Trading with point and figure

[Dentalfloss]

20750 it gets a bit bearish

 

[Moneylender]

Morning boss, thought after the fed last night that they might apply the brakes today, not looking like it!!

 

[Dentalfloss]

20790 pump or dump

 

[Dentalfloss]

Morning boss, thought after the fed last night that they might apply the brakes today, not looking like it!!

12020 aswell on dax

 

[Dentalfloss]

Morning boss, thought after the fed last night that they might apply the brakes today, not looking like it!!

nowt stopping it yet
goin with the flow
20.8K on the cards

 

[Dentalfloss]

dow over the last week
shorts got killed

 

[Dentalfloss]

short term
there are no downside vertical counts
upside target 20854

 

[Dentalfloss]

scalp shorts only until we see an active downside count target
nowt yet

 

[Dentalfloss]

scalp shorts only until we see an active downside count target
nowt yet

ditto dax and ftse

 

[dashdbn]

What is the name of this kind of charting again?

 

[Moneylender]

short term
there are no downside vertical counts
upside target 20854

i never thought we would see 21000 in my lifetime, now it looks poss!!!

whistling

 

[Moneylender]

What is the name of this kind of charting again?

Point and figure

A must read is a book The definitive guide to point and figure, by Jeremy Du Plessis.

It will keep you busy for a week or two!

:smart:

 

[Dentalfloss]

DAX
shorts gettin roasted

 

[dashdbn]

Point and figure

A must read is a book The definitive guide to point and figure, by Jeremy Du Plessis.

It will keep you busy for a week or two!

:smart:

Thank you. He sounds like a South African?

 

[Dentalfloss]

unsupported break

 

[Dentalfloss]

unsupported break...there could be a chance that it could pullback for a bull test

 

[Dentalfloss]

20762 is 50% area of that unsupported break
dax has a decent pump or dump area at 12020..ish

 

[Dentalfloss]

thinking we might get a bull test
difficult...lol
20730 dow
11930 dax

 

[Dentalfloss]

thinking we might get a bull test
difficult...lol
20730 dow
11930 dax

ugh.....its really tricky

 

[Dentalfloss]

20854 was a poss target..lets see
20831 hit already