Trading with point and figure

[Dentalfloss]

Spx has prev supp area at 2091....testing that area now as res
Cable...could get a fake above 1.4720
Not looking too good for the bulls
Lets see

 

[Dentalfloss]

a slightly bearish start as we said

 

[Moneylender]

Morning boss,

 

[Dentalfloss]

dax into the open
bulls need to keep it above 9900 area

 

[Moneylender]

Can go anywhere this week but a couple of SnR to work off

 

[Dentalfloss]

spx into the open

 

[Dentalfloss]

cable pumped our 1.4720...finally
took gbpjpy with it
excellent result
index plummet as we marked premarket
all goin to plan....lol.......never had a plan

 

[Moneylender]

cable pumped our 1.4720...finally
took gbpjpy with it
excellent result
index plummet as we marked premarket
all goin to plan....lol.......never had a plan

your supposed to PLAN your trades!!!!

:smart:

 

[Dentalfloss]

plan... you cannot really have one if you trade with p/f
you mark levels on the chart on the inputs that you might feel are right...so it is not an exact method
you then have some idea where signals might occurr
then...take the signals

 

[Dentalfloss]

your supposed to PLAN your trades!!!!

:smart:

difficult to have an exact plan with p/f...imho
reason
your inputs for the chart are only giving you a rough idea..it does not mean that the market will respect those inputs
same with levels...market might not respect the levels you think might hold

 

[Dentalfloss]

zip...straight into our 9920 area supp from yesterday
and bounce
excellent
in res
stops tightened

 

[Moneylender]

Can go anywhere this week but a couple of SnR to work off

Bounced off 9926 nicely.

Stops tightened now as we head for 9980!

 

[Dentalfloss]

zip...straight into our 9920 area supp from yesterday
and bounce
excellent
in res
stops tightened

2088 is a horizontal supp on spx//chart posted.
bounce off that
bulls still there...just

 

[Moneylender]

Can go anywhere this week but a couple of SnR to work off

Bounced off 9926 nicely.

Stops tightened now as we head for 9980!

And stopped out for a good few!

 

[Dentalfloss]

Can go anywhere this week but a couple of SnR to work off

Bounced off 9926 nicely.

Stops tightened now as we head for 9980!

excellent

 

[Moneylender]

9985 hit and resisted! poss 30 pips short now for the brave!!

 

[Dentalfloss]

as we said
you really cannot plan
we had a slightly bearish bias premarket..straight into our 9920 area
retest 9926 on 1 min and bounce
scalp short from 980 res area

 

[Dentalfloss]

9985 hit and resisted! poss 30 pips short now for the brave!!

excellent

 

[Dentalfloss]

tank into 9956 area/prev breakout
stopped out..there
excellent result

 

[Moneylender]

excellent

And out with 20, not going to plan then/!!! lol