Trading with point and figure

[Dentalfloss]

do we bust out of 18520..marked at the weekend

 

[Dentalfloss]

Hopefully 6820 will hold as Sp (I'm in L @6819). 6830 will be a bit of a beastie to get through I think.

yu got a quick 20pts to 6840

 

[MichaelJohnFX]

GBPUSD in a pretty big res area....

 

[Dentalfloss]

EURUSD..not quite in the sweet spot

 

[Dentalfloss]

GBPUSD in a pretty big res area....

yes...
but better if we can get into 1.3550 or higher...imho
1.3440 is a horizontal rez..there now
it could push higher to shakeout a few bears

 

[Dentalfloss]

oil/wti OCT
does not look bullish at all
supp just needs to come in ..lets see if we can test those rez areas marked
could drag indices
maybe more dollar weakness could get it higher

 

[MichaelJohnFX]

yes...
but better if we can get into 1.3550 or higher...imho
1.3440 is a horizontal rez..there now
it could push higher to shakeout a few bears

Agreed. Personally have the 1.3492-1.3535 area on my chart

 

[Dentalfloss]

gbpjpy at rez....but not quite into sweet spot...i think
could be wrong

ab ove 139.00 is poss mega rez

 

[Dentalfloss]

dow
pump or dump
that rez area goes up to 18561
supp is at 18492 area/aqua trendline...going down to 18446
2 weeks of data

 

[Dentalfloss]

a break gives us 18607-18630

 

[Dentalfloss]

mornin

 

[Moneylender]

Morning all

Close up of the past couple of days, looking positive.

 

[Dentalfloss]

6850 was our 50% area on ftse..there now
and prev supp on 30 min candle

 

[Dentalfloss]

Morning all

Close up of the past couple of days, looking positive.

yes sir..but it wont pump that rez...yet

 

[Dentalfloss]

ftsee
not quite in 50% area

 

[Dentalfloss]

ftse...from those inputs
6875 prev supp/trend rez
6850-6855 is 50%..could some sort of pivot area

6830 trend supp/aqua
6820 trend supp/green


supp should come in at 6835 area..if bulls are there
6800 it turns nasty for the bulls

 

[Dentalfloss]

ftse...from those inputs
6875 prev supp/trend rez
6850-6855 is 50%..could some sort of pivot area

6830 trend supp/aqua
6820 trend supp/green


supp should come in at 6835 area..if bulls are there
6800 it turns nasty for the bulls

a good one for trading....confusion
there are upside counts and downside counts...bulls and beears evenly matched
lets see what happens

 

[Dentalfloss]

gbpjpy in a prev breakout area 136.00
now its supp
will it hold ??

 

[Dentalfloss]

eurusd...we want that to pump a bit higher into our sweet spot

 

[Dentalfloss]

gbpusd
1.3422 is a prev minor supp...now minor rez
lets see if it can handle that