Trading with point and figure

[Moneylender]

2097 hit
excellent

:smart::smart:

 

[Moneylender]

Think I am done for the day, Monday is a Bank holiday so not sure If I will be here.

Have a good weekend everyone.

:clap::clap::clap:

And :smart::smart::smart: for 007, he got it right again!

 

[Dentalfloss]

bouncing in and out of our 2097 area
scalps in

 

[Moneylender]

ticking all the right boxes!

Still trying the res @ 10300!!

 

[Dentalfloss]

dax

res starts at 10380 area

 

[Dentalfloss]

change inputs

 

[Dentalfloss]

lookin like anything above 10320 horizontal res..goes into a more major res area
could go up to 10410...that could be the sweet spot

 

[Dentalfloss]

spx
at res
could go higher...could go lower...lol

 

[Dentalfloss]

dax and spx lookin like they are approaching reasonably major resistance
a bad bounce off res and bears lookin for 2086

we could get a fake..above 2107..ish...maybe even 2100
then 2094-2096 area needs to hold on pullback to keep bulls happy..a deeper pullback is 2086-2090 area
this is tricky stuff....but..there should be plenty of pips in the confusion

 

[Dentalfloss]

dax since 25th may
reasonably bullish
its just a matter of where our res areas we marked...trigger the bears
first test of supp/marked
possible fake above 10320/red..if that happens ..then bulls want 10308 area as supp to be happy

fakes possible in botn directions..lol

 

[Dentalfloss]

lookin for any clues in oil.wti

depends if 50.00 gets rejected
49.14 first test of supp
then 49.00
then 48.80..ish

 

[Dentalfloss]

in p/f terms..that 50.04 to 50.22 is a reasonable res area..it could knock back stock index
lets see how it gets handled
opec meeting this coming week

 

[Dentalfloss]

http://leavittbrothers.com/pdfs/LB weekly 20160529.pdf

 

[f2calv]

A long overdue progress update on my P&F charting/trading application.
The application is coming along, I feel I'm really pushing the boundaries of a console application here but to be fair I think point & figure and the retro look given to the application kind of go hand in hand. So I've added lots of bells and whistles :smart:

- Auto-support/resistance lines
- Additional days data can now be pre-prended (background cells are colour-coded to highlight day change).
- Switch market capability (i.e. switch from ftse to dax to nasdaq and so on)
- Configurable plot margins (i.e. left/right/both/none)
- Trade-from-P&F charts added including Orders2Open and transaction history.
- Trading features include auto-risk management and auto-position-sizing.
- More keyboard shortcuts than you can shake a stick at!

A big thank you to helpful input (and encouragement) from @Moneylender & @dentist007 - any further suggestions/ideas are welcome

Release date... when all the bugs have been squished :/

Last weeks FTSE 100;

Last weeks S&P 500;

 

[Moneylender]

F2 I know you're really looking for compliments, so



THATS BLOODY FANTASTIC.

Looks a little too complicated for my pea brain though, does it come with instructions?

:smart::smart::smart::smart::smart::smart::smart::smart:

 

[Moneylender]

The auto supp and res lines, can this be turned on and off?

 

[f2calv]

The auto supp and res lines, can this be turned on and off?

Yep

 

[Moneylender]

Morning all, just looked in.

Dont forget with US and London closed today the market makers
will have some fun so be careful if you trade.

 

[Dentalfloss]

dax since 25th may
reasonably bullish
its just a matter of where our res areas we marked...trigger the bears
first test of supp/marked
possible fake above 10320/red..if that happens ..then bulls want 10308 area as supp to be happy

fakes possible in botn directions..lol

scalps in and out of our 10284.....excellent results

 

[Dentalfloss]

getting 10308 area as supp...so far
all going to plan