Trading with point and figure

[Moneylender]

Think there is more room to go down than up, timing is everything here1

 

[Dentalfloss]

price moved to horizontal supp...then back for a retest

 

[Dentalfloss]

Think there is more room to go down than up, timing is everything here1

signals....not timing

 

[Dentalfloss]

up we go..top not in...

 

[Moneylender]

up we go..top not in...

Nope, going to take Dow to 18350 plus!

 

[Dentalfloss]

dax 1 min candle

as you can see,,,there was no sign of a top
p/b and off we went

 

[Atilla]

gbpusd 1 min

you can see where it was traded...quite clearly
get plenty of these at the open..or just before
dont need p/f to see that one

Thinking it has to test 1.32 and probably 1.33 with some comforting words from Carney. The prospect of a rate cut will see it drop.

Tight stops and 50+ chance of further up moves.

R3 - 1.3226 - target
R2 - 1.3122
R1 - 1.3058 - this one may get tested :whistling
PP - 1.2954
S1 - 1.2890 - and this one
S2 - 1.2786
S3 - 1.2722

 

[Dentalfloss]

10K and 2150 here we come

 

[Dentalfloss]

10K and 2150 here we come

nearly there

 

[Dentalfloss]

could be some algos comin in at 10am
lets see

 

[Dentalfloss]

cable
1.3150
pump or dump

 

[swissy]

cable
1.3150
pump or dump

Market starting to think a rate cut is unlikely in Jul? too early and bad timing with Govt stability etc - possible Aug after some more data. Think Carney wants to keep rate cut in armoury for later contingencies imho.

 

[Dentalfloss]

Market starting to think a rate cut is unlikely in Jul? too early and bad timing with Govt stability etc - possible Aug after some more data. Think Carney wants to keep rate cut in armoury for later contingencies imho.

according to Ostwald
rate cut..not that important...rates very low
more QE is more likely

 

[f2calv]

Yes maybe QE instead of rate cut, however a rate cut is a definitive move which will immediately support UK export industry so ...it's a tough call!

 

[Dentalfloss]

Think the bulls get tested if Dow hits the high
Could be wrong

 

[Dentalfloss]

Moneylender....hopefully can give you the supports if bulls get tested
Goin to a nice loc brasserie for a long lunch

 

[Moneylender]

Moneylender....hopefully can give you the supports if bulls get tested
Goin to a nice loc brasserie for a long lunch

Enjoy it!

 

[swissy]

Moneylender....hopefully can give you the supports if bulls get tested
Goin to a nice loc brasserie for a long lunch

No pressure then.... lol

Enjoy your repast. Couple of peroni might make sense of the markets/world /universe....

 

[Moneylender]

As per instructions!!

Dow only going one way according to chart, but it must stop sometime.

 

[Moneylender]

Same for spx