Trading with point and figure

[Dentalfloss]

dax
we either break higher or bull test

 

[Dentalfloss]

mornin all

 

[Dentalfloss]

mornin all

spx into the open
we either break higher or bull test

 

[Dentalfloss]

2075 marked seems to be a decent pivot area
bad bounce..shorts in
2086 the top area as per chart earlier
2078 is another pivot...to close to 2086..imho
no real sign of any bearish activity

 

[Moneylender]

Good morning all

 

[Dentalfloss]

dow

 

[Dentalfloss]

dow
a better veiw

 

[Dentalfloss]

index stuck at res with no direction...lol
better for us
no direction means lots of messing..bull and bear tests
earnings season has had little impact..oil getting shorted..top made yesterday
xau...excellent result from our call on the other thread

 

[Dentalfloss]

2075 test..lexcellent

 

[Dentalfloss]

dax has a new minor downtrend..started on 1 min

 

[Dentalfloss]

dax has a new minor downtrend..started on 1 min

started frtom 10078
but..10k area keepin it afloat
lets see

 

[MichaelJohnFX]

started frtom 10078
but..10k area keepin it afloat
lets see

Move to that 10078 also looked like a fake as well. 10060 (Breakout point) res about 20 mins ago

 

[Dentalfloss]

Move to that 10078 also looked like a fake as well. 10060 (Breakout point) res about 20 mins ago

yes..
really messy

 

[Dentalfloss]

demo purposes only

 

[Dentalfloss]

you dont need to hit refresh all the time..you can see it all from a barchart
2 breakout points...can you see them ??

 

[Dentalfloss]

the second one at 1235...price pulled back on retest
the 1232 area held and we got a SLOPING TRENDLINE /UP...not marked on the chart
1235 was a horizontal res if you loo back
then pop
identify the breakout points...can be done from bar/candles
look at p/b
sloping trendline/consecutive signals
then assess whether you want to enter or leave it
if necessary confirm on p/f

 

[Dentalfloss]

a few mins later
a decent pump..tightened stop and out

 

[Dentalfloss]

bounce from our 2075 to 2080 area/prev supp
excellent
dax just bouncing off 10k area..excellent

 

[Mr Sept]

Good morning gents.....

 

[Mr Sept]

Sells some 10200 and 10400 May Dax Calls