Trading with point and figure

[Moneylender]

Are we at the bottom, need the bulls to enter the mrkt. Supp at 9760-80 area.

 

[MichaelJohnFX]

Morning all

 

[MichaelJohnFX]

Loads of res at 9835 area

 

[Dentalfloss]

dax

gotcha....bulls in

 

[Dentalfloss]

break of trend on those inputs and a bullish signal in that break area
needs to stay above 9750/close to keep it bullish
could be a fake..we wont know until we get a bearish signal

 

[Moneylender]

Zoom in for close up

 

[Dentalfloss]

trend break is valid
bullish signal at the break...exactly what we need

that throws in more confusion....more volatility

 

[Dentalfloss]

spx

 

[Dentalfloss]

trend break is valid
bullish signal at the break...exactly what we need

that throws in more confusion....more volatility

3 box vertical count gives 10125 area
if you are very bearish...check your charts
it could be a fake.......then its all out the window..lol

 

[Dentalfloss]

dax
areas to watch

 

[Dentalfloss]

first move should be a bull test..no guarantees.......lol

 

[Dentalfloss]

zip...straight into 9856 and possibly 9884
no guarantees

 

[Moneylender]

zip...straight into 9856 and possibly 9884
no guarantees

Wanting a drop at the london open below 9800,
orders set, lets see.

 

[Dentalfloss]

no bull test as yet

 

[Dentalfloss]

Wanting a drop at the london open below 9800,
orders set, lets see.

you got it..excellent

 

[Moneylender]

you got it..excellent

Orders triggered, here we go

 

[MichaelJohnFX]

Orders triggered, here we go

I think you're definitely onto something.decrnt area to go long imho

 

[Moneylender]

Orders triggered, here we go

Stops tightened up and taken some off the table!

 

[Moneylender]

Stops tightened up and taken some off the table!

Closed all positions at a nice little pot!:clap::clap:

 

[Dentalfloss]

wham..straight into our 9856
a small loss at the open...who cares