Trading with point and figure

[Dentalfloss]

dump from our 11.7K workin well

our 11658 is rez...so far

 

[swissy]

Cable seems to be holding well @1.21 so far... good sign imo. Think that a push for 1.2150 to test the water might be in the offing. Lets see.

Nice bounce off 1.2050, limit order zone for me. Lets see how (if) it holds..

 

[Moneylender]

our 19850 supp area held on the dow and off we went
excellent

Long @ 19850 from in the car!!

Stop tightened.

 

[Dentalfloss]

Biotech caused the dump

 

[Dentalfloss]

Trump wants to renegotiate prices with drug companies

 

[Dentalfloss]

Long @ 19850 from in the car!!

Stop tightened.

Nice one

 

[Moneylender]

In and out of res @19935

Luvvin it

 

[Moneylender]

Looking for 19860- 50 area again?

 

[Moneylender]

Looking for 19860- 50 area again?

tight stops now

 

[Moneylender]

tight stops now

closed out @ 19865, Nice run down and up and down. hey hey!!!:clap::clap::clap:

 

[Moneylender]

Atilla, one for your CHAV friends!!!

https://masterinvestor.co.uk/equiti...ail&utm_term=0_25eff0bb7f-39745a9769-34905465

 

[Moneylender]

closed out @ 19865, Nice run down and up and down. hey hey!!!:clap::clap::clap:

Took the long from 870, bit slow getting on this bus!!!

 

[Moneylender]

Took the long from 870, bit slow getting on this bus!!!

Closed with 10

 

[swissy]

Nice bounce off 1.2050, limit order zone for me. Lets see how (if) it holds..

Cable on fire, WTI pumping..... happy days

 

[swissy]

Good morning,

FTSE consolidation mode. Could have a pop at 7300, but range bound 7200-300 imho. Sp 7240-50. Rez 7290 -300.

Surprised at weakening WTI oil yesterday, could be coiling for another pop at 55 but could take a while to gather itself. 49-50 is mega sp. Already long with small stake and wide stop, look to build position if further weakening occurs (at least don't get hit with overnight financing charge! wider spread though). When it does move though it really goes!

Cable up but big buyers not in yet by the look of it, on side lines, dip to 1.21 and below could see them building up longs. Have long position atm in profit and might take some out as I think another dip is likely.

How will ftse react... As people get "used" to new highs (the new normal) think more upside possible. No sign bears around atm. Thinking 7500-600 possible now. End Jan - Feb pump or dump.

As always something will appear out of woodwork...how markets react will be key to clues to resilience or otherwise. Lets see.

Cable 1.2250 big Rez area... looking for pullback 1.2180ish, see how it holds.
WTI could be pushing for 55..... might take a breather around 53.50. Lets see.

 

[Dentalfloss]

Cable on fire, WTI pumping..... happy days

excellent

:smart::smart::smart::smart::smart:

 

[Dentalfloss]

mornin

 

[Moneylender]

Morning boss, out and about again today.

Have set sell orders above 20k and a buy order circa 19835, so see where we go, if anywhere.

 

[Dentalfloss]

SPX over last 2 weeks
gettin tricky

 

[Dentalfloss]

from that chart...we got 3 fakes/upmoves that got sold off quickly