Trading with point and figure

[Atilla]

Feel we have more downside but big G and CB's kicking into action already including Japan.

If markets do what they have been doing then we'll see upside. Depends on extent of Government and Central Bank support to state the obvious.

I reckon Fed will talk up the economy as anything else after their December rate hike will make them look foolish.

Favour the pump side me self.

 

[Dentalfloss]

Cable /GBPUSD

 

[Moneylender]

Good morning all

 

[Dentalfloss]

Good morning all

mornin Guv"nor

 

[Dentalfloss]

what treats do we have in store today ??

 

[Dentalfloss]

DAX
this chart gives us a good fix on where the action will take place

 

[Moneylender]

No real direction yet

 

[Dentalfloss]

SPX

 

[Dentalfloss]

No real direction yet

a zip down to test the bulls
that pivot area of 9730 ish..importatnt

 

[Dentalfloss]

DAX
this chart gives us a good fix on where the action will take place

excellent movement down to test our pivot and a bounce
a bad bounce =bears in..lol

 

[Dentalfloss]

30.50 area is 50% of move up on wti/oil
gettin close..

 

[Dentalfloss]

9690 area should be a decent supp area..imho

 

[Moneylender]

Up up and away!

 

[Cigar]

Experimenting with volume profile on 15min chart.
Blue rectangles are from Dentists charts from Sunday.
The yellow lines show Lower Volume Nodes (slightly low..) where price doesn't like to go

 

[Dentalfloss]

oil/wti

 

[Dentalfloss]

Experimenting with volume profile on 15min chart.
Blue rectangles are from Dentists charts from Sunday.
The yellow lines show Lower Volume Nodes (slightly low..) where price doesn't like to go

are you getting good results ??:smart::smart:

 

[Dentalfloss]

lookin like spx has started a minor downtrend..
alot of mess..though

 

[Moneylender]

lookin like spx has started a minor downtrend..
alot of mess..though

I seem to be wrong end of everything this morning.

 

[Dentalfloss]

 

[Cigar]

are you getting good results ??:smart::smart:

Its good in hindsight...

It could be useful when the market is a bit 'sideways', showing ranges Zoomed in with a 5min chart