Trading with point and figure

[Dentalfloss]

supp for that bounce starts at our 19860...lets see if it has some meat ..??

 

[Moneylender]

Volume is still low so we are at the whim of the brokers

 

[Dentalfloss]

ftse
supp at 7120 area if a p/b

 

[Dentalfloss]

DAX

 

[Moneylender]

Dax looks mental, don't think I would want to call a top yet!!!!!

 

[Dentalfloss]

DAX
change inputs

 

[Dentalfloss]

we watch that internal trendline/aqua
rez can go up to 11700..horizontal rez is at 11650 area..so far
first supp is 11600...then our 11536 -11551 area

 

[Dentalfloss]

dax ...a good one to trade as it could be a fake

 

[Moneylender]

Dax @11600 now, can't see a short here, no trade for me!

 

[Dentalfloss]

dax
got a big wodge of horizontal supp down to 11560
11568 is a decent supp area
there now

 

[Moneylender]

dax ...a good one to trade as it could be a fake

Good shout, you have 15- 20 points if you got in!

 

[Dentalfloss]

bad bounce and bears in
11616-11624 is a rez on the bounce
11600 first

 

[Moneylender]

Where is Chronic trader these days?

 

[swissy]

FTSE decent short from 7200 psych rez level. 7160-70 sp. Will it hold?
Looking at dentists 7120-30 sp as next level.

 

[Dentalfloss]

dax
got a big wodge of horizontal supp down to 11560
11568 is a decent supp area
there now

and bounce
excellent

 

[Dentalfloss]

bad bounce and bears in
11616-11624 is a rez on the bounce
11600 first

into our rez area
stops tightened

 

[Dentalfloss]

into our rez area
stops tightened

stopped out...excelllent run
got the move from 11600 down to that supp aswell

 

[Dentalfloss]

dow back into our rez area 19900...ish

 

[Dentalfloss]

got the retest of supp at 11573 on 1 min candle...off we went

 

[Dentalfloss]

cable starting to get decent for us