Trading with point and figure

[Dentalfloss]

chart is really clear
you can see prev supps on that minor move up//green trendline
these should act as res
9400 prev supp
9450-9475 is 50% of move down
then 9500 area up to 9525 area
9625 a big res area

 

[Moneylender]

dax

9450 ish half way back up then!

 

[Dentalfloss]

9375 seems to be holding as supp on 1 min candle
lets see
1840 holding aswell

 

[Dentalfloss]

9450 ish half way back up then!

yes...from those inputs
50% of pole
i managed to isolate that pole...gave us alot of information..imho

 

[Moneylender]

400 proving to be a tough nut to crack

 

[Moneylender]

Tight range, need a catalyst for pump or dump

 

[Dentalfloss]

9450..nailed

 

[Moneylender]

9450..nailed

Now where?

 

[Dentalfloss]

Now where?

scalps /shorts in for a few quickies

 

[Dentalfloss]

Now where?

9400 a posibility...prev breakout area

 

[Moneylender]

scalps /shorts in for a few quickies

Been doing that all morning!! lol

 

[Dentalfloss]

dong..not much from those shorts

 

[Dentalfloss]

9486

 

[Dentalfloss]

9486-9522 bigger res area

 

[Dentalfloss]

9482 seems a better number
breakdown area
9460 is a trend res
might have overshot....as usual..20 points ish

 

[Dentalfloss]

9455 area prev breakout...poss supp

 

[Moneylender]

Think I will wait now until US opens proper, see if there is a sell off like yesterday

 

[Dentalfloss]

9482 worked well..it retested it..6 mins later
excellent

 

[Moneylender]

finding supp @ 450

 

[Dentalfloss]

9375 seems to be holding as supp on 1 min candle
lets see
1840 holding aswell

excellent movement
marked at 11.05 am