Trading with point and figure

[Dentalfloss]

ftse...dont call the support

 

[Dentalfloss]

ftse...dont call the support

it is still trending down...supp could be anywhere

 

[Dentalfloss]

ftse this morning
rez is 7038 area/prev supp
7035-7038 is 50% of latest move down on chaRT

 

[Dentalfloss]

7028 another supp area on ftse...will it hold ??
7020-7028 horizontal supp area

seems to be holding..

 

[Dentalfloss]

could pullback at 7044

 

[Dentalfloss]

spx wants to pump into our 2163 rez

 

[Dentalfloss]

dax in horizontal supp
firts test of rexz is 10505

nailed...and a we got a few extra above 10505

 

[Dentalfloss]

excellent rally on ftse...we had 7020-7028 area marked as supp

 

[Dentalfloss]

spx wants to pump into our 2163 rez

excellent...stops tightened

 

[Dentalfloss]

7086 is prev supp on 60 min candle...rez
decent scalp out of that

 

[Dentalfloss]

lookin like 2175 on the cards

 

[Atilla]

No bounce on paaand.

1.24 didn't hold.
1.23 will it hold? Depends on noise from Govie. Some charm offensive from the difficult lady is much required.
1.22 next supp level.

Shock horror
Petrol rising at the pumps soon.
Next year's holidays due to hit pockets too.
Pensions pay outs to follow.

Ouch!!!

 

[Dentalfloss]

No bounce on paaand.

1.24 didn't hold.
1.23 will it hold? Depends on noise from Govie. Some charm offensive from the difficult lady is much required.
1.22 next supp level.

Shock horror
Petrol rising at the pumps soon.
Next year's holidays due to hit pockets too.
Pensions pay outs to follow.

Ouch!!!

households will need 20% extra just to maintain lifestyle....rampant inflation

 

[Dentalfloss]

Cable

 

[Dentalfloss]

Atilla
from the chart ...looks like 1.2000 area might be on the cards

 

[Dentalfloss]

1.2161 first supp after 1.2220 area
then into 1.2000...s area
big rez starts after 1.2500
1.2536
1.2611
1.2638
then 1.2683
just a matter of when and where it gets dumped

 

[Dentalfloss]

Gbpjpy

 

[Dentalfloss]

EURGBP...holiday money

 

[Atilla]

1.2161 first supp after 1.2220 area
then into 1.2000...s area
big rez starts after 1.2500
1.2536
1.2611
1.2638
then 1.2683
just a matter of when and where it gets dumped

fwiw I had cable in the 1.28 - 1.32 range for some time now, give or take a few deviations. Thought 1.30 was fair value.

However, after that hard-Brexit conference I feel we'll hover around 1.20 - 1.24. Perhaps 1.22 acting as first resistance.

If we get over 1.25 this side of xmas we are doing well.

 

[Dentalfloss]

mornin Bruvs and sisters