Trading with point and figure

Practice, practice and then practice some more!

(y)

Aksherly, reviewing the chart I did at 08h45 (see attachment) you can clearly see that I marked the area of interest with the lower bound as a dotted line at .8804 and that the pivot is clearly at 12....so that extra 3 pips I wanted was illogical, Jim.(n)


....but then again, I see that I just now got filled at my price! Average for the two +32. Greed is good:clap:
 

Attachments

  • EURGBPm15_180129_08h45_2wks.png
    EURGBPm15_180129_08h45_2wks.png
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The USD is the strongest as the GBP is the weakest. That makes the GBPUSD the weakest pair of the day as North American traders enter for the day. The "day" does not have a huge amount going on. There is core PCE and Personal spending and income out at 8:30 AM ET/1330 GMT
 
Long EG x 1 at .8782 - 5 minute chart showing support around 74/82. Might add another if PA looks OK. Will try for .8812 as more sensible target this time.:)
 

Attachments

  • EURGBPm5_180129_13h40_12days.png
    EURGBPm5_180129_13h40_12days.png
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