Trading with point and figure

[Moneylender]

Res just above us

 

[Dentalfloss]

scalp short from 10755..just stopped out for a decen t run
became res..more scalps in and out of 10755 area

10755 a real hummer..marked ar 9.41 AM
area marked early this morning
a great pivot area
100 point rally off that area
scalping in and out of that uptrend
in moneylenders res area now

 

[Dentalfloss]

spx
still at that pivot area/aqua we marked yesterday

 

[Dentalfloss]

the good bit is that the range has tightened so it needs to pop

 

[Dentalfloss]

excellent movement on the dax today
we were slightly out with our support area ...had 10752 ..the low was 10720 area...but who cares
netral bias ...so we were ready for the pumps and dumps
we got our payback/mega when 10752 became a great pivot area

 

[Dentalfloss]

scalps in and out of moneylenders res area...working really well

 

[Moneylender]

you must have quicker fingers than me!!! lol

 

[Dentalfloss]

aapl gapped down $5 ish..not sure why
needs to stay above $114 area or 112.0 ish/prev breakout

 

[Moneylender]

aapl gapped down $5 ish..not sure why
needs to stay above $114 area or 112.0 ish/prev breakout

china slowdown worries

 

[Dentalfloss]

you must have quicker fingers than me!!! lol

use the tick chart...download the EA/free

 

[Dentalfloss]

china slowdown worries

ok that figures

:smart::smart::smart:

 

[Moneylender]

use the tick chart...download the EA/free

You can explain that later if you wouldnt mind

 

[Dentalfloss]

should be a decent supp area on eurusd at 1.0650 area..gettin there

 

[Dentalfloss]

spx ...got really messy
5 min shows the downtrend that started on 3rd november

 

[Moneylender]

dow a bit clearer?

 

[Dentalfloss]

same data
these inputs give some sense to the price movement

 

[Dentalfloss]

and...whammo
a great move off moneylenders 10850 area

 

[Moneylender]

2070 very strong Supp imo

 

[Dentalfloss]

and...whammo
a great move off moneylenders 10850 area

stop tightened.on dax/moneylenders res

 

[Dentalfloss]

stopped out for an excellent run...great call