Trading with point and figure

[Moneylender]

Here comes the rebound!

 

[Dentalfloss]

straight back into our 2040
excellent

now ...here is where it gets interesting
we want to go deep into the 2031 area
bears think they won
zip...its a trap..lol
lets see what happens

 

[Dentalfloss]

Here comes the rebound!

rebound from our 9882 area we marked this morning
excellent

 

[Dentalfloss]

if we get lucky...there will be a decent bear trap below 9800 and 2033...ish
no guarantees...lol

 

[Moneylender]

Stops tightened

 

[Moneylender]

Stops tightened

And out, not sure about a short though

 

[Moneylender]

And out, not sure about a short though

2041 and 9880 are the bottoms????

guess not.

 

[Moneylender]

2041 and 9880 are the bottoms????

guess not.

Brought stop up to plus 5, playing safe now!

 

[Dentalfloss]

bounced at 2033.70...must be a big Fibo

 

[Moneylender]

bounced at 2033.70...must be a big Fibo

yeah I lost a few on spx but got them back on DAX

Stop at plus 20 now 9900

 

[Moneylender]

yeah I lost a few on spx but got them back on DAX

Stop at plus 20 now 9900

Closed @ 9910 with 30 less my loss on spx but a nice profit combined!!:cheesy:

 

[Moneylender]

now ...here is where it gets interesting
we want to go deep into the 2031 area
bears think they won
zip...its a trap..lol
lets see what happens

I really didnt think you would get your 2031!

Dont know why I questioned it really. :smart::smart::smart:

 

[Moneylender]

Think thats all from me today, ECB tomorrow, more fun n games. G'night all.

 

[Dentalfloss]

I really didnt think you would get your 2031!

Dont know why I questioned it really. :smart::smart::smart:

the big numbers attract attention...and manipulations

 

[MichaelJohnFX]

Morning All.

Markets not looking too healthy. Bearish bias today

 

[Moneylender]

Good morning! As Chronic says looking a little bearish sofar. Chart shows last couple of days trends and levels.

 

[Dentalfloss]

dax
a general look

 

[Dentalfloss]

spx
general look

 

[f2calv]

As Chronic says looking a little bearish sofar.

#justSaying

 

[Dentalfloss]

9800 to hold ??
or we go down and trap the bears ?