Trading with point and figure

[Dentalfloss]

gbp crosses pumpin
excellent
we have been buyin dips this morning

 

[Dentalfloss]

10610 was prev supp on 1 min
became rez
excellent

scalp the dump

 

[Dentalfloss]

stopped out on gbp
excellent runs

 

[Dentalfloss]

gbp crosses now in rez
poss pullback time

 

[Dentalfloss]

130.30 seems to be supporting gbpjpy
lets see if it pops 130.75 area
pump or dump

pump...ya hummer

 

[Dentalfloss]

gbp
no sign of a pullback as yet
got in for a bit more
tight stops

 

[Dentalfloss]

gbp
no sign of a pullback as yet
got in for a bit more
tight stops

stopped out fro a decent run
now its rez ??

 

[f2calv]

007 a good call on both dax pump and gbp crosses, we are not worthy!

 

[Dentalfloss]

could have got a bit more on gbp crosses ...who cares

 

[f2calv]

could have got a bit more on gbp crosses ...who cares

Well some is better than none, the last mini-spike in gbpusd down to 1.306 basically stopped me out by 1 or 2 points and then went parabolic in my intended direction. Guess that'll teach me to improve my stop skills :/
Not sore, honest.

 

[Dentalfloss]

007 a good call on both dax pump and gbp crosses, we are not worthy!

plus 500 so far this morning..no complaints

 

[f2calv]

plus 500 so far this morning..no complaints

For £10/point I hope.

 

[MichaelJohnFX]

plus 500 so far this morning..no complaints

 

[Dentalfloss]

Well some is better than none, the last mini-spike in gbpusd down to 1.306 basically stopped me out by 1 or 2 points and then went parabolic in my intended direction. Guess that'll teach me to improve my stop skills :/
Not sore, honest.

if the pullback pattern is deep..you have to wait till price moves nearer to the breakout and the pattern gets tighter

 

[Dentalfloss]

missed a few more on gbpjpy
take the signals...
broke my own rules...lol

 

[Dentalfloss]

luckily the dax went quiet...was too bizzee with gbp

 

[Dentalfloss]

dax lookin a bit too quiet

 

[NickBk]

I stopped Dax already long time this am, gbp much better as you noted even had a nice touch on $/¥.

 

[MichaelJohnFX]

FX has never, and probably will never me my strong point lol

 

[MichaelJohnFX]

Dax looks like it's beautifully setting itself up for a Swing Failure of today's low. 10562-10548, areas to watch imho.