Trading with point and figure

dax into the open

1emlo0.gif
 
chart data from 28th october
horizontal supps marked at 10764-10746 area and 10674-10692
11k res can be seen easily
green is 10854.and 10908/red
price has coiled..could go either way
 
change the inputs and it looks a bit more bullish

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if the 10860 area we had marked yesterday actually holds
it is there now
 
1 min data
we can see that the horizontal/green held and we scalped /long
10885 area is red trendline/scalp short off that area
 
this potential bull flag..they can pop either way...no guarantees on direction...oco possibly
 
bull flag played out nicely with nfp
10850 area held
120 point move so far
stop tightened
 
p/b from the nfp spike went into a tight range
scalp long to retest 11k..was bullish all morning form that bull flag
stopped out for decent points
we could break 11 k...maybe
 
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