Trading with point and figure

[Moneylender]

nailed 11120 and 2092 areas

Top of the class, can we go down from here?:clap::clap:

 

[Dentalfloss]

Top of the class, can we go down from here?:clap::clap:

not sure..think there will be alot of messing first

 

[Moneylender]

We are now back at levels not seen since early summer

 

[Moneylender]

from that chart
last count...one bosxhorizontal gives 2090-2092 as the target...that Could be res
that mauve cluster area could be a real magnet on pullback

I have todays high sofar @ 2091.05.

not bad prediction there fair play

Edit: SnP Pivots are;

R2 2110.18
R1 2095.98
PP 2071.32
S1 2057.12
S2 2032.46

 

[Dentalfloss]

11130 area working very nicely
remember..this was only a guide
if you trade off levels..you might only get 3-5 trades a day
if you trade disequilibrium.ie breakouts..there should be at least 15-20 trades a day/per instrument.....more if you scalp
2092 area working well

 

[Moneylender]

11130 area working very nicely
remember..this was only a guide
if you trade off levels..you might only get 3-5 trades a day
if you trade disequilibrium.ie breakouts..there should be at least 15-20 trades a day/per instrument.....more if you scalp
2092 area working well

My biggest problem is I trade what I think will happen, not whats in front of me.
As in this morning I thought 065 was going to be the top, so I closed a long, didnt think we would top or even reach 11100.

 

[Dentalfloss]

back in our 11130 area..lets see what happens

 

[Dentalfloss]

update on dax

 

[Dentalfloss]

back in our 11130 area..lets see what happens

dong....not much....lol

 

[Moneylender]

Pausing for breath or totally exhausted?

 

[Dentalfloss]

A little giveaway...
11135 becam res on 1 min candle..it was a supp....sellers came in

 

[Dentalfloss]

Into 11080...prev breakout area on 1 min

Then a bounce

 

[Moneylender]

Levels and targets everywhere for this pm!

 

[Dentalfloss]

into 11060 and then a bounce
area on our list

 

[Dentalfloss]

so far

11130 our poss top..hit 11151...a bit out...but who cares...it was only a guide ..anyway
2092 on spx ..hit on the nail

 

[Dentalfloss]

bounce from 11060 should see res on 11117 area...possibly
bit of a cluster in 11117 area

 

[Dentalfloss]

move from 11152 /top
11134 was the entry if you used mr charts falling candles technique...lol
he would have charged you 1k for that

 

[Moneylender]

:cheesy:Cheque is in the post:cheesy:

 

[Dentalfloss]

650 point move on dax since we called it last weekend
92 point move on spx
720 point move on dow
was an ideal setup for a swing trade....had we been swing trading...lol
a bear rinse bonanza....

 

[Dentalfloss]

bears have only really had 2 tradeable moves on dax since Monday open..oh dear..lol
same on spx and dow