Trading with point and figure

[Suftum]

Morning all, so Trump is becoming a politician!

Who would have thought? Trump being able to string a speech together without insulting anyone and markets BOOM!

That said, no detail, huge infra spending, huge tax cuts, huge expense to replace ACA, huge defence spend increase - where is all the money going to come from??? Oh, that's right - CHINA!!!

 

[Dentalfloss]

dow 20.9K
21.00K ..??

 

[Dentalfloss]

Mchugh has a Fibonaaci time cycle/turn date March 16th to 23rd

 

[Dentalfloss]

nas 100 in mega horizonntal rez
lets see how it gets handled

 

[Dentalfloss]

1 box horizontal count
target hit

 

[Dentalfloss]

lookback period from 23 Feb
you can see that bears have hardly had a chance

 

[Dentalfloss]

dow

 

[Dentalfloss]

short term
20800-20827 needs to hold as supp area
20.9K rez area...with a poss move to 21.0K
could retest our 20788 as a fake downmove

 

[Dentalfloss]

any uptrend break....we can usually pick that up within a few minutes of it happening

 

[Dentalfloss]

dow 20....911 calling for help..??

 

[Dentalfloss]

ftse pump or dump 7325
dax 12K

 

[Moneylender]

dow 20....911 calling for help..??

No help from this bear!

 

[Dentalfloss]

cable..poss trend break
maybe a new minor uptrend looming

 

[Dentalfloss]

21K....you suckers....lol

 

[Dentalfloss]

21K....you suckers....lol

no sign of any bears....as we keep saying

 

[Dentalfloss]

goin with flow.....one box horizontal count workin well
luvin it

 

[Atilla]

cable..poss trend break
maybe a new minor uptrend looming

Not sure about the uptrend what with talk of March rate hikes being rumoured.

Oh then we have Brexit too on the horizon!


:whistling

 

[Dentalfloss]

Not sure about the uptrend what with talk of March rate hikes being rumoured.

Oh then we have Brexit too on the horizon!


:whistling

in a pivot area now...could retest 1.2400 aerea
lets see what happens

 

[Dentalfloss]

eurusd in a pivot area...could get bought

 

[Atilla]

eurusd in a pivot area...could get bought

Yes maybe, both GU and EU at PP-S2.

fwiw talk about Fed hikes will trump them both.


http://www.marketwatch.com/story/ye...e-central-bank-makes-rate-decision-2017-02-24