Trading with point and figure

[Dentalfloss]

FTSE into the open

6867 area...gettin there..finally

 

[Dentalfloss]

our rez on spz and dow got blown out in one move
excellent stuff

 

[Dentalfloss]

new rez area starts at 18350..there now
goes up to 18400 area
horizontal rez

 

[Dentalfloss]

DOW
6 months of data

 

[Dentalfloss]

DOW
pivot areas marked
18377-18400 pivot marked

 

[Dentalfloss]

wham
18400 area hit
6867 hit
10516-10527 hit

 

[Dentalfloss]

DAX into the open

posted at 7.30am
10527 hit...luvin it

 

[Dentalfloss]

FTSE into the open

posted at 7.22am
6867 hit..excellent

 

[Dentalfloss]

scalp shorts in..tight stops from those pivots/rez..we marked

 

[Dentalfloss]

scalp shorts in..tight stops from those pivots/rez..we marked

took a few ..only
back to retest those rez areas

 

[Dentalfloss]

dax..a quick zip to our 10560- area
hit 10540 area ..excellent stuff..good enough for me
probably an overshoot from our 10527

 

[Dentalfloss]

scalp shorts in..again
from the top retetest 18400
and rez on dax and ftse

 

[myattitude]

you've mentioned you use p&f signals for your entries. do you mean the signals your bull's eye platform gives you, or simply taking a short when hitting resistance?

 

[Dentalfloss]

you've mentioned you use p&f signals for your entries. do you mean the signals your bull's eye platform gives you, or simply taking a short when hitting resistance?

usually Bullseye uneless a big number
i dont actually look at the p/f chart..use a candle,,,much easier...a multi tick candle works better..imho
Rainwood multi tick for MT4
or Netdania30 second candles

 

[Dentalfloss]

usually Bullseye uneless a big number
i dont actually look at the p/f chart..use a candle,,,much easier...a multi tick candle works better..imho
Rainwood multi tick for MT4
or Netdania30 second candles

the charts i post premarket gives me the areas whee supp and rez might lie
then i am looking for signals
uneless market moving...then you only need to update those 2-3 times a day
over time i have made it more simple...works better...imho
i used to go thru umpteen settings/inputs before the open
not any more

 

[myattitude]

I looked up Rainwood and it looks worth getting, for now I'll look at the Netdania 30 second candles. Are there particular behaviours from them to look out for or they like any other timeframes? They tend to gap a lot on Netdania from what I'm seeing for the past few minutes. Dunno if that's normal.

 

[Dentalfloss]

excellent tank from our rez
luvin it
18400 dow
6867-6874 ftse
10550 dax...we had 10560 area marked on that

 

[Dentalfloss]

stopped out a few mins ago on all 3
excellent run

 

[Dentalfloss]

mornin folks
crazy times........

 

[swissy]

Morning all,

What a night... only in America eh... thought it was 1 April lol

ftse gap fill to rez 6800 sp 6700. Short from 6800 see how we go....