Trading with point and figure

[Dentalfloss]

Dax

 

[Dentalfloss]

pivot area

 

[Dentalfloss]

Cable
a gentle uptrend since Mid August
now testing support,,,,will it hold..??

tested...and held

 

[inzimam]

Ok
Also cute pnf only plots hilo.... So charts are much wider
Therefore start with 5 reversal and work down
The one reversa is for the latest data only

For Dax...what would this be for the 15min timeframe - 8 box and 5 rev?

I'll give it a go

 

[Dentalfloss]

new uptrend that started on Thursday......5 min

 

[Dentalfloss]

prev downmove started on 27 Sept

 

[Dentalfloss]

you dont need to load more data
27th Sept is your lookback period
maybe 15 min

 

[Dentalfloss]

the range is defined from 27th Sept....uneless it breaks the range
no real need to look on higher timeframes

your windows tablet has an 8 inch screen.....its is the lookback period aswell that will also define how much screen space is taken up.If you narrow the lookback period,then it should work well and be easier to read

 

[Dentalfloss]

Dax

updated

 

[Dentalfloss]

Dow into the open

 

[Dentalfloss]

moved away from the moving average..poss overbought a tad

 

[Dentalfloss]

supp area marked

 

[Dentalfloss]

poss pivot

 

[Dentalfloss]

our pivots

 

[Dentalfloss]

Dax updated

 

[Dentalfloss]

our pivots

updated

 

[Dentalfloss]

Naz 100

 

[Dentalfloss]

7620-7640 is a trend supp area

 

[Dentalfloss]

updated

and bounce from our pivot area

 

[Dentalfloss]

yes sir