Trading with point and figure

[MichaelJohnFX]

Great work there guys. My trading has massively improved because of the other thread you guys use to post on (and this one). So much so that there's a possibility I may actually achieve personal goals I didn't think would be possible unless i slogged God knows how many years in the workplace. Charity will most certainly be getting some of my pips.

A very merry christmas to you all and plenty of pips for the new year!

 

[Dentalfloss]

Great work there guys. My trading has massively improved because of the other thread you guys use to post on (and this one). So much so that there's a possibility I may actually achieve personal goals I didn't think would be possible unless i slogged God knows how many years in the workplace. Charity will most certainly be getting some of my pips.

A very merry christmas to you all and plenty of pips for the new year!

Good one

Shedfulls of pips for you

 

[Dentalfloss]

do ya wanna make bets on that ??

 

[Dentalfloss]

ya might want to

 

[Dentalfloss]

bulls will see that we are in a 50% zone
they will want of lex some muscles
10621 area for a bull test

 

[malaguti]

Great work there guys. My trading has massively improved because of the other thread you guys use to post on (and this one). So much so that there's a possibility I may actually achieve personal goals I didn't think would be possible unless i slogged God knows how many years in the workplace. Charity will most certainly be getting some of my pips.

A very merry christmas to you all and plenty of pips for the new year!

I'll second that :clap:
I personally met Dentist, with him and a classic from DuPLessis, that's when everything started turning around for me. Its not without its faults, P&F, but as a methodology its one of the best out there

 

[Dentalfloss]

trends in spx
areas to watch if it bounces

2007 area is 50% of latest downmove

 

[Dentalfloss]

spx now in the pivot area/aqua
1986-2006 area
ignore the numbers ..they area dates
2 months of data
2046 is a res area on this chart
a bad bounce and shorts in for a kill
bearish means 1986 area is res
lets see what happens

santa could take it to 2046-2067 area
pivot only got tested on Friday evening

 

[Dentalfloss]

opening bell...we could go down in and test that 1986 area....dont panic...lol
a real bear move will need to see 1986 as a res
2007 is a minor bull test area
1966 area is next supp underneath 1986 area...
its goin either way....good for us..lots of confusion
3 box reversal...not bearish

 

[Dentalfloss]

in theory it should bounce..that pivot should hold it .. 1986 area might get a hammering first

lets see what happens

 

[Atilla]

SPX - Weekly PPs I have

R3 @ 2112
R2 @ 2096
R1 @ 2064
PP @ 2048
S1 @ 2016
S2 @ 2000
S3 @ 1968


DAX - Weekly PPs

R3 @ 11155
R2 @ 10993
R1 @ 10849
PP @ 10688
S1 @ 10544
S2 @ 10382
S3 @ 10239

 

[Dentalfloss]

bulls will see that we are in a 50% zone
they will want of lex some muscles
10621 area for a bull test

whammo
nailed it

 

[Dentalfloss]

trends in spx
areas to watch if it bounces

2007 area is 50% of latest downmove

into our 2012
excellent
stop tightened

 

[Dentalfloss]

scalps in and out of 10621

 

[Dentalfloss]

next
10638
10656
if it gets there

 

[Dentalfloss]

next
10638
10656
if it gets there

10656 area now
stopped out
excellent run

 

[Dentalfloss]

10674 area next
got back in

 

[Dentalfloss]

stopped out at 10670
running a very tight stop
excellent

 

[Dentalfloss]

10700-10710 horizontal res area looming

 

[Dentalfloss]

spx getting close to 2017 we marked yesterday
stop tightened