Trading with point and figure

272451
 
...... long CAC at 5960 x 1......TP is currently 5990.

I have to tear myself away from this fascinating epic so am reducing my TP to 5975, leaving my +1 stop as it is and adding a buy LO in at 5920.

Back on in an hour or so......

...and I 'm back in the room, to see that I got stopped out more or less as I was writing the above, at which point it then climbed fairly smoothly up to my original TP of 5990. Altogether an excellent trade which preserved my capital and - Ô joy! - even made me 1 pip:mad:
 
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