Trading with point and figure

[Moneylender]

Still looks messy to me!

 

[Moneylender]

Base formed with a trend up but not sure about it at all! Down trend @ 70-75 area

 

[NickBk]

Base formed with a trend up but not sure about it at all! Down trend @ 70-75 area

Nice chart, worked out very well so far.

It's useful to come and get some confirmation from you guys during the day and mostly we will be in agreement.

Cheers

 

[Moneylender]

Base formed with a trend up but not sure about it at all! Down trend @ 70-75 area

Stopped out @ 18 with a good few

 

[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

9770..ya hummer

 

[Moneylender]

9770..ya hummer

690 to 770 and back down to 710, you took a few there 007?

 

[Dentalfloss]

Stopped out @ 18 with a good few

excellent

 

[Moneylender]

How it panned out, up down and up a bit more. Now where?

 

[f2calv]

FYI - current progress on my "roll your own" P&F charting system

Next planned additions are;

• real time price indicator
• pivot points (for the hell of it)
• day/hour change indicator
• multi-instrument P&F charts side-by-side/over-and-under
• actually *properly* implementing Close, Hi/Lo and Lo/Hi types - I'm going to need some help from you guys on that one...

Also Mr D the du Plessis book finally arrived and it has a section on lo/hi charts, which (as I guessed) is simply hi/lo inverted

 

[Moneylender]

Looking good F2.

I used to windsurf on F2 boards, any link to your name?

 

[f2calv]

Looking good F2.

I used to windsurf on F2 boards, any link to your name?

Hah nice guess, but not that... although I'm going windsurfing in the summer in Sylt where they hold the world windsurfing cup... no I'm not competing

F2... the clue is in my email address matey

 

[Moneylender]

State of play @ 12.15, ECB getting closer, will it carry on up to 9830-40 area??

R1 is at 805 there now

 

[Moneylender]

Nice ride up from 9700 area on last move.

 

[Dentalfloss]

possible scenario
oil bounce off 50%
whispers of Draghi QE
index rallies on that
any veiws ??

marked yestrerday at 8 am

 

[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

marked at 2.18pm yesterday

 

[Dentalfloss]

horizontal supp did not hoild...went down to 1980 area...still bullish
then rallied
see above chart

 

[Dentalfloss]

dax
price stayed above red when downtrend broke

 

[Dentalfloss]

our spx chart from yesterday..updated
price broke the downtrend..then got messy
got more bullish overnight

 

[Dentalfloss]

we was ready for the move

 

[Dentalfloss]

oil...still not broken our res area
could be dampener