Trading with point and figure

[Dentalfloss]

or switch to a high box size to get rid of the whipsaws
17 points by 1 reversal/close plot

 

[Moneylender]

Its all trial and error. The moment you find something that works well the
market changes, so you have to adapt your method. Still its all good practice
and I did make a few pips today, just feel it should have been a shed full!

 

[Dentalfloss]

Its all trial and error. The moment you find something that works well the
market changes, so you have to adapt your method. Still its all good practice
and I did make a few pips today, just feel it should have been a shed full!

not quite trial and error imho
volatility changes
p/f does thrive on volatility...but for us folk....we like to see order...that is the problem.....

 

[Dentalfloss]

dax over last 48 hours


10 points by 3 reversal/close plot
15 min data
whipsaws eliminated

 

[Moneylender]

That looks better, are we going up now or down again?

 

[Dentalfloss]

That looks better, are we going up now or down again?

test of horizontal res at 10700 area
trend supp 10650 area

 

[Dentalfloss]

spx over last 48 hours
rubbish removed

2077 area trend res
2056 area istrend supp
big whipsaws/column with 8 and prev column of Xs

 

[Moneylender]

Morning all

DAX PP's

 

[Dentalfloss]

Morning all

DAX PP's

mornin guvner

 

[Moneylender]

res at red trend we have to break.

 

[Dentalfloss]

res at red trend we have to break.

nice one

 

[Moneylender]

nice one

Grabbed a few on the way up and now back in @ support

 

[Dentalfloss]

agree
here is 10 by 3 close plot
added moving averages
1 sma..ie midpoint of columns
8 ema/aqua

 

[Moneylender]

Grabbed a few on the way up and now back in @ support

Stop tightened

And out with a good few

 

[Dentalfloss]

Grabbed a few on the way up and now back in @ support

excellent

 

[Dentalfloss]

from chart posted
1 sma/midpoint of columns is turning upwards
catching up to 8 ema/aqua
10710 horizontal res
10670 trend supp...10650 area horizontal supp
looks like it wants to rally..a bit
if not sure of direction...load a couple of moving averages..great for consolidations

 

[Dentalfloss]

5 min data

 

[Dentalfloss]

bulls not lookin too happy on 1 min

 

[Moneylender]

650 level wont let it go acting like a magnet!

 

[Dentalfloss]

650 level wont let it go acting like a magnet!

that is what you want
a decent pivot to work from..makes life alot easier