..lets see

 

[Dentalfloss]

messy yesterday afternoon
aqua....spike/pole

 

[Dentalfloss]

the good bit was that we had 9800 and above..the dog zone..
got caught a couple of times with the support..but stiill ended well

 

[Dentalfloss]

downmove from that spike on 1 minute
price got messy..in that situation...go to the pub....

 

[NickBk]

the good bit was that we had 9800 and above..the dog zone..
got caught a couple of times with the support..but stiill ended well

Agreed, a bit of patience was required but after the initial surge it died, only slowly till it hit 9800 again then picked up.

 

[Moneylender]

Pivots for e day

 

[Dentalfloss]

when it gets messy..you need to be nimble fingered
change inputs and that will tell you to stay in or get out
sometimes...rarely..you get caught
it all ended very well...but could have had more time in the pub..lol