Trading with point and figure

[swissy]

6744 and 10400
pump or dump
watch that pullback

Pump I have 6660-70 rez, sp 6740. Dump sp 6720, then 6700.

On pullback/re-test now... soon find out

 

[Dentalfloss]

ftse
trend broken/down...is it a dead cat bounce or a new uptrend ..??

red trendline is valid..goes back to last Friday...i only load a few days data on each timeframe..if i want to look back furteher..it forces me to go to a higher timeframe

 

[Dentalfloss]

dax

gave us a nice bullish signal yesterday at US open...other index followed...excellent

updated chart

still bullish

 

[Dentalfloss]

dax...if dsupp holds ..then maybe a decent upmove
ftse to follow

 

[Dentalfloss]

6744 and 10400
pump or dump
watch that pullback

dump so far
excellent

 

[Dentalfloss]

dax in supp now
will it hold ??

 

[Dentalfloss]

dax in supp now
will it hold ??

nope...excellent

 

[Dentalfloss]

and...we got supp
lets see if it holds

 

[Dentalfloss]

and...we got supp
lets see if it holds

dax might want to retest our 10350 supp area
ftse 6720

 

[Dentalfloss]

dax..excellent
still dumpin

 

[Dentalfloss]

dax..excellent
still dumpin

stopped out
10300 is horizontal supp

 

[MichaelJohnFX]

Zone - 10264-10216. That's where i'm looking to do business.

 

[Dentalfloss]

missed reentry short on ftse and dax

 

[Dentalfloss]

it was a dead cat bounce...so far

 

[swissy]

ftse Bear trap zone usually around 6670 - 80.

If not bulls may want to come in 6690 - 700.

That what I'm looking at.

 

[Dentalfloss]

oil in a bounce zone

 

[Dentalfloss]

first rez is 43.25-43.50
decent bounce and index go with it
lets see
dxy is in rez area at 95.80
m,aybe get dollar sellers

 

[MichaelJohnFX]

Zone - 10264-10216. That's where i'm looking to do business.

Closing off at 10300ish if it gets there. Makes up for a few howlers I had this week.

 

[Atilla]

:cheesy:

 

[Dentalfloss]

bounce on oil from our supp area
excellent