Trading with point and figure

[Dentalfloss]

breakdown area was 20900-20911 on the chart
that is the trading range.....until it gets broken

 

[Dentalfloss]

Morning.

mornin Guv

 

[Moneylender]

Still holding dax short. from 12000

 

[Moneylender]

Still holding dax short. from 12000

Tight stop now

 

[Moneylender]

20850\ 11970 bottom of the range?

Stopped out with a good few.

 

[Dentalfloss]

20850\ 11970 bottom of the range?

Stopped out with a good few.

whammo...

:smart::smart::smart::smart:
excellent

 

[Moneylender]

20850\ 11970 bottom of the range?

Stopped out with a good few.

Thought about the bounce off 11970, but no confidence in it, trading on my tablet, no PnF!!!!

 

[swissy]

as you can see 7400 area
no sign of a turn downwards....and anyway..it should bounce off that pivot /aqua
scalps only

G'day folks,

Yes ftse bullish...but think a bit of trickery...possible move 7330 maybe a bit lower to take out a few bulls and suck a few bears in (if any left).

Longer term a matter of time to breach 7400. If ftse drops 7370 through need to watch 7350 to see how it handles it.

When ftse drops from around 7500 it will be swift and brutal...imho.

 

[Moneylender]

Short from 12k again, tight stop this time

 

[Moneylender]

Short from 12k again, tight stop this time

Tighter stop now

 

[Moneylender]

Short from 12k again, tight stop this time

Tighter stop now

Stopped out but got a few:clap:

 

[Moneylender]

Stopped out but got a few:clap:

Left too many on the table with that closure!!! should have realised where this was going.

 

[Atilla]

Left too many on the table with that closure!!! should have realised where this was going.

I see higher lows too so would we be correct to assume support and bounce is on the cards?

 

[Moneylender]

Taken a speculative long here

 

[Moneylender]

Taken a speculative long here

Stop to BE

 

[Moneylender]

Stop tightened

 

[Moneylender]

:clap::clap:closed with 35

 

[Moneylender]

US open in 10 mins, looking for a weak open.

 

[Dentalfloss]

dow
test of trend at 20.9K

 

[Moneylender]

20860 and 12k dfax acting as res atm