Trading with point and figure

[Dentalfloss]

general picture of dax
testing the trend

 

[Dentalfloss]

excellent scalping off 11250 area
in and out

 

[boyplunger1929]

overnight trade worked out well from low at 11082, closed too early though. 11283 res for me, although that 11256 dentist area holding things up.

draghi normally over delivers if so then we could easily surpass recent highs 114xx

euro slow grind lower, if draghi disappoints expect euro to rally past 10650

 

[Moneylender]

overnight trade worked out well from low at 11082, closed too early though. 11283 res for me, although that 11256 dentist area holding things up.

draghi normally over delivers if so then we could easily surpass recent highs 114xx

euro slow grind lower, if draghi disappoints expect euro to rally past 10650

Did something similar overnight long worked out ok.

Not sure what will happen at 1.30 so will prob stay flat fgor ECB, even so dont see it going much higher than recent highs, but who knows!

 

[Dentalfloss]

dax broken out and bullish

11305 area next stop

then 11322 area

 

[Dentalfloss]

11339-11356 the big one/prev supp area

 

[Dentalfloss]

needs to stay above 11250-11270 area to keep bulls in

 

[Dentalfloss]

into our 11305 area and prev 11300 area
scalps in and out

 

[Dentalfloss]

needs to stay above 11250-11270 area to keep bulls in

bulls kept in

 

[Dentalfloss]

into our 2095 area on spx/prev supp= res
lets see how it handles it

 

[Dentalfloss]

11316 comin up as a big res

 

[boyplunger1929]

missed that last move. more to follow i got 11330/40 as next stop..

 

[Dentalfloss]

nearly time for tea and biscuits

 

[Dentalfloss]

scalps in and out at retest of 11305 area

 

[Moneylender]

Wow just nipped to shop for a secv and its going up nicely!

 

[Moneylender]

Res coming up @ blue line

 

[boyplunger1929]

Red coming up @ blue line

nice and 11350 above that

stake of resistance that should hold it until draghi

 

[Moneylender]

320 was res for time being, just short of my blue line! should drop back to 270 area.

Edit: Bit late posting this, still having upload probs!

 

[Dentalfloss]

11316 comin up as a big res

nailed ..posted at 10.16 am..hit at 10.44am
scalps in and out
its goin back in for a retest
extra bikkies for me

 

[Moneylender]

Expect a cut interest rate from ECB?

10 mins