Trading with point and figure

[Dentalfloss]

spx updated
range getting squeezed..ready for a pop

nailed 5.5 hours ago

 

[Dentalfloss]

nailed 5.5 hours ago

was out..missed it all

 

[Dentalfloss]

dow
if 17500 fails..then 17446- 17472 area/lilac line

 

[Dentalfloss]

made a top on Monday
i think we said on Tuesday that the top was in

You're getting quite good at this!!!:smart::smart::smart:

we had 2079 area marked at the weekend

 

[Dentalfloss]

2042 area of support from NFP broke at 6.50pm..was out
missed and not doing anymore today..just lookin

 

[f2calv]

I had trouble loading ...

Will take a look tomorrow dude

 

[f2calv]

bullseye and updata plot all the data in that file on to the plot area...which is a defined size
you can then adjust box /reversal and zoom
that does not happen with stockcharts.com...you get a small chart or a massive one...a real pain

Yep I hear you, right now I'm concentrating on getting the foundation/calculations right, then better visuals come later.

I have been looking into suitable chart/graphics components for pan and zoom but no joy as yet.

 

[Dentalfloss]

mornin folks
missed the overnight rally...was easy money if you went with the flow

 

[Dentalfloss]

dax since Monday open
2 downmoves and 1 recoil
recoiling again

 

[Dentalfloss]

trend res/purple 9612 area
trend supp 9468 area /green
horizontal res at 9696
9444 horizontal supp
could go either way
first move will be a bull or bear test..imho

 

[Dentalfloss]

spx
very high box size for one week of data
very condensed...but you can see the action clearly
the top on Monday and bearish resistance line/red
range defined now..areas marked

 

[Dentalfloss]

dax over last 24 hours
areas to watch

 

[Dentalfloss]

the good bit for today..a reasonably defined range on spx as per chart
scenarios
rangebound
breaks upper or lower boundaries with a decent breakk
breaks boundaries with a fake and recoils into the range

 

[Dentalfloss]

spx a closer look
24 hours of data

 

[Dentalfloss]

dax pop to our 9590
spx pop our 2052 res..2058 horizontal res looming
bulls happy if 2052 is supp

 

[Dentalfloss]

stopped out at 9580..excellent run
2056 a res area looming

 

[Dentalfloss]

9586 the high..very close to our 9590 we marked preopen
missed a few...who cares
pullback..got the retest..stop tightened

 

[Dentalfloss]

9600 then 9625
as per chart

 

[Dentalfloss]

classic point and figure trading scenario this morning....breakouts

 

[Dentalfloss]

stopped out on spx and dax
excellent run