Trading with point and figure

[MichaelJohnFX]

All shorts from the top taken off at 9577. Not too sure where we go from here, but my bias is lower.

 

[Moneylender]

Morning all, late one for me!

 

[Dentalfloss]

9531 -9540 area
could supp
excellent movement this morning

 

[Dentalfloss]

suppp area shown..lets see if it holds

 

[Atilla]

Any views on cable guys?

It's at PP-S3 @ 1.3137.

Thinking it's over-sold for now with an opportunity for it to bounce if supp holds.

 

[Dentalfloss]

dax updated

 

[Dentalfloss]

dax updated

bounce from supp into our rez
scalps in and out

 

[Dentalfloss]

Any views on cable guys?

It's at PP-S3 @ 1.3137.

Thinking it's over-sold for now with an opportunity for it to bounce if supp holds.

it might hold..it might tank
news driven
possible manipulation down...then a dovish FED

 

[Dentalfloss]

Carney..he has no real control
only QE and interest rates
all about confidence ..imho

 

[Dentalfloss]

cable

 

[Dentalfloss]

cable
that supp area from thos inputs goes down to 1.3084
so supp at 1.3120,then 1.3100..then 1.3084
rez is 1.3176-1.3222 area
could go anywhere...
how does that sound ??
gilts in an uptrend/yields down..not good for GBP crosses
CARNEY SPEAKIN IN 30 MINS

 

[Dentalfloss]

our 9576 rez area workin well

 

[MichaelJohnFX]

cable
that supp area from thos inputs goes down to 1.3084
so supp at 1.3120,then 1.3100..then 1.3084
rez is 1.3176-1.3222 area
could go anywhere...
how does that sound ??
gilts in an uptrend/yields down..not good for GBP crosses
CARNEY SPEAKIN IN 30 MINS

I reckon whatever he says, the market will probably spike, and then fade back down.

 

[Atilla]

cable
that supp area from thos inputs goes down to 1.3084
so supp at 1.3120,then 1.3100..then 1.3084
rez is 1.3176-1.3222 area
could go anywhere...
how does that sound ??

Those support levels below PP-S3, was what I wanted great thanks Mr D.

After S3, seldom does price exceed those levels in any one day.

I'm bearish over all but thinking the rapid falls over done. Agree with it all being about confidence. Looks like it'll get worse before it gets better. Think we will see 1.20s sooner or later.

 

[Dentalfloss]

gilts retest rez at 130..00 area
lets see what happens

 

[Dentalfloss]

Those support levels below PP-S3, was what I wanted great thanks Mr D.

After S3, seldom does price exceed those levels in any one day.

I'm bearish over all but thinking the rapid falls over done. Agree with it all being about confidence. Looks like it'll get worse before it gets better. Think we will see 1.20s sooner or later.

there are 3 box vertical count targets at $1.00 to 1 pound sterling
1 eur to 1 pound
great for exports

 

[Dentalfloss]

there are 3 box vertical count targets at $1.00 to 1 pound sterling
1 eur to 1 pound
great for exports

Peroni goin to be only for the rich
home brew for us all

 

[Dentalfloss]

Budweiser.Heineken,Peroni only for rich people

 

[Dentalfloss]

only rich people to afford to put perol in their Honda civic

 

[Dentalfloss]

Denbighs wine made in Dorking/Surrey...home grown wine
tastes of pewk..though