Trading with point and figure

[f2calv]

no signal to short as yet...uneless scalps
that minor uptrend before FOMC flushed out a few bears
we just to look for that minor uptrend to burn out

Don't you mean downtrend here? :|

 

[MichaelJohnFX]

Yh seem to agree with the general sentiment of the thread. A pump to res at 10640ish. Then 10606-10598 seems to be a decent area. Value area high from yesterday. From my charts, could go as high as 10740ish if 10640 res breaks

 

[Dentalfloss]

Don't you mean downtrend here? :|

red broken
green uptrend on last chart posted

 

[Dentalfloss]

DAX

 

[Dentalfloss]

dax
general picture

it all depends on how it handles rez

 

[Dentalfloss]

18620 a big rez area..there now

 

[MichaelJohnFX]

Yh seem to agree with the general sentiment of the thread. A pump to res at 10640ish. Then 10606-10598 seems to be a decent area. Value area high from yesterday. From my charts, could go as high as 10740ish if 10640 res breaks

10574 if it overshoots

 

[Dentalfloss]

scalp shorts off 10 second candles from our 10620 area
plus 45 so far

 

[Dentalfloss]

add 15

 

[Dentalfloss]

10574 if it overshoots

gotcha

 

[Dentalfloss]

add another 12

 

[Dentalfloss]

10574..chronics
could bounce
been scalping all bounce on 10 second candle
overshoot to 10567 and bouncing
excellent

 

[MichaelJohnFX]

10574 if it overshoots

Long in - tight stop

 

[Dentalfloss]

messy now
even on 10 second candles

 

[Dentalfloss]

bounce went to 10587..that was rez on 10 second candles

 

[Dentalfloss]

bounce went to 10587..that was rez on 10 second candles

consolidating at 10576 now

 

[Dentalfloss]

bounce taken off Chronics\
and out

 

[Dentalfloss]

into 10592 /prev supp on 1 min and out
plus 90 so far

 

[Dentalfloss]

scalp short out of 10592

 

[Dentalfloss]

and out
got the 100 pips