Trading with point and figure

[Moneylender]

Updated chart. Two blue lines are break outs and purple offered some supp on way back down but failed. Supp found at lower blue line, previous BO.

 

[Moneylender]

in supp scalp long
tight stops

Stop to BE, let it run now, grabbing a coffee!:cheesy:

 

[Dentalfloss]

Stop to BE, let it run now, grabbing a coffee!:cheesy:

excellent bounce
9950 on dax and 2064 on spx
both marked premarket

 

[Moneylender]

Closed @ 10015, another 50 points!

 

[Moneylender]

Looking for a pull back now for a re entry

 

[Dentalfloss]

stops tightened

 

[Dentalfloss]

Looking for a pull back now for a re entry

eghh..hate it
could go either way

 

[Dentalfloss]

eghh..hate it
could go either way

stopped out
excellent run
not happy with long or short..just yet

 

[Moneylender]

stopped out
excellent run
not happy with long or short..just yet

Its oil that is causing the volatillity as it nears $50. lots of traders will unload at this level.

 

[Dentalfloss]

really tricky on 1 min candle
a minor downtrend that is recoiling

 

[Moneylender]

really tricky on 1 min candle
a minor downtrend that is recoiling

Waiting for 9985 before going long again, got caught with 10k and lost a few on way down.

 

[Moneylender]

Waiting for 9985 before going long again, got caught with 10k and lost a few on way down.

in at 9982

 

[Moneylender]

out with a few to cover my loss earier. its all a bit jittery

 

[Moneylender]

Took a few more off the bounce from 9955. Closed with 10 in the pot, not greedy in this market.

 

[Moneylender]

Looking for supp at the trend line. Lets see.

 

[Moneylender]

Looking for supp at the trend line. Lets see.

Stopped out with a few more pips!

It couldnt break through the light blue res level!

 

[Moneylender]

Thats the gap filled from fri night

 

[Moneylender]

Chart update. Showing supports below, need the US open now to give some momentum

 

[Dentalfloss]

spx

 

[Dentalfloss]

in our 2057 area
do we bounce or get taken down to 2052 ??
OTHERWISE BACK DOWN TO 2047 HORIZONTAL SUPP AREA
2064 res ...could still be a dog