Trading with point and figure

[Mr Sept]

Takes the Juice/Chart blender out....and switches to ON.

 

[Dentalfloss]

Is this relevant on a candlestick chart? As people on here know, I use the candle stick chart for my trading.

Yes..candles

 

[MichaelJohnFX]

Yes..candles

Thanks Dentist. Still a bit confused... Have you got a visual/example to illustrate this? Apologises to be a pain...

 

[Dentalfloss]

Thanks Dentist. Still a bit confused... Have you got a visual/example to illustrate this? Apologises to be a pain...

no example needed
a decent trend..the highs and the lows move in unison
a scraggy uptrend for example...lows start to move away from the highs

 

[Dentalfloss]

dax
updated chart from weekend
bulls need to sort out direction...lol

all areas nailed
9912 area nailed the top
2079 marked at the open..nailed

 

[Dentalfloss]

spx into the open

 

[Dentalfloss]

first move..thinking that we test 2070 pivot..as marked on the chart
no guarantees
or zip to 2080

 

[Dentalfloss]

bulls will be happy if lower red holds on test and retest
2060 needs to hold

 

[Dentalfloss]

dax short from our 9912 area working extremely well

 

[Dentalfloss]

Chronic
look at 1 min from our 9912 area that got hit..you will see what i mean

 

[Dentalfloss]

2066 first...then 2060 if it tanks

 

[Dentalfloss]

first move..thinking that we test 2070 pivot..as marked on the chart
no guarantees
or zip to 2080

wham...2070
luvin it
i like those first moves

 

[Dentalfloss]

stopped out on dax
excellent run

 

[Moneylender]

battle lines are drawn

 

[Dentalfloss]

spx 1 min
break of trend

 

[Dentalfloss]

uptrend from post nfp broken
either
we break lower
retrace a little and go up again
or we mess around

 

[Moneylender]

Had two short from 17800 area, closed first with a few and second one doing nicely now.

 

[Moneylender]

Had two short from 17800 area, closed first with a few and second one doing nicely now.

Stopped out for a good few, too tight a stop really but didnt want to give much back

 

[Dentalfloss]

move up to 2074 which was prev supp..then down
excellent
nailed that break of trend

 

[Moneylender]

Worked like a dream from 17800-20