Trading with point and figure

[Dentalfloss]

oil should pull index down
into $50 psycho area now

 

[Dentalfloss]

YEN startin to hum

 

[Dentalfloss]

Stopped out on yen trades
Excellent run

 

[Dentalfloss]

oil should pull index down
into $50 psycho area now

index dump....excellent

 

[Dentalfloss]

reentered yen trades a few mins ago
goin nicely..tight stops

 

[Dentalfloss]

mornin folks

 

[Dentalfloss]

dow 4 hour bars...in a pivot area...showing up nicely

 

[Dentalfloss]

first look...always the bar chart
you can see the horizontal pivot from the other side of the room
was prev rez...now supp
20830 area

 

[Dentalfloss]

now we have something to work on

 

[Dentalfloss]

first question.......does our pivot hold...?? and we bounce
if so where do we bounce to ..??
is it a true bounce or a fake and gets sold

if it breaks...where is next decent supp area..??

if it fakes downwards...where is rez for the bounce..??

 

[Dentalfloss]

first question.......does our pivot hold...?? and we bounce
if so where do we bounce to ..??
is it a true bounce or a fake and gets sold

if it breaks...where is next decent supp area..??

if it fakes downwards...where is rez for the bounce..??

answer.....nobody knows
we will just play supp and rez and take signals

 

[Dentalfloss]

dax
11900 pivot area marked
4 hour bars
seems to be a prev pivot


there is an area of horizontal rez underneath/not marked at 11850 area
we have ignored the fake

 

[Dentalfloss]

ftse

 

[Dentalfloss]

bears will be happy if those pivots we marked become rez on a bounce

bulls happy with a decent bounce

 

[Dentalfloss]

oil 51.25 to 51.50 seems to be 50%

 

[Dentalfloss]

eurjpy
120.50
pump or dump

 

[Moneylender]

Morning boss

 

[swissy]

Morning all,

Ftse into 7300 sp area...see how it reacts...could go 7270. Oil playing ftse down...possibly.

Oil WTI into 5050 zone....lots of sp underneath...could make for decent swing long up to 5250 rez. needs plenty of breathing room....could test 4970.

Cable....flaccid atm....brexit noise vs dollar strength/weakness...looks like 1.21 on the cards before a decent rally. Lets see.

 

[Dentalfloss]

Morning boss

mornin Guv and swissy

 

[swissy]

Oil WTI 4950 zone.... swing long territory starting lol. When oil moves it moves....