Trading with point and figure

[MichaelJohnFX]

Morning.

 

[Moneylender]

Dax has to get above 10350 to continue going up!
I will be surprised if that happens today

 

[Dentalfloss]

careful.....

 

[f2calv]

Well my plan for August is to have a crack at the fxcm trading contest;

• https://www.fxcm.com/uk/advantages/mini-account/trading-contest/

I've got an account funded with £100 and ready to go...

...not sure I'm going to break 1000% tbh!

 

[Dentalfloss]

that pivot area 10370-10400/aqua seems quite strong

 

[Dentalfloss]

the good bit..range is getting squeezed
a pop either way
and...
pop could be false..lol

 

[MichaelJohnFX]

10258-10272. Really strong area. Fails to hold, Dax starts looking very bearish imho.

 

[Dentalfloss]

Well my plan for August is to have a crack at the fxcm trading contest;

• https://www.fxcm.com/uk/advantages/mini-account/trading-contest/

I've got an account funded with £100 and ready to go...

...not sure I'm going to break 1000% tbh!

good luck

 

[Dentalfloss]

10258-10272. Really strong area. Fails to hold, Dax starts looking very bearish imho.

no sign of a top as yet

 

[f2calv]

o m g ftse below 6700

 

[Moneylender]

Poss bounce off 10295- 300 area

 

[Moneylender]

Poss bounce off 10295- 300 area

Stopped out @ 305

 

[Dentalfloss]

dax
a closer look

 

[Dentalfloss]

in line with Chronics supp area

 

[Moneylender]

Stopped out @ 305

bouncing up nicely, stop tightened

 

[Moneylender]

bouncing up nicely, stop tightened

out with a few off the bounce.

 

[Moneylender]

todays possibilities, I didnt get the first (biggest)!!

 

[Moneylender]

10305 to 10330 working well

 

[Moneylender]

Nice spike up to 350 and then down, good few point there!!

 

[Moneylender]

5 Trades sofar, time for tean n toast now.