Trading with point and figure

[Dentalfloss]

dax
support levels showing up clearly
2 days of data
possible early signs of a top...no confirmation

 

[Dentalfloss]

change inputs
lookin a bit juicier now

 

[Dentalfloss]

the latest column of "O"s
is that a pullback or a new downtrend ???
we dont know as yet
therefore we cannot call the top...
needs to bounce..then we will know a little more

 

[Moneylender]

Morning, nice charts.

 

[Dentalfloss]

dip from 10.1k got bought
10088 res area..10075 prev supp area

 

[Dentalfloss]

spx
no sign of a top
test of trend...a stack of horizontal supp underneath

 

[Dentalfloss]

Morning, nice charts.

just filtering the data
we take the signals
we dont call the top or sell 10200 calls...lol

 

[Mr Sept]

just filtering the data
we take the signals
we dont call the top or sell 10200 calls...lol

We do like getting paid to wait (Theta)......chuckles. Good morning gents.

 

[Moneylender]

Market could be a bit flat today being Friday

 

[Dentalfloss]

Market could be a bit flat today being Friday

if we get a top....who knows...

 

[Mr Sept]

The Oil traders will wooble a little....before the Doha meeting.
Then the relief rally.....short covering etc....which I think is already mostly priced in. With the view that this Oil rally has been ' buy the Rumour sell the Facts'. Keeping in mind that the level of production is bloated for good reasons, I don't expect it to fall much anytime soon. So I am eyeing the USA Banks and the 'Defaulters' in the Crude producers space.

 

[Moneylender]

if we get a top....who knows...

Starting to look toppy! Yeh from my tablet whilst having a lie in.

Well done F2

 

[Dentalfloss]

DAX

 

[Dentalfloss]

spx into the opn
no top as yet

 

[Dentalfloss]

should be a good session ....no clear direction

 

[Dentalfloss]

should be a good session ....no clear direction

Fakes in both directions

 

[Dentalfloss]

option expiry today

 

[MichaelJohnFX]

Trend res and horizontal res at 10079 - candle stick.

 

[Mr Sept]

option expiry today

Indeed.

 

[Dentalfloss]

aapl on the wires