Trading with point and figure

[Dentalfloss]

I'm still in the woods!!

are you out yet ??

 

[Moneylender]

are you out yet ??

I was hungry for some short bread!!!:cheesy:

 

[Moneylender]

Everything stalled at the highs
DAX @ 10200
DOW @ 17780
SPX @ 2085
OIL @ 49.50

Pump or dump with US open????

 

[Dentalfloss]

spx into the open
a breakdown/minor

 

[Dentalfloss]

some pivots

 

[Dentalfloss]

care with shorts as we said this morning

 

[Dentalfloss]

spx

 

[Dentalfloss]

dax

 

[Moneylender]

Long term short DOW entered.

 

[Dentalfloss]

care with shorts as we said this morning

as we said

 

[Moneylender]

as we said

Yeah my dow entry is not my best but looking to build up a position

 

[Moneylender]

Oil stocks in 5 mins

 

[f2calv]

Yeah my dow entry is not my best but looking to build up a position

Hedge it in the meantime?
So you're not left without a chair when the music stops/dow hits 20k

 

[Moneylender]

Hedge it in the meantime?
So you're not left without a chair when the music stops/dow hits 20k

It will be years before it gets to 20k! and have already hedged it.

 

[Dentalfloss]

spx
a bad bounce and shorts in for a killing

 

[Dentalfloss]

spx
a bad bounce and shorts in for a killing

classic p/f methodology
scalps off the top
then when 3 box downside count activated...the market turns much more bearish

 

[Dentalfloss]

mornin

 

[Dentalfloss]

dax into the open
not really too negative

...downside vertical count not active as yet

 

[Dentalfloss]

dax
this is what we want..confusion..market unsure about direction,,more volatility
if downside count gets activated..then market picks up on negativity
better for bears if 10175 area becomes res

better for us if we move around and go nowhere

 

[Dentalfloss]

spx goin to hum for us today...no guarantees..lol

downside count not active
red/down column of O "s