Trading with point and figure

[Dentalfloss]

posted at 1.40pm
7110.8 the low
still improving..lol

took the bounce aswell

 

[swissy]

Morning folks,

Yesterday.... took a few scalps ftse and cable.... like runaway trains moving in opposite directions!
Didn't get onboard unfortunately!

Today think we will find some support for ftse around 7100...probably bump around there to 7120 for a while but overall could have the making of a decent swing long, particularly if it drops below 7050 - 70.

Cable think it will settle for a while for a breather around 1.28 but it's looking good for another leg up... could make 1.30 if the excitement continues!!

 

[Dentalfloss]

NYSE

closed at 11381
rez starts at 11450 area/trend rez/red

 

[Dentalfloss]

change inputs to hilo...yu can see why our supp area keeps gettin hammered...lol

11320-11340 AREA

 

[Dentalfloss]

rez starts at 11400 goin up to 11550

it is a case of whether that supp holds..otherwise we go down to aqua cluster shown on prev chart

 

[Dentalfloss]

ditto for dax and dow..should follow
ftse is divergent now...a good one to trade...lookin for direction..lol

 

[Dentalfloss]

DOW index

 

[Dentalfloss]

ftse 7144-7152 first rez

 

[Dentalfloss]

dow
pump or dump 20.5K

 

[jeffre4]

Morning folks,

Yesterday.... took a few scalps ftse and cable.... like runaway trains moving in opposite directions!
Didn't get onboard unfortunately!

Today think we will find some support for ftse around 7100...probably bump around there to 7120 for a while but overall could have the making of a decent swing long, particularly if it drops below 7050 - 70.

Cable think it will settle for a while for a breather around 1.28 but it's looking good for another leg up... could make 1.30 if the excitement continues!!

Swissy
If breaks 7110 which i think is support do you not think we carry on down??

 

[Moneylender]

Morning all, looking for a bounce off 12000

 

[Dentalfloss]

ftse 7144-7152 first rez

7140 it was...near enough for me

 

[Dentalfloss]

eurgbp in a bounce zone
0.8350 area
a bad bounce and sellers in
0.8300 to .8330 supp area
0.8470 is rez
0.8120 the big supp area

 

[swissy]

Swissy
If breaks 7110 which i think is support do you not think we carry on down??

Hi Jeffre,
I think buyers will be in if it drops below 7100....so the short answer is no atm, but there are no certainties just probabilities which is what I trade on!

 

[Moneylender]

Morning all, looking for a bounce off 12000

Tight stop now

 

[Moneylender]

Tight stop now

Next resistance @12045, let's see.

 

[Moneylender]

Next resistance @12045, let's see.

Closed out with 30, looking for a retrace maybe!

 

[Suftum]

Quiet today!!

 

[Moneylender]

Quiet today!!

Sun is out and the Wine is cold!

 

[Dentalfloss]

afternoon all
tea and biscuits at the day care centre today
we do hokee-cokee on a wednesday...what fun...