Trading with point and figure

Morning all,

Cable dumped this morning.... took it at 0645HRS to 1.23 and waiting for pullback (maybe not!). Early bird gets the worm (sometimes) lol.
FTSE rebound after initial weakness (could be cable dump) so shorting from 7200 - 10 zone. looking to go back to sp 7170 ish before U Sopen. Think rez will be 7210 - 20. Lets see.
 
Also took a short on the Aussie at same time....holding it looking for 0.72ish. Oz govt don't like it above 0.70..... need to resus exports for pathetic manf sector.
 
Dow is not far off ath's, will it break up as most think or down as its just too high?
 

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