Trading with point and figure

[Dentalfloss]

ftse
scalp the pump from 7350
messy

 

[Moneylender]

Got a few cheeky ones off Dow n Dax, but its slow this morning

 

[dashdbn]

Yah slow it is

 

[Dentalfloss]

dax in rez...minor

workin well...scalps off it

 

[Dentalfloss]

gbpjpy in trend supp
139.75
pump or dump

pump ...excellent

 

[Dentalfloss]

cable
pivot
1.2187
may get tested..prev rez

tested 1.2196 and a pump
was not ready for that one....lol

 

[Dentalfloss]

ditto ftse 7350
prev supp..now in rez

pump to 7370 rez area
excellent

 

[Dentalfloss]

11980 prev supp..poss rez

whammo..

 

[Dentalfloss]

in 20.9K now...could fake

 

[Moneylender]

The dollar is flat. Oil is down; copper is up. Gold and silver are up. Bonds are up.
There’s lots of stuff going on out there…and several things conflict.
The next FOMC meeting is Wednesday. Wall Street expects rates to increase.
But if rates are going up, wouldn’t the dollar be stronger than it is? It has dropped two straight weeks and closed Friday at its lowest level since February. Either the rate hike is priced in or the dollar doesn’t think rates will move up.

 

[Moneylender]

US opens in 5 mins

 

[Moneylender]

Boom and off we go

 

[Trader JR]

dax hits the 12k level. Watch for any rejection and then hopefully a move downwards

 

[Trader JR]

Tight range on the Dow at the 20910 level. A break of channel and we should get a decisive move

 

[Moneylender]

dax hits the 12k level. Watch for any rejection and then hopefully a move downwards

That sounds like a plan similar to mine!

 

[Moneylender]

That sounds like a plan similar to mine!

11970 first trgt

 

[Trader JR]

That sounds like a plan similar to mine!

haha, I think everyone in here has that level as it worked pretty well last week.

 

[Dentalfloss]

oil in our rez area...starts at 48.75...ish

 

[Dentalfloss]

ditto eurusd

finally...

 

[Trader JR]

Tight range on the Dow at the 20910 level. A break of channel and we should get a decisive move

Looking for 20830-40 initially on this, stop moved to break even