Trading with point and figure

[swissy]

Held... 5290-30, tentative long in 5294..tight stop.

Too early.... stopped out. Could head for 5250-60.

 

[Atilla]

lots more foreign money laundering for the UK economy

EU and other nations will be hard pushed to decide whether they should put their monies; Switzeees or Briteees.

Good to have competition so they say.

 

[Dentalfloss]

oil/wti
that downtrend/red...not been broken
there is a wide supp area/greentrendline and below

 

[swissy]

Good chart on WTI... anyone know what caused dump?

 

[Dentalfloss]

Good chart on WTI... anyone know what caused dump?

dollar poss strengthening

 

[swissy]

dollar poss strengthening

Mmm thanks....slight overreaction.... think we'll head back to 53.

 

[Atilla]

Mmm thanks....slight overreaction.... think we'll head back to 53.

There are some headline news about Nigeria perceiving fall in oil revenues in years to come, whilst Trump wanting to levy tax on oil imports and produce more it self.

Don't know have significant that is but US could certainly produce and use its own reserves.

If true could lead to another Trump rally and rise in the dollar.

 

[swissy]

There are some headline news about Nigeria perceiving fall in oil revenues in years to come, whilst Trump wanting to levy tax on oil imports and produce more it self.

Don't know have significant that is but US could certainly produce and use its own reserves.

If true could lead to another Trump rally and rise in the dollar.

Atilla,

Thanks for that. Certainly more than meets the eye in price - so have been wary. Now at 52ish...that's a buy area for me.... cable short going somewhat better closed out half the position at your pivot. Let t'other half run with stop to profit.

 

[Dentalfloss]

into our 19730 supp area.....finally

our 19860 area was rez all morning
excellent result

 

[Dentalfloss]

needs to test 19730 area

(
posted yesterday evening

 

[Dentalfloss]

and bounce

excellent

 

[Dentalfloss]

and bounce

excellent

stopped out on bounce for a decent few

 

[Moneylender]

Took a long @ 198775 and had an order @ 720 but not triggered

 

[Moneylender]

stopped out on bounce for a decent few

Nice one professor

:smart::smart:

 

[Moneylender]

Baled on my 775, try for better entry
got 4!!!!

 

[Dentalfloss]

reentered long...very tight stop on pullback

 

[Dentalfloss]

19730 area...had to very quick
had to close a short and go long
thirsty work

 

[Moneylender]

Baled on my 775, try for better entry
got 4!!!!

Big mistake

 

[Dentalfloss]

reentered long...very tight stop on pullback

Stop very tight now

 

[Dentalfloss]

Stopped out

Excellent run